Category: Food & Beverage
Europe Food & Beverage
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Serbia Spirits
... full rebound in volume sales during 2024. With the rate of inflation still increasing in 2023, consumers continued to economise and reduced the frequency of visiting on-trade establishments. Meanwhile, current value growth was underpinned by ... Read More
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Finland Chocolate Confectionery
... stagnate during the year, while current value sales will continue to rise. Competition from other snack categories, such as sugar confectionery and ice cream, especially during the summer months, remains a key feature of the ... Read More
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Bulgaria Gum
... product and thus it has been impacted by higher transportation fees. The category is still in the process of recovering from the huge drop in sales seen during the start of the pandemic when consumers ... Read More
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Bulgaria Sugar Confectionery
... which have remained high after rising sharply in 2023. The return of El Niño and the warmer and drier weather in sugar producing countries limited the sugar supply in 2023, and although the supply chain ... Read More
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Finland Savoury Snacks
... at home or on the go. As a result, it is proving be the most resilient category in terms of sales, with other types of snacks, such as chocolate confectionery, for example, facing heavy competition ... Read More
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Bulgaria Snacks
... more modest pace as inflation begins to stabilise, as well as the impact of prevailing economic uncertainty on consumer confidence. A sharp rise in average incomes in Bulgaria has also had a polarising effect. On ... Read More
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Bosnia and Herzegovina Sugar Confectionery
... translates to a continued decline in consumer interest, as people gravitate towards healthier snack options and shy away from sweets high in sugar and carbohydrates. Bucking the downward trend, medicated confectionery is recording the strongest ... Read More
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Serbia Rtds
... Spirit-based RTDs are experiencing higher sales growth due to the greater product assortment on retail shelves. However, wine-based RTDs enjoys the greater volume share, but the category has suffered from a lack of variety with ... Read More
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Finland Gum
... gum created with the sweetener xylitol, which has been available in Finland since the 1970s when the leading brand, Jenkki, introduced the innovation to the landscape. Xylitol has well-known dental health claims, having been shown ... Read More
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Finland Ice Cream
... levels being amongst the highest in Europe. While sales peak during the summer, it is noteworthy that Finns are widely known to indulge in ice cream in the winter, aiding sales within the landscape. Consumers ... Read More
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Bulgaria Savoury Snacks
... seen in 2024, the retail prices of some savoury snacks have continued to rise. Producers and retailers are facing higher production and operating costs due to factors such as a sharp rise in labour costs. ... Read More
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Bulgaria Ice Cream
... prices in the last few years of the review period and heightened consumer price sensitivity. Ice cream is not considered a basic food item with demand largely focused around three months of the year when ... Read More
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Serbia Alcoholic Drinks
... rise year on year resulting in higher costs of living. Many Serbian consumers reduced the frequency of visits to the on-trade in 2023. The economising trend also led to a greater emphasis on price comparisons ... Read More
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Finland Sugar Confectionery
... major challenges facing sugar confectionery is the prominent health and wellness trend, and particularly, the role of sugar in the development of a wide range of health issues, including obesity and type 2 diabetes, for ... Read More
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Bulgaria Sweet Biscuits, Snack Bars and Fruit Snacks
... at a slower rate than in the previous two years. Despite inflation starting to stabilise and a decline in the prices of most raw materials, production costs remain high, which has been reflected in further ... Read More
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Bosnia and Herzegovina Chocolate Confectionery
... place in the snacking landscape. While retail volume growth remains stable, the impact of rising prices in 2024 translates to a significant increase in retail sales price (RSP) value, reaching the upper single-digit range. This ... Read More
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Bosnia and Herzegovina Ice Cream
... resilience can be attributed to the constant stream of exciting new product launches from ice cream manufacturers. Consumers continue to crave ice cream as a refreshing treat, showing a strong interest in the novel flavours ... Read More
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Bulgaria Chocolate Confectionery
... the global jump in cocoa prices started to be felt, with chocolate products becoming more expensive as a result. This has been reflected in stronger growth in current value terms. However, price growth has been ... Read More
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Serbia Wine
... also remained stable with awareness and interest in wine having grown steadily throughout the review period. Wine is growing in appeal as reflected by the rising number of occasions where it is consumed. Euromonitor International's ... Read More
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Finland Sweet Biscuits, Snack Bars and Fruit Snacks
... of the high cost of living. Such products also face heavy competition from other types of snacks, such as confectionery. Nonetheless, performance varies considerably within the category, with cereal bars and fruit and nut bars, ... Read More
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Serbia Beer
... of beer. As a result, one-fifth of beer was purchased on discount enabling manufacturers to elevate consumption in the off-trade. Serbians had returned to the on-trade in greater numbers in 2022 as COVID-19 fears subsided ... Read More
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Bosnia and Herzegovina Savoury Snacks
... influence of health and wellness trends. Consumers are increasingly opting for healthier snacking alternatives like dried fruits and protein/energy bars, which are experiencing flourishing demand, and cutting back on carbs typically found in savoury snacks. ... Read More
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Serbia Cider/Perry
... growing consumer base with healthier lifestyles fuelling greater interest in cider. Compared to other stronger alcoholic beverages, cider/perry is perceived by some to be a healthier option due to its lower alcohol content and the ... Read More
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Bosnia and Herzegovina Sweet Biscuits, Snack Bars and Fruit Snacks
... continue to dampen demand for certain sweet biscuit categories reliant on refined sugar. On the other hand, these same trends fuel consumer interest in health-conscious options. This translates into a growing demand for biscuits, snack ... Read More
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Finland Snacks
... supressed by high prices and low levels of consumer purchasing power, as the economy begins to recover from the recession. Savoury snacks is proving be the most resilient product area in terms of sales, while ... Read More
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