Confectionery Market Is Likely To Up Demand At A USD 401.54 Billion By 2028
San Francisco, 10 July 2023: The Report Confectionery Market Size, Share & Trends Analysis Report By Product (Chocolate, Sugar Confectionery, Cookies, Ice Cream), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2028 The global confectionery market size is expected to reach USD 401.54 billion by 2028, registering a CAGR of 4.3% from 2022 to 2028, according to a new report by Grand View Research, Inc. The growing confectionery industry and the rising per capita consumption of these products are expected to promote market growth. Moreover, the increasing popularity and demand for sugar-free confectionery products across the developed economies have led to significant factors for market growth over the forecast period. Moreover, a lockdown situation has been observed during the COVID 19 pandemic, and it showed an impact on the market due to the suspended or delayed supply of raw material products. However, it significantly impacts the supply cha