Report Overview

The Australia confectionery market is estimated to be valued at AUD 5.54 Billion in 2023. It is expected to grow at a CAGR of 2.20% between 2024 and 2032 to reach almost AUD 6.74 Billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • According to the ABS, 30.6% of bakers and pastrycooks were employed in New South Wales.
  • As per the ABS, the dietary energy per capita per day of confectionery and bars has increased to 11 kilojoules in 2020-21.
  • Approx. 16.5% of the discretionary energy was constituted to the confectionery food group among the major food group categories in Australia in 2022-23.

Australia Confectionery Market Growth

Compound Annual Growth Rate

Value in AUD Billion

2.2%

2024-2032


Australia Confectionery Market Outlook

*this image is indicative*

Supermarkets and hypermarkets is driving the Australia confectionery market.

These channels offer a wide range of products to cater to the diverse needs of consumers. It offers products from various brands while offering competitive prices. It provides a one-stop-shopping destination for snacks and confectionery items. Confectionery items such as cookies, chocolates, gums, jellies, and others are widely available in these markets with different varieties. Convenience stores are retail channels in residential neighbourhoods that provide quick and convenient snack options.

The growing focus of individuals on healthy alternatives such as plant-based and vegan confectionery options has driven the Australia confectionery market growth. Companies and manufacturers produce candies, chocolates, and sweets to cater to the needs of health-conscious consumers.

The changing consumers preferences is resulting in the development of innovative flavours and combinations such as salted caramel, chilli-infused chocolate, and exotic fruit pairings. Further, unique packaging designs and new formats such as bite-sized candies, resealable pouches, and portion-controlled servings to attract consumers while offering on-the-go snacking  is driving the Australia confectionery market.

Australia Confectionery Market Segmentation

Australia Confectionery Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product Type

  • Ice Cream 
  • Gums and Jellies
  • Chocolate
  • Sugar confectionery 
  • Others

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Confectionery Market Share

Online channels offer consumers convenience and a wider selection of products, e-commerce platforms and brand websites enable easy access to international and niche confectionery items. Additionally, online channels facilitate targeted marketing, personalised recommendations, and subscription services, enhancing customer engagement and satisfaction.

Leading companies in the Australia Confectionery Market

The growth of the confectionery market is fuelled by the development of products by manufacturers made with plant-based alternatives to cater for the evolving needs of consumers.

  • Nestlé Australia Ltd.
  • Ferrero International
  • Mars, Incorporated
  • Mondelez Global LLC
  • Australian Sweet Co

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The Australia confectionery market was valued at AUD 5.54 Billion in 2023.

The market is projected to grow at a CAGR of 2.20% between 2024 and 2032.

The revenue generated from the market is expected to reach AUD 6.74 Billion in 2032.

Based on the product type, the confectionery market is bifurcated into ice cream, gums and jellies, chocolate, sugar confectionery and others.

Key players in the industry are Nestlé Australia Ltd., Ferrero International, Mars, Incorporated, Mondelez Global LLC and Australian Sweet Co. among others.

The different distribution channels in the confectionery market include supermarkets and hypermarkets, convenience stores, online channels, and others.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

Report Features Details
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Distribution Channel
  • Region
Breakup by Product Type
  • Ice Cream
  • Gums and Jellies
  • Chocolate
  • Sugar confectionery
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Channels
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Nestlé Australia Ltd.
  • Ferrero International
  • Mars, Incorporated
  • Mondelez Global LLC
  • Australian Sweet Co.
  • Others

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