Product Code: ETC5378290 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Gabon Candy Market is projected to witness mixed growth rate patterns during 2025 to 2029. Growth accelerates to 5.90% in 2028, following an initial rate of 4.06%, before easing to 4.80% at the end of the period.
The Candy market in Gabon is projected to grow at a growing growth rate of 5.74% by 2027, within the Africa region led by Egypt, along with other countries like South Africa, Ethiopia, Algeria and Nigeria, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The candy market in Gabon is experiencing steady growth, influenced by a growing consumer preference for sweet treats and indulgent confectionery. This market is also being shaped by the increasing disposable income and urbanization, which drives demand for a variety of candy products such as chocolates, gummies, hard candies, and lollipops. Manufacturers are focusing on offering new flavors, healthier options, and innovative packaging to attract both traditional and health-conscious consumers.
The candy market in Gabon is driven by the growing young population and the increasing demand for affordable, indulgent treats. As the middle class expands and disposable income rises, there is a greater demand for a variety of confectionery products, including candies and chocolates. Furthermore, the influence of global candy brands and local innovations in flavor and packaging is contributing to the markets growth.
The candy market in Gabon faces challenges from low consumer purchasing power, which affects the affordability of confectionery products. Limited local production capacity and high import costs increase product prices. Furthermore, competition from other affordable snack options and health concerns associated with sugar consumption impact demand.
Government support for local food manufacturing and the promotion of food safety and health standards could encourage growth in the candy market. Policies focusing on consumer health and the development of food production industries could lead to an increase in domestic candy production and consumption.
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 Gabon Candy Market Overview |
3.1 Gabon Country Macro Economic Indicators |
3.2 Gabon Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Gabon Candy Market - Industry Life Cycle |
3.4 Gabon Candy Market - Porter's Five Forces |
3.5 Gabon Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gabon Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Gabon Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gabon Candy Market Trends |
6 Gabon Candy Market Segmentations |
6.1 Gabon Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gabon Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.3 Gabon Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Gabon Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Gabon Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Gabon Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Gabon Candy Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Gabon Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Gabon Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Gabon Candy Market Import-Export Trade Statistics |
7.1 Gabon Candy Market Export to Major Countries |
7.2 Gabon Candy Market Imports from Major Countries |
8 Gabon Candy Market Key Performance Indicators |
9 Gabon Candy Market - Opportunity Assessment |
9.1 Gabon Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gabon Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Gabon Candy Market - Competitive Landscape |
10.1 Gabon Candy Market Revenue Share, By Companies, 2024 |
10.2 Gabon Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |