Snacks

Chocolate confectionery saw a slowdown in demand in retail volume terms in 2023, thanks to inflationary pressures, which had a negative impact on purchasing power. As a result, consumers had less disposable income to spend on non-essential items,…

Thailand has returned to normality in 2023, following the restrictions created by the COVID-19 pandemic. Consumers have returned to out-of-home, on-the-go lifestyles, along with a large number of tourists visiting the country. As such, this revival…

With the rising cost of raw materials for chocolate confectionery, such as dairy ingredients, cocoa beans, sugar, and oil, many brands are actively seeking ways to improve their profit margins, such as reducing production costs by pushing product…

2023 is seeing innovative product development proving to be a significant driver of demand for countlines and chocolate pouches and bags in chocolate confectionery in Malaysia. Among the key players, Nestlé is showing a particular focus on…

Sugar confectionery continues to grow in value and volume terms in 2023, with the category continuing its recovery from the negative impact of the COVID-19 pandemic. The reopening of schools in August 2022 and the return to more active lives away…

Sweet biscuits, snack bars and fruit snacks witnessed declining sales in both volume and value terms in 22020 and 2021. This was mainly due to the contraction in sales of sweet biscuits, with major companies in this area such as Monde Nissin Corp and…

Mayora Indah Tbk PT maintains its overall company lead in sweet biscuits, snack bars and fruit snacks, however, in brand terms, it is Nabati (from Kaldu Sari Nabati Indonesia PT) which beats Mayora Indah’s Roma Wafello to the top brand place. Indeed,…

Inflationary conditions have resulted in increasing unit prices across sweet biscuits, snack bars and fruit snacks in 2023. This is expected to drive down volume sales for a second year, as consumers tighten their discretionary spending.…

Sweet biscuits continues to post positive retail volume and current value growth during 2023. This performance owes to players' ongoing innovation and development, offering interesting and unique flavours and toppings. Nevertheless, sweet biscuits,…

The growing health-consciousness trend in Indonesia has led to an increased demand for sugar-free, reduced-sugar, and functional confectionery products, as consumers seek guilt-free alternatives to traditional sweets. Functional ingredients, such as…

Increasing commodity prices, rising supply chain costs, and inflationary conditions have resulted in many manufacturers increasing their unit prices in sugar confectionery. As these products are dependent on many imported ingredients, the category is…

Retail volume growth of sugar confectionery remains relatively flat in 2023 due to a rising unhealthy perception of sugary sweets and the availability of more appealing substitutes in other snack categories. As price sensitivity is rising and…

Following a remarkable performance across snacks in the Philippines in 2022, there has been an overall deceleration of sales growth in 2023 as consumers have moved towards a normalisation of their spending behaviour. The market witnessed an ongoing…

Snacks in Indonesia has been showing signs of recovery following the disruptions of the COVID-19 pandemic, with social mobility gradually increasing. While the market is not fully recovered yet, there are still reasons for optimism, particularly with…

Australia had a delayed relaxing of COVID-19 restrictions in 2022, with the Omicron wave of the virus causing certain restrictions to remain in place at the beginning of the year. However, even as mobility restrictions eased, high case numbers and…

Following the outbreak of COVID-19, sales of snacks are continuing to recover in Algeria . However, this recovery is hampered by the uncertain economic climate, which is leading consumers to adapt their purchasing habits. Algeria, already fragile…

Thanks to the favourable economic performance and sustained marketing efforts of incumbent players such as Toby Marketing, Leslie Corp, and Universal Robina Corp sales of savoury snacks returned to growth in retail volume terms in 2022. The…

Garudafood Group maintains its lead in savoury snacks with its top Garuda brand (in nuts, seeds and trail mixes). The player also offers a diverse product range, with brands Pilus (in puffed snacks), Leo (in salty snacks/ potato chips), and Gery (in…

Australia has been experiencing unprecedented inflation, which is causing consumers to restrict their discretionary spending. On the supply side, manufacturers are facing increased input costs resulting from commodities, energy, and supply chain…

The ongoing economic hardship, deepened first by the impact of COVID-19 and then by the global crisis, is leading to rising inflation and the depreciation of the Algerian dinar. This is driving a decline in disposable income levels and, therefore, a…