Lewes, DE -- (SBWIRE) -- 06/26/2017 -- Report forecast the global sugar confectionery market to grow at a CAGR of 3.92% during the period 2017-2021.

Sugar confectionery are a range of sugar-based products, which contain a high amount of sugar or sweetener. Sugar confectionery products form an integral part of the global confectionery market. They are consumed as taste ingredients and snack food. Besides, they also find application in gifts industry. The sugar confectionery market is divided into six major segments based on product type, which includes hard-boiled sweets, gums and jellies, caramels and toffees, mints, medicated confectioneries, and others.

The report covers the present scenario and the growth prospects of the global sugar confectionery market for 2017-2021. To calculate the market size, the report considers new installations, shipments, sales, volume, and value.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one driver in the market is wide reach through organized retailing. The number of organized retailers has increased worldwide with the establishment of supermarkets, hypermarkets, and specialty stores. Ready-to-eat (RTE) foods are mostly sold through large organized retailers, and as such, vendors are highly dependent on these large organized retailers. Supermarkets constitute a major distribution channel, which offer affordable food products. Given the rise in population, the number of supermarkets is growing.

Further, the report states that one challenge in the market is increasing vendor fragmentation leading to unhealthy competition. The major challenge for vendors in any packaged food items industry is achieving mass market penetration and building a loyal customer base. Many local and unorganized regional vendors operate in the global sugar confectionery market. They provide products at a lesser price with an aim to fulfill consumer needs. Therefore, national and international players face strong and unhealthy competition from these regional vendors.

Global Sugar Confectionery Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global sugar confectionery market: Mondel?z International, Ferrara Candy Company, Nestlé, HARIBO, and Perfetti Van Melle.

Other Prominent Vendors in the market are: Adams & Brooks, Anthony-Thomas Candy, STORCK USA, DB Bourbon Candy, Cloetta, Ezaki Glico, Ferrero, Hammond's Candies, Meiji Holdings, and Wm. Wrigley Jr. Company.

Market driver
- Wide reach through organized retailing
- For a full, detailed list, view our report

Market challenge
- Increasing vendor fragmentation leading to unhealthy competition
- For a full, detailed list, view our report

Market trend
- Increasing availability of products through online channels
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 99 pages "Global Sugar Confectionery Market 2017 - 2021" report covers Executive summary, Scope of the report, Research Methodology, Introduction, Market landscape, Market segmentation by product type, Market segmentation by distribution channel, Market segmentation by geography, Key leading countries, Decision framework, Drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

Please visit this link for more details: http://www.marketresearchreports.com/technavio/global-sugar-confectionery-market-2017-2021

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