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Data Bridge Market Research analyses that the hard candy market was valued at USD 267.64 billion in 2022 and is expected to reach the value of USD 319.19 billion by 2030, at a CAGR of 4.2% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Candies are the most-preferred sugar confectionary products across the world. Caramels, gummies, hard candies, hard boiled candies and others are consumed widely amongst all the age groups. Hard candies are available in different shapes, sizes, flavours and colours. They provide various valuable nutritive qualities such as protein, vitamin and mineral content for general well-being. Therefore, the growing number of confectionaries because of the rising consumption of hard candies across the globe is creating certain lucrative growth factors for the hard candy market.
Some of the major players operating in the hard candy market are:
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