Product Code: ETC018191 | Publication Date: Jun 2023 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Algeria confectionery market is projected to register a CAGR of 4.7% in terms of value during 2020-2026. The country’s confectionery industry has witnessed considerable growth over the past few years, on account of an increase in disposable incomes and a range of flavors offered by leading brands. Furthermore, with the emergence of local manufacturers offering private labels at competitive prices, Algeria confectionery market is expected to witness further growth during the forecast period (2020-2026). Apart from this, initiatives undertaken by various government agencies to promote health awareness among citizens are also likely to have a positive impact on consumption levels across different product categories such as chocolates and sugar confectionery products.
1) Increase in Disposable Incomes: Recent economic developments in Algeria have resulted in an increased disposable income among people which is driving consumer spending towards food & beverages including confectioneries. Moreover, new product launches with innovative flavors along with attractive packaging designs are impacting purchase decisions across multiple price points positively resulting into higher sales for candy stores as well as large retail chains operating within the country. 2) Growing Preference towards Private Labels: Increasing popularity for private labels amongst consumers due their cost effective nature will remaina favorable factor propelling demand for these products within Algeria`s retail landscape over the next few years. This trend can be attributed to presence of numberous domestic manufactures catering specifically to modern trade segment while some major players like Mondelez International operate both traditional and modern channels throughtouthe region. 3) Initiatives Undertaken By Government Agencies : Various steps taken by Algerian Government under their national nutrition program have created positive environment for healthy eating habits amongst citizens thus providing impetus on consumption levels across all categories including chocolate and sugar confections . Additionally , introduction of low calorie versionof popular treats coupled with growing availability through supermarkets , hypermarketsand convenience stores remains key drivers contributing steady growth rate throughout upcomingyears.
1) High Taxes On Imports : Despite efforts made by regional governments , high taxes imposedon imported items continue hamper overallgrowth prospects within sector . These levies make it difficultfor international firms compete againstlocal suppliers which results declinein sale figures particularly premium brackets causing downward pressure margins . Asresult , retailers find themselves struggling strike balance between maintaining rational priceswhile adequately satisfying customerstaste preferences ultimately leading sluggish expansion ratesover medium term horizon.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Algeria Confectionery Market Overview |
3.1 Algeria Country Macro Economic Indicators |
3.2 Algeria Confectionery Market Revenues & Volume, 2019 & 2026F |
3.3 Algeria Confectionery Market - Industry Life Cycle |
3.4 Algeria Confectionery Market - Porter's Five Forces |
3.5 Algeria Confectionery Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Algeria Confectionery Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Algeria Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Algeria Confectionery Market Trends |
6 Algeria Confectionery Market, By Types |
6.1 Algeria Confectionery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Algeria Confectionery Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Algeria Confectionery Market Revenues & Volume, By Sugar, 2016 - 2026F |
6.1.4 Algeria Confectionery Market Revenues & Volume, By Chocolate, 2016 - 2026F |
6.1.5 Algeria Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2016 - 2026F |
6.1.6 Algeria Confectionery Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Algeria Confectionery Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Algeria Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2016 - 2026F |
6.2.3 Algeria Confectionery Market Revenues & Volume, By Specialist Retailers, 2016 - 2026F |
6.2.4 Algeria Confectionery Market Revenues & Volume, By Online Retail Stores, 2016 - 2026F |
6.2.5 Algeria Confectionery Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.6 Algeria Confectionery Market Revenues & Volume, By Other Distribution Channels, 2016 - 2026F |
7 Algeria Confectionery Market Import-Export Trade Statistics |
7.1 Algeria Confectionery Market Export to Major Countries |
7.2 Algeria Confectionery Market Imports from Major Countries |
8 Algeria Confectionery Market Key Performance Indicators |
9 Algeria Confectionery Market - Opportunity Assessment |
9.1 Algeria Confectionery Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Algeria Confectionery Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Algeria Confectionery Market - Competitive Landscape |
10.1 Algeria Confectionery Market Revenue Share, By Companies, 2019 |
10.2 Algeria Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |