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United Kingdom Confectionery Market Report by Product Type (Hard-boiled Sweets, Mints, Gums and Jellies, Chocolate, Caramels and Toffees, Medicated Confectionery, Fine Bakery Wares, and Others), Age Group (Children, Adult, Geriatric), Price Point (Economy, Mid-range, Luxury), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Pharmaceutical and Drug Stores, Online Stores, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A22106
Year End
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Market Overview:
United Kingdom confectionery market size reached US$ 14.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 23.91 Billion by 2032, exhibiting a growth rate (CAGR) of 5.50% during 2024-2032.The increasing advances in food technology and ingredient innovation, which allow confectionery manufacturers to create novel products with improved taste, texture, and nutritional profiles, are primarily driving the regional market.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
|
2023 |
|
Forecast Years
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2024-2032 |
|
Historical Years
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2018-2023
|
| Market Size in 2023 | US$ 14.7 Billion |
| Market Forecast in 2032 | US$ 23.91 Billion |
| Market Growth Rate (2024-2032) | 5.50% |
Confectionery refers to a diverse range of sweet food items that are typically rich in sugar and enjoyed as treats or desserts. This category encompasses a wide array of delightful creations, including candies, chocolates, pastries, and other sweet confections. Confectionery is not only about satisfying sweet cravings but also about the artistry involved in crafting visually appealing and flavorful treats. Skilled confectioners utilize various ingredients such as sugar, chocolate, fruits, nuts, and dairy to create a symphony of tastes and textures. The industry has evolved over centuries, blending tradition with innovation to offer an extensive assortment of tempting sweets. Whether it's the joy of unwrapping a piece of chocolate, savoring a perfectly baked pastry, or enjoying a nostalgic childhood candy, confectionery plays a significant role in elevating culinary experiences and indulging the senses.
United Kingdom Confectionery Market Trends:
The confectionery market in the United Kingdom is experiencing robust growth driven by several key factors. Firstly, shifting consumer preferences towards indulgent and convenient snacks has propelled the demand for confectionery products. Moreover, the increasing regional population and rising disposable incomes have expanded the consumer base, fostering market expansion. Furthermore, the relentless innovation in product formulations, flavors, and packaging techniques by confectionery manufacturers serves as a pivotal driver, enticing consumers and sustaining their interest. In addition to this, the growing trend towards gifting confectionery items on various occasions has further boosted market growth. Additionally, the influence of social media and digital platforms has played a crucial role in promoting confectionery products, creating a heightened awareness and driving consumer engagement. The confluence of health-conscious consumer choices and the confectionery industry's response to healthier alternatives and ingredient transparency has also contributed to market dynamics. Furthermore, strategic partnerships and collaborations within the confectionery industry, as well as with retailers, have enhanced distribution channels, ensuring wider market reach. The confectionery market in the United Kingdom is thus propelled by a combination of consumer preferences, economic factors, technological advancements, and industry initiatives, creating a dynamic landscape for sustained growth and innovation.
United Kingdom Confectionery Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, age group, price point, and distribution channel.
Product Type Insights:
- Hard-boiled Sweets
- Mints
- Gums and Jellies
- Chocolate
- Caramels and Toffees
- Medicated Confectionery
- Fine Bakery Wares
- Others
The report has provided a detailed breakup and analysis of the market based on the product type. This includes hard-boiled sweets, mints, gums and jellies, chocolate, caramels and toffees, medicated confectionery, fine bakery wares, and others.
Age Group Insights:
- Children
- Adult
- Geriatric
A detailed breakup and analysis of the market based on the age group have also been provided in the report. This includes children, adult, and geriatric.
Price Point Insights:
- Economy
- Mid-range
- Luxury
The report has provided a detailed breakup and analysis of the market based on the price point. This includes economy, mid-range, and luxury.
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Pharmaceutical and Drug Stores
- Online Stores
- Others
A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, convenience stores, pharmaceutical and drug stores, online stores, and others.
Regional Insights:
- London
- South East
- North West
- East of England
- South West
- Scotland
- West Midlands
- Yorkshire and The Humber
- East Midlands
- Others
The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and Others.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United Kingdom Confectionery Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
| Product Types Covered | Hard-boiled Sweets, Mints, Gums and Jellies, Chocolate, Caramels and Toffees, Medicated Confectionery, Fine Bakery Wares, Others |
| Age Groups Covered | Children, Adult, Geriatric |
| Price Points Covered | Economy, Mid-range, Luxury |
| Distribution Channels Covered | Supermarkets and Hypermarkets, Convenience Stores, Pharmaceutical and Drug Stores, Online Stores, Others |
| Regions Covered | London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, Others |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United Kingdom confectionery market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United Kingdom confectionery market?
- What is the breakup of the United Kingdom confectionery market on the basis of product type?
- What is the breakup of the United Kingdom confectionery market on the basis of age group?
- What is the breakup of the United Kingdom confectionery market on the basis of price point?
- What is the breakup of the United Kingdom confectionery market on the basis of distribution channel?
- What are the various stages in the value chain of the United Kingdom confectionery market?
- What are the key driving factors and challenges in the United Kingdom confectionery?
- What is the structure of the United Kingdom confectionery market and who are the key players?
- What is the degree of competition in the United Kingdom confectionery market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United Kingdom confectionery market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United Kingdom confectionery market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United Kingdom confectionery industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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