Millennials and Gen Z Shape the Future of Candy Consumption
Global Candy Market Set to Surpass USD 80 Billion by 2031 on Health, Innovation, and Asia-Pacific Growth The Candy Market is on a growth trajectory, projected to expand from USD 62.3 billion in 2022 to USD 80.1 billion by 2031. This robust growth, at a compound annual growth rate (CAGR) of 3.2%, is underpinned by rising consumer demand for healthier indulgences, expansion of digital sales channels, flavor experimentation, and a growing appetite for confectionery in emerging economies especially across Asia-Pacific. To Get Free Sample Report : https://www.datamintelligence.com/download-sample/candy-market Market Drivers 1. Rising Disposable Incomes and Urbanization Economic growth in countries across Asia-Pacific and Latin America has expanded middle-class spending. With more income, consumers are indulging in snacks and treats regularly not just during holidays. 2. Healthier Candy Innovations Consumers are increasingly seeking sugar-free, organic...