World Sugar Confectionery Market Grow at 3.92% CAGR by 2021 Driven by Wide Reach through Organized Retailing

PUNE, India, June 12, 2017 /PRNewswire-iReach/ -- One trend in the sugar confectionery market is increasing availability of products through online channels. With the growth of e-commerce businesses worldwide, vendors now have the potential to enhance their profitability; e-commerce accounts for nearly 12% of the world's retail trade. Online channels support both business-to-business (B2B) and business-to-consumer (B2C) operations.

Complete report on sugar confectionery market spread across 99 pages, analyzing 5 major companies and providing 61 data exhibits is now available at http://www.reportsnreports.com/reports/1041366-global-sugar-confectionery-market-2017-2021.html

According to the confectionery market 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.

The following companies as the key players in the global sugar confectionery market: Mondelēz 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. Order a copy of Global Sugar Confectionery Market 2017-2021 report @http://www.reportsnreports.com/purchase.aspx?name=1041366.

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. 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.

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.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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?

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SOURCE MarketsandMarkets