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Market Research Report
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1039630

Middle East & Africa Sugar Confectionery Market Outlook, 2026

Published: | Bonafide Research & Marketing Pvt. Ltd. | 82 Pages | Delivery time: 1-2 business days

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Middle East & Africa Sugar Confectionery Market Outlook, 2026
Published: October 9, 2021
Bonafide Research & Marketing Pvt. Ltd.
Content info: 82 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents
  • List of Tables

The report titled 'Middle East & Africa Sugar Confectionery Market Outlook, 2026' published by identifies and discusses recent developments in sugar confectioneries across the region. This report not only serves with the facts, figures, and forecasts but also has a detailed study about the Covid effect on the industry. As the name suggests, this sweet-tasting is loved by all age groups across the globe. The market has been in growth at a steady pace on account of the high demand from middle-class consumers. This market is divided into different product types of Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, and Others, Children, Adult & Geriatric, in terms of age group, based on sales channel: Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others, and by region & country.

In the Middle East region, the consumers are more sophisticated than any other region and are inclined towards premium quality, while on the other hand, the consumers are more cost-sensitive. With such a mixed pattern, the market was valued at USD 1.64 Billion in 2015. In the present scenario, the region is considered to hold a high potential, due to its location and the high spending capacity of the people. The leading international brands are expanding their product portfolio in the region and are also broadening their distribution network. This is to allow the market to grow with an anticipated CAGR of 6.57%.

The market is led by the chewy sugar confectionery segment, followed by the hard-boiled sweet segment, which together accounted for a share of more than 50% in the year 2020. The major trend in the region is the clean label claim. People are more influenced by such labels claiming the products to be all-natural or being preservative-free. The sugar-free confectionery segment in the region is to be growing with a CAGR of 9.81% through the forecasted period and be the fastest-growing segment in the region.

The marketers are constantly trying to differentiate themselves from the common local brands by investing heavily in the retail sector. This has made it possible for the convenience stores segment to dominate the market, with a share of nearly 40% in the year 2015. The leading brands are maintaining their leadership in the supermarket/hypermarket through heavy discounts and in-store promotions. However, with the increase in the small-scale home-based confectionery manufacturers, the dependency on the online sales channel has also increased. Through the forecasted period, the e-commerce marketplace for the sugar confectionery market is expected to be growing with an anticipated CAGR of 10%.

The Middle East & Africa region is dominated by the adult age group segment which held a share of nearly 48% in the year 2020. In the recent past, there has been an increase in the number of sugar-free variants of gums, chews, and candies. This is seen as an attempt of the manufacturers to gain more consumer base from the geriatric age group segment. Through the forecasted period, the geriatric age group segment is expected to be growing at an anticipated CAGR of 6.78%.

As a country, South Africa is the largest in the region, with a very well-established sugar confectionery market. The leading manufacturers in the region are now focusing on the quality of the ingredients and innovations in terms of packing. Many governments are focused on sugar tax and the removal of subsidies, which is likely to be the turning point in the regional trends.

Many premium brands have been successful in building an affluent consumer base, supported by their strategic placing in the retail chains. Some of the major players in the market include Mondalez International, Nestle, Lindt & Sprungli AG, Hershey's, and Mars Incorporated. The leading companies are focusing on improvising their global position by enhancing their product line and through mergers & acquisitions. Understanding the changes in lifestyles, companies are now innovating and introducing new products to cater to the customers' growing needs.

Companies Mentioned:

Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., LOTTE CONFECTIONERY CO., LTD., Mondelez International, Lindt & Sprungli AG

CONSIDERED IN THE REPORT

  • Geography: Middle East & Africa
  • Base year: 2020
  • Historical year: 2015
  • Forecasted year: 2026

REGIONS COVERED:

  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

ASPECTS COVERED IN THE REPORT

  • Global Market Size By Value for the time period (2015-2026F)
  • Regional Market Size By Value for the time period (2015-2026F)
  • Country Wise Market Size By Value for the time period (2015-2026F)
  • Market Share by Product Type (Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value
  • Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value
  • Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others) By Value
  • Market Share by Company

This report would help you answer the following questions:

  • 1. What is the market size and forecast of the Sugar Confectionery Market?
  • 2. What are the inhibiting factors and impact of COVID-19 shaping the Sugar Confectionery Market during the forecast period?
  • 3. Which region outstands in the Sugar Confectionery Market?
  • 4. Which are the segments to invest in over the forecast period in the Sugar Confectionery Market?
  • 5. What is the competitive strategic window for opportunities in the Sugar Confectionery Market?
  • 6. What are the technology trends and regulatory frameworks in the Sugar Confectionery Market?
  • 7. What are the major companies in the Sugar Confectionery Market?
Product Code: 211029856

