糖心vlog传媒

logo

South America Confectionery Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

The South America Confectionery Market is segmented by Confections (Chocolate, Gums, Snack Bar, Sugar Confectionery), by Distribution Channel (Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others) and by Country (Argentina, Brazil). Market聽Value聽in聽USD聽and聽Volume聽are聽both聽presented.聽Key聽data聽points聽observed聽include market segmental split by confections, confectionery variant, sugar content, and distribution channel.

INSTANT ACCESS

Home right-chevron-icon Market Analysis right-chevron-icon Food & Beverage Research right-chevron-icon Food Research right-chevron-icon South America Confectionery Market

South America Confectionery Market Size

South America Confectionery Market Summary
share button
svg icon Study Period 2018 - 2030
svg icon Market Size (2024) USD 12.72 Billion
svg icon Market Size (2030) USD 18.00 Billion
svg icon Largest Share by Distribution Channel Supermarket/Hypermarket
svg icon CAGR (2024 - 2030) 5.95 %
svg icon Largest Share by Country Brazil
svg icon Market Concentration Medium

Major Players
major-player-company-image

*Disclaimer: Major Players sorted in alphabetical order.

Key Players

Compare market size and growth of South America Confectionery Market with other markets in Food & Beverage Industry

Beverages

Food

Food Ingredients and Food Additives

Food Supplements

WHY BUY FROM US?

1. CRISP & INSIGHTFUL
2. TRUE BOTTOM-UP
3. EXHAUSTIVENESS
4. TRANSPARENCY
5. CONVENIENCE
KNOW MORE

South America Confectionery Market Analysis

The South America Confectionery Market size is estimated at 12.72 billion USD in 2024, and is expected to reach 18.00 billion USD by 2030, growing at a CAGR of 5.95% during the forecast period (2024-2030).

12.72 Billion

Market Size in 2024 (USD)

18.00 Billion

Market Size in 2030 (USD)

2.18 %

CAGR (2018-2023)

5.95 %

CAGR (2024-2030)

Largest Segment by Confections

47.48 %

value share, Chocolate, 2023

Icon image

Chocolate consumption in the region is supported by high demand for innovative flavors, purchasing power, and consumption patterns of the consumers during the study period.

Largest Segment by Distribution Channel

39.29 %

value share, Supermarket/Hypermarket, 2023

Icon image

The product assortment and shelf space in supermarkets allow consumers to compare the products, which has emerged as one of the major factors driving segmental growth.

Fastest-growing Segment by Confections

11.48 %

Projected CAGR, Snack Bar, 2024-2030

Icon image

The innovative packaging concepts, with an increasing need for on-the-go snack options led by children and the young population in South America, led to segment's growth.

Fastest-growing Segment by Distribution Channel

7.46 %

Projected CAGR, Online Retail Store, 2024-2030

Icon image

With the huge intensity of internet penetration, consumers are purchasing confectionery products through online stores, anticipating it to be the fastest-growing segment.

Leading Market Player

27.77 %

market share, Mondel膿z International Inc., 2022

Icon image

The active market activities, like product innovations and strategic moves by Mondel膿z, along with the unique portfolio, are enabling the company to grow ales in the market.

The presence of popular convenience stores like Jumbo, Metro, Carrefour, and Makro, along with the development of modern retail channels, promotes confectionery sales through convenience stores and supermarkets

  • In South America, the distribution channel segment maintained a growth rate of 5.28% by value in 2023 compared to 2022. The projected expansion is driven by consumers' increasing preference for convenient shopping facilities within the market. The convenience store segment was the largest retail unit in terms of volume in 2023. Some of the popular convenience stores in the region are Jumbo, Metro, Carrefour, Makro, D1, and Super Inter. By 2028, the convenience store segment in the region is estimated to register a growth of 6.37% by volume.
  • Supermarkets and hypermarkets are the second-largest channels in the confectionery market. The channel grew by 4.77% by value in 2023 compared to 2022 in terms of sales. The development of modern retail channels such as supermarkets and hypermarkets has made it feasible for consumers to purchase high-quality chocolate products. The proximity factor of these channels in the South American countries provides them with an added advantage of influencing the consumer鈥檚 decision to purchase among the large variety of products available in the market.
  • Online channels are the fastest-growing distribution channel for the consumption of confectionery products in South America, registering an anticipated CAGR of 6.32% during the forecast period. Consumers prefer online channels as they provide quick, convenient delivery options. The high internet penetration in the region also drives the demand for online channels. Among all the countries in the region, Argentina and Brazil had the highest internet penetration, at 99%, as of July 2023.
South America Confectionery Market

