Snacks

Having seen strong growth up until 2019, buoyed by strong macroeconomic growth, an expanding middle class, urbanisation and a youthful population, sales of snacks stalled following the outbreak of COVID-19 in 2020. Nevertheless, the success of…

Snacks have been benefiting from urbanisation and an expanding mid-income group in Bangladesh, with consumers attracted to the growing range of flavours and formats from both local and international players. Nonetheless, distribution for many…

Despite maintaining retail volume growth in 2020, snacks is set to turn to slight decline in 2021, although current value sales will continue to see a small rise. 2020 saw stockpiling of some products at the beginning of the COVID-19 pandemic, which…

Snacks are performing relatively well in 2021, surprising industry producers and analysts. Despite health concerns regarding the products, which have been magnified since the outbreak of COVID-19, consumers have exhibited their desire for tasty…

Snacks was negatively impacted as a result of the COVID-19 pandemic in 2020. The main reasons for this were due to the financial repercussions of the pandemic and home seclusion. However, in 2021, snacks will see a drastic improvement as the pandemic…

Throughout Q1 of 2021, Lithuania has continued to be impacted by COVID-19 restrictions, with a return to quarantine status lasting from 7 November 2020 to 15 February 2021. Throughout February, smaller shops and non-essential services began to open,…

Snacks has seen only a minor overall impact from COVID-19, with just slightly higher retail volume and current value growth rates in 2020, which is a pattern expected to continue in 2021. However, performances have varied between categories. The…

2021 will be characterised by a gradual process of stabilisation when it comes to sales of snacks in Estonia. Categories that were negatively impacted by the COVID-19 pandemic, such as chocolate confectionery, are expected to show signs of recovery…

Having declined during 2020, retail volume sales of snacks will return to growth during 2021, as restrictions on movement are relaxed and the economic shock of the pandemic begins to fade. Confectionery, particularly chocolate confectionery, and ice…

During 2020 snacks sales slowed as consumption of products bought on impulse and consumption on the go halted. However, as restrictions ease in 2021, demand will see some recovery. Ice cream and savoury snacks will enjoy the strongest growth rates…

Sales of snacks are set to see modest growth in 2021. Lengthy periods spent at home during the pandemic favoured tortilla chips, potato chips, cookies, and plain biscuits. Moreover, the loosening of restrictions in 2021 will aid recovery of ice cream…

In general, as at-home consumption is set to continue into 2021, the sales performance of savoury snacks, snack bars and sweet biscuits will continue to benefit. On the other hand, gum and mints will continue to struggle in 2021 due to reduced…

In 2021, Japan continues to suffer from the impact of COVID-19 with large prefectures such as Tokyo and Osaka remaining under a state of emergency at the beginning of the year. As people in Japan have been requested to avoid going out unless…

Snacks in Taiwan is predicted to experience a more positive performance in 2021, although certain home seclusion trends from the previous year are likely to linger in the first half as a spike in COVID-19 saw restrictions reintroduced on…

After a year of decline in 2020 due to COVID-19, snacks is expected to return to growth in 2021, posting positive performances in both retail volume and current value terms. Although seeing a slower increase than in 2020, the best performance is set…

Consumption of snacks increased in 2020 as more Finns stayed at home during the COVID-19 pandemic. Take-home ice cream, already a popular item among consumers, benefited significantly as families enjoyed these products whilst watching TV or films…

Having been undermined by COVID-19 during 2020, as consumers spent more time at home – leading to a reduction in impulse purchasing and on-the-go consumption – and many reduced their discretionary spending, retail volume sales of snacks are set to…

While snacks in Guatemala was not severely affected by the spread of the pandemic in 2020, some changes have been ignited that continue to impact performance in 2021. Notably, some subcategories experienced lowered demand during the pandemic due to a…

The Malaysian snacks market is expected to return to volume growth in 2021, with stronger current value growth than in the previous year. Growth is being driven by the return to more normal social and economic activity as the Movement Control Order…

Snacks benefits from an affluent and urban consumer base seeking indulgence and convenience. Population growth is slowing but still boosting sales, while the health and wellness trend intensified since the onset of COVID-19 and could add value in the…