Confectionery Market size is expected to reach USD 401.54 billion by 2028
Confectionery Industry Overview The global confectionery market size was valued at USD 298.23 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2028. The growing food and beverage industry across the globe and the rising per capita consumption of these products are expected to promote market growth. Moreover, consumers’ inclination toward gifting these products coupled with rising disposable income and rapid urbanization across the globe are the major driving factors of the market. In addition, the continuous development and attractive packaging increase the demand for confectionery products in emerging economies. Gather more insights about the market drivers, restrains and growth of the Global Confectionery Market Continuous changing consumer behavior and dietary habit are propelling the growth of the market. The growing trends toward consumers buying confectionery products made with natural ingred...