The inclination toward personalized snacking and rising preference for guilt-free indulgence are key market drivers in the region, with Brazil accounting for more than 60% of the market share

  • Brazil is identified as the major market in the region, followed by Argentina. The rise in consumer preference for convenient indulgent snacking is identified as the key market driver in the region. As of 2023, 39% of Brazilian consumers aged 16-34 snacked to relax/de-stress. Also, 32% of consumers aged 35+ believed that eating snacks helped them deal with anxiety.
  • In Brazil, chocolate was the most consumed confection, with an 81.72% share of the overall confectionery market in 2023 in terms of volume. Brazilians perceive chocolate as a unique and essential indulgent snack due to its flavor. In 2022, 67% of consumers consumed chocolate at least once a week. Snack bar is the fastest growing segment in the country, with an anticipated CAGR of 7% during 2023-2030 in terms of value. The market growth is attributed to the consumer shift toward guilt-free indulgence. In 2022, 81% of consumers preferred personalized snacks as per their health needs.
  • Argentina is identified as the fastest-growing confectionery market in the region. The Argentine market is anticipated to expand at a CAGR of 11.38% in terms of value during the forecast period. Argentina is one of the powerhouse snackers globally, where snacking occurs at multiple points during the day alongside regular mealtimes. This, in turn, contributes to the growth of the confectionery market, wherein sugar confectionery is largely consumed, with a share of 73.78% in 2023 in terms of volume. Pastilles, gummies, jellies, and toffees are widely consumed sugar confectionery variants in the country, collectively accounting for 68.16% of the volume share in 2023.
  • In the Rest of South America, Chile and Peru are major countries driving the market growth, collectively covering more than 60% of the sales, in terms of volume, in 2022.

South America Confectionery Market Trends

Strong spending on advertising along with the introduction of healthy variants like clean label, natural, and organic chocolates support the market growth

  • Brazil remains the prominent confectionery consumer in South America. In 2022, 75% of the Brazilian population consumed chocolate, and 35% of Brazilian consumers preferred chocolate over any other food or drink.
  • Creative Advertisement campaigns and packaging are the most prominent factors influencing the impulse buying of confectionery in the region. Sustainability is an increasingly important factor for consumers when it comes to snack packaging and ingredients.
  • Consumers in South America are becoming more interested in premium confectionary items. In Brazil, as of 2023, 76% of consumers are willing to pay more for high-quality/premium snacks, including organic chocolates and vegan chocolates. Economic factors are a significant attribute influencing chocolate buying behaviors among consumers in Brazil.
  • The rising consumer inclination toward low-sugar or low-calorie snack food is estimated to create lucrative opportunities for healthy variants of confectionery during the forecast period. In 2021, 鈥榋ero sugar鈥� (46%) and 鈥榣ight鈥� (55%) were the most common sugar claims in sugar-free and reduced-sugar food products, respectively, in Brazil.

OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT

  • The use of naturally produced color with unique color emulsion technology is expected to propel the market

South America Confectionery Industry Overview

The South America Confectionery Market is moderately consolidated, with the top five companies occupying 62.90%. The major players in this market are Arcor S.A.I.C, Cacau Show, Ferrero International SA, Mondel膿z International Inc. and Nestl茅 SA (sorted alphabetically).

South America Confectionery Market Leaders

  1. Arcor S.A.I.C

  2. Cacau Show

  3. Ferrero International SA

  4. Mondel膿z International Inc.

  5. Nestl茅 SA

South America Confectionery Market Concentration

Other important companies include Barry Callebaut AG, Chocoladefabriken Lindt & Spr眉ngli AG, Colombina SA, Dori Alimentos SA, Florestal Alimentos SA, Grupo de Inversiones Suramericana SA, Kellogg Company, Mars Incorporated, Perfetti Van Melle BV, Riclan SA, The Hershey Company.

*Disclaimer: Major Players sorted in alphabetical order.

bookmark Need More Details on Market Players and Competitors?
Download PDF

South America Confectionery Market News

  • July 2023: Ferrero's sister company, Ferrara Candy Co., announced the acquisition of Brazilian snacks company Dori Alimentos, which sells a variety of chocolate and sugar confectionery brands, including Dori, Pettiz, and Jubes.
  • April 2023: Under the ONE brand, The Hershey Company launched the Peanut Butter & Jelly Flavored Protein Bar. The ONE Limited Edition Peanut Butter & Jelly flavored bars are packed with 20 g of protein, 1 g of sugar, and the familiar taste of peanut butter and strawberry jelly flavors.
  • January 2023: The Hershey Company launched caffeinated protein bars. The range is available in two flavors, which include Vanilla Latte and Caramel Macchiato.

