The functional confectionery market which was growing at a value of USD 1.8 billion in 2021 is expected to reach the value of USD 2.98 billion by 2029, at a CAGR of 9.10% during the forecast period OF 2022-2029.

Market Analysis and Size

The functional confectionery market is an example of a non-age-restricted segment. For the vast majority of the world's population, age has never impeded indulging in functional to satisfy their taste buds. For over a decade, the market has been growing steadily, and innovations in flavours and textures contribute to the market's expansion. Furthermore, the growing number of consumers drawn to the outlandish trends of organic functional and no added sugar functional is fuelling such experiments, thereby contributing to the functional confectionery market.

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Data Bridge Market Research analyses that the functional confectionery market which was growing at a value of USD 1.8 billion in 2021 is expected to reach the value of USD 2.98 billion by 2029, at a CAGR of 9.10% during the forecast period OF 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Global Functional Confectionery Market Scope                                                                  

The functional confectionery market is segmented on the basis of nature, type, function, ingredients, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Nature

• Organic
• Conventional

Type

• Sugar Confectionery
• Chewing gums
• Hard candy
• Boiled candy
• Others
• Bakery Confectionery
• Pastries
• Doughnuts
• Cookies
• Others
• Chocolate Confectionery
• Dairy bars
• Fudge
• Granola
• Dark chocolates
• Others

Function

• Cognitive Wellness
• Performance Enhancers
• Wellness Enhancers
• Oral Care
• Others

Ingredients

• Protein
• Omega 3 and Omega 6
• Vitamins and Minerals
• Probiotics
• Others

Application

• Children
• Middle Age
• Senior
• Youth

Distribution channel

• Direct sales
• Gyms
• Health clubs
• Institutions
• Others
• Indirect sales
• Modern grocery retailers
• Hypermarkets/supermarkets
• Convenience stores
• Discount stores
• Traditional grocery retailers
• Food and drink specialty stores
• Independent small groceries
• Others
• Online retail

Functional Confectionery Market Regional Analysis/Insights

The functional confectionery market is analysed and market size insights and trends are provided by country, nature, type, function, ingredients, application and distribution channel as referenced above.

The countries covered in the functional confectionery market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Competitive Landscape and Functional Confectionery Market Share Analysis

The functional confectionery market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to functional confectionery market.

Some of the major players operating in the functional confectionery market are:

• Barry Callebaut (Switzerland)
• Olam International (Singapore)
• The Hershey Company (U.S.)
• Nestle SA (U.S.)
• Ingredion Incorporated (U.S.)
• Mars, Incorporated (U.S.)
• Koninklijke DSM N.V. (Netherlands)
• Kerry Group plc (Ireland)
• Tate & Lyle PLC (U.K.)
• Cargill, Incorporated (U.S.)
• Blommer Chocolate Company (U.S.)
• Foley's Candies LP (Canada)
• Puratos Group Nv (Belgium)
• Ferrero International S.A. (Italy)

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Functional Confectionery Market

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https://www.databridgemarketresearch.com/toc/?dbmr=global-functional-confectionery-market

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