Market Overview
| Study Period | 2017 - 2030 |
|---|---|
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 214.1 Billion |
| Market Size (2030) | USD 280.8 Billion |
| Growth Rate (2025 - 2030) | 5.57% CAGR |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. |
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Confectionery Market Analysis by Mordor Intelligence
The Confectionery Market size is estimated at 214.1 billion USD in 2025, and is expected to reach 280.8 billion USD by 2030, growing at a CAGR of 5.57% during the forecast period (2025-2030).
The confectionery industry is experiencing a significant transformation in its retail landscape, with supermarkets and hypermarkets emerging as the dominant distribution channels. Major retail chains are strategically positioning confectionery products at checkout counters to drive impulse purchases while expanding their store networks to enhance accessibility. For instance, as of 2023, Lidl operates over 3,000 stores in Germany and 1,500 stores in France, while Carrefour maintains approximately 2,869 supermarkets across Europe. The convenience store sector has also witnessed substantial growth, with chains like 7-Eleven expanding their global presence to over 77,711 stores by 2022, offering a wide range of confectionery products with innovative promotional strategies.
Consumer preferences in the confectionery market are increasingly shifting towards healthier alternatives and premium products. This trend is particularly evident in mature markets, where consumers are demanding products with natural ingredients, reduced sugar content, and organic certifications. The industry has responded by developing sugar-free, vegan, and organic variants to cater to health-conscious consumers. In North America, this shift is reflected in consumption patterns, with recent data showing that while 49% of US consumers prefer milk chocolate, a significant 34% now opt for dark chocolate, which is perceived as a healthier alternative.
The market is witnessing a notable trend towards premiumization and product innovation, particularly in established markets. Manufacturers are introducing artisanal chocolates, unique flavor combinations, and luxury confectionery products to meet evolving consumer preferences. Canadian consumers, for instance, demonstrate a strong appetite for premium chocolate products, with an average per capita consumption of 6.4 kg in 2022, and households spending an average of USD 88 annually on chocolate bars. This trend is driving manufacturers to invest in product development and premium packaging to differentiate their offerings in an increasingly competitive market, thereby influencing the confectionery market size.
The digital transformation of retail channels is reshaping the confectionery market's distribution landscape. E-commerce platforms are emerging as crucial sales channels, offering consumers convenient access to a wider range of products and personalized shopping experiences. Online retailers are leveraging data analytics and artificial intelligence to understand consumer preferences and optimize their product offerings. The trend towards digital retail is particularly evident in the rapid growth of online confectionery sales, with the segment projected to maintain strong momentum through 2030, supported by increasing internet penetration and evolving consumer shopping habits. This digital shift is a key factor in the confectionery market growth.
Global Confectionery Market Trends and Insights
Strong demand during festive seasons and special occasions positively impacts the confectionery market worldwide
- Europe and Asia-Pacific are the leading confectionery-consuming regions, followed by North America. The consumption of confectionery products in Europe is majorly associated with celebrations, holidays, and gift-giving, leading to consistent demand throughout the year. In North America, one-fifth of consumers bought candy weekly, and slightly more (22%) bought candy multiple times per week in 2022.
- Organic, Fairtrade-certified, and Rainforest Alliance/UTZ-certified confectionery are gaining significant traction across European countries. Germany, the UK, and the Netherlands are the largest markets for chocolates made with Fairtrade-certified cocoa beans. Also, consumer preferences are influenced by the taste, texture, and format of the confectionery.
- In 2023, confectionery products witnessed a hike in their sales. The sales growth was linked to the changing eating habits of consumers. In 2023, under the confectionery segment, snack bars gained a significant volume of popularity as people preferred them over oily-stuffed snacks. On average, the Y-o-Y growth of the prices of chocolate products was valued at USD 2.34 in 2023, which was also a hike of 2.1%.
- Under the confectionery segment, chocolate is a popular treat enjoyed by individuals. There are considerations regarding its health benefits and potential drawbacks. Chocolates were consumed by 92% of the global population in 2023. Across the globe, there are a few additional factors to consider in the context of confectionery consumption from a health perspective, such as their health significance.
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The demand for fortified confectionery products, and products incorporated with ingredients with functional benefits boost the growth
Segment Analysis: Confections
Chocolate Segment in Global Confectionery Market
Chocolate continues to dominate the global chocolate confectionery market, commanding approximately 54% of the total market value in 2024. This significant market share is driven by the product's multisensory and chemosensory appeal, including attributes like color, mouthfeel, and complexity of flavors and aromas. Milk and white chocolate variants remain preferred choices over dark chocolate, primarily due to taste preferences, with the addition of milk, a lower percentage of cocoa, and higher sugar content creating a taste profile that appeals much more to the general population than the bitter profile of dark chocolates. The segment's strong position is further reinforced by growing consumer awareness of dark chocolate's health benefits, as scientific studies have found it to be harmless when consumed by people suffering from cardiac diseases, diabetes, and obesity.
