The Asia Pacific confectionery market is expected to experience robust growth, with a projected increase of USD 25.9 billion and a compound annual growth rate (CAGR) of approximately 5.3% throughout the forecast period. Asia Pacific’s confectionery market is expanding rapidly due to a burgeoning middle class, rising disposable incomes, and increasing consumer demand for indulgent products. The market is also witnessing a shift towards innovative flavors and formats, particularly in countries like China and India. The rise of e-commerce platforms is enhancing product availability.
The report provides a comprehensive analysis of the Asia Pacific confectionery industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type, distribution channel and country. The insights gained from this evaluation help reveal the growth potential within the confectionery sector.
Market Segmentation
The segmentation of the Asia Pacific confectionery market is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, others
Country: Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, others
In Asia Pacific, the confectionery market is segmented by product type, packaging type, distribution channel and country. The market is classified by product type into chocolate, gums, and sugar confectionery. Packaging type segments encompass flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments cover convenience stores, forecourts, supermarkets and hypermarkets, warehouse clubs, specialized stores, small grocery stores, foodservice channels, e-commerce, and others. Geographically, the market is segmented into Australia, China, India, Indonesia, Japan, Philippines, South Korea, Thailand, Vietnam, and others.
Competitive Landscape
The Asia Pacific confectionery market exhibits significant competition. Leading companies within the market include Want Want Holdings Limited, The Hershey Company, PT. Mayora Indah Tbk, Pladis Foods Limited, Perfetti Van Melle Group, Parle Products Pvt. Ltd., Orion Group, Nestle S.A., Morinaga & Company Ltd., Mondelez International Inc., Mikakuto Co. Ltd., Meiji Holdings Co. Ltd., Mars Incorporated, Lotte Corporation, KDV Group OOO, Kanro Inc., JG Summit Holdings Inc., ITC Limited, Guangdong Strong Group Company Ltd., Fujiya Co. Ltd., Ferrero International S.A., Delfi Limited, Crown Confectionery Co. Ltd. and Asahi Group Holdings Ltd.
This report presents an extensive analysis of major entities in the confectionery market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Asia Pacific confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Asia Pacific confectionery market: product type, packaging type, distribution channel and country.
Gain deep insights into the dynamics of the Asia Pacific confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Asia Pacific confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Asia Pacific Confectionery Market – Product Type Analysis
Asia Pacific Confectionery Market – Packaging Type Analysis
Asia Pacific Confectionery Market – Distribution Channel Analysis
Asia Pacific Confectionery Market – Country Analysis
Key Players and Market Share
– Want Want Holdings Limited
– The Hershey Company
– PT. Mayora Indah, Tbk
– Pladis Foods Limited
– Perfetti Van Melle Group
– Parle Products Pvt. Ltd.
– Orion Group
– Nestle S.A.
– Morinaga & Company, Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Asia Pacific Confectionery Market 2019-2029
Chart Asia Pacific Confectionery Market, Net Growth, 2019-2029
Chart Asia Pacific Confectionery Market, Growth Rates, 2019-2029
Table Asia Pacific Confectionery Market by Product Type, 2019-2029
Chart Asia Pacific Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Confectionery Market by Product Type, 2019-2029
Table Asia Pacific Confectionery Market by Packaging Type, 2019-2029
Chart Asia Pacific Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Confectionery Market by Packaging Type, 2019-2029
Table Asia Pacific Confectionery Market by Distribution Channel, 2019-2029
Chart Asia Pacific Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Confectionery Market by Distribution Channel, 2019-2029
Table Asia Pacific Confectionery Market by Country, 2019-2029
Chart Asia Pacific Confectionery Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Asia Pacific Confectionery Market by Country, 2019-2029
Table Asia Pacific Confectionery Market Share (%), by Companies, 2019-2023
Chart Asia Pacific Confectionery Market, by Companies, 2023
Table Asia Pacific Confectionery Market Share (%), by Brands, 2019-2023
Chart Asia Pacific Confectionery Market, by Brands, 2023
Table Asia Pacific – Population (Millions) and Forecast
Table Asia Pacific – Consumer Price Index (CPI) and Forecast
Table Asia Pacific – Gross Domestic Product and Forecast
Table Asia Pacific Confectionery Market: Spend as a Proportion of GDP (%)
Table Asia Pacific Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
Want Want Holdings Limited
The Hershey Company
PT. Mayora Indah, Tbk
Pladis Foods Limited
Perfetti Van Melle Group
Parle Products Pvt. Ltd.
Orion Group
Nestle S.A.
Morinaga & Company, Ltd.
Mondelez International Inc.
Mikakuto Co., Ltd.
Meiji Holdings Co., Ltd.
Mars, Incorporated
Lotte Corporation
KDV Group OOO
Kanro, Inc.
JG Summit Holdings, Inc.
ITC Limited
Guangdong Strong Group Company Ltd.
Fujiya Co., Ltd.
Ferrero International S.A.
Delfi Limited
Crown Confectionery Co., Ltd.
Asahi Group Holdings, Ltd.