| Product Code: ETC5378252 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia candy market witnessed a notable import trend from 2023 to 2024, with a growth rate of 20.81%. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 5.96%. This import momentum could be attributed to evolving consumer preferences or increased market stability.

Armenia's Candy market is anticipated to experience a high growth rate of 14.71% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The Armenia candy market is evolving with changing consumer preferences towards healthier ingredients and exotic flavors. Local and international confectionery brands are introducing new product variants and packaging innovations to appeal to Armenian consumers, who are increasingly looking for indulgent yet natural and low-sugar options.
The Armenia candy market is experiencing growth due to changing consumer preferences towards confectionery products and increasing disposable incomes. There is a growing demand for a variety of candies, including chocolates, gums, and traditional Armenian sweets, driven by cultural preferences and festive occasions. Manufacturers are innovating with new flavors and packaging to attract a wider consumer base in Armenia.
In Armenia, the candy market faces challenges stemming from changing consumer preferences and dietary trends. Health-conscious consumption patterns drive demand for healthier alternatives, impacting traditional candy sales. Manufacturers must innovate to meet evolving taste preferences while adhering to stringent food safety regulations and labeling requirements. Economic factors, such as fluctuating raw material costs and currency exchange rates, also influence pricing strategies and profit margins within the competitive market landscape. Furthermore, distribution challenges across diverse retail channels and seasonal demand fluctuations add complexity to market operations and supply chain management.
Regulations cover food safety, labeling, and import standards, impacting candy imports and local production standards.
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 Armenia Candy Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Candy Market - Industry Life Cycle |
3.4 Armenia Candy Market - Porter's Five Forces |
3.5 Armenia Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Armenia Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Armenia Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the population in Armenia |
4.2.2 Growing preference for indulgence and confectionery products |
4.2.3 Expansion of retail channels and distribution networks in Armenia |
4.3 Market Restraints |
4.3.1 Rising health consciousness and concerns about sugar consumption |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Intense competition from imported confectionery brands |
5 Armenia Candy Market Trends |
6 Armenia Candy Market Segmentations |
6.1 Armenia Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Armenia Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.3 Armenia Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Armenia Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Armenia Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Armenia Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Armenia Candy Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Armenia Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Armenia Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Candy Market Import-Export Trade Statistics |
7.1 Armenia Candy Market Export to Major Countries |
7.2 Armenia Candy Market Imports from Major Countries |
8 Armenia Candy Market Key Performance Indicators |
8.1 Percentage growth in new product launches within the Armenian candy market |
8.2 Consumer sentiment and perception towards locally-produced candies |
8.3 Adoption rate of innovative packaging and flavors within the Armenian candy market |
9 Armenia Candy Market - Opportunity Assessment |
9.1 Armenia Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Armenia Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Armenia Candy Market - Competitive Landscape |
10.1 Armenia Candy Market Revenue Share, By Companies, 2024 |
10.2 Armenia Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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