Snack Bar Segment in Global Confectionery Market
The snack bar segment is projected to exhibit the strongest growth trajectory in the global confectionery industry, with an anticipated growth rate of approximately 8% during 2024-2029. This remarkable growth is primarily driven by increasing consumer preference for healthier and wholesome snacks, especially among younger demographics. The segment's expansion is supported by manufacturers increasingly launching new products with natural and organic claims, such as "no artificial additives," "non-GMO," and "reduced sugar." The rising number of sports enthusiasts and fitness enthusiasts globally has particularly fueled snack bar sales, with health-conscious consumers increasingly choosing these products as meal replacements or nutritious snacking options. The segment's growth is further bolstered by the development of innovative flavors and healthy varieties to supplement eating habits.
Remaining Segments in Global Confectionery Market
The global confectionery market segmentation includes gums and sugar confectionery, each playing vital roles in the industry's diversity. The gums segment encompasses both bubble gum and chewing gum variants, with manufacturers focusing on sugar-free alternatives and functional benefits such as dental health and breath freshening. The sugar confectionery segment comprises various products including hard candies, lollipops, mints, pastilles, gummies, jellies, toffees, and nougats, catering to different consumer preferences and occasions. These segments continue to evolve with innovations in flavors, textures, and healthier formulations, responding to changing consumer preferences and health consciousness trends.
Segment Analysis: Distribution Channel
Supermarket/Hypermarket Segment in Global Confectionery Market
Supermarkets and hypermarkets dominate the global candy market distribution landscape, commanding approximately 47% of the market share in 2024. This channel's dominance is attributed to its ability to offer a comprehensive range of sweets market products under one roof, coupled with strategic product positioning and merchandising strategies. These retail formats leverage their widespread networks and strong relationships with candy industry manufacturers to provide consumers with diverse product choices at competitive prices. The segment's strength is further enhanced by the implementation of loyalty programs and regular promotional activities that drive consumer engagement. Major global chains like Walmart, Carrefour, and Tesco have been instrumental in maintaining this channel's market leadership through their extensive geographical presence and sophisticated supply chain management systems.
Online Retail Store Segment in Global Confectionery Market
The online retail channel is experiencing remarkable growth in the confectionery market, projected to expand at approximately 6% CAGR from 2024 to 2029. This growth trajectory is primarily driven by the increasing adoption of e-commerce platforms and changing consumer shopping preferences. The segment's expansion is supported by the rising number of smartphone users and widespread internet penetration across key regions. Online retailers are capitalizing on this trend by offering exclusive deals, subscription services, and personalized shopping experiences. The convenience of home delivery, coupled with the ability to compare prices and access a wider product range, has made this channel particularly attractive to modern consumers. Additionally, the integration of advanced technologies in online platforms, such as artificial intelligence for personalized recommendations and improved user interfaces, is further accelerating this segment's growth.
Remaining Segments in Distribution Channel
The convenience store and other retail formats continue to play vital roles in the global confectionery distribution landscape. Convenience stores serve as crucial points of impulse purchases, particularly benefiting from their strategic locations and extended operating hours. These stores excel in capturing spontaneous buying decisions through effective checkout counter displays and quick-service offerings. The 'Others' category, which includes specialty stores, vending machines, and direct selling channels, provides unique value propositions to specific consumer segments. These alternative channels often focus on premium or niche confectionery products, creating distinct market positions through specialized product offerings and personalized customer service approaches.
Confectionery Market Geography Segment Analysis
Confectionery Market in Africa
The African confectionery market demonstrates significant growth potential, driven by changing consumer preferences and increasing urbanization across the region. South Africa, Nigeria, and Egypt represent the key markets, each contributing distinctively to the regional confectionery landscape. The region shows particular strength in chocolate consumption and sugar confectionery products, with increasing demand for premium confectionery and international brands. Local manufacturers are also gaining prominence, especially in Nigeria's cocoa processing sector, while Egypt's market is characterized by strong seasonal demand patterns and festive consumption.Confectionery Market in South AfricaSouth Africa maintains its position as the dominant force in Africa's confectionery sector, holding approximately 34% market share in 2024. The country's market is characterized by a strong presence of both international and local manufacturers, with a particularly robust chocolate segment. South African consumers show an increasing preference for premium products, especially in urban areas, while the country's well-developed retail infrastructure facilitates widespread product distribution.Confectionery Market in EgyptEgypt emerges as the fastest-growing confectionery market in Africa, with an anticipated growth rate of nearly 7% between 2024 and 2029. The market benefits from a large youth population and growing middle class, driving increased consumption of various confectionery products. Egyptian consumers show particular interest in seasonal confectionery products, especially during religious festivals and celebrations, while the country's strategic location facilitates distribution across the Middle East and North Africa region.
