Prices of snacks, including chocolate confectionery, are set to continue to rise over the forecast period. Besides global factors, such as the ongoing war in Ukraine, this will be due to political unrest arising from the Israeli government’s proposed overhaul of the judicial system, which could see the shekel weakening in comparison to other currencies.
The premiumisation trend is expected to have a positive impact on chocolate confectionery during the forecast period. Chocolate confectionery will continue to be regarded as an affordable luxury or “mood booster”, and will hence still be purchased on impulse, even as prices rise.
E-commerce is expected to grow in importance over the forecast period, supported by a greater need for convenience. Fast deliveries, as offered by companies such as Wolt, will become more popular, thanks to the expansion of these services to more communities in Israel.
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Understand the latest market trends and future growth opportunities for the Chocolate Confectionery industry in Israel 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.
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This is the aggregation of tablets, countlines, chocolate pouches and bags, boxed assortments, seasonal chocolate, chocolate with toys, and other chocolate confectionery. Nuts and fruits covered in chocolate are included in this category. Note that chocolate overtly positioned for baking/cooking purposes is excluded from Euromonitor International's confectionery coverage.See All of Our Definitions
This report originates from Passport, our Chocolate Confectionery research and analysis database.
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