Western Europe

Savoury snacks, as a product area, has been negatively affected by the Russian invasion of Ukraine. Multiple factors contributed to a sharp rise in average unit price for many savoury snacks. Leading products like potato chips faced challenges such…

Savoury snacks was one of the most severely affected categories by the supply chain crisis in 2022. The rising production costs due to the energy crisis, labour shortages, and the increasing price of raw materials across the entire supply chain led…

The pistachio, mixed products, and peanut categories have largely influenced the packaged nuts industry in 2023. Price variations among different nuts is largely determined by inflation and harvest conditions. Turkish consumers have a traditional…

Retail sales of savoury snacks increased strongly in 2020, with people snacking more in the extra time spent at home due to Coronavirus (COVID-19). While growth slowed markedly in 2021, sales were still at much higher levels than prior to the…

Austrian consumers are extremely fond of snacking. Whether confectionery, savoury snacks, ice cream or sweet biscuits, snacks bars and fruit snacks, consumers like to treat themselves with a snack. The demand for snacks remained stable in 2023 with…

Snacks has seen solid retail volume growth in Belgium in recent years, and this is set to continue in 2023, due to the increasing demand for convenient and healthier snacking options amongst consumers. This growth has been further fuelled by the…

Despite the fact, that inflation in Denmark was not as high as in its Nordic neighbours, the Danish snacks market did see significant increases in price which drove growth in values sales and, at the same time, made consumers more price focused when…

In 2023, snacks in Finland are being impacted by inflation and rising production costs, which are being passed on to consumers through increasing price points. While price rises are boosting current retail value growth, pressure is being placed on…

Snacks saw a muted performance in retail volume terms in 2023, as the cost of living crisis continued to squeeze household budgets. While France was less affected by inflationary pressures than many of its neighbours, due to government support…

2023 is a promising year for Germany in many ways. The impact of the pandemic is waning and it is the first year without any major restrictions to negatively affect consumer behaviour; even at the beginning of 2022, some restrictions were still in…

The cessation of the pandemic and the subsequent transition back to normality have played a significant role in accelerating snack consumption in Greece. As people are spending more time outside their homes, they are leaning on the convenience of…

Snacks in Ireland has come under pressure from rising prices in 2023. Many consumers perceive the higher prices as a deterrent and are switching to cheaper snacking options or reducing their snacking to some extent. Additionally, the increased prices…

The production and supply of snacks in Italy continued to be affected by the war in Ukraine in 2023, and the prospects for the forecast period are uncertain in economic and political terms. In this vein, the sharp increases in consumer prices…

Current retail value sales will see a minor increase in 2023; however, this will be driven by ongoing inflation and the increase in manufacturing and logistics costs, which are increasing retail price points. As such, while current retail value sales…

Global inflationary pressures, compounded by the ongoing Russia-Ukraine war, have affected sales of snacks in Portugal. We are seeing lower consumer spending power – especially for non-essentials – along with rising prices, and these issues are…

Snacks is performing well with it being expected to post moderate growth in retail volume terms and strong growth in current value terms in 2023. Inflation is still having a strong impact on prices with this being the main driver of value growth.…

In 2023, snacks, as a product area, is experiencing healthy growth in value terms, driven by increasing unit prices due to rising production costs and inflation. However, volume growth varies across different snacks categories as some continue to…

The industry remains resilient in 2023, posting a positive performance despite challenging sales factors. For example, prices continue to be high in Switzerland, especially compared to neighbouring European countries, with a strong currency and the…

In 2023, sales of snacks are set to decline in retail volume terms. With the pandemic under control, consumers have more opportunities to engage in activities outside of their homes, leading to a decrease in snacks consumption compared to the peak…

In 2023, the UK’s economy continues to be challenged by strong inflationary pressures. Similar to other food industries, snack manufacturers are having to address multiple shortages in the supply chain, in addition to increasing costs of…