Free with this Report

We provide a comprehensive and exhaustive set of data pointers for global, regional, and country-level metrics that illustrate the fundamentals of the confectionery industry. With the help of 45+ free charts, clients can access in-depth market analysis based on price trend analysis of confectionery ingredients and per capita consumption of confections, through granular-level segmental information supported by a repository of market data, trends, and expert analysis. Data and analysis on confections, confectionery variants, sugar content, insights into consumer preferences and purchasing patterns, an overview of key market players, etc., are available in the form of comprehensive reports as well as excel-based data worksheets.

South America Confectionery Market
South America Confectionery Market
South America Confectionery Market
South America Confectionery Market

South America Confectionery Market Report - Table of Contents

  1. EXECUTIVE SUMMARY & KEY FINDINGS

  2. REPORT OFFERS

  3. 1. INTRODUCTION

    1. 1.1. Study Assumptions & Market Definition

    2. 1.2. Scope of the Study鈥�

    3. 1.3. Research Methodology

  4. 2. KEY INDUSTRY TRENDS

    1. 2.1. Regulatory Framework

    2. 2.2. Consumer Buying Behavior

    3. 2.3. Ingredient Analysis

    4. 2.4. Value Chain & Distribution Channel Analysis

  5. 3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)

    1. 3.1. Confections

      1. 3.1.1. Chocolate

        1. 3.1.1.1. By Confectionery Variant

          1. 3.1.1.1.1. Dark Chocolate

          2. 3.1.1.1.2. Milk and White Chocolate

      2. 3.1.2. Gums

        1. 3.1.2.1. By Confectionery Variant

          1. 3.1.2.1.1. Bubble Gum

          2. 3.1.2.1.2. Chewing Gum

            1. 3.1.2.1.2.1. By Sugar Content

              1. 3.1.2.1.2.1.1. Sugar Chewing Gum

              2. 3.1.2.1.2.1.2. Sugar-free Chewing Gum

      3. 3.1.3. Snack Bar

        1. 3.1.3.1. By Confectionery Variant

          1. 3.1.3.1.1. Cereal Bar

          2. 3.1.3.1.2. Fruit & Nut Bar

          3. 3.1.3.1.3. Protein Bar

      4. 3.1.4. Sugar Confectionery

        1. 3.1.4.1. By Confectionery Variant

          1. 3.1.4.1.1. Hard Candy

          2. 3.1.4.1.2. Lollipops

          3. 3.1.4.1.3. Mints

          4. 3.1.4.1.4. Pastilles, Gummies, and Jellies

          5. 3.1.4.1.5. Toffees and Nougats

          6. 3.1.4.1.6. Others

    2. 3.2. Distribution Channel

      1. 3.2.1. Convenience Store

      2. 3.2.2. Online Retail Store

      3. 3.2.3. Supermarket/Hypermarket

      4. 3.2.4. Others

    3. 3.3. Country

      1. 3.3.1. Argentina

      2. 3.3.2. Brazil

      3. 3.3.3. Rest of South America

  6. 4. COMPETITIVE LANDSCAPE

    1. 4.1. Key Strategic Moves

    2. 4.2. Market Share Analysis

    3. 4.3. Company Landscape

    4. 4.4. Company Profiles

      1. 4.4.1. Arcor S.A.I.C

      2. 4.4.2. Barry Callebaut AG

      3. 4.4.3. Cacau Show

      4. 4.4.4. Chocoladefabriken Lindt & Spr眉ngli AG

      5. 4.4.5. Colombina SA

      6. 4.4.6. Dori Alimentos SA

      7. 4.4.7. Ferrero International SA

      8. 4.4.8. Florestal Alimentos SA

      9. 4.4.9. Grupo de Inversiones Suramericana SA

      10. 4.4.10. Kellogg Company

      11. 4.4.11. Mars Incorporated

      12. 4.4.12. Mondel膿z International Inc.

