Market Insights Consumer Food Confectionery & Snacks

Confectionery - Burundi

Burundi

Revenue in the Confectionery market amounts to €244.70m in 2024. The market is expected to grow annually by 5.58% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€77bn in 2024).
In relation to total population figures, per person revenues of €18.01 are generated in 2024.
In the Confectionery market, volume is expected to amount to 69.81m kg by 2029. The Confectionery market is expected to show a volume growth of 1.7% in 2025.
The average volume per person in the Confectionery market is expected to amount to 4.6kg in 2024.

Key regions: Spain, Canada, Japan, South Korea, Russia

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Confectionery & Snacks Market in Burundi has experienced minimal growth due to factors such as low consumer awareness and limited availability of digital technologies. Additionally, the sub-markets of Chocolate Confectionery, Sugar Confectionery, Ice Cream, and Preserved Pastry Goods & Cakes have been impacted by the country's economic challenges and limited infrastructure. This has resulted in a negligible growth rate for the overall Confectionery Market in Burundi.

Customer preferences: In Burundi, the Confectionery Market is experiencing a rise in demand for healthier options, as consumers become more health-conscious. This trend is driven by a growing awareness of the importance of nutrition and the impact of food on overall well-being. As a result, there is a shift towards products with natural and organic ingredients, as well as those that are free from artificial additives and preservatives. This change in consumer preferences is also influenced by cultural values and traditions that prioritize fresh and locally-sourced foods.

Trends in the market: In Burundi, the Confectionery market is experiencing a shift towards healthier options, with consumers increasingly seeking out products made with natural ingredients and free from artificial additives. This trend is driven by a growing awareness of the health benefits of clean eating and a desire for more sustainable and ethical food choices. As a result, manufacturers are introducing new products and reformulating existing ones to cater to this demand. This trend is expected to continue, with consumers becoming more health-conscious and seeking out products that align with their values. This presents opportunities for industry stakeholders to tap into this growing market segment and differentiate themselves from competitors by offering healthier and more transparent products. However, it also poses challenges, as manufacturers will need to navigate the complexities of sourcing and producing clean label products while maintaining profitability.

Local special circumstances: In Burundi, the Confectionery market is heavily influenced by cultural factors, with a strong preference for traditional sweets made with local ingredients. Additionally, the country's geographical location and limited access to imported goods have resulted in a unique market for confectionery products. Regulatory challenges also play a role, as the government has imposed strict regulations on imported confectionery items, leading to a rise in locally produced options. These factors contribute to a distinct market dynamic in Burundi, setting it apart from other markets in the Confectionery & Snacks market within The Food market.

Underlying macroeconomic factors: The Confectionery Market of the Confectionery & Snacks Market within The Food market is heavily influenced by macroeconomic factors such as consumer disposable income, population growth, and consumer preferences. As the global economy continues to recover from the effects of the pandemic, consumer spending is expected to increase, leading to a higher demand for confectionery products. In addition, the growing population in Burundi presents a significant market opportunity, as more people will be seeking affordable and convenient snacking options. Moreover, changing consumer preferences towards healthier and more natural ingredients are also shaping the confectionery market in the country, with a rise in demand for products with reduced sugar and organic ingredients.

Methodology

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.