Market Forecast By Types (Pastilles, Jellies, Caramel & Toffees, Hard-Boiled Sweets, Medicated Confectionery, Mint, Gums, Others (marshmallows, nougat, lollipops, licorice, etc.)), By Packaging Types (Sachet, Box & Others), By Distribution Channels (Retail Stores, Online Stores & Others) and competitive landscape
Product Code: ETC002439 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
UAE Sugar Confectionery Market is expected to witness exponential growth over the coming years due to an increase in the consumption of sugar confectionery products such as pastilles and jellies among various age groups. However, the economic slowdown due to the COVID-19 virus outbreak is expected to reduce consumer spending in the near term, thus acting as a restraint for the sugar confectionery market. Moreover, rising health consciousness and continuous efforts to reduce weight and cholesterol content among the consumers may hamper the growth of the sugar confectionery market in the country.
According to 6Wresearch, UAE Sugar Confectionery Market is anticipated to register growth during 2020-2026. By distribution channels, retail stores are expected to register significant growth in the UAE market during the forecast period on account of the growing number of supermarkets and hypermarkets in the country. Further, increasing private sector investment in shopping mall projects such as Deira mall, Al Maryah Central mall, Cityland mall, and Tilal mall would create an abundance of opportunities for the sugar confectionery market in UAE in the upcoming years.
By types, pastilles, jellies, hard-boiled sweets, and toffees held the majority of revenue share in the overall UAE sugar confectionery market in 2019 due to the introduction of international brands, availability of a variety of flavors, and expanding online sugar confectionery distribution in the country. Additionally, more than eighty-six percent of sugar confectionery consumption is from urban consumers and the country is posing huge opportunities in the untapped rural segment. Moreover, attractive packaging and new product introduction such as toy-house sized sweets, snack bars, cracknel eggs, marzipan, and coin crisps would create ample demand for sugar confectionery products in the upcoming years in the country.
The UAE Sugar Confectionery market report thoroughly covers the market by types, packaging types, distribution channels, and regions. UAE Sugar Confectionery market outlook report provides an unbiased and detailed analysis of the on-going UAE Sugar Confectionery 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 UAE sugar confectionery market is expected to witness a proliferation in the coming years on the back of an increase in the changing tastes and preferences along with an increase in the FMCG industry in the country. however, the market is posed to a threat backed by the rising rate of obesity in the country which is depriving of consumers sugar and go for other healthy and snacking options. But with the aggressive advertisement of the product by active industrial players is expected to be a positive growth factor for the UAE sugar confectionery market in the coming timeframe. Since the country is a hub for date palm production and date syrup has been proved to be a less sugar active product, the use of the syrup in the manufacture of sugar confectionery has led to being cost-saving and innovative manufacturing. The increased use of date syrup in place of sugar has not only led to low sugar content but has also led to a cost-saving manufacturing technique as the use of domestically produced date syrup is cheaper than imported table sugar and is expected to benefit the UAE sugar confectionery market to make serious headway towards progressive growth in the upcoming six years and the timeframe thereafter.
UAE sugar confectionery market is expected to register sound growth in the coming timeframe on the back of the rising expansion of retail stores in the country. On the basis of product type, Chocolate is estimated to secure major market share in the UAE sugar confectionery market owing to rising product sale underpinned by fascinating packaging format coupled with the introduction of a wide range of flavors in chocolates which tends to catch sight of many consumers and is expected to increase consumption rate of chocolates and is estimated to act as a catalyst in the enormous growth of the UAE sugar confectionery in the country in the forthcoming years. Moreover, some of the top sugar confectionery brands dealing in the sugar confectionery and gaining smart business growth are Smint, Skittles, and Tic Tac. The aforementioned brands are securing major sales revenues in the market backed by increased children's sugar confectionery product consumption and this would benefit the UAE sugar confectionery market in the upcoming six years.
Key Highlights of the Report:
Markets Covered
The UAE Sugar Confectionery Market report provides a detailed analysis of the following market segments:
Other Key Reports Available:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. UAE Sugar Confectionery Market Overview |
3.1. UAE Sugar Confectionery Market Revenues, 2016-2026F |
3.2. UAE Sugar Confectionery Market – Industry Life Cycle |
3.3. UAE Sugar Confectionery Market – Porter’s Five Forces |
3.4. UAE Sugar Confectionery Market Revenue Share, By Packaging Types, 2019 & 2026F |
3.5. UAE Sugar Confectionery Market Revenue Share, By Types, 2019 & 2026F |
3.6. UAE Sugar Confectionery Market Revenue Share, By Distribution Channels, 2019 & 2026F |
3.7. UAE Sugar Confectionery Market Revenue Share, By Regions, 2019 & 2026F |
4. UAE Sugar Confectionery Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. UAE Sugar Confectionery Market Trends |
6. UAE Sugar Confectionery Market Overview, By Packaging Types |
6.1. UAE Sachet Packaging Sugar Confectionery Market Revenues, 2016-2026F |
6.2. UAE Box Packaging Sugar Confectionery Market Revenues, 2016-2026F |
6.3. UAE Others Packaging Sugar Confectionery Market Revenues, 2016-2026F |
7. UAE Sugar Confectionery Market Overview, By Types |
7.1. UAE Pastilles Sugar Confectionery Market Revenues, 2016-2026F |
7.2. UAE Gums Sugar Confectionery Market Revenues, 2016-2026F |
7.3. UAE Jellies Sugar Confectionery Market Revenues, 2016-2026F |
7.4. UAE Caramel & Toffees Sugar Confectionery Market Revenues, 2016-2026F |
7.5. UAE Hard-Boiled Sweets Sugar Confectionery Market Revenues, 2016-2026F |
7.6. UAE Medicated Sugar Confectionery Market Revenues, 2016-2026F |
7.7. UAE Mint Sugar Confectionery Market Revenues, 2016-2026F |
7.8. UAE Other Sugar Confectionery Market Revenues, 2016-2026F |
8. UAE Sugar Confectionery Market Overview, By Distribution Channels |
8.1. UAE Sugar Confectionery Market Revenues, By Retail Stores, 2016-2026F |
8.2. UAE Sugar Confectionery Market Revenues, By Online Stores, 2016-2026F |
8.3. UAE Sugar Confectionery Market Revenues, By Other Distribution Channels, 2016-2026F |
9. UAE Sugar Confectionery Market Overview, By Regions |
10. UAE Sugar Confectionery Market Key Performance Indicators |
11. UAE Sugar Confectionery Market Opportunity Assessment |
11.1. UAE Sugar Confectionery Market Opportunity Assessment, By Packaging Types, 2026F |
11.2. UAE Sugar Confectionery Market Opportunity Assessment, By Types, 2026F |
11.3. UAE Sugar Confectionery Market Opportunity Assessment, By Distribution Channels, 2026F |
12. UAE Sugar Confectionery Market Competitive Landscape |
12.1. UAE Sugar Confectionery Market Revenue Share, By Company, 2019 |
12.2. UAE Sugar Confectionery Market Competitive Benchmarking, By Technical Parameters |
13. Company Profiles |
14. Recommendations |
15. Disclaimer |