Snacks

Recent figures from the Food Chamber of the National Association of Businessmen of Colombia (Andi) suggest a robust ice cream consumption rate in Colombia, with an annual per capita intake of 3.4 litres recorded in December 2022. Crucial to this…

As pre-pandemic life resumes in Costa Rica, consumers are enjoying being outside and socializing once again, especially in Costa Rica´s warm climate. Retail volume sales in ice cream parlours continues to recover in 2023, although this trend is…

Impulse ice cream continues to bounce back after the slump it experienced during the pandemic. With more people on the streets of Ecuador, single-portion consumption has managed to recover. Moreover, there were still limitations in 2022 that affected…

In 2023, savoury snacks was affected by inflationary pressure seen in international markets for certain ingredients. The impact on prices was greater for imported brands which suffered from a rise in the cost of ingredients such as edible oil, which…

Retail volume growth in savoury snacks is seeing a slowdown in 2023, triggered by increasing unit prices. Savoury snacks, not perceived as essential items by consumers, are experiencing a decline in demand as locals explore less expensive options.…

With inflation remaining high in 2023, brand loyalty remains weak among most lower income consumers, who normally purchase the cheapest option available when it comes to salty snacks. Price-competition is therefore stronger in the mass segment, as…

Ready-to-eat popcorn is thriving in 2023 following a period of significant growth in recent years. New players have entered to compete against some of the most traditional players including Quala with its brand Popetas and Colsigna with the Planet…

The snacks market in Bolivia in 2023 benefited from the growth of impulse purchases in single portion formats, mainly in sugar confectionery, savoury biscuits and impulse ice cream. After COVID-19, consumers resumed their activities outside of the…

Following the economic downturn, Colombia has been on an encouraging path to recovery since the second half of 2021, with the growth trajectory solidifying by the end of 2022 when an impressive rise of 7.5% was registered. This economic resurgence…

Increased socialising and the return to post-pandemic habits is supporting the snacks category in 2023. Although inflation continues to cut into discretionary incomes and consumers remain price sensitive, most consumers have become accustomed to…