The new labelling requirements which came into effect in Mexico from October 2020 may have a dampening effect on demand for some sugar confectionery categories over the forecast period, as consumers become more health-conscious. The new labelling, which is intended to combat the prevalence of diseases such as diabetes, obesity and cardiovascular diseases, requires the display of hexagonal black seals on the front of the packaging for products containing high levels of sugar and calories, amongst others.
Sugar confectionery is expected to see steady growth in retail volume and value terms (at constant 2022 prices) over the forecast period. These products are seen as an affordable treat and although prices are rising they still fit within the remit of pocket money purchases, with products such as lollipops and pastilles, gummies, jellies and chews likely to remain popular among children in particular.
Pastilles, gums, jellies and chews and other sugar confectionery are expected to see the most dynamic growth rates in value and volume terms over the forecast period, bolstered by new product launches and benefiting from being consistently popular amongst Mexican consumers of all ages. In addition, higher-quality products are likely to gain relevance across the board, as consumers will be increasingly conscious of ingredients and production processes.
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This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.See All of Our Definitions
This report originates from Passport, our Sugar Confectionery research and analysis database.
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