Asia-Pacific Confectionery Market to Signify Strong Growth by 2023-2029

The Asia-Pacific confectionery market is anticipated to grow at a CAGR 5.0% during the forecast period. The growth of the market is attributed to the changing consumer preferences coupled with the increasing disposable income. Additionally, the diversity in the availability of confectionary products as per the local taste and flavours also catalyzes the growth of the Asia-Pacific confectionery industry.

Additionally, health consciousness such as increasing obesity across the region is driving the consumer towards healthy confectionery products. Hence, the manufacturers are increasing their innovation in healthy confectionary offerings. For instance, in January 2018, Meiji Holding Co., Ltd. with an investment of approximately $245 million announced the expansion of production of health-focused chocolate in Japan to cater to the growing consumer demand of cocoa health benefits.

Asia-Pacific 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 bakers confectionery. Based on the distribution channel, the market is sub-segmented into supermarkets/ hypermarkets, convenience stores, and online channels. Convenience stores are expected to maintain a significant market share in the region.

To Request a Sample of our Report on Asia-Pacific Confectionery Market:  https://www.omrglobal.com/request-sample/asia-pacific-confectionery-market

Asia-Pacific Confectionary Market Segmentation

By Type

  • Sugar Confectionary
  • Chocolate Confectionary
  • Bakers Confectionary

By Distribution Channel

  • Supermarkets/ Hypermarkets
  • Convenience Stores
  • Online Channel

A full Report of Asia-Pacific Confectionery Market is Available @  https://www.omrglobal.com/industry-reports/asia-pacific-confectionery-market

Regional Analysis

  • Asia-Pacific
  • China
  • India
  • Japan
  • ASEAN

Rest of Asia-Pacific 

Company Profiles

  • Amul (Gujarat Co-operative Milk Marketing Federation Ltd.)
  • Chocoladefabriken Lindt & Sprungli AG
  • Ezaki Glico Co., Ltd.
  • Ferrero SpA
  • Guangdong Strong Group Co., Ltd.
  • Lotte Confectionary Co. Ltd.
  • Lotus Chocolate Co. Ltd.
  • Mars, Inc.
  • Meiji Holding Co., Ltd.
  • Monginis Foods Private Ltd.
  • Nestlé S.A.
  • Parle Products Pvt. Ltd.
  • Perfetti Van Melle Group B.V.
  • The Hershey Co.
  • Yamazaki Baking Co., Ltd.

Reasons to buy from us –

  1. We cover more than 15 major industries, further segmented into more than 90 sectors.
  2. More than 120 countries are for analysis.
  3. Over 100+ paid data sources mined for investigation.
  4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-confectionery-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404