A moderate retail volume decline is expected for sugar confectionery over the forecast period, with much of this decline being the result of the rising health and wellness trend. The growing prevalence of health awareness is driving a host of consumers towards healthier snacks, with many considering sugar, fat, and calorie content, examining packaging before making a purchase.
While the health and wellness trend is set to challenge sales, it does, however, create an opportunity for players to expand and drive growth. With healthier snacking becoming a key trend, sugar confectionery players are set to create or relaunch healthier options.
Grocery retailers is set to continue leading in sugar confectionery sales, while discounters will likely record the highest amount of growth – with consumers keen to obtain cheaper price points during a time of inflation.
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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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