Table of Contents

Table Of Content

1. Executive Summary

2. Report Methodology

3. Market Structure

3.1. Market Considerate

3.2. Market Definition

4. Global Sugar Confectionery Market Outlook

4.1. Market Size By Value

4.2. Market Share

4.2.1. By Type

4.2.2. By Age Group

4.2.3. By Sales Channel

4.2.4. By Region

4.2.5. By Country

4.2.6. By Company

5. Middle East & Africa Sugar Confectionery Market Outlook

5.1. Market Size By Value

5.2. Market Share

5.2.1. By Type

5.2.2. By Age Group

5.2.3. By Sales Channel

5.2.4. By Country

5.3. UAE Sugar Confectionery Market Outlook

5.3.1. Market Size By Value

5.3.2. Market Share

5.3.2.1. By Type

5.3.2.2. By Age Group

5.3.2.3. By Sales Channel

5.4. Saudi Arabia Sugar Confectionery Market Outlook

5.4.1. Market Size By Value

5.4.2. Market Share

5.4.2.1. By Type

5.4.2.2. By Age Group

5.4.2.3. By Sales Channel

5.5. Israel Sugar Confectionery Market Outlook

5.5.1. Market Size By Value

5.5.2. Market Share

5.5.2.1. By Type

5.5.2.2. By Age Group

5.5.2.3. By Sales Channel

5.6. South Africa Sugar Confectionery Market Outlook

5.6.1. Market Size By Value

5.6.2. Market Share

5.6.2.1. By Type

5.6.2.2. By Age Group

5.6.2.3. By Sales Channel

6. Market Dynamics

6.1. Key Drivers

6.2. Key Challenges

7. Market Trends and Developments

8. Porter's Five Forces

9. Company Profiles

9.1. Ferrero Group

9.2. Haribo GmbH & Co. K.G.

9.3. Lindt & Sprungli AG

9.4. Lotte Confectionery

9.5. Mars Wrignery

9.6. Meiji Holdings Co. Ltd

9.7. Mondel?z International

9.8. Nestle S.A

9.9. Perfetti Van Melle

9.10. The Hershey Company

10. Strategic Recommendations

11. Disclaimer

List of Figures

  • Figure 1: Global Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 2: Global Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 3: Middle East & Africa Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 4: Middle East & Africa Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 5: UAE Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 6: UAE Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 7: Saudi Arabia Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)

Figure 8:Saudi Arabia Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)

  • Figure 9: Israel Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 10: Israel Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 11: South Africa Sugar Confectionery Market Size - By Value 2015 to 2026F (In USD Billion)
  • Figure 12: South Africa Sugar Confectionery Market Share By Age Group (2015, 2020 & 2026F)
  • Figure 13: Porter's Five Force Model for Electric Bicycle Industry

List of Tables

  • Table 1: Global Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 2: Global Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 3: Global Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 4: Global Sugar Confectionery Market Share By Region (2015, 2020 & 2026F)
  • Table 5: Global Confectionery Market Share By Country (2015, 2020 & 2026F)
  • Table 6: Global Sugar Confectionery Market Share By Company (2020)
  • Table 7: Middle East & Africa Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 8: Middle East & Africa Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 9: Middle East & Africa Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 10: Middle East & Africa Confectionery Market Share By Country (2015, 2020 & 2026F)
  • Table 11: UAE Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 12: UAE Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 13: UAE Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 14: Saudi Arabia Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 15: Saudi Arabia Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 16: Saudi Arabia Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 17: Israel Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 18: Israel Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 19: Israel Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 20: South Africa Sugar Confectionery Market Share By Product Type (2015- 2020)
  • Table 21: South Africa Sugar Confectionery Market Share By Product Type (2021F-2026F)
  • Table 22: South Africa Sugar Confectionery Market Share By Sales Channel (2015, 2020 & 2026F)
  • Table 23: Key Facts of Ferrero Group
  • Table 24: Key Facts of Haribo GmbH & Co. K.G.
  • Table 25: Key Facts of Lindt & Sprungli AG
  • Table 26: Key Facts of Lotte Confectionery
  • Table 27: Key Facts of Mars Wrignery
  • Table 28: Key Facts of Meiji Holdings Co. Ltd
  • Table 29: Key Facts of Mondel?z International
  • Table 30: Key Facts of Nestle S.A
  • Table 31: Key Facts of Perfetti Van Melle
  • Table 32: Key Facts of The Hershey Company