Snacks

As of May 2020, Euromonitor International has further downgraded the baseline global real GDP growth forecast for 2020 to a range of -4.0% to -1.5. Advanced economies are expected to be the hardest hit in this recession, with their economic activity…

To help companies understand which categories are most primed for sustained e-commerce growth post-pandemic, Euromonitor developed the E-Commerce Readiness Model. This tool uses analytic modelling to determine which countries and categories have the…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession in nearly a century. Businesses are operating in a world of anxieties and uncertainties, not knowing what will be the new normal or when output and consumer spending…

The coronavirus (COVID-19) pandemic has triggered the most severe global recession since World War II. In Q4 2020, the end of the pandemic started as countries began administering effective vaccines among the population; however, vaccine distribution…

Chocolate confectionery was hit by the loss of impulse/on-the-go sales, fewer gifting occasions and a disrupted Easter period in 2020 due to Coronavirus (COVID-19), significantly affecting categories such as boxed assortments and seasonal chocolate.…

With much-reduced impulse and on-the-go consumption occasions in 2020 due to Coronavirus (COVID-19) lockdowns, closures and travel restrictions, impulse and unpackaged ice cream sales declined, resulting in a negative performance by the overall…

The digital revolution has been rewiring retail for years, leading to new business models, commerce ecosystems and channels for reaching and engaging consumers. The COVID-19 pandemic accelerated this transition, as e-commerce became the default…

The global outlook has improved as of Q1 2021, thanks to vaccination progress in many developed countries. Nevertheless, the recovery prospects remain distant for most economies in the face of the spread of new, more infectious variants of the virus.…

In Western Europe, the preventative health trend was accelerated by consumers’ rising health concerns due to the 2020 global pandemic. This resulted in several product launches positioned under the immune boost and/or wellbeing umbrellas. This report…

The COVID-19 pandemic has brought about significant changes in business models and consumer behaviour, as well as altering the ways and the geography many of us live, work, study and play. Understanding what changes will stick after the pandemic…

As consumers prepare fewer meals overall, while demanding more assistance for the ones they do, spending and brand equity will accrue to those companies providing fresh prepared meals on demand, from delivery aggregators to retailers, restaurant…

Retail sales of savoury snacks increased strongly in 2020, with people snacking more in the extra time spent at home due to Coronavirus (COVID-19). While growth slowed markedly in 2021, sales were still at much higher levels than prior to the…

The report examines inflation level and drivers globally and in the key countries. Global inflation is forecast to accelerate due to higher energy and commodity prices, disruptions in supply chains and weaker business confidence. Impact varies…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

After seeing dynamic pandemic-related growth in 2020 due to home seclusion, minimal changes in value sales were seen in 2021 and 2022, despite restrictions easing. With rising health-consciousness, a move towards snack bars and fruit snacks is being…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

Now in its seventh edition, this report explores the top digital shopper trends that will redefine commerce the most in the year ahead. Some of the trends included in this edition touch on topics such as second-hand shopping, community group buying,…

This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but remaining significantly above-trend. Geopolitical risks and uncertainty in the energy market are…

Retail sales of chocolate confectionery saw a sluggish performance in 2023, with minimal growth in both volume and constant value terms. As in 2022, sales were impacted by unseasonably hot summer weather, which hindered purchases during certain…

Over 2022, a number of categories of chocolate confectionery declined in retail volume sales terms. However, some registered growth: chocolate pouches and bags, seasonal chocolate and chocolate with toys. The return to pre-Coronavirus (COVID-19)…

Chewing gum saw a second year of positive, albeit modest growth in retail volume terms in 2023, following a period of heavy losses due to the impact of the COVID-19 pandemic. While the category benefited to some extent from the return of consumers to…

Gum is set to continue to see retail volume growth over 2023, albeit solely due to chewing gum and at a slower rate than in 2022. As a result, retail volume sales are set to remain below the 2019 re-pandemic level at the end of the review period.…

Ice cream represented the most buoyant category of the French snacks market in 2023, continuing the trend of the previous year. Sales were boosted by hot summer weather, combined with new product launches, which encouraged consumer purchases. Ice…

Unpackaged ice cream is predicted to continue to grow at a good pace in foodservice volume terms over 2023, and exceed the pre-Coronavirus (COVID-19) pandemic level in 2024. The easing of the COVID-19 threat and lifting of pandemic restrictions, and…

Savoury snacks saw a mixed performance in 2023, with more economical subcategories such as potato chips seeing stronger volume growth, alongside nuts and tortilla chips. By contrast, more expensive products, such as

All savoury snacks categories are set to record positive growth performances in 2023, in both retail volume and current value terms. Indulgence, a long tradition of consumption and complements to the popular aperitivo/aperitif support sales of…

