The Business Research Company’s latest report Sugar And Confectionery Product Global Market Report 2020 covers Sugar And Confectionery Product market drivers, Sugar And Confectionery Product market trends, Sugar And Confectionery Product market segments, Sugar And Confectionery Product market growth rate, Sugar And Confectionery Product market major players, and Sugar And Confectionery Product market size. The report provides in-depth analysis of the impact of COVID-19 on the Sugar And Confectionery Product industry, along with revised market numbers due to the effects of the coronavirus.
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Sugar And Confectionery Product Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global sugar and confectionery product market is expected to grow from $358.3 billion in 2019 to $372.9 billion in 2020 at a compound annual growth rate (CAGR) of 4.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $476 billion in 2023.
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The report covers the Sugar And Confectionery Product market’s segments-
1) By Type: Sugar, Confectionery Product
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
Subsegments covered: White Sugar, Brown Sugar, Liquid Sugar, Chocolate Confectionery, Sugar Confectionery, Gum Confectionery.
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