Just Published: "Sugar Confectionery in Uzbekistan"
New Food research report from Euromonitor International is now available from Fast Market Research
[USPRwire, Thu Mar 26 2015] Sugar confectionery benefited from a number of trends at the end of the review period, in addition to a strong traditional appeal to consumers and rising disposable income levels. Sugar confectionery notably benefited from a growing number of weddings and other traditional celebrations such as birth celebrations. Such celebrations typically see honoured guests being offered gifts such as baskets filled with variety of confectionery. Products such as lollipops and mints also benefited from a growing number of children in the country during the review period.
Competitive Landscape
Dogus Yiyecek ve Içecek Üretim leads sales of sugar confectionery and accounted for 20% of value in 2014. The company benefits from a strong presence pastilles, gums, jellies and chews, one of the most significant product areas. Roshen Kondyterska Korporatsia followed with 16% of value sales in 2014, largely thanks to offering individually wrapped sugar confectionery that is widely popular for traditional celebrations. Perfetti Van Melle meanwhile ranked third with nearly 14% share thanks to customer loyalty to its well-differentiated Frutella and Mentos brands.
Sugar confectionery will continue to benefit from a number of trends in the forecast period. These include population growth and particularly an ongoing rise in the number of children. Rising disposable income levels will also boost sales, making consumers more likely to buy indulgent treats and also encouraging stronger spending on sugar confectionery for celebrations such as weddings. While chocolate confectionery remains more popular for such celebrations, consumers are expected to increase their spending on sugar confectionery for such events, in line with more extravagant celebrations overall.
Report Overview
Discover the latest market trends and uncover sources of future market growth for the Sugar confectionery industry in Uzbekistan with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Sugar confectionery industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.
The Sugar confectionery in Uzbekistan market research report includes:
* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country
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