Confectionery & Snacks - Malta

Malta

Highlights

Revenue in the Confectionery & Snacks market amounts to US$187.60m in 2024. The market is expected to grow annually by 4.90% (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$349.50 are generated in 2024.
In the Confectionery & Snacks market, volume is expected to amount to 23.88m kg by 2029. The Confectionery & Snacks market is expected to show a volume growth of 3.0% in 2025.0.
The average volume per person in the Confectionery & Snacks market is expected to amount to 39.1kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Confectionery & Snacks Market in Malta is experiencing minimal growth, influenced by factors such as changing consumer preferences and increasing health consciousness. The sub-markets of Confectionery and Snack Food play a significant role in this trend, as consumers are looking for healthier and more diverse options in these categories. Additionally, the convenience and accessibility of online shopping have also impacted the market's growth rate.

Customer preferences: As consumer awareness about the harmful effects of processed snacks and sugary treats grows, there has been a noticeable shift towards healthier and more natural options in the Confectionery & Snacks Market within The Food market. This trend is driven by the increasing demand for clean and transparent ingredient lists, as well as a preference for plant-based and gluten-free alternatives. Additionally, there has been a surge in demand for functional snacks that offer added health benefits, such as protein bars and energy bites. This shift towards healthier snacking options is also influenced by the rising trend of mindful eating and a focus on overall wellness among consumers.

Trends in the market: In Malta, the Confectionery & Snacks Market within The Food market is experiencing a growing demand for healthier snack options, such as low-sugar and organic options. This trend is driven by increasing health consciousness among consumers and a growing focus on clean label and transparent ingredients. Industry players are responding by launching new product lines and reformulating existing ones. This trend is expected to continue, with potential implications for industry stakeholders to invest in research and development for healthier options and to adapt to changing consumer preferences.

Local special circumstances: In Malta, the Confectionery & Snacks Market within The Food market is influenced by the country's small size and dependence on tourism. The market is driven by demand from both locals and tourists, with a focus on traditional Maltese snacks and sweets. The country's strict food regulations also play a role in shaping the market, ensuring high quality and safety standards. Additionally, Malta's Mediterranean climate and culture heavily influence the types of snacks and confectionery consumed, with a preference for fresh, locally-sourced ingredients.

Underlying macroeconomic factors: The Confectionery & Snacks Market within The Food market in Malta is influenced by various macroeconomic factors, including global economic trends, national economic health, fiscal policies, and other relevant financial indicators. For instance, countries with stable economic conditions and favorable fiscal policies tend to have a higher demand for confectionery and snack products due to increased purchasing power among consumers. Additionally, the growing trend of on-the-go snacking and the increasing popularity of healthier snack options are also driving market growth in Malta and other regions. Furthermore, the impact of global economic trends, such as trade agreements and currency fluctuations, can also affect the market performance of the confectionery and snack industry in Malta.

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.