Chocolate confectionery in India is rapidly growing and even more so online as consumers opt for online delivery amid increasingly hectic lifestyles. Examining leading brands' SKU pricing and promotional strategies provides insight into how brands are winning online in the dynamic category as well as how consumers are reacting to changes in the market.
Cost-of-living pressures continue to challenge Australian consumers in 2023, despite recent falls in inflation and the stalling of interest rate increases by the Reserve Bank of Australia. Previous rises in the headline rate placed greater pressure on mortgage holders, with property investors hiking rents at a time of heightened demand driven by a simultaneous recovery in post-pandemic immigration. In this context, affordability remains key, but other global trends are playing an important role.
After a year of pandemic-related challenges, chocolate confectionery, sugar confectionery and gum all displayed strong performances in the US in 2021. As restrictions were lifted and celebrations resumed, growth was well above pre-pandemic levels. But, as the economic impact of the pandemic has lingered, confectionery is facing further challenges in 2022, with inflationary pressures threatening sales.
CHOCO TEC is one of the most successful congresses and most important meeting points for the chocolate industry. As a highlight at the end of the ZDS congress year, you will get a great overview of current trends, internationally growing markets...
The pandemic has turned eating patterns and habits upside down for many Australians. With more people staying at home more often and adopting a more hybrid lifestyle, Australians seem to be shifting towards a more flexible pattern of eating at times that are convenient, bringing about a wave of changes in the snacking industry.
Consumers are increasingly aware of the negative effects of sugar, salt and fat on health, driving investment in healthier snacks across Western Europe. However, with obesity levels remaining high, government regulation stands to have a sudden, radical impact on the industry, notably with the prospective implementation of HFSS legislation in England in October 2022.
The National Restaurant Association (NRA) Show took place in Chicago from 21-24 May 2022. As the foodservice industry recovers from the challenges of the pandemic, companies are focused on innovation to drive business. The show hosted attendees from around the world and featured the latest developments in food, drinks, packaging, and technology for the restaurant industry. Euromonitor International analysts attending the show observed several key trends driving innovation.