Market Forecast by Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain and Turkey), 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: ETC060578 | Publication Date: May 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Middle East Candy Market |
Forecast period | 2024-2030 |
Forecast size | $2.5 billion by 2031 |
CAGR | 6% |
Growing Sector | Online Retail |
Middle East Candy Market report thoroughly covers the market By Countries, By Product Type, and By Distribution. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Middle East Candy Market has been experiencing steady growth, driven by increasing consumer demand for a wide variety of confectionery products. This growth is mainly due to changing dietary preferences, rising disposable incomes, and expanding retail channels in the region. The Middle East Candy Market size is projected to expand further, with an expected compound annual growth rate (CAGR) of 6% from 2025 to 2031. The market's growth is also supported by the increasing popularity of premium and organic candy products, as well as innovations in candy flavors and packaging.
Additionally, the growing influence of Western consumer habits and the rising number of young populations in countries like the UAE and Saudi Arabia are expected to continue driving the market's expansion, with projections indicating the market size could exceed USD 2.5 billion by 2031.
Middle East Candy market is experiencing steady growth, driven by increasing consumer demand for confectionery products. The rising middle-class population, along with a shift towards indulgence and premium candy products, is contributing to the market growth. Additionally, the market benefits from a robust retail landscape and expanding e-commerce channels, further enhancing market access. Innovations in candy flavors and health-conscious offerings are also driving the market size, as consumers increasingly seek variety and healthier alternatives. International and regional brands are making significant investments to capitalize on these trends, boosting the overall Middle East Candy market share.
According to 6Wresearch, the Middle East Candy Market Size is expected to reach at a significant CAGR of 6% during the forecast period 2025-2031. Middle East Candy market is fueled by several key drivers contributing to its expansion. Growing urbanization and a large youth demographic are driving demand for candy products, particularly in countries like the UAE and Saudi Arabia. Increased consumer spending, combined with a rising preference for premium and artisanal candy, is positively influencing the market size.
Additionally, the increase in disposable incomes and changing lifestyles has led to higher demand for both indulgent and healthier candy options. The growth of e-commerce platforms is improving product availability and distribution, enhancing the Middle East Candy market growth. Furthermore, innovations such as sugar-free and organic candy options cater to health-conscious consumers. The market is also seeing a rise in gifting trends, especially during festivals, which boosts seasonal candy sales. International brands are entering the region, contributing to a more competitive industry. Moreover, expanding retail networks and supermarket chains are further driving the availability of candy products across the region.
However, apart from this, the market faces several challenges impacting its growth. Fluctuations in raw material prices, particularly for sugar and cocoa, present significant challenges to manufacturers, affecting profitability and pricing strategies. Additionally, the region's complex regulatory environment can create barriers for market entry and expansion. The market growth is also hindered by stringent health regulations in certain countries, particularly those focusing on sugar consumption and obesity. Increased competition among local and international players leads to price wars, reducing profit margins. Another challenge is the growing consumer preference for healthier snacks, which has shifted demand away from traditional sugary treats. Cultural and religious factors may limit candy consumption during certain periods, particularly in countries with significant Muslim populations.
Furthermore, logistics issues, such as supply chain disruptions and rising transportation costs, present obstacles to market players. There is also a lack of consumer awareness regarding the benefits of premium or organic candy options. The market share is impacted by this growing health-conscious movement and the shift towards alternative snacks.
The market is evolving with several emerging trends that are reshaping the industry. One major trend is the growing demand for healthier and organic candy alternatives, such as sugar-free, low-calorie, and plant-based products. This trend is driving the development of new confectionery products catering to health-conscious consumers, thus impacting the Middle East Candy industry. Additionally, there is a significant shift towards premium and artisanal candies, with consumers willing to spend more on high-quality ingredients and unique flavors. The market size is expanding due to an increase in seasonal candy consumption, particularly during festivals and special occasions. Innovations in packaging, such as eco-friendly and sustainable packaging materials, are also gaining popularity as consumers become more environmentally aware.
Moreover, e-commerce is increasingly becoming a major sales channel, enabling candy companies to reach wider audiences and expand their customer base. The rise of regional brands offering locally inspired candy flavors is contributing to the diversification of the market. Additionally, the demand for confectionery with functional benefits, such as mood-enhancing or energy-boosting properties, is on the rise.
Theย market presents numerous investment opportunities, particularly in the segments driven by health trends and premium products. Investors can capitalize on the growing demand for sugar-free, organic, and functional candy options, which are expected to see substantial growth in the coming years. The expanding e-commerce platforms in the region offer attractive opportunities for online retail of candy products, further enhancing the market growth. Additionally, investing in local production facilities can reduce dependency on imports, offering cost benefits. The Middle East Candy market share is also influenced by investments in innovative packaging solutions, which cater to the rising demand for sustainable and eco-friendly products.
Strategic partnerships with regional retailers and distributors can offer expanded market reach and help tap into new customer segments. Developing new candy flavors and textures that cater to local tastes will continue to drive consumer interest and investment returns. Moreover, growing tourism and gifting trends create a promising market for luxury and seasonal candy products. The increasing focus on R&D in the confectionery sector also presents investment potential in creating cutting-edge candy products that align with evolving consumer preferences.
