Toffee Market

Toffee is a western-style candy and a general term for a type of sugar. It is made by boiling the molasses brown sugar to a very thick consistency and then stirring the substance by hand or machine until the candy pieces become shiny and remain in a solid shape. Toffee is usually made from condensed milk, cocoa liquor, butter, glucose syrup, vanillin and hazelnuts. It has a sweet taste.

Toffee Market contains market size and forecasts of Toffee in global, including the following market information:

Global Toffee Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Toffee Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Toffee companies in 2021 (%)

The global Toffee market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Salty Water Toffee Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Toffee include Perfetti Van Melle Group B.V., Mondelez International, Yakefood, August Storck KG, Hsu Fu Chi International, KDV Group, Walkers, Thai Ao Chi and Half Moon Bay Taffy and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Toffee manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Toffee Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Toffee Market Segment Percentages, by Type, 2021 (%)

• Salty Water Toffee
• Milk Toffee
• Peanut Toffee
• Others

Global Toffee Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Toffee Market Segment Percentages, by Application, 2021 (%)

• Online Sale
• Offline Sale

Global Toffee Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Toffee Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

• Key companies Toffee revenues in global market, 2017-2022 (Estimated), ($ millions)
• Key companies Toffee revenues share in global market, 2021 (%)
• Key companies Toffee sales in global market, 2017-2022 (Estimated), (K MT)
• Key companies Toffee sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• Perfetti Van Melle Group B.V.
• Mondelez International
• Yakefood
• August Storck KG
• Hsu Fu Chi International
• KDV Group
• Walkers
• Thai Ao Chi
• Half Moon Bay Taffy
• Purple Mountain Taffy