Snacks

As pre-pandemic life resumes in Costa Rica, consumers are enjoying being outside and socializing once again, especially in Costa Rica´s warm climate. Retail volume sales in ice cream parlours continues to recover in 2023, although this trend is…

In 2023, Dominican consumers are shifting back to consuming ice cream and frozen desserts in foodservice channels. At-home consumption of ice cream soared during the pandemic as restrictions prevented socialising in ice cream parlours. Following the…

Impulse ice cream continues to bounce back after the slump it experienced during the pandemic. With more people on the streets of Ecuador, single-portion consumption has managed to recover. Moreover, there were still limitations in 2022 that affected…

In 2023, the return of normal lifestyles, and the absence of any pandemic restrictions, continues to have a positive impact on ice cream sales. Volume growth is proving robust in both the foodservice and retail channels in 2023, with sales strong…

Ice cream observed many new product launches during the review period. Consolidated brands such as Magnum (Unilever) and its close competitor Mega (Herdez/Nestlé) also launched new flavours in 2023. Magnum launched Moonlight Magnum, a single-portion…

Ice cream sales recorded significant growth in 2022, with this trend set to continue in 2023, both in volume and value terms, helping the category to exceed pre-pandemic sales. This significant growth will mainly be due to the full resumption of…

Ice cream continued to register positive volume growth in 2022, with another sales increase expected to be seen in 2023. With a number of heatwaves and a hotter summer than usual, the demand for ice cream increased considerably in the summer months…

The digital revolution has been rewiring retail for years, leading to new business models, commerce ecosystems and channels for reaching and engaging consumers. The COVID-19 pandemic accelerated this transition, as e-commerce became the default…

In 2022, salty snacks experienced significant growth in volume terms, driven by factors such as on-the-go consumption and home celebrations as the world began to return to normalcy after the COVID-19 pandemic. The peak of sales was observed during…

In 2023, savoury snacks was affected by inflationary pressure seen in international markets for certain ingredients. The impact on prices was greater for imported brands which suffered from a rise in the cost of ingredients such as edible oil, which…

Savoury snacks registered an improved performance in retail volume terms in 2023. Growth was boosted by the return to out-of-home activities and the pursuit of products that catered to the need for on-the-go consumption occasions, with many consumers…

After experiencing stronger retail volume growth than usual during the pandemic, demand for savoury snacks through the channel marginally decreased in 2022, with little change evident in the first half of 2023. However, as noted in snacks in general,…

Retail volume growth in savoury snacks is seeing a slowdown in 2023, triggered by increasing unit prices. Savoury snacks, not perceived as essential items by consumers, are experiencing a decline in demand as locals explore less expensive options.…

With inflation remaining high in 2023, brand loyalty remains weak among most lower income consumers, who normally purchase the cheapest option available when it comes to salty snacks. Price-competition is therefore stronger in the mass segment, as…

Following several years of consistent retail volume and current value growth, savoury snacks continues to see robust growth in 2023, thanks in large part to the diverse range of products offered in this category. With the return to in-person learning…

Ready-to-eat popcorn is thriving in 2023 following a period of significant growth in recent years. New players have entered to compete against some of the most traditional players including Quala with its brand Popetas and Colsigna with the Planet…

In 2023, savoury snacks is predicted to remain by far the best seller in snacks, in retail volume terms. The category continues to enjoy robust retail volume and current value growth in 2023 amid a well-developed culture for snacking occasions. Like…

Retail value sales of savoury snacks slipped into decline in 2020, with some countries seeing weaker year-on-year performances as a result of the economic impact of Coronavirus (COVID-19) hitting consumers’ disposable incomes. Mobility restrictions…

In 2023, companies in savoury snacks have focused their product development efforts on flavours and variety. Spicy flavours are especially trendy, with companies launching new versions of already positioned brands, but with a touch of spice. This is…

Sales of savoury snacks experienced significant growth in 2022, with growth set to continue into 2023, although at a slower rate as the category had already reached pre-pandemic value and volume sales. The significant growth will mainly stem from the…