Global Seasonal Candy Market By Overview
Seasonal Candy Market was valued at US$ 74.9 Billion in 2024 and is projected to grow at a CAGR of 3.80% to reach US$ 105.5 Billion by 2034.
Seasonal candy market is a segment of the confectionery industry that experiences fluctuations in demand based on various holidays and seasons throughout the year. This market is characterized by the production and sale of candies specifically designed and marketed for occasions such as Halloween, Christmas, Easter, Valentine's Day, and other festive events.
Dividing this target market into segments:
Seasonal Candy Market is segmented based on Product Type, Application and Region.
Product Type Insight
On the basis of Product Type, the target market is segmented into Sweet Candy and Other Taste.
Application Insight
On the basis of Application, the target market is segmented into Online and Retail.
Global Seasonal Candy Market By Drivers & Restraints
Drivers |
Restrains |
Seasonal Celebrations |
Market Saturation |
Gift-Giving Culture |
Economic Factors |
Innovative Product Offerings |
|
Global Seasonal Candy Market By Segmentations & Regional Insights
Regional Insights:
On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
- North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. In North American, the U.S. is a major market for seasonal candies, with significant demand during holidays like Halloween, Christmas, and Easter. Consumers often associate these occasions with festive treats, leading to a high consumption of seasonal candies.
- Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. In Asia-Pacific region, seasonal candies are popular during traditional celebrations such as New Year and festivals like Hanami (cherry blossom viewing). Seasonal flavors and limited-edition releases contribute to the market's appeal
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Product Type – Sweet Candy and Other Taste By End-User – Online and Retail |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034.
Global Seasonal Candy Market By Competitive Landscape & Key Players
The key players operating the Seasonal Candy Market includes, Chocoladefabriken Lindt & Sprüngli AG, Ferrero SpA, Mars, Inc., Mondelez International, Godiva Chocolatier, Inc., The Hershey Company, Nestle S.A., Champlain Chocolate Company, Inc., Blue Frog Robotics SAS, and Haighs Pty Ltd.
Recent Development:
- In November 2023, Mars, the company behind the candy, has released a new toasty vanilla white chocolate M&M's flavor that is coated in festive brown, white and vanilla crunchy candy shells. The candy shells are crunchy and have festive colors of red, white, and green. Both goods are already available for sale on MMS.com, at M&M's stores, and at significant national retailers. The company has also brought back its mint chocolate Christmas sweet, which is crafted with rich milk chocolate and creamy peppermint flavors, in addition to the new treat.
- In November 2023, Rainbow Candies launched a new range of premium crumbly fudge, that’s perfect for Christmas gifting. The collection, which was created in response to the rising demand for premium fudge, is produced at Rainbow Candies' Lancashire candy and fudge factory. Salted Caramel, Clotted Cream, Vanilla, Rum & Raisin, Chocolate, Honeycomb, Ginger, Tiffin and Mince Pie are among the nine well-liked flavors of the new Rainbow Candies Hand Broken All Butter Crumbly Fudge range, which is made entirely of butter and contains no palm oil.
- In January 2022, Hershey’s launched their valentine’s-centric lineup of candies for the season. Also, on other side “Reese's Blossom-top Miniature Cups”, which is also launched by Hershey’s have a coating of light pink creme on top of a Reese's Peanut Butter Miniature Cup, provide us an early taste of spring. With foils inspired by bouquets, the pink coated chocolate is a terrific way to transition into Easter and is ideal for the season of hearts.
Global Seasonal Candy Market By Recent News
- Chocoladefabriken Lindt& Sprüngli AG
- Ferrero SpA
- Mars, Inc.
- Mondelez International
- Godiva Chocolatier, Inc.
- The HersheyCompany
- Nestle S.A.
- Champlain ChocolateCompany, Inc.
- Blue FrogRobotics SAS
- HaighsPty Ltd.
Global Seasonal Candy Market By Highlights
FAQs
The seasonal candy market report segmented into product type, application, and region.
Factors driving market growth include seasonal festivities and celebrations, consumer preferences for themed candies during holidays, and marketing strategies adopted by candy manufacturers to capitalize on seasonal demand.
Global restraints may include season-specific demand patterns, challenges in inventory management for seasonal variations, and the need for continuous innovation to meet changing consumer expectations.
The report covers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the Seasonal Candy Market, displaying a significantly high revenue share over the forecast period.
The key players operating in the chocolate and confectionery industry include Chocoladefabriken Lindt & Sprüngli AG, Ferrero SpA, Mars, Inc., Mondelez International, Godiva Chocolatier, Inc., The Hershey Company, Nestle S.A., Champlain Chocolate Company, Inc., Blue Frog Robotics SAS, and Haighs Pty Ltd.