Key regions: Japan, India, China, United Kingdom, South Korea
The Snack Food Market in Qatar is experiencing minimal growth due to factors such as increasing health consciousness among consumers, the convenience of online shopping, and the popularity of healthier snack options like Tortilla Chips, Flips & Pretzels, Potato Chips, and Cookies & Crackers.
Customer preferences: In Qatar, consumers are increasingly gravitating towards healthier snacking options such as plant-based and gluten-free snacks. This trend is driven by a growing awareness of the impact of diet on overall health and wellness. In addition, there is a growing demand for convenient and on-the-go snacking options, especially among young professionals and busy families. As a result, companies are innovating with new flavors and packaging formats to cater to these shifting preferences.
Trends in the market: In Qatar, the Snack Food Market of the Confectionery & Snacks Market within The Food market is seeing a surge in demand for healthier snack options. With rising health consciousness among consumers, there is a growing trend of incorporating organic and natural ingredients in snack products. This trend is expected to continue as consumers become more health-conscious and look for snacks that are nutritious and provide functional benefits. This presents an opportunity for industry stakeholders to tap into this market by offering healthier snack options and promoting them as such to cater to the changing preferences of consumers.
Local special circumstances: In Qatar, the Snack Food Market is heavily influenced by the country's large expatriate population, who have a preference for international snack brands from their home countries. This has led to a diverse range of snack options available in the market. Additionally, the hot climate and busy lifestyle of Qataris has also contributed to the popularity of on-the-go snack options. The country's strict halal regulations have also shaped the market, with a majority of snacks being halal certified to cater to the Muslim population.
Underlying macroeconomic factors: The Snack Food Market of the Confectionery & Snacks Market within The Food market in Qatar is heavily influenced by macroeconomic factors such as consumer spending, population demographics, and government policies. The country's growing economy and increasing disposable income have led to a rise in demand for convenience foods, including snacks and confectionery products. Additionally, the government's efforts to diversify the economy and promote tourism have boosted The Food market, creating new opportunities for market players. Moreover, the country's young and urbanized population, coupled with a growing expatriate community, is driving the demand for convenient and on-the-go snacks, further fueling market growth.
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.
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