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Learn moreSep 2020
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Sweet biscuits, snack bars and fruit snacks is expected to show better than average value growth in 2020 compared to the review period. Despite school closures in March, and widespread store closures, food and medicine deliveries to homes were allowed from early morning until the evening from May 2020, with new habits benefitting fruit snacks which is associated with healthy snacking, and sweet biscuits as people spend more time at home wanting an indulgence.
Despite higher awareness of healthy eating and healthier lifestyles, indulgence remained the key factor in value sales demonstrated by sweet biscuits’ dominance despite its unhealthy image. Instead of being negatively affected, sweet biscuits continues to be seen as an affordable option for treats and indulgences.
Ancient ingredients such as Chia, Quinoa or Amaranth are incorporated into cereal bars to give a greater food supplement because these ingredients are perceived as healthier. There are ever more options as interesting ingredients become a focal point for brands, but sales are not yet representative.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Biscuits and Snack Bars industry in Ecuador with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Biscuits and Snack Bars industry in Ecuador, our research will save you time and money while empowering you to make informed, profitable decisions.
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This industry report originates from Passport.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.