In 2024 and beyond, it is expected that gummies will continue to be among the most dynamic products within sugar confectionery in Bolivia. The growing interest in these products has also generated a resurgence of sales of sweets that in previous years were perceived as obsolete or associated with older generations.
Although the outlay on sugar confectionery impulse purchases is perceived as relatively low among most consumers, the volatility of raw material prices and increasing logistics costs in recent years have led to retail price adjustments, mainly among imported brands. Bon Bon Bum, the leader in lollipops, increased its prices; however, with a sharp sales contraction, the brand lowered its prices again and instead adjusted the volume of the product.
The Bolivian market, mainly in upper-middle-income urban segments, is showing greater interest in products offering health benefits. In line with this trend, the first products blending indulgence and functionality have started to appear, including Fini gummies with collagen, which also claims to be made with natural ingredients.
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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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