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The Australia candy market is expected to grow at a CAGR of 3.78% between 2024 and 2032. As per the analysis by Expert Market Research, the market is expected to be driven by on-the-go snacking options and innovative products with various flavours and textures.
Nestlé Australia Ltd, Stuart Alexander & Co Pty Ltd., HARIBO Australia, Australian Sweet Co., Coffs Candy Kitchens, Johnson's Quality Maid Confectionery, and Walkers Candy Co. among others are the key players in the Australia candy market.
The Australia candy market is expected to grow at a CAGR of 3.78% between 2024 and 2032. As per the analysis by Expert Market Research, the market is expected to be driven by on-the-go snacking options and innovative products with various flavours and textures.
Candy offers a range of benefits, including providing a rapid energy boost that is particularly beneficial for athletes and individuals requiring immediate energy during physical exertion. The consumption of candy, notably chocolate, can elevate mood by releasing endorphins and serotonin, fostering feelings of contentment and relaxation.
The increasing consumption of candy is concerning due to its impact on health such as obesity and dental maladies linked to excessive sugar intake. To redress these concerns, the industry is adapting by integrating healthier alternatives such as sugar-free, organic, and naturally derived ingredient candies to address the needs of health-conscious consumers. According to the Australian Bureau of Statistics, food retailing increased to AUD 14,357.5 million in May 2024, up from AUD 13,932.2 million in May 2023. Specifically, sales at supermarkets and grocery stores rose by 0.1% (AUD 12.1 million) between May 2024 and April 2024.
Supermarkets and hypermarkets drive the Australia candy market with their diverse product variety and consumer convenience. They offer various candies to cater to various preferences and needs. These stores enhance sales by showcasing themed displays, seasonal packaging, and special promotions during seasonal events, providing a vast selection for consumers.
Manufacturers and companies are increasingly focusing on sustainable and ethical practices. This includes sourcing ingredients sustainably, utilising ethical production facilities, and adopting environmentally friendly packaging materials to reduce carbon footprints. These efforts aim to attract eco-conscious consumers who prioritise sustainability in their purchasing decisions.
Mars Wrigley is launching a new, world-first flavour innovation in Australia this month, blending chocolate and cookie dough into a bite-sized treat. This new flavour is a product of Mars Wrigley's Ballarat Innovation Hub, following a $25.5 million investment in its operations this year. This latest innovation combines popular consumer tastes into one product, reflecting the company's commitment to continuous development and adaptation in the confectionery market.
Global Headquarters: | Switzerland |
Establishment: | 1866 |
Website: | www.nestle.com.au |
Nestlé SA, a global leader in nutrition, health, and wellness, operates in 189 countries. In 2023, the company reported CHF 93.0 billion in sales, fueled by organic growth through innovation and efficiency. Nestlé's strategic initiatives focus on expanding plant-based and health-oriented products, as demonstrated by the launch of Garden Gourmet and Harvest Gourmet vegan fish alternatives in Europe and Asia.
Global Headquarters: | Germany |
Establishment: | 1920 |
Website: | www.haribo.com |
Haribo, renowned for its iconic Goldbears, is a leading global confectionery brand established in 1920. The company specializes in fruit gummies and liquorice, producing 160 million Goldbears daily. Haribo's product range includes a variety of popular items such as Starmix, Happy Cola, Happy Cherries, and Tangfastics, among others. Haribo's commitment to quality is evident in its meticulous production processes and the use of premium ingredients.
Global Headquarters: | Australia |
Establishment: | 2012 |
Website: | www.australiansweetco.com.au |
The Australian Sweet Co. specializes in handcrafted confectionery, including brittles, rock candies, lollipops, and gobstoppers. They emphasize quality by using the finest locally sourced ingredients, ensuring their products are naturally gluten-free without compromising on flavour. The company started with a small range of peanut brittle varieties, which quickly gained popularity, leading to an expansion of its product offerings to include a wide variety of traditional and innovative sweets. It prides itself on maintaining traditional sweet-making methods while adding a contemporary twist. They aim to offer a superior product compared to mass-produced alternatives, focusing on delivering delightful flavours and textures.
Global Headquarters: | Australia |
Establishment: | 1988 |
Website: | www.candykitchen.com.au |
Coffs Candy Kitchens offers a wide variety of candies available both online and in their physical store. They specialize in custom-made candies and bulk orders, catering to various preferences and events. The company prides itself on high-quality, handcrafted confections and has been supplying candies to the Australian market for over three decades. They offer a range of products including traditional favourites like butterscotch, cherry apple, and eucalyptus, and custom options tailored to customer specifications. Coffs Candy Kitchens also provides online wholesale delivery across Australia, ensuring their products are accessible nationwide.
Global Headquarters: | Australia |
Website: | www.jqmconfectionery.com |
Johnson's Quality Maid Confectionery, based in Mordialloc, Victoria, Australia, is known for its handcrafted boiled confectionery. The company offers a wide variety of traditional candies such as humbugs, barley sugar, acid drops, bullseyes, sherbet, and various flavoured rocks like raspberry, pineapple, and watermelon. They cater to both retail and wholesale customers, providing bulk options and custom orders to meet diverse customer needs.
Global Headquarters: | Australia |
Establishment: | 1982 |
Website: | www.walkerscandy.com |
Walkers Candy Co. is a family-owned business located in Morley, Western Australia. The company specialises in manufacturing high-quality hard-boiled confectionery, lollipops, and honeycomb. Committed to supporting local agriculture, they use Australian cane sugar and wheat glucose in their products. Their product range includes a mix of modern and traditional flavours available for both retail and wholesale customers. They offer a variety of candy types such as rock candy, sugar-free options, and custom-made candies for special occasions and corporate events.
CAGR 2024-2032 - Market by | In Terms of USD Billion |
Market Size 2023 | 578 |
Market Size 2023 | 578 |
Market Size 2023 | 578 |
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