Sugar Confectionery

Sugar confectionery is achieving positive sales in both value and volume terms in Italy in 2024. However, performance differs between categories, with boiled sweets and pastilles, gummies, jellies and chews seeing good growth in both value and volume…

Sugar confectionery in South Korea saw solid retail volume and current value growth in 2023, and this trend is expected to be maintained in 2024. Standard mints is set to see one of the strongest growth rates in sugar confectionery in South Korea in…

Sugar confectionery in Japan is set to see low growth in retail volume terms and more dynamic growth in current value terms in 2024. There is an abundance of Stock Keeping Units (SKUs) in sugar confectionery, with new products and concepts…

Sugar confectionery in Hong Kong continues to record positive growth rates in 2024, despite a slowdown in overall snacking habits due to less time spent at home. Driven by heightened health awareness, local consumers are increasingly seeking…

Sugar confectionery in Ireland is among the categories heavily affected by rising production costs in 2024, having already recorded losses in retail volume terms in 2023 as product prices limited impulse purchases. Global sugar shortages are expected…

2024 is seeing positive retail volume sales for sugar confectionery in Morocco, though the pace has not picked up since 2023 and has slowed since 2022 is a trend set to persist throughout the forecast period. The category is sizeable and demand is…

Sugar confectionery in Saudi Arabia continues to register healthy growth in retail volume and current value terms. In addition to economic factors, including an easing inflation rate and an increase in the rate of employment, sales are being driven…

Sugar confectionery is seeing strong growth in 2024, both in volume and value terms. While consumers have seen their purchasing power reduced due to high inflation and a sharp increase in the cost of living they are still allowing themselves small…

In the Netherlands in 2024, all members of sugar confectionery are suffering retail volume sales decline while at the same time seeing current value sales rise as a result of unit price hikes. The exception is power mints, which is only showing…

2023 was a negative year for sugar confectionery in the UK. Heightened costs across the supply chain, including transportation, energy, labour and raw materials such as sugar, resulted in double-digit price increases for the category. Inflationary…

Shrinkflation has emerged as a notable strategy employed by producers of sugar confectionery in Chile to navigate cost increases, while safeguarding their profit margins without substantially raising prices. Shrinkflation refers to the practice of…

Sugar confectionery is expected to see current value growth in 2024. In 2023, the price of sugar globally increased significantly. This inevitably had a direct impact on the sugar confectionery category, as one of the main ingredients in products in…

Sugar confectionery in Mexico remained a popular category of snacks towards the end of the review period. In 2024, Mexico is expected to occupy second place in terms of the consumption of sweets and chocolate in Latin America. Local consumers’ love…

Sugar confectionery in Nigeria is falling in the face of the negative impact of inflationary conditions and a weak economy in 2024. Local consumers grapple with falling incomes and reduced spending power and are thus prioritising core and essential…

Nidar is the biggest brand in sugar confectionery in Norway and has gained marginal market share in 2024. The brand’s product lines are traditional, which is true for brands in most of the mature segments within the overall category. The general…

In 2023, sugar confectionery in Argentina registered a healthy increase in retail volume sales to record the most dynamic growth performance within confectionery. However, over 2024, sugar confectionery is expected to post a contraction in retail…

Current value sales growth for sugar confectionery in Azerbaijan in 2024 looks set to be slower than in 2023, mainly because upward pressure on unit prices has eased somewhat thanks to a reduction in the rate of inflation. The latter factor has also…

Sugar confectionery in Canada is experiencing a deceleration in value growth during 2024. This slowdown can be attributed to two key factors. Firstly, a significant rise in sugar confectionery prices has led consumers to seek alternative sweet…

Sugar confectionery in Colombia is affected by unit prices rises amid increasing production costs and still relatively high inflation in the market. While limiting consumption increases, rising unit prices exert upward movement in retail current…

The market for sugar confectionery in Egypt is expected to witness a slight decline in sales in retail volume terms in 2024. This is due to significant hikes in the prices of imported raw materials, such as sugar, thanks to multiple currency…

In 2024, sugar confectionery in Peru is seeing boiled sweets losing ground among local consumers as lollipops gains traction. This trend can be attributed to several factors, including a lack of innovation in boiled sweets compared to lollipops. The…

Sugar confectionery remains in a negative-figure volume slump in Portugal in 2024, while value is better supported by price hikes. Sugar confectionery is not a particularly popular snacks category in the country, thus inflationary-led price increases…

Sugar confectionery is seeing a negative-digit volume slump in 2024, whilst value is supported by price hikes. Notably, sugar confectionery falls under the shadow of the VAT increase, starting 1 January 2024, from 9% to 19% for food products with…

Sugar confectionery is set to see current value growth in Sweden in 2024. The competition in sugar confectionery is intense, forcing players to be innovative and responsive to ongoing consumer trends. One interesting value-added sugar confectionery…

Sugar confectionery is set to register falling volume sales and rising value sales in Switzerland in 2024. This was primarily due to rising prices, which boosted value but deterred increasingly budget conscious consumers from purchasing such…

Indulgence serves as the primary growth driver for sugar confectionery in the United Arab Emirates, reflecting evolving consumer preferences and lifestyles. Local consumers are inclined to treat themselves with confectionery that offers moments of…