Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Confectionery Market Outlook
*this image is indicative*
Supermarkets and hypermarkets is driving the Australia confectionery market.
As per the Australia confectionery market analysis, these channels offer a wide range of products to cater to the diverse needs of consumers. They offer products from various brands while offering competitive prices. Such channels provide 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.
| Australia Confectionery Market Summary | Description | Value |
| Base Year | AUD Billion | 2023 |
| Historical period | AUD Billion | 2018-2023 |
| Forecast Period | AUD Billion | 2024-2032 |
| Market Size 2023 | AUD Billion | 5.5 |
| Market Size 2032 | AUD Billion | 6.7 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 2.2% |
| CAGR 2024-2032 - Market by Region | New South Wales | 2.5% |
| CAGR 2024-2032 - Market by Region | Western Australia | 2.1% |
| CAGR 2024-2032 - Market by Product Type | Chocolate | 2.5% |
| CAGR 2024-2032 - Market by End Use | Supermarkets and Hypermarkets | 2.4% |
| Market Share by Region | Australian Capital Territory | 13.2% |
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 Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
Market Breakup by Distribution Channel
Market Breakup by Region
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.
| CAGR 2024-2032 - Market by | Region |
| New South Wales | 2.5% |
| Western Australia | 2.1% |
| Australian Capital Territory | 2.0% |
| Victoria | XX% |
| Queensland | XX% |
| Others | XX% |
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.
*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.*
Get in touch with us today for customized, data-driven solutions tailored to your unique requirements!
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.
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.
| 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:
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| Breakup by Product Type |
|
| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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