Product Code: ETC040140 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Hungary Candy Market is projected to witness mixed growth rate patterns during 2025 to 2029. From 6.68% in 2025, the growth rate steadily ascends to 9.24% in 2029.
By 2027, Hungary's Candy market is forecasted to achieve a stable growth rate of 4.49%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.
The candy market in Hungary is evolving, driven by changing consumer preferences, increasing disposable incomes, and the growing popularity of indulgent treats. Traditional candies, including chocolates, gummies, and hard candies, remain popular among consumers of all age groups. However, there is a rising demand for healthier and premium options, such as organic, sugar-free, and artisanal candies, reflecting the growing health consciousness and preference for quality ingredients among consumers.
The Hungary Candy market is experiencing steady growth fueled by shifting consumer preferences towards indulgent and convenient snacking options. Candy products, including chocolates, gums, candies, and confectionery, are widely consumed across age groups in Hungary, driven by their affordability and wide availability. Furthermore, the introduction of innovative flavors, packaging formats, and product varieties by manufacturers is stimulating market growth, catering to evolving consumer tastes and preferences. Moreover, the growing trend of gifting candies on special occasions and festivals is further bolstering market demand in Hungary.
The Hungary market for candy faces several challenges. One significant obstacle is the growing health consciousness among consumers, leading to a shift towards healthier snack options and reduced consumption of sugary products. This changing consumer preference poses challenges for candy manufacturers in Hungary to innovate and develop healthier alternatives without compromising taste and texture. Moreover, increasing competition from imported candies and confectionery products may impact the market share of domestic manufacturers. Additionally, fluctuations in raw material prices, particularly sugar and cocoa, can affect production costs and pricing strategies, influencing profitability in the Hungary candy market.
In Hungary, the candy market is subject to governmental policies aimed at promoting public health and regulating food additives. Measures include strict labeling requirements to inform consumers about ingredients and nutritional content, restrictions on advertising targeting children, and initiatives to combat obesity and dental health issues through education and awareness campaigns.
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 Hungary Candy Market Overview |
3.1 Hungary Country Macro Economic Indicators |
3.2 Hungary Candy Market Revenues & Volume, 2019 & 2026F |
3.3 Hungary Candy Market - Industry Life Cycle |
3.4 Hungary Candy Market - Porter's Five Forces |
3.5 Hungary Candy Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Hungary Candy Market Revenues & Volume Share, By Distribution, 2019 & 2026F |
4 Hungary Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Hungary Candy Market Trends |
6 Hungary Candy Market, By Types |
6.1 Hungary Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Hungary Candy Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Hungary Candy Market Revenues & Volume, By Chocolate Candy, 2016 - 2026F |
6.1.4 Hungary Candy Market Revenues & Volume, By Non-Chocolate Candy, 2016 - 2026F |
6.2 Hungary Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Hungary Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.2.3 Hungary Candy Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.4 Hungary Candy Market Revenues & Volume, By Specalist Retailers, 2016 - 2026F |
6.2.5 Hungary Candy Market Revenues & Volume, By Online Retail, 2016 - 2026F |
6.2.6 Hungary Candy Market Revenues & Volume, By Others, 2016 - 2026F |
7 Hungary Candy Market Import-Export Trade Statistics |
7.1 Hungary Candy Market Export to Major Countries |
7.2 Hungary Candy Market Imports from Major Countries |
8 Hungary Candy Market Key Performance Indicators |
9 Hungary Candy Market - Opportunity Assessment |
9.1 Hungary Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Hungary Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F |
10 Hungary Candy Market - Competitive Landscape |
10.1 Hungary Candy Market Revenue Share, By Companies, 2019 |
10.2 Hungary Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |