Category: Candy
Candy market research reports by Euromonitor International
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Sweden Chocolate Confectionery
Chocolate Confectionery in Sweden Chocolate confectionery is set to see current value growth in Sweden in 2024. Chocolate confectionery faces strong competition from sugar confectionery, chocolate coated biscuits and, in summer especially, from ice cream. Moreover, the competition within chocolate c ... Read More
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Azerbaijan Chocolate Confectionery
Chocolate Confectionery in Azerbaijan While chocolate confectionery in Azerbaijan is poised to record a moderately improved result in current value growth terms in 2024, this is mainly attributable to price hikes imposed to offset elevated inflation linked to the global recovery from the pandemic an ... Read More
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Canada Gum
Gum in Canada Despite the initial growth spurt in 2024, the gum category experienced a significant slowdown in sales later in the year in Canada. This shift can be attributed to a decline in consumer interest, as preferences veer towards healthier snacking options. Even functional gums that boast or ... Read More
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Canada Chocolate Confectionery
Chocolate Confectionery in Canada Chocolate confectionery maintains its healthy growth in Canada in 2024, bolstered primarily by escalating commodity prices and a strong consumer desire for indulgence. Cocoa prices experienced significant increases in the first half of the year, culminating in new r ... Read More
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Sweden Sugar Confectionery
Sugar Confectionery in Sweden Sugar confectionery is set to see current value growth in Sweden in 2024. The competition in sugar confectionery is intense, forcing players to be innovative and responsive to ongoing consumer trends. One interesting value-added sugar confectionery introduction towards ... Read More
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The United Arab Emirates Chocolate Confectionery
Chocolate Confectionery in the United Arab Emirates Demand for chocolate confectionery in the United Arab Emirates continues to rise. In the local market, a rising number of health-conscious consumers are driving increasing demand for healthy snacks, significantly transforming perceptions around die ... Read More
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Romania Sugar Confectionery
Sugar Confectionery in Romania Sugar confectionery is seeing a negative-digit volume slump in 2024, whilst value is supported by price hikes. Notably, sugar confectionery falls under the shadow of the VAT increase, starting 1 January 2024, from 9% to 19% for food products with added sugar (for which ... Read More
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Colombia Gum
Gum in Colombia Gum in Colombia continued to be affected by its status as a mature and consolidated snacks category with little room for dynamic activity at the end of the review period. According to trade sources, consumers’ oral care concerns and a desire to reduce their sugar consumption underpin ... Read More
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Egypt Gum
Gum in Egypt Demand for gum in Egypt is expected to grow slightly in 2024, despite a significant increase in unit prices. The latter was initiated in response to the rising costs of raw materials such as sugar, which were passed onto end consumers. At the same time, supply chain disruptions, exacerb ... Read More
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Egypt Chocolate Confectionery
Chocolate Confectionery in Egypt Chocolate confectionery in Egypt is set to witness a decline in retail volume terms in 2024, continuing the trend of the previous year. Despite the positive impact of a growing population, demand is being curtailed by substantial increases in unit prices, in the ligh ... Read More
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Peru Gum
Gum in Peru Gum in Peru in 2024 is rising, but growth in retail volume sales is still insufficient to allow the category to fully recover to pre-pandemic levels. One significant factor contributing to this shortfall is the impact of price increases. While price increases have moderated compared to t ... Read More
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Switzerland Chocolate Confectionery
Chocolate Confectionery in Switzerland Chocolate confectionery is set to post positive growth in volume and value terms in Switzerland in 2024. Imports of chocolate have continued to increase. Meanwhile, record high cocoa prices have led to continued increases in product prices. While all categories ... Read More
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Switzerland Sugar Confectionery
Sugar Confectionery in Switzerland Sugar confectionery is set to register falling volume sales and rising value sales in Switzerland in 2024. This was primarily due to rising prices, which boosted value but deterred increasingly budget conscious consumers from purchasing such products. Moreover, the ... Read More
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Azerbaijan Sugar Confectionery
Sugar Confectionery in Azerbaijan Current value sales growth for sugar confectionery in Azerbaijan in 2024 looks set to be slower than in 2023, mainly because upward pressure on unit prices has eased somewhat thanks to a reduction in the rate of inflation. The latter factor has also helped to streng ... Read More
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Portugal Chocolate Confectionery
Chocolate Confectionery in Portugal Chocolate confectionery is managing to achieve positive volume growth in 2024, despite unit price hikes suppressing stronger sales. Indeed, chocolate confectionery has been strongly affected by considerable increases in the costs of raw ingredients, such as cocoa ... Read More
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Peru Sugar Confectionery
Sugar Confectionery in Peru In 2024, sugar confectionery in Peru is seeing boiled sweets losing ground among local consumers as lollipops gains traction. This trend can be attributed to several factors, including a lack of innovation in boiled sweets compared to lollipops. The latter has seen new ve ... Read More
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Argentina Gum
Gum in Argentina In 2023, chewing gum in Argentina registered positive retail volume growth for a third consecutive year, but sales remained below the 2019 pre-Coronavirus (COVID-19) pandemic level, albeit only slightly. However, this growth should be seen against the backdrop of the slump in demand ... Read More
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Argentina Chocolate Confectionery
Chocolate Confectionery in Argentina Chocolate confectionery in Argentina registered an increase in retail volume sales in 2023, albeit modest and slower than the increments for gum and sugar confectionery. However, the demand for chocolate confectionery fell much more slowly than for other types of ... Read More
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Sweden Gum
Gum in Sweden Gum is set to see current value growth in Sweden in 2024. The competition in chewing gum in Sweden is strong and the category faces maturity. In order to drive sales, players must pay attention to delivering value-added benefits. It is noteworthy that chewing gum in Sweden is seeing in ... Read More
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The United Arab Emirates Sugar Confectionery
Sugar Confectionery in the United Arab Emirates Indulgence serves as the primary growth driver for sugar confectionery in the United Arab Emirates, reflecting evolving consumer preferences and lifestyles. Local consumers are inclined to treat themselves with confectionery that offers moments of enjo ... Read More
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Confectionery Packaging in South Korea
Confectionery Packaging in South Korea Total confectionery packaging volumes increased in South Korea in 2023, seeing a gradual recovery after sales declined during the pandemic. Flexible packaging remained the dominant pack type in chocolate confectionery in 2023, as this offers versatility and ada ... Read More
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Israel Sugar Confectionery
Sugar Confectionery in Israel Sugar confectionery is expected to see current value growth in 2024. In 2023, the price of sugar globally increased significantly. This inevitably had a direct impact on the sugar confectionery category, as one of the main ingredients in products in the category is suga ... Read More
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Chile Sugar Confectionery
Sugar Confectionery in Chile Shrinkflation has emerged as a notable strategy employed by producers of sugar confectionery in Chile to navigate cost increases, while safeguarding their profit margins without substantially raising prices. Shrinkflation refers to the practice of reducing the size or qu ... Read More
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Nigeria Sugar Confectionery
Sugar Confectionery in Nigeria Sugar confectionery in Nigeria is falling in the face of the negative impact of inflationary conditions and a weak economy in 2024. Local consumers grapple with falling incomes and reduced spending power and are thus prioritising core and essential products when grocer ... Read More
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Chile Chocolate Confectionery
Chocolate Confectionery in Chile Chocolate confectionery in Chile faces significant challenges due to further price increases driven by rising costs of cocoa. Cocoa is a fundamental ingredient in chocolate production, and fluctuations in its price directly impact production costs for chocolate manuf ... Read More