Sugar Confectionery

Increasing commodity prices, rising supply chain costs, and inflationary conditions have resulted in many manufacturers increasing their unit prices in sugar confectionery. As these products are dependent on many imported ingredients, the category is…

Sugar confectionery is set to record high single-digit retail current value growth in 2023; however, rising unit prices are expected to drive down retail volume demand. Most categories are projected to see double-digit growth in unit prices as a…

Sugar confectionery saw retail volume and current value growth throughout the pandemic, and this trend is set to continue in 2023. Sugar spun in new and unique ways has caught the imagination of consumers of all ages with a sweet tooth. Viral trends…

While New Zealand has returned to a sense of normality post-pandemic, the wider effects of it continue to linger in the form of sustainably high rates of inflation. Several factors contribute to these inflationary pressures. The Reserve Bank of New…

Sugar confectionery experienced a tumultuous period during the pandemic, and the subsequent Russian invasion of Ukraine added further strain to the category. Rising energy prices, increased costs of sugar, transportation, and packaging materials…

Children who were not able to celebrate their birthday with friends in 2020 and 2021, due to the COVID-19 pandemic, returned to full party celebrations in 2022 and 2023. Sugar confectionery is frequently purchased for children´s birthday parties…

Sugar confectionery in South Korea is set to exhibit growth in both retail volume and current value terms in 2023, with higher value growth due to inflationary factors. While growth is expected to vary across sugar confectionery, sales are projected…

Sugar confectionery continues to grow in value and volume terms in 2023, with the category continuing its recovery from the negative impact of the COVID-19 pandemic. The reopening of schools in August 2022 and the return to more active lives away…

Demand for sugar confectionery was negatively impacted in 2020 and 2021 due to the pandemic, which led to lockdowns and schools being closed. Limited mobility and on-the-go impulse purchases, especially amongst children, were major factors in the…

Healthy eating is taking a higher priority with consumers increasingly shunning sugar confectionery due to its high sugar content and limited value-added properties. As a result, retail volume sales are declining for the fourth consecutive year in…

As consumers feel the financial strain from inflation and struggle to stretch household budgets further, sugar confectionery offers a chance to indulge in an affordable sweet, especially for the little ones. With all retailers fully reopened there…

Like many snacks categories in the United Arab Emirates, sugar confectionery was negatively affected in 2020 by the emergence of the pandemic, whereby lockdown measures and the closure of schools resulted in a significant decline in sales. In the…

Retail volume and retail current value sales of medicated confectionery have recovered after the decline seen in 2020, which can be attributed to the heightened focus on health and wellbeing during and after COVID-19. In Hong Kong, the outbreak of…

Retail volume consumption of sugar confectionery is expected to continue to recover in 2023. However, post-pandemic, the category will be affected to some extent by a general trend away from sugar confectionery, particularly in the case of boiled…

Sugar confectionery recorded mixed results in 2022, with certain types benefiting from the recovery of on-the-go purchases, while others were severely hit by the implementation of the HFSS regulation, effective since October. Mints and medicated…

In 2023, sugar confectionery faces further decline in retail volume sales, as consumers reduce consumption amid the growing focus on health and wellbeing. Consumers are opting for higher nutritional value snacks and less sugar in their diet, which…