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Australia Confectionery - Market Summary, Competitive Analysis and Forecast, 2016-2025

Australia Confectionery - Market Summary, Competitive Analysis and Forecast, 2016-2025

Summary

Confectionery in Australia industry profile provides top-line qualitative and quantitative summary information including: market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- The confectionery market consists of the retail sale of chocolate, gum and sugar confectionery products. The chocolate segment consists of all chocolate based products, including boxed chocolates, chocolate countlines, chocolate straightlines, molded bars and novelties. The gum segment consists of all bubble and chewing gum. Moreover, the sugar confectionery products consists of hard boiled sweets, mints, caramels and toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. The market is valued according to retail selling price (RSP) and includes any applicable taxes. Any currency conversions used in the creation of this report have been calculated using constant 2020 annual average exchange rates.
- The Australian confectionery market had total revenues of $3,365.1m in 2020, representing a compound annual growth rate (CAGR) of 1.4% between 2016 and 2020.
- Market consumption volume increased with a CAGR of 0.2% between 2016-2020, to reach a total of 237.4 million kg in 2020.
- Increasing purchasing power created demand for premium confectionery products, which is estimated to drive the market growth.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the confectionery market in Australia
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the confectionery market in Australia
- Leading company profiles reveal details of key confectionery market players' global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Australia confectionery market with five year forecasts

Reasons to Buy

- What was the size of the Australia confectionery market by value in 2020?
- What will be the size of the Australia confectionery market in 2025?
- What factors are affecting the strength of competition in the Australia confectionery market?
- How has the market performed over the last five years?
- What are the main segments that make up Australia's confectionery market?
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Australia Confectionery - Market Summary, Competitive Analysis and Forecast, 2016-2025
Published By :MarketLine
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