Category: Snack Foods
Snack Foods market research reports by Euromonitor International
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Egypt Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Egypt Retail volume sales of sweet biscuits, snack bars and fruit snacks in Egypt are set to continue to expand during 2024, with the rate of growth expected to be similar to the previous year. This is in spite of rising prices, driven by rising raw mat ... Read More
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Sweden Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Sweden Sweet biscuits, snack bars and fruit snacks is set to see current value growth in Sweden in 2024. As the economy was hit with a recession, Swedes went into money saving mode. In this environment, the private label segment gained share, putting br ... Read More
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Argentina Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Argentina Sweet biscuits, snack bars and fruit snacks in Argentina witnessed a recovery from the strong decline in retail volume sales in the wake of the Coronavirus (COVID-19) crisis in 2020 to exceed the 2019 pre-pandemic level in 2023. Despite the co ... Read More
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Romania Savoury Snacks
Savoury Snacks in Romania Savoury snacks is achieving positive volume and value growth in Romania in 2024. Sales are supported by the “snackification” trend, whereby consumers with busy, out-of-home lifestyles tend to eat fewer main meals and more snacks throughout the day. Added to which, savoury s ... Read More
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Egypt Snacks
Snacks in Egypt The market for snacks in Egypt is expected to witness modest growth in retail volume terms in 2024, continuing the trend of the previous year. This will be accompanied by high double-digit current value growth, driven by significant increases in prices, as unprecedented inflationary ... Read More
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Peru Snacks
Snacks in Peru In 2024, snacks in Peru is facing challenges in the form of rising input prices and a decline in domestic consumption. Despite such setbacks, production and exports continue to grow, highlighting a shift in market dynamics. The increase in input prices has squeezed profit margins for ... Read More
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Azerbaijan Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Azerbaijan As is the case with a number of other snacks categories in Azerbaijan, the gradual easing of inflationary pressures means sweet biscuits, snack bars and fruit snacks is set to record a slowdown in current value growth in 2024, but post slight ... Read More
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Sauces, Dips and Condiments Packaging in South Korea
Sauces, Dips and Condiments Packaging in South Korea Although it saw a decline in packaging volumes in 2023, PET bottles remained the predominant pack type in sauces, dips and condiments packaging in South Korea in 2023. PET bottles offer convenience and practicality, making them suitable for a wide ... Read More
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Chile Snacks
Snacks in Chile Snacks in Chile is undergoing significant market developments influenced by a variety of trends that reflect evolving consumer preferences, economic factors, and industry dynamics. One notable trend is the inflationary pressure on chocolate confectionery, primarily driven by the incr ... Read More
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Nigeria Savoury Snacks
Savoury Snacks in Nigeria Savoury snacks in Nigeria is seeing volume sales fall in 2024, suffering the impact of inflation, weakened consumer spending power, and rising unit prices – depreciation of the local currency is leading to price hikes in in imported finished products and raw materials. As s ... Read More
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Mexico Snacks
Snacks in Mexico In 2024, still relatively high inflation is playing a key role in snacks in Mexico. As input costs rise and crops are adversely affected by climate change, for example in the case of cocoa, companies are developing strategies to maintain their volume sales. Some of the key strategie ... Read More
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Israel Savoury Snacks
Savoury Snacks in Israel Savoury snacks is expected to see current value growth in Israel in 2024. In May 2023, Strauss announced a price rise of up to 6% on many of its products, including potato chips, which came into effect in June 2023. In January 2024, Strauss again announced a price increase, ... Read More
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Mexico Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Mexico Sweet biscuits, snack bars and fruit snacks in Mexico is expected to see good retail volume and fast retail current value growth over 2024. With stabilising rates of inflation and unemployment and a growing female presence in the workforce, consu ... Read More
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Norway Savoury Snacks
Savoury Snacks in Norway Savoury snacks in Norway is suffering stagnant retail volume sales in 2042, with nuts, seeds, and trail mixes rising slightly as potato chips falls. Price increases are limiting volume growth, with cross-border trade and reduced at-home consumption also playing their part. N ... Read More
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Mexico Savoury Snacks
Savoury Snacks in Mexico Savoury snacks in Mexico is projected to register moderate retail volume and strong retail current value growth over 2024. As in other snacks categories, a still high inflation rate has forced consumers to prioritise and redistribute their expenditure towards essential produ ... Read More
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Israel Snacks
Snacks in Israel The snacks market in Israel is set to see significant current value growth in 2024, primarily as a result of marked increases in prices across categories. Indeed, with price rises coming in the context of an uncertain economic environment, broader rises in the cost of living and the ... Read More
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Norway Snacks
Snacks in Norway Norway’s snacks industry is seeing a minor increase in retail value sales in 2024. Unit prices and inflation have been important issues within food overall throughout 2023 and 2024, also impacting snacks. However, snacks has seen lower price hikes compared to that recorded in other ... Read More
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Honduras Snacks
Snacks in Honduras During 2024 sales of snacks suffered from inflationary pressures which dampened growth in volume sales. Imported brands lost competitiveness due to their higher prices as constraints on disposable income stimulated consumer caution in their spending and boosted demand for products ... Read More
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Nigeria Snacks
Snacks in Nigeria In 2024, Nigeria’s snacks industry remains impacted by high inflation that has persisted, and risen, since 2023. This has led to volume sales declines across all categories, including those that are considered locally as more essential and have strong penetration, such as sweet bis ... Read More
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Chile Savoury Snacks
Savoury Snacks in Chile Savoury snacks in Chile is undergoing a significant transformation due to the phenomenon of shrinkflation, prompted by escalating production costs. This trend, where product sizes decrease while prices remain the same or even increase, reflects a complex interplay of economic ... Read More
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Nigeria Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Nigeria Sweet biscuits, snack bars, and fruit snacks is declining in retail volume terms in 2024 in Nigeria, falling to the same negative impact of inflationary conditions on consumer spending as is seen throughout all snacks categories. High inflation ... Read More
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Norway Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Norway Sweet biscuits, snack bars and fruits snacks is feeling the impact of prevailing health and wellness trends in Norway in 2024. Local consumers are gravitating towards premium-positioned fruit snacks like dates and other dried fruits, with rising ... Read More
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Chile Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Chile Producers of sweet biscuits, snack bars and fruit snacks in Chile have been navigating economic challenges, notably price hikes, by adopting a subtle yet impactful strategy known as shrinkflation. This approach, while not new, has become increasin ... Read More
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Israel Sweet Biscuits, Snack Bars and Fruit Snacks
Sweet Biscuits, Snack Bars and Fruit Snacks in Israel Sweet biscuits, snack bars and fruit snacks is set to see current value growth in 2024. The global price of sugar rose significantly in 2023, pushing up a key raw material cost for manufacturers of sweet biscuits. In May 2023, Diplomat increased ... Read More
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The United Kingdom Snacks
Snacks in the United Kingdom The global supply chain crisis has heavily impacted snacks in the UK. Since 2022, the local industry has experienced strong price increases, driven by the shortages of raw materials such as cooking oils, wheat, cocoa, sugar, and milk, adding to the already heightened cos ... Read More
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