In 2012, the market of confectionery products within the Russian Federation increased 4.5 percent to some USD11.9 billion. By 2017, the market size according to a forecast by Datamonitor is expected to increase by 22.7 percent to USD14.6 billion. Market growth by volume in 2012 stood at 3.1 percent. Total production of confectionery products was 1,550,800 kilograms. By the year 2017, the volume of the market by the weight of products manufactured is going to rise 15.6 percent to some 1,792,500 kilograms.
The largest subsector of the confectionery market is sugar-based products, which accounts for nearly 46.9 percent of the market. The Russian confectionery market itself comprises 16.6 percent of the Europe-wide market.
The most significant participant on the Russian confectionery market is the United Confectionery Management Company, which has a 17.8-percent share of the market. The market overall is tight, as the biggest four manufacturers are together responsible for over 50 percent of the market volume.