Category: Food & Beverage
Africa Food & Beverage
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Snacks in Nigeria
... was seen in 2022’s sharp fall. Inflationary pressures mean local consumers are suffering from curbed incomes and thus reducing their spending in several areas, including snacks. Though most items within snacks tend to be affordable ... Read More
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Tobacco in Nigeria
... the global recovery from the pandemic, the fallout of Russia’s invasion of Ukraine and the depreciation of the naira. With high inflation eroding purchasing power and causing the general cost of living to soar, rapidly ... Read More
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Middle East and Africa (MEA) Agtech Market Summary, Competitive Analysis and Forecast to 2027
... and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights AgTech refers to the use of technology in ... Read More
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Gum in South Africa
... driven by price rises, value-added options, and flavour innovation. New launches have focused on fruit and mint flavours in two main pack sizes to accommodate consumers with varying budgets. As they are considered the consumers ... Read More
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Savoury Snacks in South Africa
... production of potatoes used in the production of potato chips. While the price of edible oils has reduced thanks to improved local production and the stabilisation of oil prices globally, manufacturing costs continue to increase, ... Read More
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Snacks in South Africa
... well as consumers, as loadshedding has been implemented almost every day, averaging at stage 4 for the year (at the time of writing this report), which means that consumers experience power cuts for three to ... Read More
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Ice Cream in South Africa
... four two-hour slots per day. As a result, consumers have cut their purchases of non-essential freezer items such as ice cream in order to avoid the possible spoilage of products. Furthermore, rising food prices, interest ... Read More
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South Africa Ice Cream Market Summary, Competitive Analysis and Forecast to 2027
... 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Key Highlights The ice cream market consists of artisanal ice cream (both dairy ... Read More
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Chocolate Confectionery in South Africa
... flavours, and digital campaigns, stronger volume declines would have been a reality across categories, as consumers have focused on reducing their spending on non-essential items. Limited-edition launches have proven to be effective in driving sales ... Read More
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Sugar Confectionery in South Africa
... to see double-digit growth in unit prices as a result of rising production costs, such as added overhead costs for back-up power generation, and rising prices of raw materials. In 2020, the government signed the ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in South Africa
... unit prices in South Africa. During 2023 unit prices are set to increase by double digits, driven by higher raw materials costs, such as wheat flour, palm oil, and sugar, and further increases in production ... Read More
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Snacks in Tunisia
... higher retail prices. In retail volume terms, snacks is growing at a slightly faster pace than in 2022, but inflation and lower purchasing power are curbing demand and limiting overall growth potential. The launch of ... Read More
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Savoury Snacks in Tunisia
... snacks category, with marketing campaigns a key driver of retail volume and current value growth. Manufacturers continue to make a sizeable investment in potato chips. In 2023, international brand Lay’s is showing a good performance ... Read More
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Sugar Confectionery in Morocco
... often give sweets instead of change to customers, if the amount owed is minimal. However, volume growth slowed in 2023, due to a combination of the uncertain economic climate and rising health awareness. With inflation ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Morocco
... This was supported by the trend towards away-from-home consumption, following the return to pre-pandemic lifestyles, Moreover, manufacturers such as Mondelez Maroc and Stock Pralim SA became more aggressive in introducing new ranges of biscuits that ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Tunisia
... popular product in Tunisia and is also one of oldest sweet filled biscuits available. However, the launch of the wafer variant has helped to support brand sales, with demand skyrocketing and the brand becoming out ... Read More
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Snacks in Morocco
... of remaining travel restrictions. However, the average rate of inflation remained at an elevated level, largely due to increases in food prices, owing to the war in Ukraine, which caused widespread disruption to global supply ... Read More
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Ice Cream in Morocco
... of global supply chains, weakened the purchasing power of the majority of Moroccans, the majority of which belong to lower-income groups. Within a context of continuing economic uncertainty, consumers limited their intake of perceived non-essential ... Read More
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Savoury Snacks in Morocco
... keen on nuts, they usually buy them in unpackaged, unbranded formats, often in specialised outlets. However, during the review period, many consumers started to make the switch from unpackaged to packaged nuts, due to growing ... Read More
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Chocolate Confectionery in Morocco
... or luxury purchases. Unit prices of chocolate confectionery increased gradually throughout the year, thanks to the rising cost of raw materials, namely imported cacao powder. However, it should be noted that the increase in average ... Read More
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Ice Cream in Tunisia
... on Facebook and Instagram were leveraged to promote the ice cream brand. These two premium brands are sold at a much higher price than mass ice cream brands. However, with the large majority of consumers ... Read More
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Gum in Morocco
... people cut back on unnecessary expenses, including snack products such as gum. However, leading players Mondelez International Inc and Foods & Goods SA (Perfetti) were able to sustain growth in the category by expanding their ... Read More
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Chocolate Confectionery in Tunisia
... industry, which is dependent on this raw material. Several manufacturers had to stop production for a period in 2022, which negatively impacted retail volume sales. The import and distribution of sugar falls under the control ... Read More
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Gum in Tunisia
... also available in the illegal trade. Consumers are attracted by the cheaper price of illicit products in the current inflationary climate, as well as the variety of flavours. Lower purchasing power is putting Tunisian companies ... Read More
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Sugar Confectionery in Tunisia
... de Chocolaterie et de Confiserie (SOTUCHOC) is pushing its Happy Full brand in 2023 with a number of new products, following its initial launch in 2021. SOTUCHOC holds a much smaller share in sugar confectionery ... Read More