Confectionery Market The global confectionery market is projected to grow at an impressive 7.3% CAGR from 2023 to 2033, significantly outpacing the lower 2.6% CAGR observed between 2018 and 2022. This robust growth highlights the rising demand for sugar-free products, with the market value expected to surge from US$ 237,788.2 million in 2023 to US$ …
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Confectionery Market to Expand at 7.3% CAGR, Valued at USD 483 Billion By 2033
Confectionery Market The Confectionery Market is on a trajectory of remarkable growth, projected to reach a valuation of US$ 483,214.7 million by 2033, driven by a robust CAGR of 7.3% from 2023. Confectionery products, ranging from chocolates to candies, are witnessing increasing demand worldwide, fueled by evolving consumer preferences, technological advancements, and strategic innovations by key market players. …
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