      13. 4.4.13. Nestl茅 SA

      14. 4.4.14. Perfetti Van Melle BV

      15. 4.4.15. Riclan SA

      16. 4.4.16. The Hershey Company

  7. 5. KEY STRATEGIC QUESTIONS FOR CONFECTIONERY CEOS

  8. 6. APPENDIX

    1. 6.1. Global Overview

      1. 6.1.1. Overview

      2. 6.1.2. Porter鈥檚 Five Forces Framework

      3. 6.1.3. Global Value Chain Analysis

      4. 6.1.4. Market Dynamics (DROs)

    2. 6.2. Sources & References

    3. 6.3. List of Tables & Figures

    4. 6.4. Primary Insights

    5. 6.5. Data Pack

    6. 6.6. Glossary of Terms

List of Tables & Figures

  1. Figure 1:  
  2. VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 2:  
  2. VALUE OF CONFECTIONERY MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 3:  
  2. VOLUME OF CONFECTIONERY MARKET BY CONFECTIONS, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 4:  
  2. VALUE OF CONFECTIONERY MARKET BY CONFECTIONS, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 5:  
  2. VOLUME SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 6:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTIONS, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 7:  
  2. VOLUME OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 8:  
  2. VALUE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 9:  
  2. VOLUME SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 10:  
  2. VALUE SHARE OF CHOCOLATE MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 11:  
  2. VOLUME OF DARK CHOCOLATE MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 12:  
  2. VALUE OF DARK CHOCOLATE MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 13:  
  2. VALUE SHARE OF DARK CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 14:  
  2. VOLUME OF MILK AND WHITE CHOCOLATE MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 15:  
  2. VALUE OF MILK AND WHITE CHOCOLATE MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 16:  
  2. VALUE SHARE OF MILK AND WHITE CHOCOLATE MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 17:  
  2. VOLUME OF GUMS MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 18:  
  2. VALUE OF GUMS MARKET BY CONFECTIONERY VARIANT, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 19:  
  2. VOLUME SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 20:  
  2. VALUE SHARE OF GUMS MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 21:  
  2. VOLUME OF BUBBLE GUM MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 22:  
  2. VALUE OF BUBBLE GUM MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 23:  
  2. VALUE SHARE OF BUBBLE GUM MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 24:  
  2. VOLUME OF CHEWING GUM MARKET BY SUGAR CONTENT, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 25:  
  2. VALUE OF CHEWING GUM MARKET BY SUGAR CONTENT, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 26:  
  2. VOLUME SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 27:  
  2. VALUE SHARE OF CHEWING GUM MARKET BY SUGAR CONTENT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 28:  
  2. VOLUME OF SUGAR CHEWING GUM MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 29:  
  2. VALUE OF SUGAR CHEWING GUM MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 30:  
  2. VALUE SHARE OF SUGAR CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 31:  
  2. VOLUME OF SUGAR-FREE CHEWING GUM MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 32:  
  2. VALUE OF SUGAR-FREE CHEWING GUM MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 33:  
  2. VALUE SHARE OF SUGAR-FREE CHEWING GUM MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 34:  
  2. VOLUME OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 35:  
  2. VALUE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 36:  
  2. VOLUME SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 37:  
  2. VALUE SHARE OF SNACK BAR MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 38:  
  2. VOLUME OF CEREAL BAR MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 39:  
  2. VALUE OF CEREAL BAR MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 40:  
  2. VALUE SHARE OF CEREAL BAR MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 41:  
  2. VOLUME OF FRUIT & NUT BAR MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 42:  
  2. VALUE OF FRUIT & NUT BAR MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 43:  
  2. VALUE SHARE OF FRUIT & NUT BAR MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 44:  
  2. VOLUME OF PROTEIN BAR MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 45:  
  2. VALUE OF PROTEIN BAR MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 46:  
  2. VALUE SHARE OF PROTEIN BAR MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 47:  
  2. VOLUME OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 48:  
  2. VALUE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 49:  
