With accelerating growth dynamics, the Ghana confectionery sector is anticipated to expand by USD 109.8 million, exhibiting a robust CAGR of 10.5% during the period from 2024 to 2029. In Ghana, the confectionery market is driven by a growing middle class and rising consumer spending on indulgent products. The increasing popularity of locally manufactured items, alongside the expansion of modern retail outlets, is enhancing market penetration.
The report provides a comprehensive analysis of the Ghana confectionery industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product type, packaging type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the confectionery sector.
Market Segmentation
The segmentation of the Ghana confectionery market is outlined below:
Product type: chocolate, gums, sugar confectionery
Packaging type: flexible packaging, folding cartons, rigid plastic, metal, others
Distribution channel: convenience stores, forecourts, supermarkets and hypermarkets, small grocery stores, foodservice channels, others
The confectionery market in Ghana is segmented based on product type, packaging type and distribution channel. The market is classified by product type into chocolate, gums, and sugar confectionery. Packaging type segmentation includes flexible packaging, folding cartons, rigid plastic, metal, and others. Distribution channel segments cover convenience stores, forecourts, supermarkets and hypermarkets, small grocery stores, foodservice channels, and others.
Competitive Landscape
The competitive landscape of the confectionery market features leading companies such as PZ Cussons Plc, Perfetti Van Melle Group, Niche Cocoa Company Limited, Nestle S.A., Mondelez International Inc., Mars Incorporated and Cocoa Processing Company Limited (CPC). This report presents an extensive analysis of major entities in the confectionery market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Ghana confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Ghana confectionery market: product type, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ghana confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ghana confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Ghana Confectionery Market – Product Type Analysis
Ghana Confectionery Market – Packaging Type Analysis
Ghana Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– PZ Cussons Plc
– Perfetti Van Melle Group
– Niche Cocoa Company Limited
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Cocoa Processing Company Limited (CPC)
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Ghana Confectionery Market 2019-2029
Chart Ghana Confectionery Market, Net Growth, 2019-2029
Chart Ghana Confectionery Market, Growth Rates, 2019-2029
Table Ghana Confectionery Market by Product Type, 2019-2029
Chart Ghana Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Ghana Confectionery Market by Product Type, 2019-2029
Table Ghana Confectionery Market by Packaging Type, 2019-2029
Chart Ghana Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Ghana Confectionery Market by Packaging Type, 2019-2029
Table Ghana Confectionery Market by Distribution Channel, 2019-2029
Chart Ghana Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Ghana Confectionery Market by Distribution Channel, 2019-2029
Table Ghana Confectionery Market Share (%), by Companies, 2019-2023
Chart Ghana Confectionery Market, by Companies, 2023
Table Ghana Confectionery Market Share (%), by Brands, 2019-2023
Chart Ghana Confectionery Market, by Brands, 2023
Table Ghana – Population (Millions) and Forecast
Table Ghana – Consumer Price Index (CPI) and Forecast
Table Ghana – Gross Domestic Product and Forecast
Table Ghana Confectionery Market: Spend as a Proportion of GDP (%)
Table Ghana Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
PZ Cussons Plc
Perfetti Van Melle Group
Niche Cocoa Company Limited
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Cocoa Processing Company Limited (CPC)