Core Insights - The global confectionery market is projected to grow from USD 227.58 billion in 2026 to USD 299.18 billion by 2031, with a CAGR of 5.62% driven by factors such as cocoa price volatility, demand for premium products, and regulatory pressures on sugar content [1] Market Trends and Growth Drivers - The confectionery industry is transitioning from volume-driven sales to high-value revenue, with consumers favoring affordable luxuries and experiential products, particularly in the Middle East and Asia-Pacific [2] - Health-conscious innovations are becoming essential, with manufacturers reformulating products to address diabetes and sugar-reduction regulations, leading to the rise of guilt-free treats like vitamin-enriched gummies and vegan chocolates [3] Market Segmentation - The confectionery market can be segmented by product type (chocolate, sugar confectionery, snack bars, gums), packaging type (single-serve, multipack), price tier (mass, premium), and distribution channel (supermarkets, online retail, convenience stores) [4] Regional Outlook - North America leads in market value due to high per-capita consumption, while Asia-Pacific is the fastest-growing region driven by rising incomes and digital retail strategies; Europe faces stricter regulations prompting reformulation and packaging investments [5] Competitive Landscape - The confectionery industry is moderately fragmented, with multinational players leveraging scale and R&D to navigate challenges, while emerging brands focus on clean-label positioning and digital engagement [6][7] Key Players - Major companies in the confectionery industry include Mars Incorporated, Mondelēz International Inc., The Hershey Company, Nestlé S.A., and Ferrero International S.A. [12]

Core Insights - The total value of Irish food, drink, and horticulture exports reached €19 billion ($22.21 billion) in 2025, marking a 12% increase, described as a "milestone performance" by Bord Bia in a volatile trading environment [1][8] Meat and Livestock - Exports of meat and livestock increased by 18% in value, exceeding €5 billion, driven by price hikes in beef and live exports due to limited cattle supplies [2] Dairy Sector - Dairy export value rose to €7.3 billion, a 14% increase, supported by improved prices and a strong grass-growing season that boosted milk production; dairy export volumes also grew by 12% [3] Seafood Exports - The value of seafood exports increased by 9% to €635 million, with volumes surging by 22%, although challenges are anticipated due to potential quota reductions for certain species [4] Prepared Consumer Foods - Sales of prepared consumer foods exports grew by 9% to €3.6 billion, aided by strong performances in chocolate, confectionery, juices, and carbonated drinks, alongside a 10% growth in exports to the UK [4][5] Value-Added Meat Exports - Value-added meat exports, comprising 24% of prepared consumer foods, grew by 5% to €885 million, although growth was tempered by challenging conditions for quick service restaurants [6] Bakery Exports - In contrast to other sectors, the value of Irish bakery exports remained flat at €330 million, with exporters focusing on value-added products for the UK market amid increasing price sensitivity [7]