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...
The report examines inflation level and drivers globally and in the key countries. Global inflation is forecast to accelerate due to higher energy and commodity prices, disruptions in supply chains and weaker business confidence. Impact varies…
This report examines inflation levels and drivers globally and in key countries. In 2023, global inflation is expected to ease from its peak in 2022, but remaining significantly above-trend. Geopolitical risks and uncertainty in the energy market are…
In the upcoming years, consumers and businesses face an array of challenges, with income inequality, mass migration and rising uncertainty about another crisis being among the major ones. Nevertheless, within this lie untapped opportunities. This…
Chocolate confectionery was hit by the loss of impulse/on-the-go sales, fewer gifting occasions and a disrupted Easter period in 2020 due to Coronavirus (COVID-19), significantly affecting categories such as boxed assortments and seasonal chocolate.…
When inflation started to be significant in 2017 in Turkey, chocolate confectionery was experiencing a peak in volume growth, benefiting from new launches. Throughout the high inflation period, companies looked to downsize standard tablet chocolate…
The UK’s economy was challenged by strong inflationary pressures in 2022. Similar to other categories in snacks, chocolate confectionery manufacturers were challenged by multiple shortages in the supply chain, which led to increasing costs in…
During the pandemic, consumers sought comfort in chocolate due to spending more time at home and had limited access to foodservice outlets. However, in 2023, there is a slight decline in chocolate sales volume, especially noticeable in the tablets…
Overall, despite economic uncertainties in the country, demand for chocolate confectionery is resilient in 2023.
Chocolate confectionery, as a product area, is set to see retail volume sales continue to normalise in 2023 following the surge seen during the COVID-19 pandemic. However, inflation and rising production costs had an impact on the development of unit…
Chocolate confectionery suffered less from inflation in 2022 compared to many other food categories as global cocoa prices remained stable. However, rising prices of ingredients such as sugar, milk, and oils still put additional pressure on…