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The Global Confectionery Market - Trends and Innovations
Description: Although certain sectors of the confectionery industry have reached maturity in many parts of the world, the global market continues to grow. Much of this recent growth has come from developing regions and countries, aided by the spread of multinational suppliers and their brands, as well as a growing base of increasingly affluent consumers in places such as Russia, China and India. In the developed world, much of the market’s recent growth can be attributed to niche sectors, such as low-fat, low-sugar, organic and Fairtrade products. New product innovation remains critical to future success within the industry, with many of the world’s leading suppliers investing heavily in this area. Key features: - Analysis of current and future trends in the global confectionery market - Historic and future market size data for all of the world’s regions - Analysis of key players, with worldwide market share data - Discussion of key product innovations - Forecasts up to 2010 Helping you to: - Track developments in one of the world’s fastest moving sectors of the food market - Gain an understanding of recent market trends and product innovations - Assess the competitive situation in each region of the world - Identify future areas of opportunity Fact and Figures “In 2005, the global confectionery market was worth an estimated USD119.69bn, having risen by almost 19% in value terms compared with levels in 2001. During this time, the market increased by almost 13% in volume terms, reaching nearly 15.7 million tonnes.” “In value terms, chocolate confectionery is the largest sector, accounting for almost 60% of total sales. By volume, however, sugar confectionery accounts for the majority of sales, with a share of just over half (51%).” “The confectionery market in regions such as western Europe and North America remains fairly