UK Confectionery Market Size

UK Confectionery Market Analysis

The UK Confectionery Market size is estimated at 16.18 billion USD in 2024, and is expected to reach 22.06 billion USD by 2030, growing at a CAGR of 5.30% during the forecast period (2024-2030).

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16.18 Billion

Market Size in 2024 (USD)

22.06 Billion

Market Size in 2030 (USD)

4.43 %

CAGR (2018-2023)

5.30 %

CAGR (2024-2030)

Largest Segment by Confections

72.94 %

value share, Chocolate, 2023

Growing popularity of dark chocolate due to its health benefits, along with growing artisanal chocolate makers in the United Kingdom, is making chocolate the largest segment.

Largest Segment by Distribution Channel

40.49 %

value share, Convenience Store, 2023

The wider range of confectionery products and feasibility in location by convenience stores, driven by impulse buying behavior, makes it a major market distribution channel.

Fastest-growing Segment by Confections

7.70 %

Projected CAGR, Snack Bar, 2024-2030

Consumers are replacing conventional snacks with snack bars, growing and witnessing an ever-expanding array of flavors and healthy varieties to supplement eating habits.

Fastest-growing Segment by Distribution Channel

6.22 %

Projected CAGR, Online Retail Store, 2024-2030

The freedom to browse digital catalogs without any hurry in a priceless manner, with quick deliveries to the right place, has become the major factor driving the segment.

Leading Market Player

17.96 %

market share, Mondelēz International Inc., 2022

The active market activities, like product innovations and strategic moves by Mondelēz, along with the unique portfolio, are enabling the company to grow ales in the market.

Supermarkets, hypermarkets, and convenience stores collectively account for more than 75% of the market share due to their longer opening hours and access to a wide range of confectionery brands

UK Confectionery Industry Segmentation

Chocolate, Gums, Snack Bar, Sugar Confectionery are covered as segments by Confections. Convenience Store, Online Retail Store, Supermarket/Hypermarket, Others are covered as segments by Distribution Channel.

• Convenience stores are the leading distribution channels for confectionery products in the country. The sales value of confectionery products through convenience stores increased by 4.3% in 2023 compared to the previous year. The major factor behind this growth was the ease of access and longer opening hours compared to modern stores. These factors boost the sales of confectionery products.
• Supermarkets and hypermarkets are the second most widely preferred distribution channels after convenience stores. The sales value of confectionery products through supermarkets and hypermarkets registered a growth rate of 9.42% from 2021 to 2023. These retail channels have a strong position due to the wide selection of brands offered, considerable shelf space, frequent price promotions, and the rising demand for confectionery products such as chocolates, candies, sugar-free gums, snack bars, and others that are widely accessible at supermarkets and hypermarkets.
• Supermarkets offer discounted prices for bulk purchases of confectioneries. Key supermarket chains, including Aldi, Tesco, Asda, Sainsbury, and Morrisons, sell 650 g of chocolate boxes for USD 5.24, 100 g boxes for USD 1.78, and 382 g boxes for USD 4.57 in the United Kingdom. These retail channels also offer cashback and rewards when consumers buy products from their online websites.
• Online retail channels are expected to grow at the highest rate during the forecast period due to factors such as convenience, discounted rates, and one-day delivery options. The sales value of confectionery products through online retail channels is anticipated to register a CAGR of 5.95% from 2023 to 2030.