Rising prices and the likelihood of higher sugar taxes will have a significant negative effect on demand for sugar confectionery products in the forthcoming period. The Irish government’s intent on higher sugar taxes could make sugar confectionery products less affordable, and could dent the industry's profitability.
In light of the aforementioned challenges, sugar confectionery manufacturers in Ireland may need to focus on developing healthier and more affordable alternatives in the coming years. This could include further reduction of the sugar content and incorporating healthier ingredients like fruit or nuts.
Sugar confectionery is projected to see a shift in its competitive landscape over the forecast period. The dominance of major players is expected to wane slightly, paving the way for the rise of private labels and minor brands.
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Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in Ireland with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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 Ireland, 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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