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: ETC018176 | Publication Date: Jun 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Nepal Confectionery Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Food & Beverage |
The Nepal 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 Nepal Confectionery Market has seen growth over the past decade and is projected to experience steady growth in the coming years. This growth is driven by various factors such as increasing disposable income, urbanization, the growing trend of gifting confectionery items, and government initiatives.
According to 6Wresearch, the Nepal Confectionery Market size is expected to grow at a significant CAGR of 4.5% during 2025-2031. One of the main drivers for the growth of the Nepali confectionery market is the increasing disposable income of individuals. With the rising middle class and urbanisation, more people can afford to indulge in confectionery products. Additionally, there has been a significant increase in tourism in Nepal, which has also contributed to the growth of the confectionery market. The growing trend of gifting confectionery items during festivals and celebrations is also driving the market forward. Confectionery is seen as an affordable and easy gift option, making it popular among consumers.
One major challenge is the lack of proper infrastructure and distribution channels in rural areas. This makes it difficult for manufacturers to reach a wider consumer base and limits their sales potential. Another challenge is the high dependency on imported raw materials and ingredients for confectionery production.
Some of the key players in Nepal's confectionery market are Parle Products Pvt. Ltd., Nestlé Nepal Pvt. Ltd., Dugar Spices & Food Industries Pvt. Ltd., Surya Nepal Private Limited (SNPL), and CG Foods (Nepal) Pvt. Ltd. These companies have established themselves as major players in the confectionery market by offering a wide range of products and investing in marketing strategies to attract consumers.
One major initiative is the implementation of tax incentives for companies operating in the confectionery sector. The government offers tax holidays, exemptions on import duties for raw materials, and reduced corporate tax rates to encourage new investments in the industry. They have streamlined regulatory processes and reduced bureaucratic hurdles for businesses in the confectionery market, which made it easier for companies to obtain permits and licenses, reducing the time and cost involved in setting up a new business. The government has also launched various training programs and workshops to improve the technical skills of local confectionery manufacturers. The government has provided financial assistance and support for participation in international trade fairs and exhibitions, helping businesses showcase their products to a wider global audience.
The Nepal confectionery market is expected to continue its growth trajectory in the coming years. The rising trend of gifting confectionery products during festivals and celebrations, along with increasing demand from tourism activities, is likely to further drive market growth. The growing popularity of premium and speciality confectionery products, including organic and sugar-free options, is also expected to contribute to market growth. Moreover, the rise in e-commerce platforms and the adoption of digital payment methods have made it easier for consumers to purchase confectionery products online.
According to Ravi Bhandari, Research Head, 6Wresearch, the Chocolate segment is dominating the Nepal confectionery market. This can be attributed to the rising demand for indulgent and premium chocolate products among consumers.
The Online Retail Stores distribution channel is experiencing significant growth in the market. This can be attributed to the increasing popularity of e-commerce platforms and the convenience of online shopping for consumers.
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 Nepal Confectionery Market Overview |
3.1 Nepal Country Macro Economic Indicators |
3.2 Nepal Confectionery Market Revenues & Volume, 2021 & 2031F |
3.3 Nepal Confectionery Market - Industry Life Cycle |
3.4 Nepal Confectionery Market - Porter's Five Forces |
3.5 Nepal Confectionery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nepal Confectionery Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nepal Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nepal Confectionery Market Trends |
6 Nepal Confectionery Market, By Types |
6.1 Nepal Confectionery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nepal Confectionery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Nepal Confectionery Market Revenues & Volume, By Sugar, 2021-2031F |
6.1.4 Nepal Confectionery Market Revenues & Volume, By Chocolate, 2021-2031F |
6.1.5 Nepal Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2021-2031F |
6.1.6 Nepal Confectionery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Nepal Confectionery Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nepal Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.2.3 Nepal Confectionery Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.4 Nepal Confectionery Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.5 Nepal Confectionery Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.6 Nepal Confectionery Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Nepal Confectionery Market Import-Export Trade Statistics |
7.1 Nepal Confectionery Market Export to Major Countries |
7.2 Nepal Confectionery Market Imports from Major Countries |
8 Nepal Confectionery Market Key Performance Indicators |
9 Nepal Confectionery Market - Opportunity Assessment |
9.1 Nepal Confectionery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nepal Confectionery Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nepal Confectionery Market - Competitive Landscape |
10.1 Nepal Confectionery Market Revenue Share, By Companies, 2024 |
10.2 Nepal Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |