| Product Code: ETC232539 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Saudi Arabia hard candies market, the import trend experienced a decline from 2023 to 2024, with a growth rate of -14.09%. The compound annual growth rate (CAGR) for imports over the period 2020-2024 stood at 1.69%. This negative import momentum in 2024 could be attributed to shifting consumer preferences or changes in trade policies impacting the market`s stability.
The hard candies market in Saudi Arabia encapsulates a sweet aspect of the nation`s culinary preferences and cultural practices. Hard candies hold a traditional significance, often enjoyed as confections and offered as gestures of hospitality. The market features a variety of flavors, shapes, and packaging options, appealing to both local consumers and tourists seeking authentic edible souvenirs.
The Saudi Arabia hard candies market is driven by factors such as changing consumer preferences towards confectionery products, increasing disposable incomes, and a growing trend of gifting during festive seasons and special occasions. Moreover, the convenience of hard candies as on-the-go snacks and the presence of various flavors and formulations cater to a wide range of consumer tastes, further propelling market growth. Manufacturers` focus on innovative packaging and marketing strategies also contributes to the expansion of the market.
The hard candies market in Saudi Arabia faces certain challenges as it sweetens consumer preferences. Dietary shifts and health consciousness among the population influence candy consumption patterns. The challenge is to position hard candies as occasional indulgences while exploring options for sugar-free and healthier alternatives. Navigating cultural preferences and aligning with evolving consumer trends are crucial for sustaining demand and growth.
The Saudi Arabia hard candies market experienced disruptions caused by the COVID-19 pandemic. The economic slowdown and changes in consumer spending patterns directly influenced the market for confectionery products, including hard candies. With people prioritizing essential goods over discretionary purchases, demand for non-essential items like candies decreased. Additionally, supply chain interruptions and distribution challenges further impacted the market. As the overall economic environment stabilizes and consumer preferences normalize, the hard candies market is expected to gradually recover. However, manufacturers might need to adapt to evolving consumer preferences and explore innovative marketing strategies.
The hard candies market features both international and local confectionery brands. Leading players in this segment include Nestl?, Ferrero, and Al Nassma Chocolate, known for its camel milk chocolates.
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 Saudi Arabia Hard Candies Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Hard Candies Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Hard Candies Market - Industry Life Cycle |
3.4 Saudi Arabia Hard Candies Market - Porter's Five Forces |
3.5 Saudi Arabia Hard Candies Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Hard Candies Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Hard Candies Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of consumers in Saudi Arabia |
4.2.2 Growing urbanization leading to higher demand for convenient snack options |
4.2.3 Changing consumer preferences towards healthier and natural ingredient-based candies |
4.3 Market Restraints |
4.3.1 Health concerns and increasing awareness about the impact of sugar consumption on health |
4.3.2 Competition from other snack options like chocolates, nuts, and healthier alternatives |
4.3.3 Fluctuating raw material prices impacting production costs |
5 Saudi Arabia Hard Candies Market Trends |
6 Saudi Arabia Hard Candies Market, By Types |
6.1 Saudi Arabia Hard Candies Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Hard Candies Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Hard Candies Market Revenues & Volume, By Pop Rocks, 2021-2031F |
6.1.4 Saudi Arabia Hard Candies Market Revenues & Volume, By Lollipop, 2021-2031F |
6.1.5 Saudi Arabia Hard Candies Market Revenues & Volume, By Traditional, 2021-2031F |
6.2 Saudi Arabia Hard Candies Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Hard Candies Market Revenues & Volume, By Supermarket, 2021-2031F |
6.2.3 Saudi Arabia Hard Candies Market Revenues & Volume, By Retail Store, 2021-2031F |
7 Saudi Arabia Hard Candies Market Import-Export Trade Statistics |
7.1 Saudi Arabia Hard Candies Market Export to Major Countries |
7.2 Saudi Arabia Hard Candies Market Imports from Major Countries |
8 Saudi Arabia Hard Candies Market Key Performance Indicators |
8.1 Consumer engagement on social media platforms for hard candies brands |
8.2 Rate of new product development and innovation in the hard candies market |
8.3 Number of distribution channels and retail outlets carrying hard candies in Saudi Arabia. |
9 Saudi Arabia Hard Candies Market - Opportunity Assessment |
9.1 Saudi Arabia Hard Candies Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Hard Candies Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Hard Candies Market - Competitive Landscape |
10.1 Saudi Arabia Hard Candies Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Hard Candies Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |