Forecasted CAGR of confectionery retail sales 2020-2024, by country

Published by Statista Research Department, Nov 22, 2022
The expected 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 13.5 percent between the years 2020 to 2024. 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.

Forecasted compound annual growth rate of confectionery retail sales in the Gulf Cooperation Council region between 2020 and 2024, by country

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Release date

January 2021

Region

MENA

Survey time period

2020

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Statistics on " FMCG sector in the Middle East and North Africa "

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Statistics on FMCG sector in the Middle East and North Africa

Overview

4

Grains market

4

Confectionary market

4

Snacks market

4

Probiotic supplements

4

Luxury goods

4

Clothing and apparel

4

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Topics

FMCG sector in the Middle East and North AfricaE-commerce in the United Arab EmiratesE-commerce in Saudi ArabiaOnline shopping in the Middle East and North AfricaRetail sector in the Middle East and North Africa
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