Top Growth Opportunities: Confectionery in the Netherlands
NEW YORK, Nov. 13, 2017 /PRNewswire/ -- Summary
Netherlands is the largest confectionery market in terms of per capita expenditure (in US dollar terms). The per capita expenditure on confectionery products in US dollar terms grew, by 2.0% CAGR in the last five years, owing to the weakening of the euro against the US dollar. However, it is expected to grow at a higher CAGR during 2016-2021.
Read the full report: https://www.reportlinker.com/p05175894
Dutch confectionery market is being led by the chocolate category, which recorded modest growth at a CAGR of 3.1% during 2011-2016. However, it is expected to record strong growth in the next five years and will be worth US$1.6 Billion in 2021. Sugar confectionery, the second-largest category in the market, is expected to record the slowest growth during 2016-2021. On the other hand, gum, which is the smallest value category, recorded growth at a CAGR of 3.6% during 2011-2016. It is forecast to continue being the fastest-growing category in the next five years and will be worth US$0.4 Billion in 2021.
The report "Top Growth Opportunities: Confectionery in the Netherlands", provides an overview of the confectionery market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. Proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for confectionery producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.
Companies mentioned in this report: Tirol Choco, Esthechoc, Naive, Fudge Kitchen, Ridiculously Good, Katja Knuffiesfeest, Cereal Stevia Sweet, lovechock, Diesch, Vinoos by AMS, Gerard van Riessen B.V., Frisia, Look O Look, Artisan Du Chocolat London.
Scope
- This growth during the forecast period is primarily attributed to high disposable incomes and quality consciousness of the working population, which propels them to spend on indulgent confectionery products as a way to relax after a hectic day.
- Furthermore, the majority of Dutch consumers are willing to spend more on confectionery products that are organic in origin and are labeled as 'Fairtrade'.
- Consequently, the Dutch confectionery market offers strong opportunities and is clearly a long-term market.
Reasons to buy
- Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
- Identify the areas of growth and opportunities, which will aid effective marketing planning.
- The differing growth rates in regional product sales drive fundamental shifts in the market.
- This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
- Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
Read the full report: https://www.reportlinker.com/p05175894
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