Algeria Confectionery Market (2020-2026) | Value, Size, Analysis, Companies, Share, Revenue, COVID-19 IMPACT, Outlook, Forecast, Growth, Trends & Industry

Market Forecast By Type (Sugar, Chocolate, Fine Bakery Wares, Others), By Distribution Channel (Supermarket/Hypermarket, Specialist Retailers, Online Retail Stores, Convenience Stores, Other Distribution Channels) And Competitive Landscape
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 Competition 2023


Algeria Confectionery Market Synopsis

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.

Drivers:

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.

Challenges:

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.

Key Highlights of the Report:

  • Algeria Confectionery Market Outlook
  • Market Size of Algeria Confectionery Market, 2019
  • Forecast of Algeria Confectionery Market, 2026
  • Historical Data and Forecast of Algeria Confectionery Revenues & Volume for the Period 2016 - 2026
  • Algeria Confectionery Market Trend Evolution
  • Algeria Confectionery Market Drivers and Challenges
  • Algeria Confectionery Price Trends
  • Algeria Confectionery Porter's Five Forces
  • Algeria Confectionery Industry Life Cycle
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Type for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Sugar for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Chocolate for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Fine Bakery Wares for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Others for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Distribution Channel for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Supermarket/Hypermarket for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Specialist Retailers for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Online Retail Stores for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Convenience Stores for the Period 2016 - 2026
  • Historical Data and Forecast of Algeria Confectionery Market Revenues & Volume By Other Distribution Channels for the Period 2016 - 2026
  • Algeria Confectionery Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution Channel
  • Algeria Confectionery Top Companies Market Share
  • Algeria Confectionery Competitive Benchmarking By Technical and Operational Parameters
  • Algeria Confectionery Company Profiles
  • Algeria Confectionery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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

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