Liquor Confectionery Market
Liquor Confectionery Market
The market for Liquor Confectionery was estimated at $944.03 million in 2024; it is anticipated to increase to $1.42 billion by 2030, with projections indicating growth to around $1.99 billion by 2035.
Global Liquor Confectionery Market Outlook
Revenue, 2024 (US$M)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Liquor Confectionery market is projected to grow from $944.0 million in 2024 to $1.86 billion in 2034. This represents a CAGR of 7%, reflecting rising demand across Gourmet Dessert Pairings, Beverage Complement and Specialty Retail Stations.
- The market leaders in this sector include Anthon Berg together with Ferrero Rocher and Neuhaus who determine the competitive dynamics of the market.
- U.S. and UK are the top markets within the Liquor Confectionery market and are expected to observe the growth CAGR of 4.5% to 6.7% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.0% to 9.7%.
- The market for Liquor Confectionery will experience a $120.4 million growth boost through 2030 because of the emerging gourmet and artisanal liquor confectionery segment.
- The Liquor Confectionery market is set to add $913 million between 2024 and 2034, with manufacturer targeting Milk Chocolate & White Chocolate Flavor Profiles projected to gain a larger market share.
- With Rising demand for gourmet experience, and Technological innovations in flavour infusion, Liquor Confectionery market to expand 97% between 2024 and 2034.
Opportunities in the Liquor Confectionery
In the realm of technology advancements involving intelligence and automation lies the potential to assist manufacturers in enhancing production methods for alcoholic confectionery products. Furthermore the utilization of methods, like 3 printing could be explored for crafting visually appealing confections infused with liquor flavors.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Demand for Gourmet Experience, and Health-conscious Alcohol Consumption Trends
Restraint: Regulatory Hurdles
Opportunity: Tapping into the Vegan Market and Strategic Collaborations Between Liquor and Confectionery Brands
Challenge: Elevated Costs
Supply Chain Landscape
Sucro S.A.
Wilmar International
Cargill Incorporated
Archer Daniels Midland Company
Mars
Ferrero
Walmart
Amazon
Sucro S.A.
Wilmar International
Cargill Incorporated
Archer Daniels Midland Company
Mars
Ferrero
Walmart
Amazon