Armenia Candy Market (2025-2031) | Outlook, Segmentation, Share, Size, Growth, Value, Companies, Industry, Forecast, Trends, Revenue & Analysis

Market Forecast By Product Type (Chocolate Candy, Non-Chocolate Candy), By Distribution (Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, Others) And Competitive Landscape
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: Import Trend Analysis

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 Candy Market: Import Trend Analysis

Candy Market: Armenia vs Top 5 Major Economies in 2027 (Asia)


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.

Candy Market: Armenia vs Top 5 Major Economies in 2027 (Asia)

Armenia Candy Market Overview

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.

Drivers of the market

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.

Challenges of the market

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.

Government Policy of the market

Regulations cover food safety, labeling, and import standards, impacting candy imports and local production standards.

Key Highlights of the Report:

  • Armenia Candy Market Outlook
  • Market Size of Armenia Candy Market, 2024
  • Forecast of Armenia Candy Market, 2031
  • Historical Data and Forecast of Armenia Candy Revenues & Volume for the Period 2021-2031
  • Armenia Candy Market Trend Evolution
  • Armenia Candy Market Drivers and Challenges
  • Armenia Candy Price Trends
  • Armenia Candy Porter`s Five Forces
  • Armenia Candy Industry Life Cycle
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Chocolate Candy for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Non-Chocolate Candy for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Distribution for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Convenience Stores for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Specialist Retailers for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Online Retail for the Period 2021-2031
  • Historical Data and Forecast of Armenia Candy Market Revenues & Volume By Others for the Period 2021-2031
  • Armenia Candy Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution
  • Armenia Candy Top Companies Market Share
  • Armenia Candy Competitive Benchmarking By Technical and Operational Parameters
  • Armenia Candy Company Profiles
  • Armenia Candy Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Armenia Candy Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Armenia Candy Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 assessment - trade Analytics for 2030

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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