Global Liquor Confectionery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Liquor chocolate and Liquor candy and gums.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn111324519 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Liquor Confectionery Market (USD Million), 2021 - 2031

In the year 2024, the Global Liquor Confectionery Market was valued at USD 691.64 million. The size of this market is expected to increase to USD 982.99 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.

The global liquor confectionery market has been witnessing robust growth driven by evolving consumer preferences and innovative product offerings. Liquor confectionery, which combines the flavors of traditional confectionery with alcoholic beverages, has gained popularity among consumers looking for unique indulgence options. This market segment caters to a diverse range of tastes, offering products that blend the sweetness of confectionery with the distinctive notes of various alcoholic drinks such as rum, whiskey, and liqueurs.

Key factors contributing to the growth of the global liquor confectionery market include increasing disposable incomes, changing lifestyles, and a growing affinity for premium and gourmet food products. Manufacturers are focusing on developing new flavors and textures to cater to evolving consumer preferences and expanding their market presence. Additionally, the trend towards gifting confectionery items, especially during festive seasons and celebrations, has further fueled market demand for liquor-infused chocolates, candies, and other confectionery products.

Geographically, North America and Europe have been significant markets for liquor confectionery, owing to established consumer awareness and a strong culture of indulgence in these regions. However, emerging markets in Asia-Pacific and Latin America are also witnessing rapid adoption of liquor confectionery products, driven by urbanization, increasing disposable incomes, and exposure to global culinary trends. Looking ahead, the global liquor confectionery market is poised for continued growth, supported by product innovation, strategic marketing initiatives, and expanding distribution channels across various regions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Region
  4. Global Liquor Confectionery Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing disposable incomes globally.
        2. Growing demand for premium and indulgent products.
        3. Innovations in flavors and packaging.
      2. Restraints
        1. Stringent regulations on alcohol content in confectionery.
        2. Health concerns related to excessive sugar consumption.
        3. Fluctuating raw material prices.
      3. Opportunities
        1. Expansion into emerging markets.
        2. Rising consumer preference for luxury and gifting options.
        3. Development of low-sugar or sugar-free liquor confectionery.
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Liquor Confectionery Market, By Product, 2021 - 2031 (USD Million)
      1. Liquor chocolate
      2. Liquor candy and gums
    2. Global Liquor Confectionery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ferrero SpA
      2. Mars, Incorporated
      3. Mondelez International, Inc.
      4. Nestlé S.A.
      5. The Hershey Company
      6. Lindt & Sprüngli AG
      7. Ferrara Candy Company
      8. Perfetti Van Melle
      9. Haribo GmbH & Co. KG
      10. Jelly Belly Candy Company
  7. Analyst Views
  8. Future Outlook of the Market