| Product Code: ETC5378284 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The candy market in Equatorial Guinea is growing as consumer preferences shift toward sweet and confectionery products. The rising disposable income and urbanization in the country contribute to the increasing demand for candy, particularly among the younger population. The market is also supported by the growing retail industry, which provides greater access to a wide variety of candy products. However, challenges such as health concerns over sugar consumption and the fluctuating prices of raw materials may affect market growth.
The candy market benefits from a young population and growing disposable income. Confectionery products are popular, particularly around cultural festivals and events, leading to consistent demand for sweets and candies.
The candy market in Equatorial Guinea encounters challenges with high import costs that lead to higher prices for consumers. Additionally, limited cold chain infrastructure makes it difficult to store and distribute candies effectively. Consumer purchasing power is relatively low, which further restricts demand in this market.
Government food policies, particularly those aimed at improving local food processing and ensuring food quality, impact the candy market in Equatorial Guinea. If the government encourages local manufacturing of food products, including confectionery, it could increase demand for candy. Additionally, policies supporting consumer goods production and enforcing food quality standards would drive growth in this market.
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 Equatorial Guinea Candy Market Overview |
3.1 Equatorial Guinea Country Macro Economic Indicators |
3.2 Equatorial Guinea Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Equatorial Guinea Candy Market - Industry Life Cycle |
3.4 Equatorial Guinea Candy Market - Porter's Five Forces |
3.5 Equatorial Guinea Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Equatorial Guinea Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Equatorial Guinea Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing urbanization and increasing disposable income in Equatorial Guinea leading to higher consumer spending on confectionery products. |
4.2.2 Changing consumer preferences towards indulging in sweets and candies as a result of evolving taste preferences and exposure to global trends. |
4.2.3 Expansion of retail channels and e-commerce platforms providing easier access to a variety of candy products in the market. |
4.3 Market Restraints |
4.3.1 High import tariffs and taxes on raw materials for candy production, leading to increased production costs and potentially higher prices for consumers. |
4.3.2 Limited domestic production and reliance on imported candy products, which can be impacted by supply chain disruptions and currency fluctuations. |
5 Equatorial Guinea Candy Market Trends |
6 Equatorial Guinea Candy Market Segmentations |
6.1 Equatorial Guinea Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Equatorial Guinea Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.3 Equatorial Guinea Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Equatorial Guinea Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Equatorial Guinea Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Equatorial Guinea Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Equatorial Guinea Candy Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Equatorial Guinea Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Equatorial Guinea Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Equatorial Guinea Candy Market Import-Export Trade Statistics |
7.1 Equatorial Guinea Candy Market Export to Major Countries |
7.2 Equatorial Guinea Candy Market Imports from Major Countries |
8 Equatorial Guinea Candy Market Key Performance Indicators |
8.1 Per capita consumption of candy in Equatorial Guinea. |
8.2 Number of new product launches and innovations in the Equatorial Guinea candy market. |
8.3 Consumer sentiment and preferences towards different types of candy products in the market. |
8.4 Retail distribution reach and penetration of candy products in urban and rural areas of Equatorial Guinea. |
8.5 Investment and growth opportunities in the local candy manufacturing sector. |
9 Equatorial Guinea Candy Market - Opportunity Assessment |
9.1 Equatorial Guinea Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Equatorial Guinea Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Equatorial Guinea Candy Market - Competitive Landscape |
10.1 Equatorial Guinea Candy Market Revenue Share, By Companies, 2024 |
10.2 Equatorial Guinea Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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