  2. VOLUME SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 50:  
  2. VALUE SHARE OF SUGAR CONFECTIONERY MARKET BY CONFECTIONERY VARIANT, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 51:  
  2. VOLUME OF HARD CANDY MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 52:  
  2. VALUE OF HARD CANDY MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 53:  
  2. VALUE SHARE OF HARD CANDY MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 54:  
  2. VOLUME OF LOLLIPOPS MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 55:  
  2. VALUE OF LOLLIPOPS MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 56:  
  2. VALUE SHARE OF LOLLIPOPS MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 57:  
  2. VOLUME OF MINTS MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 58:  
  2. VALUE OF MINTS MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 59:  
  2. VALUE SHARE OF MINTS MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 60:  
  2. VOLUME OF PASTILLES, GUMMIES, AND JELLIES MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 61:  
  2. VALUE OF PASTILLES, GUMMIES, AND JELLIES MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 62:  
  2. VALUE SHARE OF PASTILLES, GUMMIES, AND JELLIES MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 63:  
  2. VOLUME OF TOFFEES AND NOUGATS MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 64:  
  2. VALUE OF TOFFEES AND NOUGATS MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 65:  
  2. VALUE SHARE OF TOFFEES AND NOUGATS MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 66:  
  2. VOLUME OF OTHERS MARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 67:  
  2. VALUE OF OTHERS MARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 68:  
  2. VALUE SHARE OF OTHERS MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 69:  
  2. VOLUME OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 70:  
  2. VALUE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 71:  
  2. VOLUME SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 72:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY DISTRIBUTION CHANNEL, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 73:  
  2. VOLUME OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 74:  
  2. VALUE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 75:  
  2. VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA CONVENIENCE STORE BY CONFECTION, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 76:  
  2. VOLUME OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 77:  
  2. VALUE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 78:  
  2. VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA ONLINE RETAIL STORE BY CONFECTION, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 79:  
  2. VOLUME OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 80:  
  2. VALUE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 81:  
  2. VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA SUPERMARKET/HYPERMARKET BY CONFECTION, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 82:  
  2. VOLUME OF CONFECTIONERY MARKET SOLD VIA OTHERS, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 83:  
  2. VALUE OF CONFECTIONERY MARKET SOLD VIA OTHERS, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 84:  
  2. VALUE SHARE OF CONFECTIONERY MARKET SOLD VIA OTHERS BY CONFECTION, %, SOUTH AMERICA, 2023 VS 2030
  1. Figure 85:  
  2. VOLUME OF CONFECTIONERY MARKET BY COUNTRY, METRIC TONNES, SOUTH AMERICA, 2018 - 2030
  1. Figure 86:  
  2. VALUE OF CONFECTIONERY MARKET BY COUNTRY, USD, SOUTH AMERICA, 2018 - 2030
  1. Figure 87:  
  2. VOLUME SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 88:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY COUNTRY, %, SOUTH AMERICA, 2018 VS 2024 VS 2030
  1. Figure 89:  
  2. VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, ARGENTINA, 2018 - 2030
  1. Figure 90:  
  2. VALUE OF CONFECTIONERY MARKET, USD, ARGENTINA, 2018 - 2030
  1. Figure 91:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, ARGENTINA, 2023 VS 2030
  1. Figure 92:  
  2. VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, BRAZIL, 2018 - 2030
  1. Figure 93:  
  2. VALUE OF CONFECTIONERY MARKET, USD, BRAZIL, 2018 - 2030
  1. Figure 94:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, BRAZIL, 2023 VS 2030
  1. Figure 95:  
  2. VOLUME OF CONFECTIONERY MARKET, METRIC TONNES, REST OF SOUTH AMERICA, 2018 - 2030
  1. Figure 96:  
  2. VALUE OF CONFECTIONERY MARKET, USD, REST OF SOUTH AMERICA, 2018 - 2030
  1. Figure 97:  
  2. VALUE SHARE OF CONFECTIONERY MARKET BY CONFECTION, %, REST OF SOUTH AMERICA, 2023 VS 2030
  1. Figure 98:  
  2. MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, SOUTH AMERICA, 2018 - 2023
  1. Figure 99:  
  2. MOST ADOPTED STRATEGIES, COUNT, SOUTH AMERICA, 2018 - 2023
  1. Figure 100:  
  2. VALUE SHARE OF MAJOR PLAYERS, %, SOUTH AMERICA, 2022

