PROSPECTS AND OPPORTUNITIES
Marginal volume growth over forecast period
Volume sales will only rise marginally over the forecast period. Prices of cocoa beans could still rise further and this will dampen volume sales in what is a mature product area.
Tablets register highest volume growth
Tablets will register the highest volume growth, as such products have long been perceived to offer good value for money, and with prices continuing to rise, this will further bolster demand. Buoyant demand has recently prompted a number of manufacturers to up investment in the promotion and distribution of tablets.
Increasing demand for chocolate confectionery with a healthier positioning
The health and wellness trend will become more visible. There will be a growing niche within chocolate confectionery for healthier ingredients through the inclusion of nuts, fruit, cereals and even added vitamins and antioxidants.
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Overview:
Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Azerbaijan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Chocolate Confectionery industry in Azerbaijan, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Chocolate Confectionery in Azerbaijan report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Chocolate Confectionery in Azerbaijan?
- Which are the leading brands in Chocolate Confectionery in Azerbaijan?
- How are products distributed in Chocolate Confectionery in Azerbaijan?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Chocolate Confectionery?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Azerbaijan?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Chocolate Confectionery in Azerbaijan - Category analysis
KEY DATA FINDINGS
Rising prices dampen volume sales
NANT’s affordable offerings support volume sales
Supermarkets closing the gap on small local grocers
Marginal volume growth over forecast period
Tablets register highest volume growth
Increasing demand for chocolate confectionery with a healthier positioning
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Channel developments
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DISCLAIMER
The following categories and subcategories are included:
Chocolate Confectionery
- Chocolate Pouches and Bags
- Boxed Assortments
- Chocolate with Toys
- Countlines
- Seasonal Chocolate
- Tablets
- Other Chocolate Confectionery
Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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