Confectionery & Snacks - Chad

Chad

Highlights

Revenue in the Confectionery & Snacks market amounts to US$637.90m in 2024. The market is expected to grow annually by 5.51% (CAGR 2024-2029).
In global comparison, most revenue is generated United States (US$135bn in 2024).
In relation to total population figures, per person revenues of US$33.85 are generated in 2024.
In the Confectionery & Snacks market, volume is expected to amount to 147.20m kg by 2029. The Confectionery & Snacks market is expected to show a volume growth of 2.4% in 2025.0.
The average volume per person in the Confectionery & Snacks market is expected to amount to 6.9kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Confectionery and Snack Food market in Chad is experiencing slow growth, influenced by factors such as limited consumer awareness and preference for traditional snacks. The market's minimal growth rate is also impacted by the lack of infrastructure and distribution channels, hindering the availability of products to consumers. However, the growing population and increasing disposable income may drive future growth opportunities for the market.

Customer preferences: The Confectionery & Snacks Market within The Food market in Chad has seen a notable shift towards healthier snack options, driven by the growing health-consciousness among consumers. This trend is also influenced by the increasing availability of healthy snack alternatives, such as plant-based and organic options. Additionally, there is a rising demand for sustainable and ethically-sourced snacks, as consumers become more environmentally conscious. These preferences are also reflected in the packaging choices of confectionery and snack brands, with a growing emphasis on eco-friendly and biodegradable packaging materials.

Trends in the market: In Chad, the Confectionery & Snacks Market within The Food market is experiencing a surge in demand for healthier snack options, particularly among younger consumers. This trend is driven by increasing awareness of the negative health effects of traditional snacks, as well as a growing emphasis on wellness and healthy living. As a result, companies are investing in new product lines and reformulating existing offerings to meet this demand. This trend is expected to continue, as consumers become more health-conscious and seek out healthier snacking options. Industry stakeholders should take note of this trend and adapt their strategies to cater to this growing market segment.

Local special circumstances: In Chad, the Confectionery & Snacks Market is heavily influenced by the country's geographical location and limited access to imported goods. With a large portion of the population living in rural areas, local snack and confectionery brands have emerged to cater to the market's needs. Additionally, Chad's strict regulations on imported food products have created a demand for locally sourced and produced snacks and confectionery. This has led to the development of unique and diverse flavor profiles that are specific to Chad's market, setting it apart from other markets in the region.

Underlying macroeconomic factors: The Confectionery & Snacks Market within The Food market in Chad is heavily influenced by macroeconomic factors such as global economic trends, national economic health, and fiscal policies. The country's high poverty rate and limited access to credit have hindered the growth of the market. However, the recent economic reforms and investments in infrastructure have shown some positive impact on the market. Additionally, the increasing demand for convenience food and snacks due to the growing urbanization and changing consumer preferences is expected to drive the market growth. Furthermore, the rising disposable income and improving living standards in the country are likely to contribute to the growth of the Confectionery & Snacks Market in Chad.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.