PROSPECTS AND OPPORTUNITIES
Continuing expansion of modern grocery retailers boosts value sales
Sugar confectionery will register further constant value and volume growth over the forecast period, partly supported by continuing population growth. In addition, the continuing expansion of modern grocery retailers across the country will make offerings more accessible to consumers and will further support value sales.
Techology increasingly important to drive efficiencies
Sugar confectionery is a competitive product area, with sales largely driven by price. As such, manufacturers will invest in modern technologies, including AI, to improve product development, streamline production, and boost efficiency.
More focus on healthier positioning
As consumers become increasingly concerned about the high sugar content of sugar confectionery, those companies that can demonstrate an ability to innovate and adapt to health and wellness trends may be better positioned to increase their future growth potential. Therefore, brands will likely start to adapt, with sugar-free in particular set to be a growing segment, in the hope of attracting consumers, especially parents, who are concerned about the high levels of sugar their children are consuming amongst the various confectionery products.
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Overview:
Understand the latest market trends and future growth opportunities for the Sugar 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 Sugar 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 Sugar 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 Sugar Confectionery in Azerbaijan?
- Which are the leading brands in Sugar Confectionery in Azerbaijan?
- How are products distributed in Sugar 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 Sugar 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?
Sugar Confectionery in Azerbaijan - Category analysis
KEY DATA FINDINGS
Affordability of sugar confectionery supports value sales
United Brands holds on to top spot, supported by wide range of brands
Forecourt retailers gain most value share
Continuing expansion of modern grocery retailers boosts value sales
Techology increasingly important to drive efficiencies
More focus on healthier positioning
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DISCLAIMER
The following categories and subcategories are included:
Sugar Confectionery
- Boiled Sweets
- Chewy Candies
- Gummies and Jellies
- Liquorice
- Lollipops
- Medicated Confectionery
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- Power Mints
- Standard Mints
- Toffees, Caramels and Nougat
- Other Sugar Confectionery
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
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 Sugar Confectionery research and analysis database.
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