Norway Confectionery Market Analysis (2013 - 2023)

Overview

The data guide on Confectionery provides a complete overview of the market during the period 2010-2018, while the forecast data is provided till 2023. The data guide comprises retail sales, of various categories within Confectionery, such as Gum, Snack Bars, and Chocolate, along with their values, volume and channels of distribution. Furthermore, it provides an in-depth analysis of the various segments in the Confectionery market, along with their growth perspective, which is expected to help in venturing into specific growth areas.

This guide helps in making well-informed business decisions, primarily regarding the latest market trends and product developments. Extensive secondary and primary researches/interviews are conducted as a part of the market analysis.

Glimpse of the report

The Norway Confectionery market has been recording a CAGR of 2.18% since 2010. The Snack Bars category has shown the highest growth since 2010 with a CAGR of 4.58%, and surpassed volume consumption of 2.227 Mn Kg in 2018. The Toffees, Caramels and Nougat segment is expected to dominate the Snack Bars sales during the forecast period.Convenience Stores remain an important distribution channel for the Confectionery sales.

Some of the Key Takeaways

• Energy Bars constitute the leading segment in Snack Bars category which has a per capita consumption of 0.1380 Kg in 2018.


• Norway Confectionery sales through On-line Retail channel recorded an impressive CAGR of 16.75% during 2010-2018.


• The Medicated Confectionery segment is expected to witness a healthy value CAGR of 4.1% during the forecast period.