South America Confectionery Industry Segmentation

Chocolate, Gums, Snack Bar, Sugar Confectionery are covered as segments by Confections. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel. Argentina, Brazil are covered as segments by Country.

  • In South America, the distribution channel segment maintained a growth rate of 5.28% by value in 2023 compared to 2022. The projected expansion is driven by consumers' increasing preference for convenient shopping facilities within the market. The convenience store segment was the largest retail unit in terms of volume in 2023. Some of the popular convenience stores in the region are Jumbo, Metro, Carrefour, Makro, D1, and Super Inter. By 2028, the convenience store segment in the region is estimated to register a growth of 6.37% by volume.
  • Supermarkets and hypermarkets are the second-largest channels in the confectionery market. The channel grew by 4.77% by value in 2023 compared to 2022 in terms of sales. The development of modern retail channels such as supermarkets and hypermarkets has made it feasible for consumers to purchase high-quality chocolate products. The proximity factor of these channels in the South American countries provides them with an added advantage of influencing the consumer鈥檚 decision to purchase among the large variety of products available in the market.
  • Online channels are the fastest-growing distribution channel for the consumption of confectionery products in South America, registering an anticipated CAGR of 6.32% during the forecast period. Consumers prefer online channels as they provide quick, convenient delivery options. The high internet penetration in the region also drives the demand for online channels. Among all the countries in the region, Argentina and Brazil had the highest internet penetration, at 99%, as of July 2023.
Confections
Chocolate
By Confectionery Variant
Dark Chocolate
Milk and White Chocolate
Gums
By Confectionery Variant
Bubble Gum
Chewing Gum
By Sugar Content
Sugar Chewing Gum
Sugar-free Chewing Gum
Snack Bar
By Confectionery Variant
Cereal Bar
Fruit & Nut Bar
Protein Bar
Sugar Confectionery
By Confectionery Variant
Hard Candy
Lollipops
Mints
Pastilles, Gummies, and Jellies
Toffees and Nougats
Others
Distribution Channel
Convenience Store
Online Retail Store
Supermarket/Hypermarket
Others
Country
Argentina
Brazil
Rest of South America
customize-icon Need A Different Region Or Segment?
Customize Now

Market Definition

  • Milk and White Chocolate - Milk chocolates is a solid chocolate made with milk (in the form of either milk powder, liquid milk, or condensed milk) and cocoa solids. White chocolate is made from cocoa butter and milk and contains no cocoa solids whatsoever. The scope includes regular chocolates, low-sugar, and sugar-free variants
  • Toffees & Nougats - Toffees include hard, chewy, and small or one-bite candies marketed with labels as toffee or toffee-like confectionery. Nougat is a chewy confection with almond, sugar, and egg white as a basic ingredient; and it originated in Europe and Middle East countries.
  • Cereals Bars - A snack composed of breakfast cereal that has been compressed into a bar shape and is held together with a form of edible adhesive. The scope includes snack bars made with cereals such as rice, oats, corn, etc. mixed with a binding syrup. These also include products labeled as cereal bars, cereal treat bars, or grain bars.
  • Chewing Gum - This is a preparation for chewing, usually made of flavored and sweetened chicle or such substitutes as polyvinyl acetate. The types of chewing gums included in the scope are sugar-chewing gums and sugar-free chewing gums
Keyword Definition
Dark Chocolate Dark chocolate is a form of chocolate containing cocoa solids and cocoa butter without the milk.
White Chocolate White chocolate is the type of chocolate containing the highest percentage of milk solids, typically around or over 30 percent.
Milk Chocolate Milk chocolate is made from dark chocolate that has a low cocoa solid content and higher sugar content, plus a milk product.
Hard Candy A candy made of sugar and corn syrup boiled without crystallizing.
Toffees A hard, chewy, often brown sweet that is made from sugar boiled with butter.
Nougats A chewy or brittle candy containing almonds or other nuts and sometimes fruit.
Cereal bar A cereal bar is a bar-shaped food product, made by pressing cereals and usually dried fruit or berries, which are in most cases held together by glucose syrup.
Protein bar Protein bars are nutrition bars that contain a high proportion of protein to carbohydrates/fats.
Fruit & Nut bar These are often based on dates with other dried fruit and nut additions and, in some cases, flavorings.
NCA The National Confectioners Association is an American trade organization that promotes chocolate, candy, gum and mints, and the companies that make these treats.
CGMP Current good manufacturing practices are those conforming to the guidelines recommended by relevant agencies.
Unstandardized foods Unstandardized foods are those that do not have a standard of identity or that deviate from a prescribed standard in any manner.
GI The glycemic index (GI) is a way of ranking carbohydrate-containing foods based on how slowly or quickly they are digested and increase blood glucose levels over a period of time
Skimmed milk powder Skimmed milk powder is obtained by removing water from pasteurized skim milk by spray-drying.
Flavanols Flavanols are a group of compounds found in cocoa, tea, apples, and many other plant-based foods and beverages.
WPC Whey protein concentrate- the substance obtained by the removal of sufficient nonprotein constituents from pasteurized whey so that the finished dry product contains greater than 25% protein.
LDL Low density Lipoprotein- the bad cholesterol
HDL High density Lipoprotein- the good cholesterol
BHT butylated Hydroxytoluene is a lab-made chemical that is added to foods as a preservative.
Carrageenan Carrageenan is an additive used to thicken, emulsify, and preserve foods and drinks.
Free form Not containing certain ingredients, such as gluten, dairy, or sugar.
Cocoa butter It is a fatty substance obtained from cocoa beans, used in the manufacture of confectionery.
Pastellies A type of of Brazilian candy made from sugar, eggs, and milk.
Draggees Small, round candies that are coated with a hard sugar shell
CHOPRABISCO Royal Belgian Association of the chocolate, pralines, biscuit, and confectionery industry- A trade association that represents the Belgian chocolate industry.
European Directive 2000/13 A European Union directive that regulates the labeling of food products
Kakao-Verordnung The German chocolate ordinance, a set of regulations that define what can be labeled as "chocolate" in Germany.
FASFC Federal Agency for the Safety of the Food Chain
Pectin A natural substance that is derived from fruits and vegetables. It is used in confectionery to create a gel-like texture.
Invert sugars A type of sugar that is made up of glucose and fructose.
Emulsifier A substance that helps to mix to liquids that does not mix together.
Anthocyanins A type of flavonoid that is responsible for the red, purple, and blue colors of confectionery.
Functional Foods Foods that have been modified to provide additional health benefits beyond basic nutrition.
Kosher certificate This certification verifies that the ingredients, production process including all machinery, and/or food-service process complies with the standards of Jewish dietary law
Chicory root extract A natural extract from the chicory root that is a good source of fiber, calcium, phosphorous, and folate
RDD Recommended daily dose
Gummies A chewy gelatin-based candy that is often flavored with fruit.
Nutraceuticals Food or dietary supplements that are claimed to have health benefits.
Energy bars Snack bars that are high in carbohydrates and calories are designed to provide energy on the go.
BFSO Belgian Food Safety Organization for the food chain.
bookmark Need More Details on Market Definition?
Ask a Question

