Key regions: Japan, India, China, United Kingdom, South Korea
The Snack Food Market in Chad has been experiencing minimal growth, impacted by factors such as limited consumer awareness and low disposable income. Despite the sub-markets of Tortilla Chips, Flips & Pretzels, Potato Chips and Cookies & Crackers, the market has been slow due to lack of digital technologies and limited online services.
Customer preferences: In Chad, there has been a growing demand for healthier and more nutritious snack options, which has led to a rise in the availability of organic, gluten-free, and plant-based snacks. This trend is driven by a shift towards healthier eating habits and a growing awareness of the impact of food on overall well-being. Additionally, there has been an increase in demand for locally sourced snacks, as consumers prioritize supporting local businesses and reducing their carbon footprint. This has also led to a rise in the popularity of traditional snack options made with locally grown ingredients, catering to cultural preferences and promoting sustainable practices.
Trends in the market: In Chad, the Snack Food Market of the Confectionery & Snacks Market within The Food market is experiencing a shift towards healthier options as consumers become more health-conscious. This trend is also reflected in the growing demand for organic and natural snacks. Additionally, there is a rising interest in ethnic and exotic flavors, as well as unique packaging designs. These trends are expected to continue, as consumers prioritize convenience and variety in their snacking choices. Industry stakeholders should capitalize on this by offering a diverse range of healthy and unique snack options to cater to this evolving market.
Local special circumstances: In Chad, the Snack Food market is heavily influenced by the country's geographical location and limited access to imported goods. The market is dominated by locally produced snacks made from traditional ingredients, such as millet and peanuts. These snacks cater to the local taste preferences and are more affordable for the majority of the population. Additionally, the government's strict regulations on food imports have limited the presence of international snack brands, making local products the preferred choice for consumers.
Underlying macroeconomic factors: The Snack Food Market of the Confectionery & Snacks Market within The Food market is influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Countries with stable economic conditions and favorable fiscal policies are experiencing higher demand for snack foods due to increased consumer spending power. Additionally, changing consumer preferences and the growing trend of snacking on-the-go are also contributing to the growth of the snack food market in Chad. However, the market may face challenges due to fluctuations in commodity prices and currency exchange rates, which can impact production costs and pricing.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
