Market Forecast By Types (Pastilles, Jellies, Caramel & Toffees, Hard-Boiled Sweets, Medicated Confectionery, Mint, Gums, Others (marshmallows, nougat, lollipops, licorice, etc.)), By Packaging Types (Sachet, Box & Others), By Distribution Channels (Retail Stores, Online Stores & Others) and competitive landscape
Product Code: ETC002351 | Publication Date: Apr 2020 | Updated Date: Feb 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Kenya Sugar Confectionery Market is anticipated to register growth in the upcoming years on the back of changing lifestyles and increasing disposable income of the consumer. Moreover, the high demand for premium products is further fuelling the growth of the sugar confectionery market. However, economic slowdown due to the COVID-19 virus outbreak is expected to reduce consumer spending in the near term, thus acting as a restraint for the sugar confectionery market.
According to 6Wresearch, Kenya Sugar Confectionery Market is anticipated to register growth during 2020-2026F. The government of Kenya has come up with the “Kenya Vision 2030” initiative aimed to transform the country into a newly industrializing, middle-income country providing high-quality products for the domestic and international market by 2030. Further, Kenya’s government has come up with “Powering Regional Integration through Trade” aimed to focus on enhancing local retail sourcing by providing financial and non-financial information and promoting intra-regional trade in the country. Moreover, the African development bank has adopted a ten-years strategy (2016-2025) aimed to accelerate investment in the retailing sector of the country, thus creating ample demand for sugar confectionery in Kenya’s market.
The Kenya Sugar Confectionery market report thoroughly covers the market by types, packaging types, and distribution channels. Kenya Sugar Confectionery market outlook report provides an unbiased and detailed analysis of the on-going Kenya Sugar Confectionery market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Kenya sugar confectionery market is estimated to register sound revenues in the coming timeframe on the back of rising urbanization coupled with increased supermarkets and stores which contains kids’ favorite sugar products such as toffees, caramels, and marshmallows which attracts children and is leading to increasing consumption rate with rising demand in the market. Further, rising disposable income is the factor in driving prominent market share owing to increased affordability to buying premium sugar-based confectionery products coupled with rising supermarkets and bakeries offers a wide variety of mouthwatering sugar products and is estimated to spur the remarkable growth in the upcoming six years.
Key Highlights:
Markets Covered
The Kenya Sugar Confectionery Market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Kenya Sugar Confectionery Market Overview |
3.1. Kenya Sugar Confectionery Market Revenues & Volume, 2016-2026F |
3.2. Kenya Sugar Confectionery Market – Industry Life Cycle |
3.3. Kenya Sugar Confectionery Market – Porter’s Five Forces |
3.4. Kenya Sugar Confectionery Market Revenue & Volume Share, By Packaging Types, 2019 & 2026F |
3.5. Kenya Sugar Confectionery Market Revenue & Volume Share, By Types, 2019 & 2026F |
3.6. Kenya Sugar Confectionery Market Revenue & Volume Share, By Distribution Channels, 2019 & 2026F |
4. Kenya Sugar Confectionery Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Kenya Sugar Confectionery Market Trends |
6. Kenya Sugar Confectionery Market Overview, By Packaging Types |
6.1. Kenya Sachet Packaging Types Sugar Confectionery Market Revenues & Volume, 2016-2026F |
6.2. Kenya Box Packaging Types Sugar Confectionery Market Revenues & Volume, 2016-2026F |
6.3. Kenya Others Packaging Types Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7. Kenya Sugar Confectionery Market Overview, By Types |
7.1. Kenya Pastilles Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.2. Kenya Gums Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.3. Kenya Jellies Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.4. Kenya Caramel & Toffees Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.5. Kenya Hard-Boiled Sweets Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.6. Kenya Medicated Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.7. Kenya Mint Sugar Confectionery Market Revenues & Volume, 2016-2026F |
7.8. Kenya Others Sugar Confectionery Market Revenues & Volume, 2016-2026F |
8. Kenya Sugar Confectionery Market Overview, By Distribution Channels |
8.1. Kenya Sugar Confectionery Market Revenues, By Retail Stores Distribution Channels, 2016-2026F |
8.2. Kenya Sugar Confectionery Market Revenues, By Online Stores Distribution Channels, 2016-2026F |
8.3. Kenya Sugar Confectionery Market Revenues, By Others Distribution Channels, 2016-2026F |
9. Kenya Sugar Confectionery Market Key Performance Indicators |
10. Kenya Sugar Confectionery Market Opportunity Assessment |
10.1. Kenya Sugar Confectionery Market Opportunity Assessment, By Packaging Types, 2026F |
10.2. Kenya Sugar Confectionery Market Opportunity Assessment, By Type, 2026F |
10.3. Kenya Sugar Confectionery Market Opportunity Assessment, By Distribution Channels, 2026F |
11. Kenya Sugar Confectionery Market Competitive Landscape |
11.1. Kenya Sugar Confectionery Market Revenue Share, By Company, 2019 |
11.2. Kenya Sugar Confectionery Market Competitive Benchmarking, By Technical Parameters |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |