Phoenix Research Publishes 2026 “Global Candy Market Outlook – Press Release”

Global Candy Market to Reach ~USD 312.4 Billion by 2033, Driven by Premiumization, Flavor Innovation & Sugar-Reduction Strategies
February 2026 | Phoenix Research

The Global Candy Market is projected to expand from USD 238.6 billion in 2025 to approximately USD 312.4 billion by 2033, registering a CAGR of ~3.4% during the forecast period (2026–2033), according to the latest analysis by Phoenix Research.

The candy industry remains one of the most resilient and high-frequency segments within the global confectionery ecosystem. Spanning chocolate confectionery, sugar confectionery, gummies, chewing gum, and mints, the market continues to benefit from strong seasonal demand, gifting culture, impulse purchases, and expanding retail accessibility.

Post-2025 growth is increasingly shaped by premium chocolate expansion, exotic flavor innovation, sugar-reduction reformulation, clean-label positioning, and AI-driven retail optimization strategies.

North America currently leads the market in revenue contribution, supported by high per-capita consumption, strong seasonal sales cycles, and a mature retail ecosystem. Meanwhile, Asia-Pacific is expected to register the fastest growth, driven by rising disposable incomes, rapid urbanization, western snacking adoption, and accelerated e-commerce penetration.

Rachna Patni, Analyst – Food & Beverages at Phoenix Research, stated:

“The global candy industry is transitioning toward a value-driven growth model where premium positioning, ethical sourcing, and healthier reformulations are reshaping competitive dynamics. AI-enabled demand forecasting, sustainable cocoa sourcing, and omnichannel retail integration will be decisive growth levers in the post-2025 confectionery landscape.”

Key Market Highlights

• North America remains the largest regional market, supported by strong seasonal consumption patterns.

• Asia-Pacific is the fastest-growing region, fueled by expanding middle-class populations and retail modernization.

• Chocolate Candy represents the leading product segment, driven by premium and gifting demand.

• Premiumization and limited-edition flavor launches are enhancing value realization.

• Sugar-free, low-calorie, organic, and plant-based variants are gaining traction among health-conscious consumers.

• AI-driven retail analytics and inventory optimization are improving margin efficiency across distribution channels.

• Sustainable cocoa sourcing and recyclable packaging adoption are strengthening brand positioning.

Phoenix Research’s latest report delivers comprehensive Global Candy Market revenue forecasts, detailed segmentation analysis, competitive benchmarking, regional intelligence, and AI-backed strategic insights across key international markets.

📈 For a detailed look at the full report, visit:
👉 https://www.pheonixresearch.com/food-beverages/confectionery/market-report/global-candy-market/

About Phoenix Research

Phoenix Research is a global market intelligence and strategic advisory firm delivering data-driven insights across the Food & Beverages industry and other high-growth sectors. Through advanced forecasting models, AI-powered analytics, and structured competitive intelligence frameworks, the firm enables stakeholders to identify emerging opportunities and achieve sustainable competitive advantage.

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