Middle East And Africa Confectionary Market 2017-2021: Market is Anticipated to Expand at a Significant CAGR of 2.24%
Middle East And Africa Confectionary Market By Type (Sugar, Chocolate, Fine Bakery Wares, And Others)
(EMAILWIRE.COM, February 28, 2018 ) The Middle East and Africa Confectionary market size was around USD 3.82 billion in 2016. It is expected to grow at a CAGR of 2.24% to reach USD 4.27 billion by 2021. It captures 2% of the global market.
Confectionery market comprises array of food products such as chocolates, raw pastes, and various sugar-based products. In addition, it includes therapeutic and dietetic confectioneries that differ in formulations from traditional confections. The preferred type of confectioneries often differ according to the geographical regions due to difference in regulatory norms and other factors such as economy and taste & preference of customers.
Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/
Introduction of odour sensations, combination of liquid & solid flavours, and energy boosts in confectionery products drive the growth and development of the confectionery market worldwide. Wide range of confectionery products are vended through various retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. These stores act as Middle East and Africa marketing tool, assisting in building an impressive brand image and raise brand exposure of wide variety of products.
Request for Sample Brochure: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/request-sample
Sugar is the key ingredient responsible for prevalence of obesity and diabetes making this the primary restraint of this market. Primary raw materials used in confectionery production are sugar and cocoa. Cocoa prices are unstable and can be affected by a series of factors, like political instability, extreme weather, and pests & disease. Additionally, increase in supply demand gap in chocolate industry has increased the prices of cocoa beans. Sugar prices grew owing to less production and more demand.
Inquire before buying: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/inquire
The market is categorized by type. By type the market is segregated into Sugar, Chocolate, Fine Bakery Wares, and Others. Sugar is further sub-segmented into Hard-boiled sweets, Caramels & Toffees, Gums & Jellies, Medicated Confectionary, Mints and others. Chocolate is further sub-segmented into White, Milk and Dark.
By geography the market is segmented into Middle East and Africa. It is last in terms of market share.
Key players in the market include Delfi Limited (Singapore), Ezaki Glico Co., Ltd. (Japan), Ferrero SpA (Italy), Lindt & Sprüngli AG (Switzerland), Lotte Confectionery Co. Ltd. (South Korea), Mars, Incorporated (U.S.), Mondelez International, Inc. (U.S.), Nestlé S.A. (Switzerland), The Hershey Company (U.S.), and Wm. Wrigley Jr. Company (U.S.).
Market Segmentation
Type
Introduction
Sugar
Hard-boiled Sweets
Caramells & Toffees
Gums & Jellies
Medicated Confectionary
Mints
Others
Chocolate
White
Milk
Dark
Fine Bakery Wares
Others
The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Confectionery market comprises array of food products such as chocolates, raw pastes, and various sugar-based products. In addition, it includes therapeutic and dietetic confectioneries that differ in formulations from traditional confections. The preferred type of confectioneries often differ according to the geographical regions due to difference in regulatory norms and other factors such as economy and taste & preference of customers.
Get a comprehensive overview of the Market: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/
Introduction of odour sensations, combination of liquid & solid flavours, and energy boosts in confectionery products drive the growth and development of the confectionery market worldwide. Wide range of confectionery products are vended through various retail channels such as hypermarkets, supermarkets, convenience stores, discounters, forecourt retailers, and grocery stores. These stores act as Middle East and Africa marketing tool, assisting in building an impressive brand image and raise brand exposure of wide variety of products.
Request for Sample Brochure: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/request-sample
Sugar is the key ingredient responsible for prevalence of obesity and diabetes making this the primary restraint of this market. Primary raw materials used in confectionery production are sugar and cocoa. Cocoa prices are unstable and can be affected by a series of factors, like political instability, extreme weather, and pests & disease. Additionally, increase in supply demand gap in chocolate industry has increased the prices of cocoa beans. Sugar prices grew owing to less production and more demand.
Inquire before buying: https://www.marketdataforecast.com/market-reports/middle-east-and-africa-confectionary-market-5227/inquire
The market is categorized by type. By type the market is segregated into Sugar, Chocolate, Fine Bakery Wares, and Others. Sugar is further sub-segmented into Hard-boiled sweets, Caramels & Toffees, Gums & Jellies, Medicated Confectionary, Mints and others. Chocolate is further sub-segmented into White, Milk and Dark.
By geography the market is segmented into Middle East and Africa. It is last in terms of market share.
Key players in the market include Delfi Limited (Singapore), Ezaki Glico Co., Ltd. (Japan), Ferrero SpA (Italy), Lindt & Sprüngli AG (Switzerland), Lotte Confectionery Co. Ltd. (South Korea), Mars, Incorporated (U.S.), Mondelez International, Inc. (U.S.), Nestlé S.A. (Switzerland), The Hershey Company (U.S.), and Wm. Wrigley Jr. Company (U.S.).
Market Segmentation
Type
Introduction
Sugar
Hard-boiled Sweets
Caramells & Toffees
Gums & Jellies
Medicated Confectionary
Mints
Others
Chocolate
White
Milk
Dark
Fine Bakery Wares
Others
The scope of the report provides:
• The evaluation of the current market for your product or services and the future implications of the market
• Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
• Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
• Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
• The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces
• The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
• Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
• Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
• Equip you with the information providing with the investment opportunities in the industry
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.
Contact Information:
Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results