Product Code: ETC5378291 | 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 Gambia Candy Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate starts at 11.13% in 2025 and reaches 11.62% by 2029.
The Candy market in Gambia is projected to grow at a high growth rate of 10.58% 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 Gambia is expanding, driven by growing consumer demand for confectionery products across all age groups. As disposable incomes rise and the middle-class population expands, the demand for a variety of candies, including chocolates, gummies, and hard candies, is increasing. The market is further supported by the rise in retail outlets and the introduction of new candy flavors and packaging. The candy industrys growth is expected to be fueled by evolving consumer tastes and preferences, particularly among younger generations.
The Gambia candy market is driven by the increasing demand for sugary and confectionery products, particularly among children and young adults. As disposable incomes rise and retail outlets expand, access to a wide variety of candy products is improving. The growing influence of Western food culture and the rising popularity of international candy brands are contributing to the growth of this market. Additionally, the increasing use of candies as promotional tools and gifts further supports market growth.
The Candy Market in Gambia faces challenges related to inconsistent supply chains, high production costs, and a lack of local manufacturing capabilities. The candy industry in Gambia is heavily reliant on imports, leading to high retail prices for consumers. Additionally, limited awareness of local flavor preferences and a lack of innovation in candy products make it difficult for local manufacturers to compete with international brands.
The Gambian government supports the growth of the confectionery industry through policies aimed at fostering small and medium enterprises (SMEs) in the food sector. Subsidies for local sugar producers and reduced tariffs on imported candy-making machinery drive market growth. Food labeling regulations ensure transparency and consumer protection.
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 Gambia Candy Market Overview |
3.1 Gambia Country Macro Economic Indicators |
3.2 Gambia Candy Market Revenues & Volume, 2021 & 2031F |
3.3 Gambia Candy Market - Industry Life Cycle |
3.4 Gambia Candy Market - Porter's Five Forces |
3.5 Gambia Candy Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Gambia Candy Market Revenues & Volume Share, By Distribution, 2021 & 2031F |
4 Gambia Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Gambia Candy Market Trends |
6 Gambia Candy Market Segmentations |
6.1 Gambia Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Gambia Candy Market Revenues & Volume, By Chocolate Candy, 2021-2031F |
6.1.3 Gambia Candy Market Revenues & Volume, By Non-Chocolate Candy, 2021-2031F |
6.2 Gambia Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Gambia Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.3 Gambia Candy Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.4 Gambia Candy Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.5 Gambia Candy Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.6 Gambia Candy Market Revenues & Volume, By Others, 2021-2031F |
7 Gambia Candy Market Import-Export Trade Statistics |
7.1 Gambia Candy Market Export to Major Countries |
7.2 Gambia Candy Market Imports from Major Countries |
8 Gambia Candy Market Key Performance Indicators |
9 Gambia Candy Market - Opportunity Assessment |
9.1 Gambia Candy Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Gambia Candy Market Opportunity Assessment, By Distribution, 2021 & 2031F |
10 Gambia Candy Market - Competitive Landscape |
10.1 Gambia Candy Market Revenue Share, By Companies, 2024 |
10.2 Gambia Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |