Snacks

The snacks market is set to be hampered by high inflation in 2023, leading to muted growth of non-essential categories, such as boxed assortments. While the market is recovering from the economic shock of COVID-19, with sales maintaining positive…

Snacks remain popular in Kuwait seeing healthy growth in 2022 and 2023. Sales are being supported by the expansion of modern grocery retailers and the rise of e-commerce which is improving access to a range of snacks. Despite this, the country’s high…

The snacks market in Ghana is set to experience a slight decline in retail volume sales in 2023, while current value sales are expected to grow strongly on the back of sharp increases in price. Prices have risen as manufacturers have passed on…

In 2022, and continuing into 2023, inflation was fuelled by increases in the costs of food and energy, particularly exacerbated by the Russian invasion of Ukraine. Therefore, although consumers have still been open to purchasing indulgence products,…

In 2023, sugar confectionery is set to see strong performances in both retail volume and current value terms in Uzbekistan. After sales stagnated in 2020, and rebounded in 2021, there was slow expansion in 2022, and even stronger growth is expected…

Snacks is expected to see another successful year in 2023, remaining resilient despite a turbulent period due to impacts from the war in Ukraine and inflationary pressures. As a result of the removal of pandemic restrictions in 2022, and a return to…

While in 2020 and 2021, savoury snacks were considered as a treat for consumers to fight the boredom of home seclusion during the pandemic, in 2022 and 2023, in the post-COVID-19 period, people have been returning to their previous routines, and…

With the lifting of COVID-19 restrictions and the return to everyday routines, ice cream returned to growth, and 2023 is set to see an even stronger retail volume increase than 2022, and maintain double-digit current value growth. With hot summers,…

After seeing a retail volume decline in 2020 during the first year of the pandemic, gum returned to growth, and this is set to continue in 2023 as impulse consumption occasions continue to return. Although volume sales are set to rise, current value…

Rising inflation has been denting households’ purchasing power and consumer spending in 2023. Nevertheless, despite certain shifts in consumer behaviour, willingness to spend on chocolate confectionery is still rising in 2023, and retail volume sales…

In 2022, sweet biscuits recorded positive volume growth after two years of registering declining sales, with positive growth also expected in 2023. The good performances in 2022 and 2023 are, in part, explained by a better supply after the production…

National Brands is set to continue to lead sweet biscuits in retail value terms in 2023, despite strong competition from private label lines and rising unit prices in South Africa. During 2023 unit prices are set to increase by double digits, driven…

Sweet biscuits, snack bars and fruit snacks in Germany continues to face strong price increases in 2023, following a significant rise the previous year, primarily driven by the soaring cost of ingredients. Key components such as grain, sugar, nuts,…

Sugar confectionery continued to see a strong rebound in 2022 in volume terms, with further positive growth expected in 2023, when sales are expected to surpass pre-pandemic levels. Although a mandatory quarantine was not enforced during the…

Sugar confectionery is set to record high single-digit retail current value growth in 2023; however, rising unit prices are expected to drive down retail volume demand. Most categories are projected to see double-digit growth in unit prices as a…

The pandemic period was challenging for sales of sugar confectionery in Germany. Not all snacks benefited from larger shopping trips to supermarkets and discounters, while less mobility and children staying home from school, dampened overall retail…

In 2022, GDP in Uruguay increased by 4.9%, surpassing pre-pandemic levels, and was continuing to grow in 2023, helping to drive demand for snacks. Tourism, mainly international tourist visitors from Argentina and Brazil, was badly affected during the…

2023 has marked another tough year for consumers in South Africa, with double-digit food inflation, rising interest rates, and continuous rolling blackouts (loadshedding). Loadshedding has affected the entire supply chain, as well as consumers, as…

2023 is a promising year for Germany in many ways. The impact of the pandemic is waning and it is the first year without any major restrictions to negatively affect consumer behaviour; even at the beginning of 2022, some restrictions were still in…

Savoury snacks was recording positive growth in volume and value terms in 2022, with a similar trend expected in 2023. All the categories in savoury snacks were registering increasing sales in 2022, with this also expected to be the case in 2023.…