The European confectionery market is anticipated to grow at a CAGR of 3.8% during the forecast period. The growth of the market is mainly driven by high chocolate sales across the region. In addition to this, Europe is home to several leading confectionery companies such as Mars, Inc., Nestle S.A., Chocoladefabriken Lindt & Sprungli AG, among others. Moreover, the increasing health consciousness among the people is driving the adoption of organic and low sugar content products which in turn will influence the market growth during the forecast period.
The European confectionery market is segmented based on type, and distribution channels. Based on the type, the market is sub-segmented into sugar confectionery, chocolate confectionery, and baker confectionery. Based on the distribution channel, the market is sub-segmented into supermarkets/ hypermarkets, convenience stores, and online channels. Based on geography, the market is further segmented into UK, Germany, France, Italy, Spain, and the Rest of Europe.
Furthermore, baker confectionery is also gaining significant market across the region owing to the increased popularity and high consumption of the sweet baked treats. Additionally, the baked treat is also consumed as desserts across the region. The easy availability of confections across all the small and big shops even in public places such as malls, airports, stations, subways, and many more are also fuelling the growth of Europe’s confectionery market.
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European Confectionery Market Report Segment
By Type
- Sugar Confectionery
- Chocolate Confectionery
- Bakers Confectionery
By Distribution Channel
- Supermarkets/ Hypermarkets
- Convenience Stores
- Online Channel
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European Confectionery Market Report Segment by Geography
- UK
- Germany
- Italy
- Spain
- Rest of Europe
Company Profiles
- Arcor S.A.IC
- Barry Callebaut AG
- Chocoladefabriken Lindt & Sprüngli AG
- Ferrero SpA
- Grupo Bimbo, S.A.B. de C.V.
- Haribo Gmbh & Co. KG
- Mondelez International Inc.
- Nestle S.A.
- Perfetti Van Melle Group B.V.
- The Hershey Co.
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