Market Forecast By Type (Sugar, Chocolate, Fine Bakery Wares, Others), By Distribution Channel (Supermarket/Hypermarket, Specialist Retailers, Online Retail Stores, Convenience Stores, Other Distribution Channels) And Competitive Landscape
Product Code: ETC018187 | Publication Date: Jun 2023 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Lebanon Confectionery market currently, in 2023, has witnessed an HHI of 3236, Which has increased slightly as compared to the HHI of 1254 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Lebanon Confectionery Market |
Forecast period | 2025-2031 |
CAGR | 4% |
Growing Sector | Hospitality |
The Lebanon Confectionery Market report thoroughly covers the market by Type and Distribution Channel. The market report provides an unbiased and detailed analysis of the ongoing 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.
The Lebanon Confectionery Market has witnessed growth over the years and is projected to grow steadily in the coming years. Factors such as demand for premium products, rise in disposable income, government initiatives, and demand for organic confectionery products have raised the demand for the market. However, despite growing the market also faces challenges that hamper the growth rate of the market.
According to 6Wresearch, the Lebanon Confectionery Market size is expected to grow at a significant CAGR of 4% during 2025-2031. One of the key drivers of this growth is the rise in demand for premium and indulgent confectionery products. Lebanese consumers are increasingly willing to spend more on high-quality treats, especially during festive seasons and special occasions. Another factor that has contributed to the growth of the confectionery market in Lebanon is the shift in consumer preferences towards healthier options. With rising awareness about health and wellness, consumers are seeking out confectionery products that are made with natural ingredients, free from additives and preservatives, and have lower sugar content. This has led to an increase in demand for organic, gluten-free, and vegan confectionery products in the market. Additionally, the rise in disposable income among Lebanese consumers has also played a significant role in driving the growth of the confectionery market. As people have more money to spend on non-essential items, they are more likely to indulge in premium confectionery products.
One major challenge is the increasing competition from local as well as international brands. Another challenge facing the confectionery market in Lebanon is rising health concerns among consumers.
The Lebanon confectionery market is highly competitive with both local and multinational companies vying for a share of the market. Some of the key players in the industry include Patchi, Malban Factory, Halwani Bros Co., Ferrero Rocher, Nestle Middle East Food & Beverage Division, and Mondelez International. These companies offer a wide range of confectionery products such as chocolates, candies, and traditional Lebanese sweets like baklava and maamoul.
One of the key government policies that has greatly impacted the confectionery market is the National Food Safety Action Plan. Moreover, to increase local production and reduce reliance on imports, the government has implemented various measures such as tax incentives for investments in the food processing industry, providing subsidies for equipment purchases, and offering technical assistance to small and medium-sized confectionery businesses. The Ministry of Economy and Trade has participated in various food trade shows and exhibitions to showcase the country's diverse range of confectionery products and attract potential buyers.
The outlook for the Lebanon confectionery market is positive with expected growth in demand for sweets and chocolates. With a growing population and increasing disposable income levels, there has been a rise in consumer spending on indulgent treats like confectioneries. Moreover, the growing trend towards convenience snacking has also fueled the demand for grab-and-go snacks like candies and gums. The market is also witnessing a shift towards healthier and organic options, with many manufacturers introducing products made from natural ingredients. The rise of e-commerce has also opened up new opportunities for the confectionery market in Lebanon, allowing players to reach a wider consumer base beyond traditional retail channels.
According to Ravi Bhandari, Research Head, 6Wresearch, the chocolate segment is expected to witness significant growth in the coming years. This can be attributed to the increasing demand for premium and gourmet chocolates, as well as the rising popularity of dark chocolate due to its health benefits.
Based on the distribution channels, the supermarket/hypermarket segment dominates the confectionery sales in Lebanon. This can be attributed to the convenience and variety offered by these retailers.
The report provides a detailed analysis of the following market segments:
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 Lebanon Confectionery Market Overview |
3.1 Lebanon Country Macro Economic Indicators |
3.2 Lebanon Confectionery Market Revenues & Volume, 2021 & 2031F |
3.3 Lebanon Confectionery Market - Industry Life Cycle |
3.4 Lebanon Confectionery Market - Porter's Five Forces |
3.5 Lebanon Confectionery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Lebanon Confectionery Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Lebanon Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Lebanon Confectionery Market Trends |
6 Lebanon Confectionery Market, By Types |
6.1 Lebanon Confectionery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Lebanon Confectionery Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Lebanon Confectionery Market Revenues & Volume, By Sugar, 2021 - 2031F |
6.1.4 Lebanon Confectionery Market Revenues & Volume, By Chocolate, 2021 - 2031F |
6.1.5 Lebanon Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2021 - 2031F |
6.1.6 Lebanon Confectionery Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Lebanon Confectionery Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Lebanon Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2021 - 2031F |
6.2.3 Lebanon Confectionery Market Revenues & Volume, By Specialist Retailers, 2021 - 2031F |
6.2.4 Lebanon Confectionery Market Revenues & Volume, By Online Retail Stores, 2021 - 2031F |
6.2.5 Lebanon Confectionery Market Revenues & Volume, By Convenience Stores, 2021 - 2031F |
6.2.6 Lebanon Confectionery Market Revenues & Volume, By Other Distribution Channels, 2021 - 2031F |
7 Lebanon Confectionery Market Import-Export Trade Statistics |
7.1 Lebanon Confectionery Market Export to Major Countries |
7.2 Lebanon Confectionery Market Imports from Major Countries |
8 Lebanon Confectionery Market Key Performance Indicators |
9 Lebanon Confectionery Market - Opportunity Assessment |
9.1 Lebanon Confectionery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Lebanon Confectionery Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Lebanon Confectionery Market - Competitive Landscape |
10.1 Lebanon Confectionery Market Revenue Share, By Companies, 2024 |
10.2 Lebanon Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |