Saudi Arabia Confectionery Market Research Report 2022-2027

Posted by arshiyashaikh on July 27th, 2022

Saudi Arabia confectionery market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the growing personal disposable income of consumers and the rising trend of gifting confectionery products during functions and events. Besides, expanding online sale channels and marketing techniques adopted by market players to attract consumers into buying confectionery products are some factors driving the market growth.

The Saudi Arabia confectionery market is segmented into product type, distribution channel, regional distribution, and competitive landscape. Based on product type, the market is divided into chocolate, sugar candy, and gum candy. The chocolate segment is expected to lead the Saudi Arabia confectionery market, owing to the higher acceptance of westernized foods and growing inclination towards chocolates.
Key players operating in the Saudi Arabia confectionery market are Mars Saudi Arabia, Ferrero Rocher (Abudawood), Mondelez International, Nestle Saudi Arabia LLC, Meiji Holdings Co., Ltd, The Hershey Company, Chocoladefabriken Lindt & Sprüngli AG, Perfetti Van Melle Group, General Mills, Inc., Grupo Arcor S.A., among others.

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