Category: Confectionery
Asia Confectionery
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Gum in Georgia
... the gum category, but this was followed by a further decline in 2022, due to the challenges associated with the war in Ukraine and the resulting restructuring of supply chains. Industry players were able to ... Read More
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Chocolate Confectionery in Georgia
... supply chain and drove up variable costs. In response, players have had to revise their portfolios and shift manufacturing from Russian to European hubs, which has also contributed to unit price increases. There has also ... Read More
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Chocolate Confectionery in Azerbaijan
... being said, inflation is expected to still be an issue, though its growth is expected to ease slightly in 2023. As a result, consumers are expected to still be highly price sensitive and prioritise value ... Read More
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Sugar Confectionery in Georgia
... the pace of grow is slowing due to the increase in unit prices, which is dampening demand to a degree. Nonetheless, the category is demonstrating its resilience in the face of industry-wide challenges. Indeed, sugar ... Read More
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Sugar Confectionery in Vietnam
... were forced to reduce their expenditure on discretionary items, including items of sugar confectionery, which are usually purchased on impulse during shopping trips. While manufacturers tried to their best to limit any price increases, they ... Read More
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Sugar Confectionery in Malaysia
... hot weather, local consumers turned to these products as preventative measures against the risk of sore throat and other illnesses. This rise in demand has been further bolstered by the increasing medical costs and tightening ... Read More
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Chocolate Confectionery in Malaysia
... is showing a particular focus on diversifying its product offerings - strategy evident with the launch of Kit Kat Dark Cookies towards the end of the review period; the new variant offers a novel flavour ... Read More
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Gum in Vietnam
... to become more frugal with their spending and prioritise necessities above non-essential items, including gum, which is usually purchased on impulse during shopping trips. Gum also faces increasing competition from alternative oral hygiene products, such ... Read More
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Chocolate Confectionery in Thailand
... country. As such, this revival is benefitting snacks – including chocolate. Indeed, chocolate confectionery is seeing healthy growth across the main subcategories, such as tablets, and chocolate pouches and bags. The success of tablets is ... Read More
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Chocolate Confectionery in Vietnam
... disposable income to spend on non-essential items, including chocolate confectionery, which limited growth within the category as a whole. Indeed, chocolate confectionery is widely considered to comprise of inherently high-priced, imported products, despite the fact ... Read More
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Chocolate Confectionery in Singapore
... as reducing production costs by pushing product ranges which are lower-cost, or reformulating their existing product ranges to refresh the products with lower-cost ingredients. Increasingly, many companies have been adding wafers or fruits into their ... Read More
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Sugar Confectionery in the Philippines
... in August 2022 and the return to more active lives away from the home has contributed to the increased demand for sugar confectionery in the Philippines, but particularly boiled sweets and standard mints. Brands such ... Read More
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Gum in China
... offline sales and limited product availability. Moreover, with consumers shifting towards online shopping in response to the pandemic, impulse purchases of gum at checkouts were severely negatively impacted, further dampening sales. However, with the gradual ... Read More
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Gum in Japan
... falling number of smokers, who are a key consumer group for the category. Moreover, the competition with other snacks, such as pastilles, gummies, jellies and chews, has been tough, as this category sees frequent innovation ... Read More
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Gum in South Korea
... 2022, despite the easing of the mask mandate, sales of gum did not see growth as expected, as people still needed to wear masks in public spaces, creating an inconvenient experience of constantly taking them ... Read More
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Sugar Confectionery in Japan
... to higher unit prices, as companies such as Kanro, Meiji, Ezaki Glico, and Morinaga & Co, are raising the prices of their sugar confectionery products due to the rising costs of raw materials and energy. ... Read More
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Chocolate Confectionery in China
... chocolate confectionery is expected to return to growth in 2023. With the reopening of bricks-and-mortar stores and the recovery of logistics, sales of chocolate confectionery are expected to rebound, benefiting from the increase in product ... Read More
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Sugar Confectionery in China
... was the diminished demand for sugar confectionery during one of its most important consumption occasions: the Spring Festival. Traditionally, Chinese consumers purchase boiled sweets and nougat as snacks to share with friends and family during ... Read More
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Sugar Confectionery in South Korea
... is expected to vary across sugar confectionery, sales are projected to increase across most categories. This growth can be attributed to the announcement of the end of the pandemic and the lifting of the mask ... Read More
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Sugar Confectionery in Indonesia
... added vitamins, minerals, or natural herbs, are gaining popularity, with brands such as Ricola (Ricola AG) incorporating natural herbs into their sugar-free lozenges to deliver health benefits alongside great taste. Brand Tolak Angin (Sido Muncul ... Read More
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Chocolate Confectionery in Indonesia
... main advantages of digital marketing is the ability to target younger consumers who are more active online. Additionally, digital marketing has proven effective in generating hype through collaborations, such as seasonal or limited-time collaborations with ... Read More
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Gum in the Philippines
... have limited finances, which many have as a result of the economic impact of measures imposed to contain COVID-19. The homebound lifestyle seen during the pandemic also worked against gum as it has decreased opportunities ... Read More
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Gum in Indonesia
... wide variety of options for shoppers. However, convenience stores have been expanding rapidly, along with the growth of e-commerce platforms. These developments have increased competition among distribution channels, leading to wider product availability and variety ... Read More
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Chocolate Confectionery in the Philippines
... and 2023 with demand picking up as restrictions have eased and consumers have begun returning to their old lifestyle habits. Consumers are returning to the office, school, and other activities and this is helping to ... Read More
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Chocolate Confectionery in Japan
... to be higher unit prices due to inflation and the rising costs of raw materials and energy. Although several manufacturers had already implemented price increases in 2022, major players such as Meiji, Ezaki Glico, and ... Read More
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