Research Methodology

糖心vlog传媒 follows a four-step methodology in all our reports.

  • Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.鈥�
  • Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.鈥�
  • Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.鈥�
  • Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
research-methodology
download-icon Get More Details On Research Methodology
Download PDF
close-icon
80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!

WHY BUY FROM US?
card-img
01. Crisp, insightful analysis
Our focus is NOT on word count. We present only the key trends impacting the market so you don鈥檛 waste time finding a needle in the haystack.
card-img
02. True Bottom-Up Approach
We study the industry, not just the market. Our bottom-up approach ensures we have a broad and deep understanding of the forces that shape the industry.
card-img
03. Exhaustive Data
Tracking a million data points on the confectionery industry. Our constant market tracking covers over 1 million+ data points spanning 45 countries and over 150 companies just for the confectionery industry.
card-img
04. Transparency
Know where your data comes from. Most market reports today hide the sources used behind the veil of a proprietary model. We proudly present them so you can trust our information.
card-img
05. Convenience
Tables belong in spreadsheets. Like you, we also believe that spreadsheets are better suited for data evaluation. We don't clutter our reports with data tables. We provide an excel document with each report that contains all the data used to analyze the market.

South America Confectionery Market Research FAQs

The South America Confectionery Market size is expected to reach USD 12.72 billion in 2024 and grow at a CAGR of 5.95% to reach USD 18.00 billion by 2030.

In 2024, the South America Confectionery Market size is expected to reach USD 12.72 billion.

Arcor S.A.I.C, Cacau Show, Ferrero International SA, Mondel膿z International Inc. and Nestl茅 SA are the major companies operating in the South America Confectionery Market.

In the South America Confectionery Market, the Supermarket/Hypermarket segment accounts for the largest share by distribution channel.

In 2024, Brazil accounts for the largest share by country in the South America Confectionery Market.

In 2023, the South America Confectionery Market size was estimated at 12.72 billion. The report covers the South America Confectionery Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the South America Confectionery Market size for years: 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

South America Confectionery Industry Report

Statistics for the 2023 South America Confectionery market share, size and revenue growth rate, created by 糖心vlog传媒鈩� Industry Reports.聽South America Confectionery analysis includes a market forecast outlook to 2030 and historical overview.聽Get a sample of this industry analysis as a free report PDF download.

South America Confectionery Market Report Snapshots

South America Confectionery Market SIZE & SHARE ANALYSIS - GROWTH TRENDS & FORECASTS UP TO 2030

