Product Code: ETC040181 | Publication Date: Jan 2021 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Georgia Candy market currently, in 2023, has witnessed an HHI of 2315, Which has increased slightly as compared to the HHI of 1978 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Georgia candy market has witnessed steady growth in recent years, fueled by a combination of factors including increasing disposable income, changing consumer preferences, and innovative product offerings from manufacturers. Traditional favorites like chocolate bars and gummy candies continue to dominate the market, but there`s also a growing demand for healthier alternatives such as organic and sugar-free options. With a strong presence of both local and international brands, competition is fierce, driving companies to invest in marketing campaigns and product development to stay ahead.
The Georgia candy market is experiencing steady growth, driven by several factors. Firstly, there is a growing trend towards indulgence and snacking among consumers, particularly in urban areas where lifestyles are fast-paced. Additionally, the presence of various local and international confectionery brands in the market provides consumers with a wide range of options to choose from. Moreover, innovative product offerings such as organic and gourmet candies are gaining popularity among health-conscious consumers, further fueling market growth. Furthermore, promotional activities and strategic marketing campaigns by key players are boosting consumer awareness and driving sales in the Georgia candy market.
The Georgia candy market faces stiff competition from both domestic and international brands. One of the major challenges is the fluctuation in raw material prices, especially sugar and cocoa, which directly impacts production costs. Additionally, changing consumer preferences towards healthier snacks and concerns about sugar consumption pose a challenge for traditional candy manufacturers.
The Georgia candy market has experienced steady growth in recent years, fueled by increasing consumer demand for indulgent treats and innovative flavors. Government policies have largely focused on ensuring food safety standards and regulating the ingredients used in candy production. Additionally, initiatives promoting local entrepreneurship and small-scale candy manufacturing have been encouraged to stimulate economic growth in the sector. However, concerns regarding the health implications of excessive sugar consumption have prompted discussions on potential regulations or public health campaigns to promote moderation.
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 Georgia Candy Market Overview |
3.1 Georgia Country Macro Economic Indicators |
3.2 Georgia Candy Market Revenues & Volume, 2019 & 2026F |
3.3 Georgia Candy Market - Industry Life Cycle |
3.4 Georgia Candy Market - Porter's Five Forces |
3.5 Georgia Candy Market Revenues & Volume Share, By Product Type, 2019 & 2026F |
3.6 Georgia Candy Market Revenues & Volume Share, By Distribution, 2019 & 2026F |
4 Georgia Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Georgia Candy Market Trends |
6 Georgia Candy Market, By Types |
6.1 Georgia Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Georgia Candy Market Revenues & Volume, By Product Type, 2016 - 2026F |
6.1.3 Georgia Candy Market Revenues & Volume, By Chocolate Candy, 2016 - 2026F |
6.1.4 Georgia Candy Market Revenues & Volume, By Non-Chocolate Candy, 2016 - 2026F |
6.2 Georgia Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Georgia Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.2.3 Georgia Candy Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.4 Georgia Candy Market Revenues & Volume, By Specalist Retailers, 2016 - 2026F |
6.2.5 Georgia Candy Market Revenues & Volume, By Online Retail, 2016 - 2026F |
6.2.6 Georgia Candy Market Revenues & Volume, By Others, 2016 - 2026F |
7 Georgia Candy Market Import-Export Trade Statistics |
7.1 Georgia Candy Market Export to Major Countries |
7.2 Georgia Candy Market Imports from Major Countries |
8 Georgia Candy Market Key Performance Indicators |
9 Georgia Candy Market - Opportunity Assessment |
9.1 Georgia Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
9.2 Georgia Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F |
10 Georgia Candy Market - Competitive Landscape |
10.1 Georgia Candy Market Revenue Share, By Companies, 2019 |
10.2 Georgia Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |