Chocolate Confectionery in Uzbekistan - New Report Available

From: Fast Market Research, Inc.
Published: Wed Mar 18 2015

Chocolate confectionery is benefiting from favourable demographic trends in Uzbekistan. Many Uzbek consumers traditionally buy large quantities of chocolate confectionery for wedding celebrations and other traditional celebrations. Bulk servings are often offered on serving plates on tables, while chocolate confectionery is also used for special gift baskets for guests or even thrown on top of celebrating individuals. An increasing number of wedding ceremonies and baby-birth celebrations thus boosted sales of chocolate confectionery towards the end of the review period. Children are meanwhile one of the key target groups for chocolate confectionery and their number in the country also continues growing. The number of children aged 0-14-years-old increased during the review period.

Competitive Landscape

Rossiya gained the lead chocolate confectionery in 2014, with the company holding 11% value share. This company benefits from its strong presence in standard boxed assortments, tablets and bagged selflines/softlines. Roshen Kondyterska Korporatsia meanwhile accounted for a marginally lower share in the year but still accounted for 11% share. Roshen owes its strength to its leadership in bagged selflines/softlines, where it offers the widest variety of products. Mars meanwhile ranked third with 9% share thanks to its strength in countlines, where its Snickers, Mars and Twix brands are clear leaders.

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Industry Prospects

Chocolate confectionery is expected to see steady growth in volume sales and value sales at constant 2014 prices over the forecast period, with CAGRs of 4% and 3% respectively. Uzbek consumers will continue to buy large quantities of chocolate confectionery for traditional large celebrations. Rising income levels will also encourage more regular purchases of chocolate confectionery for indulgence, both for adults and children.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Chocolate confectionery industry in Uzbekistan with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Chocolate confectionery industry in Uzbekistan, our research will save you time and money while empowering you to make informed, profitable decisions.

The Chocolate confectionery in Uzbekistan market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth

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