The global cotton candy machines market is worth US$ 108.4 Billion as of now and expected to reach US$ 170.4 Billion by the year 2033 at a CAGR of 4.62% between 2023 and 2033.
The ongoing trend is that of sugar-free candies due to consumers getting more health-conscious. As such, low-sugar chocolates are in the offing. With greater mouthfeel and better appearance all through, the global cotton candy machines market is slated to grow on an exceptional note in the forecast period.
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Future Market Insights has walked through these findings with future perspectives in its latest market study entitled ‘Cotton Candy Machines Market’. It has its line of expertise in the form of analysts and consultants to deploy an eagle’s eye view in its primary, secondary, and tertiary modes of research.
Competitive Landscapes
- HARIBO, in March 2022, unleashed a series of Easter treats including Chick ‘n’ Mix and Jelly Bunnies. It did announce to bring back ‘previous favourites’ as well.
- Bazooka candy Brands, in May 2022, came up with Push Pop Gummy Pop-its in three flavors, namely blue raspberry, strawberry, watermelon, and berry blast.
- The other players in cotton candy machines market include Cretors & Company, Gold Medal Products Co., Paragon International Inc., benchmark USA Inc., The Candery, Nostalgia Products LLC, Vivo, Great Northern Popcorn Company, Olde Midway, Funtime Popcorn Company, and likewise.
- Tender Food (erstwhile Boston Meats) has progressed with raising funds worth US$ 12 Million for cotton candy machine technology that could be used for producing cell cultured proteins and plant-based meat technologies.
- Spinn Candy has tabled a cotton candy start-up program with the objective to construct a cotton candy machine plant to turn out to be one of the steady buyers of a series of 50 gourmet sugars. At present, they have established 8 domestic cotton candy business with an international business.
Global Report Coverage:
Report Attribute | Details |
Growth Rate | CAGR of 4.62% from 2023 to 2033 |
Market value in 2023 | US$ 108.4 billion |
Market value in 2033 | US$ 170.4 billion |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | US$ billion for Value and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Cotton Candy Machines Market Segmentation:
By Product Type:
- Tabletop
- Commercial-grade
- Industrial-grade
By Distribution:
- Online Retail
- Offline Retail
- Direct Sales
By End-use Industry:
- Foodservice and Hospitality
- Entertainment and Amusement Parks
- Retail and Supermarkets
- Events and Parties
- Others
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East and Africa