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Confectionery Market to Hit $242.53 Billion by 2028;

COVID-19 Impact: In the early months of the pandemic, the halt on sugar and chocolate processing plants had a huge impact on food demand. For example, in reaction to the COVID-19 outbreak in the United States, The Hershey Company voluntarily shut down all of its manufacturing facilities from March 16 to March 29, 2020. During the lockdown, supply chain disruptions, labour shortages, trade sanctions, and shipping and logistics fluctuations were all experienced. According to the CEO of the Natio...
United States United Kingdom Loma Linda University Barry Callebaut Chocoladefabriken Lindt Sprungli Asia Pacific

Confectionery Market to Hit $242.53 Billion by 2028; Growing Popularity of Convenience Foods to Aid Market Expansion, Says Fortune Business Insights™ - Press Release

Pune, India, July 07, 2021 (GLOBE NEWSWIRE) — The global confectionery market size is projected to reach USD 242.53 billion by 2028, registering a CAGR of 3.8% during the forecast period. Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Confectionery Market, 2021-2028”. The market size stood at USD 188.52 billion in 2020. Manufactured chocolate bars and candies are k...
United States United Kingdom Loma Linda University Barry Callebaut Chocoladefabriken Lindt Sprungli Asia Pacific

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