The Growing Potential of the Confectionery Market
The global confectionery industry is experiencing rapid growth, presenting exciting opportunities for businesses in India and beyond . In 2023, the market was valued at nearly $197 billion , and it is projected to grow at an annual rate of over 4% until 2028 . This surge is fueled by changing consumer preferences, demand for innovative flavors, healthier alternatives, and sustainable packaging . Manufacturers who adapt to these trends —like DhimanGroup, a leading confectionery machine manufacturer in India —are well-positioned for success. By leveraging cutting-edge technology, precision engineering, and strategic distribution , businesses can meet evolving market demands and expand their footprint. Let’s explore the key factors shaping the confectionery industry and how top manufacturers like DhimanGroup are driving innovation. 1. Global Demand for Confectionery is Rising The confectionery market is growing worldwide, with key regions like Asia-Pacific, the Americas, and Western Eur...