CAGR of confectionery retail sales 2015-2019, by country
The compound annual growth rate (CAGR) of the value of retail sales of confectionery in the Gulf Cooperation Council (GCC) region was the highest in Kuwait at 8.7 percent between the years 2015 to 2019. There was an increase in the demand for snack and ready-to-eat food in the Gulf Cooperation Council (GCC) region over the past years due to the increased industrialization, busy lifestyles, and the increasing labor participation rate of women.