Snacks saw a muted performance in retail volume terms in 2023, as the cost of living crisis continued to squeeze household budgets. While France was less affected by inflationary pressures than many of its neighbours, due to government support…

The production and supply of snacks in Italy continued to be affected by the war in Ukraine in 2023, and the prospects for the forecast period are uncertain in economic and political terms. In this vein, the sharp increases in consumer prices…

Sugar confectionery saw further progress in 2023, with retail volume sales exceeding pre-pandemic levels. Growth was boosted by the revival of children’s birthday parties and other social occasions, which led consumers to embrace sweets as an…

Sugar confectionery continues to recover from the sharp drop in retail volume and current value sales during the Coronavirus (COVID-19) crisis in 2020. Thus, in 2022, sugar confectionery closed with a positive growth performance in both retail volume…

Sweet biscuits saw a stagnant performance in 2023, in both volume and constant value terms. The market is already highly mature, with very limited scope for increasing consumption. Growing health concerns also played a role in dampening demand, as…

Sweet biscuits is projected to see growth in retail volume and current value sales over 2023, led by filled biscuits and cookies. Growth is expected to be much faster in current value than quite modest volume terms. Sweet biscuits is severely…

The UK’s economy was challenged by strong inflationary pressures in 2022. Similar to other categories in snacks, chocolate confectionery manufacturers were challenged by multiple shortages in the supply chain, which led to increasing costs in…

Following two consecutive years of sales decline, gum showed the first signs of recovery from the impact of COVID-19 in 2022. With local consumers gradually returning to their pre-pandemic habits and spending greater time outside of the home, gum…

Dairy ice cream has seen some of the highest price increases within dairy products, pushing local consumers to review their purchases and limit spending on their sweet impulses. In addition to these economic challenges, current HFSS regulation is…

Savoury snacks was one of the most severely affected categories by the supply chain crisis in 2022. The rising production costs due to the energy crisis, labour shortages, and the increasing price of raw materials across the entire supply chain led…

In 2023, the UK’s economy continues to be challenged by strong inflationary pressures. Similar to other food industries, snack manufacturers are having to address multiple shortages in the supply chain, in addition to increasing costs of…

Sugar confectionery recorded mixed results in 2022, with certain types benefiting from the recovery of on-the-go purchases, while others were severely hit by the implementation of the HFSS regulation, effective since October. Mints and medicated…

Numerous developments have been witnessed in sweet biscuits, snack bars and fruit snacks, given the current economic climate and new regulations. The cost-of-living crisis has forced consumers to rethink their spending and reduce unnecessary…

The COVID-19 pandemic had a significant negative impact on chocolate confectionery in Belgium, particularly in terms of gifting chocolate formats. With the closure of many non-essential stores and the cancellation of social events such as weddings…

The gum category suffered a significant setback due to the COVID-19 health crisis in 2020, particularly as it heavily relies on impulse purchasing. Many consumers opted for online shopping amidst pandemic-induced lockdowns, which led to a steep…

Consumers have resumed their more active lifestyles outside the home since quarantine limitations were lifted, which has also affected their product preferences. This change has also had an impact on the ice cream category, with more people beginning…

Pleasure remains the main purchasing motivation for consumers in savoury snacks. However, the growing importance attached to health is gradually shifting demand towards healthier options. More consumers are therefore looking for natural products,…

Snacks has seen solid retail volume growth in Belgium in recent years, and this is set to continue in 2023, due to the increasing demand for convenient and healthier snacking options amongst consumers. This growth has been further fuelled by the…

Indulgence remains the main driving force for sales of sugar confectionery in Belgium. Consumers are mainly looking for a moment of pleasure for themselves, or to share with others. They are thirsty for innovations, and are often willing to try new…

Although snacking is above all a question of pleasure and taste, the health aspect is also becoming increasingly important to consumers. Healthy and functional biscuits developed well in recent years, and as in every other category, consumers have…

The high rate of inflation prevailing in 2022 and 2023 has not had a major negative impact on the chocolate confectionery category in Denmark. Local players have managed to increase their sales and value by increasing prices, while favourable…

Inflation and increasing production costs are lifting unit prices in 2023, resulting in healthy retail value growth.

During the pandemic, consumers sought comfort in chocolate due to spending more time at home and had limited access to foodservice outlets. However, in 2023, there is a slight decline in chocolate sales volume, especially noticeable in the tablets…

The health and wellness trend continues to grow in Denmark. Danish consumers are increasingly concerned about sticking to a healthy lifestyle and are looking for healthy snack options. Within the gum category, manufacturers are trying to meet the…