The Iranian Confectionery Fair provides a platform for showcasing innovations, brands, and the latest global trends in the confectionery industry. It allows industry leaders and producers to present their products and achievements to both local and international markets while engaging with consumers and other industry professionals.
Comprehensive Report Overview:
The “Confectionery Market Report 2023” focuses on the current state and future outlook of the global and local confectionery industry. It provides an in-depth analysis of the history, cultural impact, and the different types of confectionery products available. The report not only analyzes the current market but also outlines growth prospects up to 2027, focusing on key trends and innovations driving market expansion.
History of the Confectionery Industry: The report traces the 2,500-year history of confectionery, originating in ancient Persia and the Middle East. It also discusses how these products traveled westward through the influence of Muslims and impacted European markets.
Consumer Trends and Preferences: A major focus of the report is the shift in consumer preferences towards healthier options. In recent years, consumers have increasingly favored sugar-free and low-calorie products, driven by health consciousness. The demand for organic, additive-free snacks has become a significant trend in the confectionery market.
Global Confectionery Market Analysis: The global confectionery market accounted for approximately 18% of the total revenue in the global food market in 2023. The report offers detailed insights into the largest confectionery consumers in 2022 and projects growth trends up to 2027. It is predicted that the confectionery market in Asia will grow at a 4.5% annual rate through 2027.
Challenges and Opportunities: The report highlights key challenges in the industry, including fluctuations in raw material prices, such as sugar and cocoa, as well as the impact of the COVID-19 pandemic on production and demand. However, with the easing of government restrictions and increased vaccination rates, the confectionery industry is recovering quickly, with steady growth anticipated in the coming years.