Market research on the snacks industry. Standardised and cross-co...
Market research on the snacks industry. Standardised and cross-comparable statistics including total market sizes, market share and brand performance, distribution and industry trends. Insight and data cover chocolate and sugar confectionery, gum, s...
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.…
When inflation started to be significant in 2017 in Turkey, chocolate confectionery was experiencing a peak in volume growth, benefiting from new launches. Throughout the high inflation period, companies looked to downsize standard tablet chocolate…
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…
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…
Overall, despite economic uncertainties in the country, demand for chocolate confectionery is resilient in 2023.
Chocolate confectionery, as a product area, is set to see retail volume sales continue to normalise in 2023 following the surge seen during the COVID-19 pandemic. However, inflation and rising production costs had an impact on the development of unit…
Chocolate confectionery suffered less from inflation in 2022 compared to many other food categories as global cocoa prices remained stable. However, rising prices of ingredients such as sugar, milk, and oils still put additional pressure on…
Despite the increase in chocolate confectionery consumption during the pandemic, due to consumers spending more time at home and indulging in treats, the category continues to grow, both in volume and value. We are, however, seeing different trends…
There is set to be a moderate decline for chocolate confectionery sales in 2023, primarily due to resumed cross-border trade with Sweden. In addition, ongoing inflations have led to an increase in unit price points, which has challenged sales as…
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)…