Global Hard Boiled Sweets Market Outlook, 2029

The global market for boiled sweets, also known as hard-boiled confectionery, is experiencing steady growth, driven by several factors. The industry is expanding due in part to trends in giving and increased consumption of on-the-go snacks. One of the main motivators is the introduction of novel tastes and healthier components. Notably, the exploration reveals a substantial improvement in crop yield and external quality, reinforcing the efficacy of plant sanitation methods, specifically apical meristem culture, in preserving the overall productivity of sweet potato crops. The investigation identifies a noteworthy decrease in starch content, suggesting a dynamic interaction between plant sanitation and starch metabolism in response to viral diseases. The expansion of retail channels, such as e-commerce platforms, hypermarkets, supermarkets, and specialized shops, is increasing the accessibility and availability of products. Geographically, the market is diversified, showing notable growth in South America, Asia-Pacific, Europe, North America, and the Middle East and Africa. This market includes a wide range of goods, including jawbreakers, lollipops, rock candy, candy canes, and suckers. The market is increasing steadily due to new developments, increased demand, and wider distribution networks. According to the research report "Global Hard Boiled Sweets Market Outlook, 2029," published by Bonafide Research, the Global Hard Boiled Sweets market was valued at more than USD 6.5 Billion in 2023. Health-conscious consumers are being catered to with the creation of better substitutes, such as sugar-free and vitamin-enriched boiled sweets. Functional sweets—those with extra vitamins, minerals, or other supplements—are becoming more and more popular. This need is well-met by boiled sweets because of their extended shelf life and ease of carrying. The proliferation of specialized shops, convenience stores, supermarkets, and hypermarkets has raised the accessibility and awareness of boiling sweets. Major candy businesses use aggressive marketing and promotional strategies to draw consumers and increase awareness. Product convenience and attraction are increased by appealing and useful packaging, which affects customer purchasing decisions. Functional confectionary, such as boiling candies enhanced with vitamins, minerals, and other health supplements, is becoming more and more popular. This draws in health-conscious customers while also setting items apart in a crowded market. Their portability makes them a well-liked option for eating while on the go, particularly for working professionals and students. The manner that people buy confectionary items has been transformed by the rise of e-commerce.

Many different kinds of product varieties are available in the global market for boiled sweets, such as jawbreakers, drops, disks, rock candy, jawbreakers, and suckers and lollipops. Of these, some dominate the market because of certain qualities and customer inclinations. As one of the most popular varieties in the boiling sweet industry, lollipops and suckers are loved by customers of all ages. Another popular kind in the boiling candy market is jawbreakers, which are prized for offering a distinctive and difficult eating experience. Candy canes are a popular seasonal product since they are typically connected to Christmas. Rock candy is distinguished by its distinct crystalline structure and eye-catching appearance. Boiling sweets, such drops and disks, are timeless favorites because of their taste and versatility. Age is a key factor in market dynamics since different age groups have different tastes and spending patterns. A sizeable portion of the market for boiling sweets is made up of children. Their choices and actions significantly affect the market. Convenience and nostalgia also make adults a significant portion of the market for boiled sweets. Within the boiling sweet market, the senior generation represents a smaller but substantial share. When it comes to holidays, birthdays, and other festivities, children are frequently the ones that receive the most candy. Sugar-free and low-sugar boiled candies are becoming more and more popular, appealing to individuals who are health-conscious. Because of health issues like diabetes, the elderly population frequently looks for low- or sugar-containing foods. The distribution channels control how well things reach customers, sway their decisions to buy, and increase total revenue. Because of their broad customer base and capacity to draw big crowds, supermarkets and hypermarkets are important distribution outlets. Specialty retailers, such as candy stores and gourmet food stores, are important players in the industry, especially for high-end and specialty goods. Convenience shops are essential for giving customers who are constantly on the go quick and simple access to boiling sweets. The market for boiled sweets has seen a substantial transformation because to the rise of e-commerce, which offers a practical and effective buying experience. Vending machines and corporate shops are examples of direct sales channels that impact the market, especially when it comes to impulsive and brand-specific purchases. Companies Mentioned: Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., Lotte Confectionery Co Ltd, Mondelez International, Lindt & Sprungli AG

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Manmayi Raval

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Considered in this report • Geography: Global • Historical Year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029 Aspects Covered in the report: • Global Market Size By Value for the time period (2018-2029F) • Country Wise Market Size By Value for the time period (2018-2029F) • Market Share by Product Type (Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value • Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value • Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, E-commerce & Others) By Value By Type • Suckers & Lollipops • Jawbreakers • Candy Canes • Drops & Disks • Others

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By Age • Children • Adult • Geriatric By Distribution Channel • Supermarkets & Hypermarkets • Convenience Stores • Specialty Stores • E-Commerce • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to sugar confectionery industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.