Category: Snack Foods
Snack Foods market research reports by Euromonitor International
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Savoury Snacks in Kenya
Savoury Snacks in Kenya Savoury snacks recorded robust retail volume and current value growth throughout the review period, and this is set to continue in 2023, driven by the strong performance of potato chips. This is being driven by the youth population, especially children. The full reopening of ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Kenya
Sweet Biscuits, Snack Bars and Fruit Snacks in Kenya Sweet biscuits is the only category within sweet biscuits, snack bars and fruit snacks with notable sales. Plain biscuits are the most popular, followed by cookies, filled biscuits, chocolate coated biscuits, and wafers. Despite rising prices, ret ... Read More
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Snacks in Kenya
Snacks in Kenya Snacks is set to maintain retail volume growth in 2023, although this is expected to remain low. Amidst mounting inflationary pressure, an acceleration in unit price growth has been limiting volume growth, as sales are largely impulse-driven, but is set to drive dynamic double-digit ... Read More
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Snacks in Sri Lanka
Snacks in Sri Lanka Low consumer spending due to the economic crisis was not the only issue that snacks players faced in 2023 as the falling exchange value of the Sri Lankan rupee, limited access to foreign currency, supply chain issues and interruptions to the power supply all posed huge challenges ... Read More
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Niche Concern or Major Opportunity? The State of Plant-Based Snacking
Niche Concern or Major Opportunity? The State of Plant-Based Snacking Plant-based has become a key focus for food manufacturers, as consumers consider such products to be healthier, more sustainable, more ethical and more exciting. While there has been a decline in plant-based in some food categorie ... Read More
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Savoury Snacks in Switzerland
Savoury Snacks in Switzerland Savoury snacks is set to post strong growth in 2023. All categories are posting a positive performance as more consumption occasions are available, with consumers socialising through gatherings, barbeques and parties, enjoying savoury snacks. In addition, positive resul ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Switzerland
Sweet Biscuits, Snack Bars and Fruit Snacks in Switzerland Sweet biscuits, snack bars and fruit snacks is set to post positive current retail value growth in 2023, thanks to the popularity of convenient snacking options, either at home or on-the-go. This is also being further boosted by the return t ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Portugal
Sweet Biscuits, Snack Bars and Fruit Snacks in Portugal Challenges caused by a lack of raw ingredients have affected sweet biscuits in particular – with sweet biscuits being the most significant subcategory in sweet biscuits, snack bars, and fruit snacks. The lack of cereals coming from Ukraine, whi ... Read More
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Snacks in Kuwait
Snacks in Kuwait Snacks remain popular in Kuwait seeing healthy growth in 2022 and 2023. Sales are being supported by the expansion of modern grocery retailers and the rise of e-commerce which is improving access to a range of snacks. Despite this, the country’s high obesity rates are leading more c ... Read More
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Savoury Snacks in Nigeria
Savoury Snacks in Nigeria The savoury snacks market in Nigeria is recording a decline in volume sales in 2023, primarily due to the heightened unit prices that have been sharply escalating since 2022. Inflationary pressures have negatively impacted consumer spending power, thereby limiting the deman ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Nigeria
Sweet Biscuits, Snack Bars and Fruit Snacks in Nigeria In 2023, the market for sweet biscuits, snack bars and fruit snacks in Nigeria is witnessing moderate downturn in volume sales, continuing the significant decline that began in 2022. This trend was largely driven by enduring inflationary conditi ... Read More
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Snacks in Ghana
Snacks in Ghana The snacks market in Ghana is set to experience a slight decline in retail volume sales in 2023, while current value sales are expected to grow strongly on the back of sharp increases in price. Prices have risen as manufacturers have passed on significant increases in the costs of ra ... Read More
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Savoury Snacks in Portugal
Savoury Snacks in Portugal Savoury snacks remain popular with consumers, following the boost to consumption seen during the era of the pandemic. Indeed, savoury snacks benefitted from the COVID-19 pandemic, as consumers spent longer periods of time at home, in front of the television or digital devi ... Read More
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Snacks in Nigeria
Snacks in Nigeria 2023 is proving to be a challenging year for snacks in Nigeria, as high inflation continues. Decline in volume sales is affecting all categories, though generally at a much milder rate than was seen in 2022’s sharp fall. Inflationary pressures mean local consumers are suffering fro ... Read More
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Snacks in Portugal
Snacks in Portugal 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 continuing in 2023. The increase in ... Read More
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Snacks in Switzerland
Snacks in Switzerland 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 ongoing practice of cross-bor ... Read More
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Snacks in Uzbekistan
Snacks in Uzbekistan Snacks is expected to see another successful year in 2023, remaining resilient despite a turbulent period due to impacts from the war in Ukraine and inflationary pressures. As a result of the removal of pandemic restrictions in 2022, and a return to normal patterns of mobility, ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Uzbekistan
Sweet Biscuits, Snack Bars and Fruit Snacks in Uzbekistan In 2022, and continuing into 2023, inflation was fuelled by increases in the costs of food and energy, particularly exacerbated by the Russian invasion of Ukraine. Therefore, although consumers have still been open to purchasing indulgence pr ... Read More
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Savoury Snacks in Uzbekistan
Savoury Snacks in Uzbekistan While in 2020 and 2021, savoury snacks were considered as a treat for consumers to fight the boredom of home seclusion during the pandemic, in 2022 and 2023, in the post-COVID-19 period, people have been returning to their previous routines, and savoury snacks are percei ... Read More
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Snacks in Germany
Snacks in Germany 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 place. However, since the war in U ... Read More
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Savoury Snacks in Germany
Savoury Snacks in Germany Savoury snacks in Germany continues to experience dynamic price development and content reduction. In response to rising raw material costs, category players and retailers are adjusting their pricing strategies. This trend is mainly being driven by the elevated costs of oil ... Read More
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Savoury Snacks in South Africa
Savoury Snacks in South Africa The top players in savoury snacks are set to continue to record value share declines in 2023, mainly driven by higher unit prices. The weather continues to hamper the local production of potatoes used in the production of potato chips. While the price of edible oils ha ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Uruguay
Sweet Biscuits, Snack Bars and Fruit Snacks in Uruguay In 2022, sweet biscuits recorded positive volume growth after two years of registering declining sales, with positive growth also expected in 2023. The good performances in 2022 and 2023 are, in part, explained by a better supply after the produ ... Read More
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Snacks in South Africa
Snacks in South Africa 2023 has marked another tough year for consumers in South Africa, with double-digit food inflation, rising interest rates, and continuous rolling blackouts (loadshedding). Loadshedding has affected the entire supply chain, as well as consumers, as loadshedding has been impleme ... Read More
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Snacks in Uruguay
Snacks in Uruguay In 2022, GDP in Uruguay increased by 4.9%, surpassing pre-pandemic levels, and was continuing to grow in 2023, helping to drive demand for snacks. Tourism, mainly international tourist visitors from Argentina and Brazil, was badly affected during the pandemic, but is now recovering ... Read More
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