Chocolate confectionery will register moderate constant value growth over the forecast period. However, if prices remain high, more affordable brands such as those from Russia and Turkey, as well as local brands, will gain value share.
Modern grocery retailers will continue to steal value share over the forecast period. This will be fuelled by continued growth in the number of outlets and reshaping of the retail landscape towards convenience stores, supermarkets and hypermarkets.
Although boxed assortments will register growth once again, after a decline during the pandemic, growth will be muted. Sweet biscuits are more popular in Azerbaijan as a gift when visiting than boxed assortments and this will dampen volume growth over the forecast period.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Azerbaijan with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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Chocolate Confectionery
This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.
See All of Our DefinitionsThis report originates from Passport, our Chocolate Confectionery research and analysis database.
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