Category: Confectionery
Confectionery market research reports by Euromonitor International
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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
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Mexico Sugar Confectionery
Sugar Confectionery in Mexico Sugar confectionery in Mexico remained a popular category of snacks towards the end of the review period. In 2024, Mexico is expected to occupy second place in terms of the consumption of sweets and chocolate in Latin America. Local consumers’ love of confectionery has ... Read More
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Nigeria Chocolate Confectionery
Chocolate Confectionery in Nigeria Chocolate confectionery in Nigeria is posting deep declines in terms of retail volume sales in 2024, resulting from the negative impact of inflationary conditions on both consumer buying power and unit prices. Current value sales are climbing high as unit prices ri ... Read More
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Mexico Gum
Gum in Mexico In 2024, gum in Mexico is projected to see only a marginal increase in retail volume sales, with predicted strong retail current value growth largely dependent on inflationary pressure on prices. The overall performance is heavily influenced by that of the dominant category, chewing gu ... Read More
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Norway Sugar Confectionery
Sugar Confectionery in Norway Nidar is the biggest brand in sugar confectionery in Norway and has gained marginal market share in 2024. The brand’s product lines are traditional, which is true for brands in most of the mature segments within the overall category. The general perception of sugar conf ... Read More
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Mexico Chocolate Confectionery
Chocolate Confectionery in Mexico Over 2024, chocolate confectionery in Mexico is expected to see moderate retail volume growth, only slightly below the increase posted in 2023. While slowing, the rate of inflation in Mexico remains significant and continues to affect manufacturer, retailer and cons ... Read More
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Israel Chocolate Confectionery
Chocolate Confectionery in Israel Chocolate confectionery is set to see current value growth in Israel in 2024. The price of cocoa and sugar have increased in recent months, driving up value sales in the chocolate confectionery market. In May 2023, Diplomat increased the prices of many of its produc ... Read More
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Israel Gum
Gum in Israel Gum is set to see a rise in sales in current value terms in Israel in 2024. As in other categories, gum value sales have been bolstered by rising prices. Mars increased the prices of its products, including Orbit gum, by up to 7% in May 2023. Strauss increased the prices of its product ... Read More
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Nigeria Gum
Gum in Nigeria Retail volume sales are falling in gum in Nigeria in 2024 as the category struggles in the face of high inflation and squeezed household budgets. Gum is also recorded strong rises in unit prices, impacting on consumer demand - with reduced incomes there is reduced demand for products ... Read More
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Chile Gum
Gum in Chile Unit price growth of gum in Chile serves as a crucial mechanism to offset volume decline, navigating the complex interplay between consumer behaviour, market dynamics, and pricing strategies. As the demand for gum experiences fluctuations, influenced by factors such as economic conditio ... Read More
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Norway Gum
Gum in Norway Mars’ Extra gum continues to overwhelmingly dominate gum in Norway in 2024, with no direct competitive threats from within the category as it holds on to its market share. The category is mature and Mars has not launched anything new. Value share between the top players is so far large ... Read More
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Norway Chocolate Confectionery
Chocolate Confectionery in Norway In 2024, the average unit price of products within chocolate confectionery in Norway Price of chocolate has not risen as much as is seen in other snacks and food categories, despite rising production and raw materials costs. This is supporting sales in chocolate con ... Read More
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Spain Chocolate Confectionery
Chocolate Confectionery in Spain Chocolate confectionery is seeing healthy growth in current value terms in 2024, although sales are stagnating in volume terms. Fluctuations in cocoa prices in 2024 have contributed to the positive value growth with manufacturers being forced to raise their prices as ... Read More
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The Netherlands Sugar Confectionery
Sugar Confectionery in the Netherlands In the Netherlands in 2024, all members of sugar confectionery are suffering retail volume sales decline while at the same time seeing current value sales rise as a result of unit price hikes. The exception is power mints, which is only showing marginal volume ... Read More
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Morocco Gum
Gum in Morocco Retail volume sales for gum in Morocco continue to rise in 2024 as players invest in healthier variants in response to consumers’ growing health concerns of consumers. Players such as Mondelez and Foods & Goods (with the latter the local distributor for GBO Perfetti Van Melle) are lea ... Read More
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The Netherlands Gum
Gum in the Netherlands Gum is among the snacks categories losing significant volume sales in the Netherlands in 2024, thanks largely to persistent unit price hikes continuing on from 2023. Consumers are opting to purchase gum less frequently, resulting in further volume sales declines and an only mo ... Read More
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The United Kingdom Chocolate Confectionery
Chocolate Confectionery in the United Kingdom Following a period where inflation reached an historic 40-year high in 2023, the average unit price of chocolate confectionery in the UK increased by double digits. The heightened costs across the supply chain, including transportation, energy, labour an ... Read More
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Spain Sugar Confectionery
Sugar Confectionery in Spain Sugar confectionery is seeing strong growth in 2024, both in volume and value terms. While consumers have seen their purchasing power reduced due to high inflation and a sharp increase in the cost of living they are still allowing themselves small indulgences, with sugar ... Read More
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Ireland Sugar Confectionery
Sugar Confectionery in Ireland Sugar confectionery in Ireland is among the categories heavily affected by rising production costs in 2024, having already recorded losses in retail volume terms in 2023 as product prices limited impulse purchases. Global sugar shortages are expected to mean another ye ... Read More
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The United Kingdom Gum
Gum in the United Kingdom Maintaining its positive performance from 2022 and 2023, gum in the UK continues to enjoy positive growth in both volume and value terms in 2024. The category, which suffered significant losses during the pandemic due to limited time spent outside of the home, continues to ... Read More
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Spain Gum
Gum in Spain Gum sales exceeded expectations and had already reached pre-pandemic volume sales levels by the end of 2023. In 2024, the category continues to grow albeit at a slower pace compared to the previous two years when the category was recovering from the losses seen during 2020 and 2021 when ... Read More