Confectionery Market in Asia-Pacific
The Asia-Pacific confectionery market showcases dynamic growth patterns, influenced by diverse consumer preferences and varying economic conditions across different countries. The region encompasses major markets including China, Japan, India, and Australia, each with distinct consumption patterns and market characteristics. Innovation in product development, particularly in healthy and functional confectionery products, drives market expansion across the region. The market also benefits from increasing disposable incomes and the westernization of dietary habits in many countries.Confectionery Market in ChinaChina dominates the Asia-Pacific confectionery landscape, commanding approximately 40% of the regional market share in 2024. The country's vast consumer base and growing urban population drive significant demand for various confectionery products. Chinese consumers show an increasing preference for premium and international brands, while local manufacturers continue to innovate with products that cater to traditional tastes and preferences.Confectionery Market in IndiaIndia stands out as the fastest-growing market in the Asia-Pacific region, with a projected growth rate of around 20% between 2024 and 2029. The country's large young population and increasing disposable incomes drive market expansion. Indian consumers show particular interest in innovative flavors and formats, while the growing organized retail sector facilitates better product distribution and availability.
Confectionery Market in Europe
Europe maintains its position as a global leader in the confectionery market, characterized by strong traditions in chocolate production and innovation in product development. The region encompasses major markets including Germany, the United Kingdom, France, and Switzerland, each contributing unique strengths to the overall market. Consumer preferences in Europe increasingly lean toward premium, organic, and artisanal confectionery products, while sustainability and ethical sourcing remain key focus areas.Confectionery Market in GermanyGermany leads the European confectionery market, holding approximately 39% of the regional market share in 2024. The country's strong manufacturing base and innovation in product development drive market growth. German consumers show particular appreciation for high-quality chocolate products, while the country's efficient distribution networks ensure widespread product availability.Confectionery Market in TurkeyTurkey emerges as Europe's fastest-growing confectionery market, with an expected growth rate of about 6% between 2024 and 2029. The country's strategic location between Europe and Asia influences its diverse confectionery offerings. Turkish consumers show a strong preference for traditional confectionery products, while the market benefits from increasing modernization of retail channels.
Confectionery Market in Middle East
The Middle Eastern confectionery market demonstrates robust growth potential, driven by changing consumer preferences and increasing westernization of food habits. Saudi Arabia leads the regional market, while the United Arab Emirates shows the fastest growth trajectory. The region's confectionery market benefits from high disposable incomes and a strong preference for premium products, particularly in the Gulf Cooperation Council (GCC) countries. Traditional and international flavors coexist in the market, with seasonal demand peaks during religious festivals and celebrations. The market also sees increasing innovation in product development, particularly in healthy and functional confectionery products, while modern retail channels facilitate better product distribution and availability.
Confectionery Market in North America
The North American confectionery market showcases mature market characteristics with continuous innovation in product development and marketing strategies. The United States dominates the regional market, while Mexico demonstrates the fastest growth potential. The region's market is characterized by strong consumer preference for premium and innovative products, particularly in the chocolate and snack bar segments. Health-conscious consumers drive demand for sugar-free and functional confectionery products, while seasonal celebrations significantly influence consumption patterns. The well-developed retail infrastructure and e-commerce channels facilitate efficient product distribution, while manufacturers focus on product innovation to meet evolving consumer preferences.
Confectionery Market in South America
The South American confectionery market demonstrates significant growth potential, influenced by changing consumer preferences and economic conditions. Brazil leads the regional market, while Argentina shows the fastest growth trajectory. The region's confectionery market benefits from a strong tradition of chocolate consumption and increasing demand for premium products. Local manufacturers play a significant role in market development, while international brands continue to expand their presence. The market shows particular strength in seasonal confectionery products, while increasing modernization of retail channels facilitates better product distribution and availability.
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Competitive Landscape
Top Companies in Confectionery Market
The global confectionery market is characterized by continuous product innovation and strategic expansion initiatives by major players. Companies are heavily investing in research and development to launch new flavors, healthier variants, and sustainable product offerings to meet evolving consumer preferences. Operational agility is demonstrated through the establishment of new manufacturing facilities, modernization of existing plants, and optimization of supply chain networks. Strategic moves predominantly include partnerships with local distributors, acquisitions of regional brands, and collaborations with technology providers to enhance digital capabilities. Confectionery market leaders are expanding their geographical presence through both organic growth and strategic acquisitions while simultaneously focusing on strengthening their distribution networks in emerging markets. The industry also witnesses significant investments in sustainable sourcing practices and eco-friendly packaging solutions to align with global sustainability goals.
