Market research on the snacks industry. Standardised and cross-co...
Market research on the snacks industry. Standardised and cross-comparable statistics including total market sizes, market share and brand performance, distribution and industry trends. Insight and data cover chocolate and sugar confectionery, gum, s...
Snacks is set to see an increase in retail current value terms in 2023, with similar trends from 2022 persisting. The prevailing high cost of living and price rises will continue to drive current value growth across all snacks categories. In turn,…
In 2023, snacks in South Korea is set to experience growth in retail current value terms, although inflation is a factor influencing this performance. In addition, the end of the pandemic brought about various product innovations across different…
Low consumer spending due to the economic crisis was not the only issue that snacks players faced in 2023 as the falling exchange value of the Sri Lankan rupee, limited access to foreign currency, supply chain issues and interruptions to the power…
In 2023, consumer lifestyles began to return to normality after the COVID-19 pandemic, with the prevalence of home snacking consumption decreasing. Regular outings and social occasions led to a shift back to impulse snacking when on-the-go. This was…
Thailand’s full return to normality and tourism in 2023, with no more COVID-19-related restrictions or quarantines, is expected to boost the country’s overall economy and, in turn, positively benefit snacks. Indeed, consumers’ return to out-of-home…
Following a remarkable performance across snacks in the Philippines in 2022, there has been an overall deceleration of sales growth in 2023 as consumers have moved towards a normalisation of their spending behaviour. The market witnessed an ongoing…
Snacks is expected to see another successful year in 2023, remaining resilient despite a turbulent period due to impacts from the war in Ukraine and inflationary pressures. As a result of the removal of pandemic restrictions in 2022, and a return to…
Retail sales of snacks in Vietnam saw a more muted performance in 2023 than in 2022, in both volume and constant value terms. Rising Inflation, triggered by the energy crisis, had a considerable impact on purchasing behaviour, with cash-strapped…
Sugar confectionery is expected to register moderate volume and constant value growth in 2023, despite continuing economic uncertainty. Azerbaijan’s high energy export revenue should protect the economy to an extent. That being said, inflation is…
Retail current value sales of sugar confectionery experienced a significant setback in 2022, due to the widespread impact of the pandemic and subsequent lockdowns in major cities. A key contributing factor was the diminished demand for sugar…