The market for confectionery is set for moderate growth, with projections indicating an increase of USD 221.1 million and a compound annual growth rate (CAGR) nearing 7.6% over the forecast period. The confectionery market in Myanmar is expanding due to rising disposable incomes and a growing urban population that is increasingly adopting Western-style treats. The expansion of modern retail channels is boosting product accessibility, while younger consumers are driving demand for innovative flavors and formats.
The report provides a comprehensive analysis of the Myanmar 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 Myanmar 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 the Myanmar is segmented by product type, packaging type and distribution channel. In terms of product type, the market is segmented into chocolate, gums, and sugar confectionery. Packaging type segments are divided into 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
Top players featured in the Myanmar confectionery market study include United Foods PCL, Perfetti Van Melle Group, Nestle S.A. and Mars Incorporated. 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 Myanmar confectionery market.
Gain in-depth analysis and forecasts for the key segments of the Myanmar 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 Myanmar confectionery market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Myanmar 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
Myanmar Confectionery Market – Product Type Analysis
Myanmar Confectionery Market – Packaging Type Analysis
Myanmar Confectionery Market – Distribution Channel Analysis
Key Players and Market Share
– United Foods PCL
– Perfetti Van Melle Group
– Nestle S.A.
– Mars, Incorporated
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Myanmar Confectionery Market 2019-2029
Chart Myanmar Confectionery Market, Net Growth, 2019-2029
Chart Myanmar Confectionery Market, Growth Rates, 2019-2029
Table Myanmar Confectionery Market by Product Type, 2019-2029
Chart Myanmar Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart Myanmar Confectionery Market by Product Type, 2019-2029
Table Myanmar Confectionery Market by Packaging Type, 2019-2029
Chart Myanmar Confectionery Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Myanmar Confectionery Market by Packaging Type, 2019-2029
Table Myanmar Confectionery Market by Distribution Channel, 2019-2029
Chart Myanmar Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Myanmar Confectionery Market by Distribution Channel, 2019-2029
Table Myanmar Confectionery Market Share (%), by Companies, 2019-2023
Chart Myanmar Confectionery Market, by Companies, 2023
Table Myanmar Confectionery Market Share (%), by Brands, 2019-2023
Chart Myanmar Confectionery Market, by Brands, 2023
Table Myanmar – Population (Millions) and Forecast
Table Myanmar – Consumer Price Index (CPI) and Forecast
Table Myanmar – Gross Domestic Product and Forecast
Table Myanmar Confectionery Market: Spend as a Proportion of GDP (%)
Table Myanmar Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
United Foods PCL
Perfetti Van Melle Group
Nestle S.A.
Mars, Incorporated