Fragmented Market with Strong Regional Players
The global confectionery industry exhibits a fragmented structure with a mix of multinational corporations and strong regional players. Major global conglomerates dominate the premium segments, while local specialists maintain a significant presence in specific regional markets through their understanding of local tastes and preferences. The market is characterized by the presence of well-established companies with diverse product portfolios alongside numerous smaller manufacturers focusing on niche segments. These regional players often compete effectively through specialized product offerings, local distribution networks, and strong brand recognition in their respective markets.
The industry has witnessed significant merger and acquisition activities as larger companies seek to expand their geographical footprint and product portfolio. Global players are actively acquiring local brands to penetrate new markets and gain access to established distribution networks. Vertical integration strategies are being adopted by major players to ensure control over raw material supply and quality standards. The market also sees strategic partnerships between manufacturers and retail chains to enhance product visibility and market reach, while cross-border collaborations are becoming increasingly common to leverage complementary strengths.
Innovation and Sustainability Drive Future Growth
Success in the confectionery market increasingly depends on companies' ability to innovate while maintaining sustainability throughout their operations. Market leaders are focusing on developing premium products with clean labels, organic ingredients, and functional benefits to capture health-conscious consumers. Companies are investing in advanced manufacturing technologies to improve production efficiency and product quality while reducing environmental impact. The development of direct-to-consumer channels and digital marketing strategies has become crucial for building brand loyalty and reaching younger consumers.
For contenders looking to gain market share, differentiation through unique product offerings and strong regional presence remains key. Companies must focus on building efficient distribution networks while maintaining flexibility to adapt to changing consumer preferences. Success factors include developing sustainable sourcing practices, implementing transparent supply chains, and creating innovative packaging solutions. Regulatory compliance, particularly regarding sugar content and labeling requirements, continues to shape product development strategies. The ability to manage raw material costs while maintaining product quality will be crucial for maintaining competitive advantage in the market.
Confectionery Industry Leaders
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Ferrero International SA
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Mars Incorporated
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Mondelēz International Inc.
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Nestlé SA
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The Hershey Company
- *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments
- August 2023: Ferrero North America, in the United States, revealed new products and seasonal offerings, including Kinder Chocolate, at the Annual Sweets & Snacks Expo in Chicago.
- July 2023: HARIBO® officially began gummi production at its first-ever North American manufacturing facility, located in Pleasant Prairie, Wis. The brand-new, state-of-the-art factory was created to meet the growing demand by US consumers of the beloved gummi brand, which produces over 25 varieties of gummi treats in the US and more than 1,200 types globally.
- 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.
Global Confectionery Market Report Scope
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. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.
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 |
Region
| Africa | By Country | Egypt |
| Nigeria | ||
| South Africa | ||
| Rest of Africa | ||
| Asia-Pacific | By Country | Australia |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| New Zealand | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Europe | By Country | Belgium |
| France | ||
| Germany | ||
| Italy | ||
| Netherlands | ||
| Russia | ||
| Spain | ||
| Switzerland | ||
| Turkey | ||
| United Kingdom | ||
| Rest of Europe | ||
| Middle East | By Country | Bahrain |
| Kuwait | ||
| Oman | ||
| Qatar | ||
| Saudi Arabia | ||
| United Arab Emirates | ||
| Rest of Middle East | ||
| North America | By Country | Canada |
| Mexico | ||
| United States | ||
| Rest of North America | ||
| South America | By Country | Argentina |
| Brazil | ||
| Rest of South America |
| 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 | |||||
| Region | Africa | By Country | Egypt | ||
| Nigeria | |||||
| South Africa | |||||
| Rest of Africa | |||||
| Asia-Pacific | By Country | Australia | |||
| China | |||||
| India | |||||
| Indonesia | |||||
| Japan | |||||
| Malaysia | |||||
| New Zealand | |||||
| South Korea | |||||
| Rest of Asia-Pacific | |||||
| Europe | By Country | Belgium | |||
| France | |||||
| Germany | |||||
| Italy | |||||
| Netherlands | |||||
| Russia | |||||
| Spain | |||||
| Switzerland | |||||
| Turkey | |||||
| United Kingdom | |||||
| Rest of Europe | |||||
| Middle East | By Country | Bahrain | |||
| Kuwait | |||||
| Oman | |||||
| Qatar | |||||
| Saudi Arabia | |||||
| United Arab Emirates | |||||
| Rest of Middle East | |||||
| North America | By Country | Canada | |||
| Mexico | |||||
| United States | |||||
| Rest of North America | |||||
| South America | By Country | Argentina | |||
| Brazil | |||||
| Rest of South America | |||||
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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. |
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Research Methodology
Mordor Intelligence 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.
- 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.
- 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.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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