Chocolate confectionery will register moderate constant value growth over the forecast period. Inflation will be a major concern, due to the war in Ukraine and continuing global supply disruptions will also be a concern and will add further pressure to retail prices.
While small local grocers will continue to be the main distribution channel, 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.
Seasonal chocolate is set to maintain the highest value growth over the forecast period due to the growing popularity of this product range among local consumers, who enjoy the novelty of frequents product launches with seasonal chocolate. On the hand, tablets will register muted growth, as the format is saturated and there is little room for further growth.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in North Macedonia 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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This is the aggregation of tablets, countlines, bagged selflines/softlines, boxed assortments, seasonal chocolate, chocolate with toys, alfajores and other chocolate confectionery. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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