The strong value sales growth observed in 2023 was driven partly by volume growth due to increased demand from people working from home, but mainly due to rapid growth in unit prices caused by inflationary pressures. However, as rising interest rates and a potential recession are expected to help control inflation, price growth is projected to stabilise from 2024 onward.
The COVID-19 pandemic and its associated supply chain disruptions and rising costs have led multinational players like Mondelez to close their manufacturing facilities in New Zealand. This has resulted in a consolidation of products offered and, in some cases, the removal of beloved brands and products from the market.
New Zealand is currently facing high levels of inflation not seen in nearly 30 years. Coupled with rising interest rates, household spending levels are expected to come under pressure in the forecast period.
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sugar Confectionery industry in New Zealand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!