Product Code: ETC018181 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Qatar Confectionery market currently, in 2023, has witnessed an HHI of 852, Which has increased slightly as compared to the HHI of 605 in 2017. The market is moving towards highly competitive. 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.
The Qatar confectionery market is projected to record a CAGR of 4.36 % during the forecast period 2025-2031. The demand for confectionery products in Qatar has been growing due to several factors like rising disposable income, changing lifestyle and increasing influence of western culture among people, especially youngsters. To meet this rising demand, both international as well as domestic manufacturers are investing heavily in the country`s confectionery sector. Qatar also imports large quantities of chocolate and other sugar coated items from European countries such as Netherlands, France, etc., which contribute to its market growth significantly.
In recent years, there has been significant improvement in the per capita income of Qatar citizens due to increase in government salaries and other forms of remuneration packages offered by employers. This rise in disposable incomes is driving the demand for premium quality confectioneries like chocolates and candies across all age groups including teenagers who have higher purchasing power than ever before. Rising health consciousness among consumers is leading them towards healthy snacking options such as dark chocolate bars with low fat content or sugar free candy snacks that are becoming increasingly popular amongst customers looking for healthier alternatives without compromising on taste or quality. Therefore, companies are introducing more organic and natural ingredients into their product offerings so they can cater better to consumer preferences thereby boosting sales revenue significantly in coming years. Companies operating within Qatar confectionary industry are opting for innovative packaging solutions along with aggressive marketing campaigns through television advertisements which further drive sales volumes through increased brand visibility & recognition amongst potential buyers thereby propelling overall market growth going forward.
Manufacturers face difficulties while producing high-end products owing to cost pressures arising due to expensive raw material prices & labor wages coupled with low economies scale resulting from lack of proper production infrastructure facilities within the country. This adversely affects profit margins making it difficult for producers considering setting up operations within Qatar nascent business environment. Global brands backed by huge budgets pose stiff competition against local players due its investments made towards research & development activities aimed at innovation & improvement thus allowing it capture larger chunk share away from domestic suppliers who often struggle against relentless pressure posed by rivals on various grounds including pricing.
The major players profiled in this report include Mondelez International (US), Mars Incorporated (US), Nestle S.A.(Switzerland), Ferrero Group(Italy), Meiji Co., Ltd (Japan). The companies have been focusing on introducing innovative products to gain traction among consumers and increase their customer base globally.
The outbreak of COVID-19 has impacted food manufacturers and distributors across all countries around the globe including Qatar. The pandemic has created an unprecedented disruption in terms of production issues, supply chain disruptions, panic buying by consumers due to fear of shortages etc., which have severely affected businesses operations within this industry. Due to lockdowns imposed by governments worldwide leading retail stores/outlets selling products like chocolate bars were closed or operating at reduced capacity thereby affecting sales revenues from these channels significantly. Moreover, this also hampered availability of ingredients used for making chocolates resulting in lower manufacturing output levels as well as higher prices due to shortage in supplies thus negatively impacting overall revenue generation from sale of chocolates during this period globally.
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 Qatar Confectionery Market Overview |
3.1 Qatar Country Macro Economic Indicators |
3.2 Qatar Confectionery Market Revenues & Volume, 2021 & 2031F |
3.3 Qatar Confectionery Market - Industry Life Cycle |
3.4 Qatar Confectionery Market - Porter's Five Forces |
3.5 Qatar Confectionery Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Qatar Confectionery Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Qatar Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Qatar Confectionery Market Trends |
6 Qatar Confectionery Market, By Types |
6.1 Qatar Confectionery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Qatar Confectionery Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Qatar Confectionery Market Revenues & Volume, By Sugar, 2021-2031F |
6.1.4 Qatar Confectionery Market Revenues & Volume, By Chocolate, 2021-2031F |
6.1.5 Qatar Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2021-2031F |
6.1.6 Qatar Confectionery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Qatar Confectionery Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Qatar Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2021-2031F |
6.2.3 Qatar Confectionery Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.4 Qatar Confectionery Market Revenues & Volume, By Online Retail Stores, 2021-2031F |
6.2.5 Qatar Confectionery Market Revenues & Volume, By Convenience Stores, 2021-2031F |
6.2.6 Qatar Confectionery Market Revenues & Volume, By Other Distribution Channels, 2021-2031F |
7 Qatar Confectionery Market Import-Export Trade Statistics |
7.1 Qatar Confectionery Market Export to Major Countries |
7.2 Qatar Confectionery Market Imports from Major Countries |
8 Qatar Confectionery Market Key Performance Indicators |
9 Qatar Confectionery Market - Opportunity Assessment |
9.1 Qatar Confectionery Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Qatar Confectionery Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Qatar Confectionery Market - Competitive Landscape |
10.1 Qatar Confectionery Market Revenue Share, By Companies, 2024 |
10.2 Qatar Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |