Aug 27,2021 | Food
Sugar Confectionery are sugar-based confectionery items including hard boiled sweets, mints, caramels & toffees, gums and jellies, marshmallows, fudges and medicated throat lozenges. Also known as sweets, these foodstuffs comprise of a wide range of variety that includes individually wrapped sweets and sophisticated packaging for economical products.
Sugar Confectionery market in South Africa registered a positive CAGR of 7.14% during the period 2015 to 2020 with a sales value of ZAR 7,773.00 million in 2020, an increase of 6.01% over 2019. The market achieved its strongest performance in 2016, when it grew by 7.93% over its previous year and its weakest performance in 2020, when it increased by 6.01% over 2019.
The research handbook offered on Bharatbook provides up-to-date market size data for period 2015-2020 and illustrative forecast to 2025 premised on Covid-19 hit, covering key market aspects like Sales Value and Volume for Sugar Confectionery and its variants Caramels and Toffees, Gums and Jellies, Hard Boiled Sweets, Liquorice, Lollipops, Medicated Confectionery, Mints and Other Sugar Confectionery.
Furthermore, the research handbook details out Sales Value and Volume for top brands for the year 2017 to 2020 and overall market sales by Distribution Channel (Dollar Stores, Variety Store & General Merchandise Retailers, Cash & Carries and Warehouse Clubs, Convenience Stores & Gas Stations, Department Stores, Drug Stores & Pharmacies, Chemists/Pharmacies, eRetailers, Parapharmacies/Drugstores, Food & Drinks Specialists, Health & Beauty Stores, Hypermarkets & Supermarkets, Direct Sellers, Others, On Trade, Vending Machines, Other Specialist Retailers, Tobacco Specialists) where ever applicable.
With the on-going large scale uncertainties in the market due to COVID-19 pandemic, the research handbook acts as an essential tool for companies active or planning to venture in to South Africa's Sugar Confectionery market. The comprehensive statistics within the research handbook provides insight into the operating environment of the market and also ensures right business decision making based on historical trends and industry model based forecasting.
For more details on the market, please visit Sugar Confectionery market in South Africa.