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Saudi Arabia Confectionery Market Forecast & Opportunities, 2018 Product Image

Saudi Arabia Confectionery Market Forecast & Opportunities, 2018

  • Published: March 2013
  • Region: Saudi Arabia
  • 75 Pages
  • TechSci Research

FEATURED COMPANIES

  • Ferrero Group
  • Hershey Foods Corporation
  • Krafts Foods
  • Mars Inc
  • Nestle
  • Perfetti Van Melle Group
  • MORE

Saudi Arabia is one of the fastest growing economies in the Middle Easter region with its huge population and stable political environment the country is continuously progressing in almost every industry. The confectionery industry in Saudi Arabia is also one of the fastest growing markets which has witnessed the tremendous growth in the last two years. The industry has a positive outlook due to unprecedented growth in the food retail sector, rising per capita income and demand for healthy confectionery goods.

According to “Saudi Arabia Confectionery Market Forecast & Opportunities, 2018” the confectionery market in Saudi Arabia is expected to grow at the CAGR of 14% in terms of volume to reach 1,85,883 Tonnes by 2018. The chewing gum segment demand is expected to rise at a much higher rate when compared with chocolate and sugar confectionery segment. The report details about Saudi Arabia confectionery market, its growth prospects and opportunities. It is anticipated that with the introduction of organic and functional confectionery in the market with give new dimensions to the industry in the coming years which will keep major manufacturers aggressive in the READ MORE >

1. Executive Summary

2. Global Confectionery Market Overview
2.1. Market Size
2.1.1. By Value
2.1.2. By Volume
2.2. Market Share
2.2.1. By Region
2.2.2. By Segment
2.2.3. By Company
2.2.4. By Distribution Channel

3. Saudi Arabia Confectionary Market Overview
3.1. Market Size
3.1.1. By Value
3.1.2. By Volume
3.2. Market Share
3.2.1. By Region
3.2.2. By Segment
3.2.3. By Seasonal Sales
3.2.4. By Distribution Channel
3.3. Trade Dynamics
3.3.1. By Import
3.3.2. By Export

4. Industry Risk Analysis

5. Raw Material Analysis

6. Saudi Arabia Economic Profile

7. Market Dynamics
7.1. Drivers
7.2. Challenges

8. Policy and Regulatory Framework

9. Market Trends and Development
9.1. Organic Confectionery
9.2. Healthy and Functional Confectionery
9.3. Imported Confectionery
9.4. Premiumisation
9.5. Environment Friendly Packaging

10. Competitive Landscape
10.1. Porter’s Five Forces Analysis
10.2. Company Profiles
10.2.1. Krafts Foods
10.2.2. Mars Inc
10.2.3. Nestle
10.2.4. Hershey Foods Corporation
10.2.5. ShirinAsal Company
10.2.6. Ferrero Group
10.2.7. Unilever Group
10.2.8. Strauss Elite
10.2.9. Perfetti Van Melle Group
10.2.10. DadashBaradar Industrial Company

11. Strategic Recommendations

12. Research Methodology

List of Figures

Figure 1: Global Confectionery Market Size, By Value, 2008-2012E (USD Billion)
Figure 2: Global Confectionery Market Size, By Value, 2013F-2018F, (USD Billion)
Figure 3: Global Confectionery Market Size, By Volume, 2008-2012E (Billion Kilograms)
Figure 4: Global Confectionery Market Size, By Volume, 2012E-2018F (Billion Kilograms)
Figure 5: Global Confectionery Market Share, By Region, 2012E
Figure 6: Global Confectionery Market Share, By Region, 2018F
Figure 7: Global Market Share, By Segment, 2012E
Figure 8: Global Market Share, By Segment, 2018F
Figure 9: Global Confectionery Market Share, By Company, 2012E
Figure 10: Global Confectionery Market Share By Company, 2018F
Figure 11: Global Confectionery Market Share By Distribution Channel, 2012E
Figure 12: Saudi Arabia Confectionery Market Size, By Value, 2008-2012E (USD Billion)
Figure 13: Saudi Arabia Confectionery Market Size, By Value, 2012E-2018F (USD Billion)
Figure 14: Saudi Arabia Confectionery Market Size, By Volume, 2008-2012E (Tonnes)
Figure 15: Saudi Arabia Confectionery Market Size, By Volume, 2012E-2018F (Tonnes)
Figure 16: Saudi Arabia Confectionery Market Share, By Region, 2012E
Figure 17: Saudi Arabia Confectionery Market Share, By Region, 2018F
Figure 18: Saudi Arabia Market Share, By Segment, 2012E
Figure 19: Saudi Arabia Market Share, By Segment, 2018F
Figure 19: Saudi Arabia Market Share, By Seasonal Sales, 2012E
Figure 20: Saudi Arabia Market Share, By Distribution Channel, 2012E
Figure 21: Saudi Arabia Confectionery Imports, 2007-2010 (USD Million)
Figure 22: Saudi Arabia Confectionery Exports, 2007-2010 (USD Million)
Figure 23: Saudi Arabia GDP and GDP Growth Rate, 2010-2016F, (USD)
Figure 24: Saudi Arabia GDP Per Capita, 2010-2016F, (USD)
Figure 25: Saudi Arabia GDP by PPP Per Capita, 2010-2016F (USD)
Figure 26: Saudi Arabia Inflation Rate, by Consumer Price Changes, 2010-2016F
Figure 27: Saudi Arabia Population Chart, 2010-2016F, (Million)
Figure 28: Porter’s Five Forces Analysis

