The Honduras confectionery sector is poised for a dynamic growth phase, anticipating an increase of USD 80.4 million and a compound annual growth rate (CAGR) of approximately 6.8% from 2024 to 2029. Honduras’ confectionery market is supported by rising disposable incomes and growing urbanization, which are driving demand for both local and imported products. The expansion of modern retail channels is improving accessibility, while consumers are showing increasing interest in premium and healthier alternatives.
This report provides a thorough assessment of the Honduras confectionery industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product type, packaging type and distribution channel. Through this detailed assessment, the report helps uncover the growth potential of the confectionery industry.
Market Segmentation
The Honduras confectionery market is categorized into the following segments:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, warehouse clubs, specialized stores, small grocery stores, foodservice channels, others
In Honduras, the confectionery market is segmented by product type, packaging type and distribution channel. The market is classified by product type into chocolate, gums, and sugar confectionery. Packaging type segments encompass flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments encompass convenience stores, forecourts, supermarkets and hypermarkets, warehouse clubs, specialized stores, small grocery stores, foodservice channels, and others.
Competitive Landscape
The confectionery market is dominated by key players, including The Hershey Company, Productos Alimenticios Diana S.A. de C.V., Nestle S.A., Mars Incorporated, Industria Confitera Centroamericana S.A., Grupo Arcor S.A. and Fabrica de Confites y Chicles Venus S.A. de C.V. . This comprehensive report analyzes the performance of leading companies in the confectionery sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Honduras Confectionery Market – Product Type Analysis
Honduras Confectionery Market – Packaging Type Analysis
Honduras Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– The Hershey Company
– Productos Alimenticios Diana, S.A. de C.V.
– Nestle S.A.
– Mars, Incorporated
– Industria Confitera Centroamericana, S.A.
– Grupo Arcor S.A.
– Fabrica de Confites y Chicles Venus, S.A. de C.V.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Honduras Confectionery Market 2019-2029
Chart Honduras Confectionery Market, Net Growth, 2019-2029
Chart Honduras Confectionery Market, Growth Rates, 2019-2029
Table Honduras Confectionery Market by Product Type, 2019-2029
Chart Honduras Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Honduras Confectionery Market by Product Type, 2019-2029
Table Honduras Confectionery Market by Packaging Type, 2019-2029
Chart Honduras Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Honduras Confectionery Market by Packaging Type, 2019-2029
Table Honduras Confectionery Market by Distribution Channel, 2019-2029
Chart Honduras Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Honduras Confectionery Market by Distribution Channel, 2019-2029
Table Honduras Confectionery Market Share (%), by Companies, 2019-2023
Chart Honduras Confectionery Market, by Companies, 2023
Table Honduras Confectionery Market Share (%), by Brands, 2019-2023
Chart Honduras Confectionery Market, by Brands, 2023
Table Honduras – Population (Millions) and Forecast
Table Honduras – Consumer Price Index (CPI) and Forecast
Table Honduras – Gross Domestic Product and Forecast
Table Honduras Confectionery Market: Spend as a Proportion of GDP (%)
Table Honduras Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
Productos Alimenticios Diana, S.A. de C.V.
Nestle S.A.
Mars, Incorporated
Industria Confitera Centroamericana, S.A.
Grupo Arcor S.A.
Fabrica de Confites y Chicles Venus, S.A. de C.V.