// // // // //

糖心vlog传媒

// // ${ //
//

// 糖心vlog传媒 - ${reportTitle} //

// // // "> // `; codeToEmbed.innerText = `

${
Image Source
` // Citation Copy const citationText = document.querySelector(".citation-text"); const copyCitation = document.querySelector("#copy-citation"); copyCitation.addEventListener("click", function (event) { event.preventDefault(); handleShare('Citation Copied'); var copyText = citationText.innerText; navigator.clipboard.writeText(copyText); let copiedNotification = document.getElementById("citation-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 2000); }); // Link Copy const copyButton = document.querySelector("#copy-link"); copyButton.addEventListener("click", function (event) { event.preventDefault(); handleShare('Link Copied') navigator.clipboard.writeText(`${report_url}`); let copiedNotification = document.getElementById("link-copy-notification"); copiedNotification.classList.remove("invisible"); setTimeout(()=>copiedNotification.classList.add("invisible"), 1500 ); }); // Embed Code Copy const copyEmbedCodeButton = document.getElementById('copy-embed-code-butt'); copyEmbedCodeButton.addEventListener("click", function(event){ event.preventDefault(); handleEmbedSnapshot(); let copyiedCode = document.getElementById('code-to-copy').innerText; navigator.clipboard.writeText(copyiedCode); let codeCopiedNotification = document.getElementById("embed-code-copy-notification"); codeCopiedNotification.classList.remove("invisible"); setTimeout(()=>codeCopiedNotification.classList.add("invisible"), 1500 ); }); // Facebook Share let facebookShare = document.getElementById("facebook-share"); facebookShare.addEventListener('click', function() { handleShare('Facebook'); let url = `https://www.facebook.com/sharer/sharer.php?u=${encodeURI(report_url)}`; window.open(url,'Share on Facebook', `width=${width}, height=${height}, top=${top}, left=${left}`) }); // LinkedIn Share let linkedinShare = document.getElementById("linkedin-share"); linkedinShare.addEventListener('click', function() { handleShare('LinkedIn'); let url = `https://www.linkedin.com/shareArticle?mini=true&url=${encodeURI(report_url)}&source=MordorIntel`; window.open(url, 'Share on Linkedin', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Twitter Share let twitterShare = document.getElementById("twitter-share"); twitterShare.addEventListener('click', function() { handleShare('Twitter'); let url = `http://twitter.com/intent/tweet?url=${encodeURI(report_url)}&text=${encodeURIComponent(shortTitle.replace(/\s+Market$/, '').replace(/\s+market$/, '').trim() + ' Market Size | 糖心vlog传媒')},${encodeURIComponent('@MordorIntel')}&hashtags=mordorintelligence,${slug.replaceAll("-", "")}`; window.open(url, 'Share on Twitter', `width=${width}, height=${height}, top=${top}, left=${left}`); }); // Email Share let emailShare = document.getElementById("email-share"); emailShare.href = `mailto:?subject=${encodeURIComponent("糖心vlog传媒 - " + shortTitle)}&body=${encodeURIComponent('Check out this report from 糖心vlog传媒. I believe you will find it interesting.')}%0D%0A%0D%0A${encodeURIComponent(metaDescription)}%0D%0A%0D%0A${encodeURIComponent(marketSnapshotUrl)}%0D%0A%0D%0A${encodeURIComponent(report_url)}`; emailShare.addEventListener('click', function() { handleShare('Email'); }); } // Share Analytics async function handleShare(type=null){ try{ let body ={ reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `${report_url}`, sharingPlatform: type, } fetch(`${backend_url}/api/collect-analytics/share-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Share Analytics: ${error}`); } } // Embed Analytics async function handleEmbedSnapshot(){ try{ let body ={ image: (imageType === "executive-summary") ? marketSnapshotUrl.split('/')[3]+'-executive-summary-snapshot' : marketSnapshotUrl.split('/')[3]+'-market-snapshot', imageUrl: marketSnapshotUrl, reportTitle: `${reportTitle}`, reportSlug: `${slug}`, reportUrl: `'${report_url}`, isMarketSnapshot: isMarketSnapshot, isExecutiveSummary: isExecutiveSummary, } fetch(`${backend_url}/api/collect-analytics/embed-analytics`, { method: 'post', body: JSON.stringify(body) }).then(res=>{ console.log('Send Successfully'); }) } catch(error){ console.log(`Error at Embed Snapshot Analytics: ${error}`); } } // Alter Image Url function alterImageUrl(imageUrl){ if(window.location.href?.includes('www.mordorintelligence')){ if(imageUrl?.includes('mordorlabs')){ imageUrl = imageUrl.replace('mordorlabs','mordorintelligence'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorintelligence'); } }else{ if(imageUrl?.includes('mordorintelligence')) { imageUrl = imageUrl.replace('mordorintelligence','mordorlabs'); }else if(imageUrl?.includes('mordor-graph-bucket.s3.us-west-2.amazonaws')){ imageUrl = imageUrl.replace('mordor-graph-bucket.s3.us-west-2.amazonaws','s3.mordorlabs'); } } return imageUrl + "?embed=true"; } }