Confectionery

Moving into 2020, chocolate confectionery had been recording solid growth, with the continued strong demand for boxed assortments helping to drive overall sales. Boxed assortments sales had been increasing at a fast pace due to the ongoing trend…

While Portugal is considered to have one of the lowest rates of per capita chocolate confectionery consumption in Europe, COVID-19 will likely boost sales in 2020 due to more at-home consumption. Well before the first state of emergency was announced…

The overall chocolate confectionery market is expected to be impacted by COVID-19 in 2020 as certain special occasions which boost sales such as Songkran Day and personal occasions are postponed or cancelled to limit the spread of the virus. During…

South Korea’s chocolate confectionery category has a characteristic that the majority of sales occur around Valentine’s Day. However, in 2020, as the COVID-19 outbreak clashed with Valentine’s day in South Korea, chocolate sales via offline channels…

Chocolate confectionery is expected to see a strong slowdown in its retail volume and current value growth rates in 2020 compared with the previous year, as it is being negatively affected by COVID-19. Initially, Metro Manila was placed on lockdown…

Chocolate confectionery will experience declines in its volume sales, in both retail and foodservice terms, in 2020 due to the measures implemented to contain the spread of the COVID-19 virus. As soon as lockdown was announced, consumers flooded…

Prior to the onset of COVID-19 in Egypt, chocolate confectionery was enjoying relatively solid volume growth, underpinned by gradually recovering consumer confidence following ongoing economic reform aimed at stabilizing the economy, as well as a…

Migros Genossenschaftsbund will continue to lead chocolate confectionery in 2020 through its Private Label lines, including M Classic and Frey. The player will target consumers seeking good-quality products at affordable prices. It is expected to…

Retail volume sales of chocolate confectionery are expected to see slight decline in 2020, as widespread store closures will affect purchasing opportunities and social restrictions will affect gifting opportunities in 2020. However, an increase in…

In response to COVID-19, a nationwide state of emergency was declared in Japan during April 2020. Although foodservice outlets were asked to close, grocery retailers generally opened as usual, or with reduced hours, while most non-grocery retailers…

India has taken very stringent measures to tackle the COVID-19 pandemic, with the country placed under a strict lockdown from 25 March (Lockdown 1.0) with only essential services allowed to function. Major fmcg companies, including chocolate…

In early 2020, economic prosperity allowed Bulgarians to purchase chocolate confectionery more frequently. As well as buying more chocolate confectionery, Bulgarians spent more on such products, including more expensive brands, such as Lindt and…

Pre-COVID-19, chocolate confectionery was continuing to experience a recovery in demand terms as local consumers regained their purchasing confidence as the economy recovered from the crisis period which had resulted in significant declines going…

Chocolate confectionery continues to develop in Morocco in 2020 as a result of the intensive marketing strategies of leading brands, particularly Mondelez Maroc. Strong marketing campaigns for its Milka product, along with its good distribution…

Chocolate confectionery will be severely impacted in 2020 by the COVID-19 pandemic, with current value and current volume sales declining noticeably. Lockdown was slowly implemented from 13 March 2020 in Latvia, and since then many Latvians have…

2020 was an atypical year due to the COVID-19 pandemic, which saw the introduction of quarantines in all of the country’s 27 states from the second half of March. A few weeks before Easter, and having worked to a scale of volume production 10% higher…

In 2020, consumers are purchasing fewer boxed assortments, which are often gifted items, due to home seclusion as a result of COVID-19, whilst chocolate pouches and bags are increasingly opted for as they offer good value for money. Larger pack sizes…

The COVID-19 pandemic broke out during early March in 2020 and will have a heavy impact on sales in the year, with a considerably slower retail volume growth anticipated in comparison to that seen in 2019. Initially, consumers stockpiled chocolate…

To help control the spread of COVID-19 a range of measures have been implemented within China since January 2020, including a nationwide lockdown. This has taken its toll on sales, with gifting being an important driver of sales within chocolate…

The COVID-19 pandemic is likely to negatively impact chocolate confectionery in volume terms as consumers reduce spending and consumption thereof; however, chocolate confectionery sees strong double digit growth in retail value terms in 2020. The…