The Market value (retail sales value) of Confectionery Industry in United Kingdom attained a value of USD 8,632.74 Millions in 2020
The Industry recorded a historical decline (CAGR) of 0.53% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
As the in-store sale of confectionery products took a hit during the pandemic, the UK’s Confectionery market continued to decline for the second year in 2020. The confectionery sales continued to decline as more and more people avoided an outside trip during the lockdown unless it is to stock up necessities.
Despite lockdown restrictions, Hypermarkets and supermarkets were the largest distribution channel in the confectionery sector in the UK, followed by convenience stores and E-retailers.
Mondelez, Mars, Nestle, Chocoladefabriken Lindt & Sprüngli, and Ferrero held the top five leading market positions in the confectionery industry of the UK.
Confectionery products refer to all chocolate-based products, all bubble and chewing gum, sugar-based confectionery items including hard-boiled sweets, mints, caramels & toffees, gums and jellies, marshmallows, fudges, and medicated throat lozenges.
Mondelez International leads the way in the UK's confectionery market
Mondelez was the leading company in the UK confectionery market in 2020. The company owns more than 20 brands in the UK with most sales coming from Cadbury. Maynards Bassetts, Green & Black`s, Trebor, and Fry`s are some of the prominent brands selling confectionery items in the UK under Mondelez's trademark.
Mars ranked second in the confectionery product market in the UK
Mars held the second-largest share (by value) in the UK's confectionery market in 2020. The company owns more than 10 brands selling confectionery items in the UK. Wrigley`s brand was the biggest contributor to the company’s confectionery sales in the UK. Galaxy, Maltesers, Celebrations, and Mars are some of the other prominent brands operating in the UK market under Mars.
Other market players in the confectionery market in the UK
Nestle, Chocoladefabriken Lindt & Sprüngli, and Ferrero were among some of the other prominent companies in the confectionery market in the UK.
Nestle, Wrigley`s, Galaxy, and Lindt were among some of the prevalent confectionery brands in the UK.
Market Fragmentation: The top three players, accounted for more than half of the UK's confectionery market (by value) in 2020
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