The market is dominated by several key players shaping the industry landscape. Nestlรฉ is a prominent global player known for its wide range of chocolate and candy products, with a significant presence in the region. Mars Inc., another global leader, offers an extensive portfolio of candy brands that are highly popular in the Middle East, such as M&M's and Snickers. Mondelez International, known for its Cadbury brand, plays a crucial role in driving candy sales in the region. Local players like Al Haramain and Al Rifai are also significant contributors, focusing on traditional and gourmet confectionery products tailored to regional tastes.
These companies influence the industry through strategic innovation, distribution channels, and product diversification. Regional players like Dubai-based Laffah Confectionery are gaining traction with their localized product offerings. Additionally, companies such as Ferrero, with its iconic Ferrero Rocher and Kinder products, have strong brand loyalty in the region, contributing to its market dominance. These players are investing in technological advancements and R&D to stay competitive in the rapidly evolving Middle East Candy market share.
The market operates within a framework of government regulations that aim to ensure safety and promote sustainability. The GCC (Gulf Cooperation Council) has implemented food safety regulations to ensure that candy products meet the required health and safety standards. The Middle East Candy market growth is also influenced by regulations on food labeling, which require clear labeling of ingredients and nutritional information to help consumers make informed choices.
Additionally, sugar taxation policies in some countries, such as the UAE, encourage manufacturers to reduce sugar content in their products, influencing product formulation and pricing strategies. The market is also impacted by environmental regulations pushing for the use of recyclable and sustainable packaging materials. These regulations play a significant role in shaping the future of the industry, encouraging companies to innovate and adapt to consumer preferences while complying with health and safety standards.
The market is poised for continued growth, driven by several key developments. The rising popularity of health-conscious candy options, such as sugar-free and organic products, will remain a major driver of market expansion. As consumer preferences evolve, the demand for premium and artisanal candy offerings will contribute to the market size. The growing trend of e-commerce, coupled with mobile shopping, will reshape distribution channels, making candy products more accessible to a wider audience. The market growth is also likely to be fueled by innovations in functional candies that offer benefits beyond taste, such as energy-boosting or mood-enhancing properties.
Additionally, the increasing demand for seasonal and gift-oriented candy products will continue to drive sales. The rise of local brands offering culturally relevant candy options will further diversify the market. Finally, regulatory changes focused on reducing sugar consumption and promoting sustainability will lead to new product formulations, shaping the future of the Middle East Candy industry.
The report offers a comprehensive study of the subsequent market segments and their leading categories.ย
Saudi Arabia is witnessing significant growth in the candy market due to its large youth population and increasing disposable income. As a result, demand for both chocolate and non-chocolate candies is rising. The market is also driven by changing consumer preferences for indulgent treats.
According to Kapil, Senior Research Analyst, 6Wresearch, Chocolate Candy is experiencing notable growth in the Middle East candy market. The rising trend of premium chocolates and gifting during festivals is boosting its popularity. Additionally, the introduction of innovative flavors and packaging is attracting more consumers.
Online Retail is one of the fastest-growing distribution channels in the Middle East candy market. The increasing use of smartphones and e-commerce platforms is making it easier for consumers to access a variety of candy products. This growth is further driven by the convenience and discounts offered through online shopping platforms.
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The market report has been segmented and sub segmented into the following categories:ย
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 Middle East Candy Market Overview |
3.1 Middle East Regional Macro Economic Indicators |
3.2 Middle East Candy Market Revenues & Volume, 2020 & 2030F |
3.3 Middle East Candy Market - Industry Life Cycle |
3.4 Middle East Candy Market - Porter's Five Forces |
3.5 Middle East Candy Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Middle East Candy Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 Middle East Candy Market Revenues & Volume Share, By Distribution, 2020 & 2030F |
4 Middle East Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Middle East Candy Market Trends |
6 Saudi Arabia Candy Market, 2020 - 2030 |
6.1.1 Saudi Arabia Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
6.1.2 Saudi Arabia Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
7 UAE Candy Market, 2020 - 2030 |
7.1 UAE Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
7.2 UAE Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
8 Qatar Candy Market, 2020 - 2030 |
8.1 Qatar Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
8.2 Qatar Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
9 Kuwait Candy Market, 2020 - 2030 |
9.1 Kuwait Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
9.2 Kuwait Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
10 Oman Candy Market, 2020 - 2030 |
10.1 Oman Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
10.2 Oman Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
11 Bahrain Candy Market, 2020 - 2030 |
11.1 Bahrain Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
11.2 Bahrain Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
12 Turkey Candy Market, 2020 - 2030 |
12.1 Turkey Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
12.2 Turkey Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
13 Rest of Middle East Candy Market, 2020 - 2030 |
13.1 Rest of Middle East Candy Market, Revenues & Volume, By Product Type, 2020 - 2030 |
13.2 Rest of Middle East Candy Market, Revenues & Volume, By Distribution, 2020 - 2030 |
14 Middle East Candy Market Key Performance Indicators |
15 Middle East Candy Market - Opportunity Assessment |
15.1 Middle East Candy Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Middle East Candy Market Opportunity Assessment, By Product Type, 2020 & 2030F |
15.3 Middle East Candy Market Opportunity Assessment, By Distribution, 2020 & 2030F |
16 Middle East Candy Market - Competitive Landscape |
16.1 Middle East Candy Market Revenue Share, By Companies, 2023 |
16.2 Middle East Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |