Confectionery

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    Confectionery

    Thailand Confectionery Market 2024

    Expected to see substantial growth, the Thailand confectionery market is anticipated to move from USD 1,234.2 million in 2023 to USD 1,721.2 million by 2029, corresponding to a CAGR of 5.7%. Thailand’s confectionery market is driven by a growing middle class and rising disposable incomes, leading to increased demand for indulgent products. The expansion of mod…

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    Taiwan Confectionery Market 2024

    The Taiwan confectionery market is on track for slight growth, expected to expand from USD 1,300.9 million in 2023 to USD 1,553.3 million by 2029, with a CAGR of 3% during the evaluated period. Taiwan’s confectionery market is shaped by rising demand for premium and artisanal products, as well as increasing health consciousness among consum…

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    Sri Lanka Confectionery Market 2024

    With accelerating growth dynamics, the Sri Lanka confectionery sector is anticipated to expand by USD 118.0 million, exhibiting a robust CAGR of 10.5% during the period from 2024 to 2029. Sri Lanka’s confectionery market is expanding, supported by rising disposable incomes and increasing consumer preference for packaged and branded products. The growth of modern retail…

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    South Korea Confectionery Market 2024

    The South Korea confectionery market is likely to exhibit mild growth, with a projected increase from USD 2,085.8 million in 2023 to USD 2,433.1 million by 2029, corresponding to a CAGR of 2.6% during the 2024 to 2029 timeframe. South Korea’s confectionery market is driven by rising consumer demand for premium and innovative products, as wel…

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    Singapore Confectionery Market 2024

    The Singapore confectionery market is poised for gradual growth, with an expected incremental increase of USD 75.2 million, reflecting a compound annual growth rate (CAGR) of nearly 2.7% from 2024 to 2029. Singapore’s confectionery market is characterized by strong demand for premium and artisanal products, reflecting the country’s high levels of disposable income. Health-conscious consum…

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    Philippines Confectionery Market 2024

    The Philippines confectionery market is projected to expand from USD 1,314.4 million in 2023 to USD 2,204.4 million by 2029, achieving a compound annual growth rate (CAGR) of 9% during the period from 2024 to 2029. In the Philippines, the confectionery market is fueled by rising disposable incomes and the growing popularity of indulgent snacks…

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    Pakistan Confectionery Market 2024

    The Pakistan confectionery market is set for explosive growth, projected to climb from USD 869.9 million in 2023 to USD 2,152.5 million by 2029, achieving a remarkable CAGR of 16.3% over the 2024-2029 period. Pakistan’s confectionery market is driven by its large young population and rising disposable incomes. The market is seeing increasing demand for bo…

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    Myanmar Confectionery Market 2024

    The market for confectionery is set for moderate growth, with projections indicating an increase of USD 221.1 million and a compound annual growth rate (CAGR) nearing 7.6% over the forecast period. The confectionery market in Myanmar is expanding due to rising disposable incomes and a growing urban population that is increasingly adopting Western-style treats. The ex…

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    Malaysia Confectionery Market 2024

    The Malaysia confectionery market is on track for slight growth, expected to expand from USD 803.2 million in 2023 to USD 1,040.0 million by 2029, with a CAGR of 4.4% during the evaluated period. Malaysia’s confectionery market is growing, supported by increasing demand for indulgent and innovative products, particularly among younger consumers. Rising disposable income…

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    Laos Confectionery Market 2024

    Forecasts highlight a favorable growth outlook for the Laos confectionery market, with a projected increase of USD 38.9 million and a compound annual growth rate (CAGR) close to 6.9% through 2029. In Laos, the confectionery market is being driven by increasing disposable incomes and a growing preference for packaged and branded products, particularly among urban…

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    Kazakhstan Confectionery Market 2024

    The Kazakhstan confectionery market is on track for a substantial increase of USD 1.8 billion, indicating a compound annual growth rate (CAGR) of roughly 9% during the forecast period from 2024 to 2029. Kazakhstan’s confectionery market is expanding due to rising disposable incomes and increasing consumer preference for Western-style confectionery. Urbanization and the growth of mod…

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    Japan Confectionery Market 2024

    Projected incremental growth in the Japan confectionery market is set at USD 1.9 billion, reflecting a compound annual growth rate (CAGR) of nearly 2.6% over the forecast period from 2024 to 2029. Japan’s confectionery market is shaped by strong demand for premium and high-quality products, driven by the country’s affluent consumer base. Increasing health consci…

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