Gummies should continue to rank among the best performing product types in sugar confectionery over the forecast period. Available in a wide variety of flavours, shapes and pack sizes, they have a particularly strong appeal among young children, but are steadily becoming more popular among adult consumers.
It is expected inflationary pressures fuelled by Bolivia’s balance of payments crisis will continue to weaken purchasing power among consumers and drive up unit prices across sugar confectionery over the forecast period. This should enable domestic manufacturers offering more affordable products to gain ground at the expense of imported competitors in many categories.
Medicated confectionery looks set to record solid growth in retail volume sales throughout the forecast period. The functional nature of these products and the fact that many Bolivians are more willing to use them to treat minor illnesses like coughs and colds in the wake of the pandemic should ensure the category is relatively well insulated from challenging economic conditions.
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Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in Bolivia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sugar Confectionery industry in Bolivia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See All of Our DefinitionsThis report originates from Passport, our Sugar Confectionery research and analysis database.
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