Functional health ingredients have failed to move into mainstream confectionery and have not penetrated the market as expected, according to a report from Leatherhead Food Research.
Continued growth in the global confectionery market will be driven by increased demand for ethical and functional products in mature regions, and a rise in disposable income in emerging markets, according to industry analysts.
The global market for confectionery products is forecast to reach US$186.3bn by the year 2015, driven by the growing popularity of sugar-free categories, exotic flavours and region-specific products, claims a new report from Global Industry Analysts (GIA).