Georgia Candy Market (2020-2026) | Revenue, Size, Growth, Trends, Value, Industry, Outlook, Share, COVID-19 IMPACT, Analysis, Forecast & Companies

Market Forecast By Product Type (Chocolate Candy, Non-Chocolate Candy), By Distribution (Supermarkets and Hypermarkets, Convenience Stores, Specalist Retailers, Online Retail, Others) And Competitive Landscape
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 Competition 2023

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.

 Georgia Candy Market Competition 2023

Georgia Export Potential Assessment For Candy Market (Values in USD Thousand)


Georgia Export Potential Assessment For Candy Market (Values in USD Thousand)

Georgia Candy Market Overview

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.

Drivers of the market

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.

Challenges of the 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.

Government Policy of the market

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.

Key Highlights of the Report:

  • Georgia Candy Market Outlook
  • Market Size of Georgia Candy Market, 2019
  • Forecast of Georgia Candy Market, 2026
  • Historical Data and Forecast of Georgia Candy Revenues & Volume for the Period 2016 - 2026
  • Georgia Candy Market Trend Evolution
  • Georgia Candy Market Drivers and Challenges
  • Georgia Candy Price Trends
  • Georgia Candy Porter's Five Forces
  • Georgia Candy Industry Life Cycle
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Product Type for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Chocolate Candy for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Non-Chocolate Candy for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Distribution for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Supermarkets and Hypermarkets for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Convenience Stores for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Specalist Retailers for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Online Retail for the Period 2016 - 2026
  • Historical Data and Forecast of Georgia Candy Market Revenues & Volume By Others for the Period 2016 - 2026
  • Georgia Candy Import Export Trade Statistics
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution
  • Georgia Candy Top Companies Market Share
  • Georgia Candy Competitive Benchmarking By Technical and Operational Parameters
  • Georgia Candy Company Profiles
  • Georgia Candy Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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

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