List of Tables

Table 1: Industry Risk Analysis
Table 2: Sugar Suppliers in Saudi Arabia
Table 3: Milk Powder Suppliers in Saudi Arabia
Table 4: Saudi Arabia, Prices of Sugar, USD, 2012E
Table 5: Tariffs and Taxes Levied by Saudi Arabia
Table 6: Content Restrictions on Manufacturing of Chewing Gums
Table 7: Content Restrictions on Manufacturing of Candies
Table 8: Content Restrictions on Manufacturing of Chocolates
Table 9: Snapshot - Kraft Foods Group Inc.
Table 10: Snapshot - Mars Inc.
Table 11: Snapshot - Nestle S.A.
Table 12: Snapshot - Hershey Foods Corporation
Table 13: Snapshot - ShirinAsal Company
Table 14: Snapshot - Ferrero S.A
Table 15: Snapshot - Unilever Group
Table 16: Snapshot - Strauss Elite
Table 17: Snapshot - Perfetti Van Melle Group
Table 18: Snapshot - DadashBaradar Industrial Company

"Saudi Arabia Confectionary Market Set To Grow With 12% CAGR Says TechSci Research

Increasing consumerism accompanied by increased consumer’s spending and growth of organized retailing is driving the demand for confectionery in Saudi Arabia

According to the recently published report by TechSci Research “Saudi Arabia Confectionery Market Forecast & Opportunities, 2018” confectionery market in Saudi Arabia is expected to witness the CAGR of around 12% during 2013-2018. Confectionery industry is the most popular in the food processing sector and with the increasing demand of high end confectionery; international companies are entering into the market through collaborations and acquisitions in order to increase their share in the market.

It is forecasted that Saudi Arabia confectionery market will reach USD 2.26 Billion (SAR 8.4 Billion) revenues by 2018 due to increasing gifting culture and the income bracket which will fuel the demand for confectionery products in Saudi Arabia. Saudi Arabia confectionery market is divided into three segments with Chocolate segment being 55% of the market, sugar confectionery accounting for 24% of the market and chewing gum being 21% of the total confectionery market. It has been expected that demand for chewing gum segment will increase in the coming years due to increasing health concerns among the people and shift in the target consumer base.

Global confectionery market has witnessed a slow up in the last few years due to 2009 euro crisis and its post economic crisis. The global confectionery market has shown an upward trend since 2010 with the improvement in the economy. Western Europe accounts for the largest market for confectionery followed by North America and Asia Pacific. With the increased consumption of confectionery and traditional role of sweets in the country, the market is expected to accelerate in the coming five years.

The Saudi Arabia confectionery market is dominated by Krafts Food being the market leader followed by Mars and Nestle. Local manufacturers also play a significant role in the confectionery market due to proximity to the market and increasing awareness among the consumers. Saudi Arabia imports chocolate confectionery and sugar confectionery from countries namely Italy, Spain, Germany and Belgium. Increasing imports from different countries due to high quality can act as a challenge for the country’s economy and local manufacturers.

The confectionery industry has a considerable growth potential in the country but the area of concern lies in high input cost of raw materials such as sugar, cocoa, milk powder and increasing packaging cost. Increasing tariffs and rising custom duty makes the imported confectionery costly thereby affecting the wealth of the country.

The report has evaluated the future growth potential of confectionery market in Saudi Arabia and provides statistical information on market structure, market trends, market size, etc. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry

- Krafts Foods
- Mars Inc
- Nestle
- Hershey Foods Corporation
- ShirinAsal Company
- Ferrero Group
- Unilever Group
- Strauss Elite
- Perfetti Van Melle Group
- DadashBaradar Industrial Company

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