Slovakia Confectionery Market (2024-2030) | Analysis, Forecast, Value, Companies, COVID-19 IMPACT, Growth, Revenue, Size, Trends, Outlook, Share & Industry

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: ETC018160 Publication Date: Oct 2020 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Slovakia Confectionery Market Competition 2023


Slovakia Export Potential Assessment For Confectionery Market (USD Values in Thousand)


Topics Covered in the Slovakia Confectionery Market

Slovakia Confectionery Market report thoroughly covers the market by type, and by distribution channel. The market outlook 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.

Slovakia Confectionery Market Synopsis

Slovakia confectionery market is estimated to augment in the upcoming years due to the rise in income levels, the demand for premium and functional products, and the rise in tourism influx. Although there are some challenges such as high competition and government regulations. With the ever-increasing demand for tasty treats and sweet indulgences, Slovakia's confectionery market clearly has a sweet future ahead.

According to 6Wresearch, the Slovakia Confectionery Market size is estimated to grow at a CAGR of 3.5% during the forecast period 2024-2030. An increasing disposable income, a rise in the number of working women, and the desire for premium and functional products. The changing tastes of consumers towards luxury indulgences have also supported the sector’s growth. In addition, the rise of tourism influx and the increasing demand for souvenirs such as chocolates and sweets have given a further boost to the confectionery market. On the other hand, some challenges faced by the Slovakia Confectionery industry is the high competition from cheaper imports from neighboring countries. This has put pressure on local producers to stay competitive in terms of pricing and quality while also maintaining their unique identity. Nevertheless, new trends in terms of flavor offerings, packaging, and product positioning. There is a growing demand for organic and vegan products. Additionally, chocolate-covered fruits, nuts, and artisanal pralines are becoming increasingly popular.

Government Initiatives Introduced in the Slovakia Confectionery Market

The government of Slovakia I supporting the confectionery industry and its players. One of these significant initiatives is the 'Slovakia Taste' project, which promotes local specialties, including sweet treats, both domestically and internationally. The government has also organized trade fairs and exhibitions to promote small and medium-sized confectionery businesses to potential investors and international markets.

Key Players in the Slovakia Confectionery Market

There are several leading players operating in the Slovakia confectionery market. Some of these players include

  • Lindt & Sprüngli (Switzerland)
  • Nestlé (Switzerland)
  • Mondelez International, Inc. (USA)
  • Ferrero (Italy)
  • Mars, Incorporated (USA)

Additionally, there are several local confectionery companies in Slovakia, which have gained a significant market share, such as Figaro Chocolate and Sedita, to name a few.

Market Analysis by Type

According to Shivankar, Research Manager, 6Wresearch, the sugar confectionery sector is continuing to grow includes various products such as gums, jellies, boiled sweets, and pastilles. This segment's growth can be attributed to the increasing demand for indulgent and innovative candy options.

Market Analysis by Distribution Channel

In terms of distribution channel, online retail stores are experiencing incredible growth in the market due to the advancement of technology and an increase in efficiency in online retailers contribute to the growth of the online market.

Key attractiveness of the report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023.
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Slovakia Confectionery Market Outlook
  • Market Size of Slovakia Confectionery Market, 2023
  • Forecast of Slovakia Confectionery Market, 2030
  • Historical Data and Forecast of Slovakia Confectionery Revenues & Volume for the Period 2020 - 2030
  • Slovakia Confectionery Market Trend Evolution
  • Slovakia Confectionery Market Drivers and Challenges
  • Slovakia Confectionery Price Trends
  • Slovakia Confectionery Porter's Five Forces
  • Slovakia Confectionery Industry Life Cycle
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Sugar for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Chocolate for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Fine Bakery Wares for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Distribution Channel for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Supermarket/Hypermarket for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Specialist Retailers for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Online Retail Stores for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Convenience Stores for the Period 2020 - 2030
  • Historical Data and Forecast of Slovakia Confectionery Market Revenues & Volume By Other Distribution Channels for the Period 2020 - 2030
  • Slovakia Confectionery Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Distribution Channel
  • Slovakia Confectionery Top Companies Market Share
  • Slovakia Confectionery Competitive Benchmarking By Technical and Operational Parameters
  • Slovakia Confectionery Company Profiles
  • Slovakia Confectionery Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Type

  • Sugar
  • Chocolate
  • Fine Bakery Wares
  • Others

By Distribution Channel

  • Supermarket/Hypermarket
  • Specialist Retailers
  • Online Retail Stores
  • Convenience Stores
  • Other Distribution Channels
Slovakia Confectionery Market (2024-2030) : FAQs
The increasing per capita disposable income and the shift towards western lifestyles. The demand for premium chocolates and other luxury sweets is also rising, with more consumers willing to spend on these indulgences.
The intense competition from both domestic and foreign companies. The market is dominated by large international players. Additionally, the country's limited domestic supplier base for raw materials and the overall high production cost of confectionery products might impact the market's growth.
There are several companies competing in the Slovakia confectionery market, but the major players are Mondelēz Slovakia S.R.O, Nestlé Slovensko S.R.O, and Haribo Slovakia S.R.O.
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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 Slovakia Confectionery Market Overview
3.1 Slovakia Country Macro Economic Indicators
3.2 Slovakia Confectionery Market Revenues & Volume, 2020 & 2030F
3.3 Slovakia Confectionery Market - Industry Life Cycle
3.4 Slovakia Confectionery Market - Porter's Five Forces
3.5 Slovakia Confectionery Market Revenues & Volume Share, By Type, 2023 & 2030F
3.6 Slovakia Confectionery Market Revenues & Volume Share, By Distribution Channel, 2023 & 2030F
4 Slovakia Confectionery Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Slovakia Confectionery Market Trends
6 Slovakia Confectionery Market, By Types
6.1 Slovakia Confectionery Market, By Type
6.1.1 Overview and Analysis
6.1.2 Slovakia Confectionery Market Revenues & Volume, By Type, 2020 - 2030F
6.1.3 Slovakia Confectionery Market Revenues & Volume, By Sugar, 2020 - 2030F
6.1.4 Slovakia Confectionery Market Revenues & Volume, By Chocolate, 2020 - 2030F
6.1.5 Slovakia Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2020 - 2030F
6.1.6 Slovakia Confectionery Market Revenues & Volume, By Others, 2020 - 2030F
6.2 Slovakia Confectionery Market, By Distribution Channel
6.2.1 Overview and Analysis
6.2.2 Slovakia Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2020 - 2030F
6.2.3 Slovakia Confectionery Market Revenues & Volume, By Specialist Retailers, 2020 - 2030F
6.2.4 Slovakia Confectionery Market Revenues & Volume, By Online Retail Stores, 2020 - 2030F
6.2.5 Slovakia Confectionery Market Revenues & Volume, By Convenience Stores, 2020 - 2030F
6.2.6 Slovakia Confectionery Market Revenues & Volume, By Other Distribution Channels, 2020 - 2030F
7 Slovakia Confectionery Market Import-Export Trade Statistics
7.1 Slovakia Confectionery Market Export to Major Countries
7.2 Slovakia Confectionery Market Imports from Major Countries
8 Slovakia Confectionery Market Key Performance Indicators
9 Slovakia Confectionery Market - Opportunity Assessment
9.1 Slovakia Confectionery Market Opportunity Assessment, By Type, 2023 & 2030F
9.2 Slovakia Confectionery Market Opportunity Assessment, By Distribution Channel, 2023 & 2030F
10 Slovakia Confectionery Market - Competitive Landscape
10.1 Slovakia Confectionery Market Revenue Share, By Companies, 2023
10.2 Slovakia Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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