Product Code: ETC4626030 | Publication Date: Nov 2023 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Russia Candy market currently, in 2023, has witnessed an HHI of 752, Which has increased slightly as compared to the HHI of 730 in 2017. The market is moving towards highly 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 candy market in Russia is robust, fueled by a strong consumer preference for confectionery products. The market encompasses a wide variety of candies, including chocolates, gummies, and hard candies. Seasonal demand peaks during holidays and festivals, driving sales. The introduction of innovative flavors and healthier options, such as sugar-free and organic candies, also stimulates market growth. However, the market faces challenges from health-conscious consumer trends and regulatory measures on sugar consumption.
The candy market in Russia is driven by the country`s large consumer base and the cultural significance of candy consumption during festivals and celebrations. The increasing variety of candy products, including premium and health-oriented options, is appealing to a wide range of consumers. Additionally, the influence of Western confectionery trends and the growing popularity of imported candy brands are contributing to market expansion.
The candy market in Russia faces several challenges, including health concerns and economic factors. Growing health consciousness among consumers is driving a shift towards healthier snack options, reducing the demand for traditional candies high in sugar. The market is also affected by economic fluctuations, which influence consumer spending on non-essential items like candy. Additionally, there is intense competition from both domestic and international brands, necessitating constant innovation and marketing efforts to maintain market share.
The candy market in Russia is significantly influenced by food safety regulations and health policies. Rospotrebnadzor ensures that confectionery products meet strict safety and quality standards to protect consumer health. Additionally, the government promotes local production through subsidies and tax incentives to reduce reliance on imports and support the domestic confectionery industry.
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 Russia Candy Market Overview |
3.1 Russia Country Macro Economic Indicators |
3.2 Russia Candy Market Revenues & Volume, 2020 & 2030F |
3.3 Russia Candy Market - Industry Life Cycle |
3.4 Russia Candy Market - Porter's Five Forces |
3.5 Russia Candy Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.6 Russia Candy Market Revenues & Volume Share, By Distribution, 2020 & 2030F |
4 Russia Candy Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Russia Candy Market Trends |
6 Russia Candy Market Segmentations |
6.1 Russia Candy Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Russia Candy Market Revenues & Volume, By Chocolate Candy, 2020-2030F |
6.1.3 Russia Candy Market Revenues & Volume, By Non-Chocolate Candy, 2020-2030F |
6.2 Russia Candy Market, By Distribution |
6.2.1 Overview and Analysis |
6.2.2 Russia Candy Market Revenues & Volume, By Supermarkets and Hypermarkets, 2020-2030F |
6.2.3 Russia Candy Market Revenues & Volume, By Convenience Stores, 2020-2030F |
6.2.4 Russia Candy Market Revenues & Volume, By Specialist Retailers, 2020-2030F |
6.2.5 Russia Candy Market Revenues & Volume, By Online Retail, 2020-2030F |
6.2.6 Russia Candy Market Revenues & Volume, By Others, 2020-2030F |
7 Russia Candy Market Import-Export Trade Statistics |
7.1 Russia Candy Market Export to Major Countries |
7.2 Russia Candy Market Imports from Major Countries |
9 Russia Candy Market - Opportunity Assessment |
9.1 Russia Candy Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.2 Russia Candy Market Opportunity Assessment, By Distribution, 2020 & 2030F |
10 Russia Candy Market - Competitive Landscape |
10.1 Russia Candy Market Revenue Share, By Companies, 2023 |
10.2 Russia Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |