Product Code: ETC018195 | Publication Date: Jun 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Tanzania Confectionery market currently, in 2023, has witnessed an HHI of 2557, Which has decreased slightly as compared to the HHI of 2664 in 2017. The market is moving towards concentrated. 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 confectionery market in Tanzania is expected to reach a value of USD 4.5 billion by 2026, registering a CAGR of 5.3% during the forecast period (2020-2026). Tanzania confectionery industry has seen an increasing demand due to increased consumer awareness and changing lifestyle preferences influenced by social media trends as well as rising disposable income levels across the country. The growth in the confectionery sector has also been supported by strong government initiatives that have focused on encouraging foreign direct investments (FDI) into the food processing sector, which further benefits local manufacturers and suppliers who cater to growing consumer demand for different types of packaged sweets and chocolate products.
The most popular category within this segment is chocolate, accounting for more than two-thirds of total sales in 2019; however, other categories such as candy and gums are gradually gaining traction among consumers due to increased availability through various retail outlets including convenience stores and supermarkets located all over Tanzania. Additionally, multinational companies have also been launching new innovative products which are tailored specifically towards Tanzanian consumers? preferences or dietary habits such as halal certified chocolates with religious symbols embossed on them targeting Muslim customers during Ramadan festivities; these factors collectively will help bolster growth prospects for the confectionary market in Tanzania over the coming years.
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 Tanzania Confectionery Market Overview |
3.1 Tanzania Country Macro Economic Indicators |
3.2 Tanzania Confectionery Market Revenues & Volume, 2019 & 2026F |
3.3 Tanzania Confectionery Market - Industry Life Cycle |
3.4 Tanzania Confectionery Market - Porter's Five Forces |
3.5 Tanzania Confectionery Market Revenues & Volume Share, By Type, 2019 & 2026F |
3.6 Tanzania Confectionery Market Revenues & Volume Share, By Distribution Channel, 2019 & 2026F |
4 Tanzania Confectionery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Tanzania Confectionery Market Trends |
6 Tanzania Confectionery Market, By Types |
6.1 Tanzania Confectionery Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Tanzania Confectionery Market Revenues & Volume, By Type, 2016 - 2026F |
6.1.3 Tanzania Confectionery Market Revenues & Volume, By Sugar, 2016 - 2026F |
6.1.4 Tanzania Confectionery Market Revenues & Volume, By Chocolate, 2016 - 2026F |
6.1.5 Tanzania Confectionery Market Revenues & Volume, By Fine Bakery Wares, 2016 - 2026F |
6.1.6 Tanzania Confectionery Market Revenues & Volume, By Others, 2016 - 2026F |
6.2 Tanzania Confectionery Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Tanzania Confectionery Market Revenues & Volume, By Supermarket/Hypermarket, 2016 - 2026F |
6.2.3 Tanzania Confectionery Market Revenues & Volume, By Specialist Retailers, 2016 - 2026F |
6.2.4 Tanzania Confectionery Market Revenues & Volume, By Online Retail Stores, 2016 - 2026F |
6.2.5 Tanzania Confectionery Market Revenues & Volume, By Convenience Stores, 2016 - 2026F |
6.2.6 Tanzania Confectionery Market Revenues & Volume, By Other Distribution Channels, 2016 - 2026F |
7 Tanzania Confectionery Market Import-Export Trade Statistics |
7.1 Tanzania Confectionery Market Export to Major Countries |
7.2 Tanzania Confectionery Market Imports from Major Countries |
8 Tanzania Confectionery Market Key Performance Indicators |
9 Tanzania Confectionery Market - Opportunity Assessment |
9.1 Tanzania Confectionery Market Opportunity Assessment, By Type, 2019 & 2026F |
9.2 Tanzania Confectionery Market Opportunity Assessment, By Distribution Channel, 2019 & 2026F |
10 Tanzania Confectionery Market - Competitive Landscape |
10.1 Tanzania Confectionery Market Revenue Share, By Companies, 2019 |
10.2 Tanzania Confectionery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |