Category: Snack Foods
Asia Snack Foods
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Snacks in Azerbaijan
... inflation and tightening monetary policy. Azerbaijan’s high energy export revenue should protect the economy to an extent. That being said, inflation is expected to still be an issue, though its growth is expected to ease ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Georgia
... factors. Firstly, the snackification trend is driving consumers towards more convenient and portable snack options, resulting in a shift from unpacked to packaged sweet biscuits which started in 2020-2021. Secondly, there has been a growing ... Read More
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Snacks in Bangladesh
... of gas, electricity, raw materials, and imports all drastically increasing, this creates difficulties for lower- and middle-income consumers. Many no longer have money to spend on non-essential indulgent products such as snacks are, resulting in ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Malaysia
... their ability to source key raw materials such as flour and sugar, locally. According to industry sources, Malaysia has a sufficient supply of these ingredients for industrial use, thereby enabling these manufacturers to maintain substantial ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Thailand
... alongside the revival of tourism. Tourism is a strong factor here, as there is a huge demand for tropical Thai fruits from Asian tourists, especially so from Chinese tourists (there is also a demand for ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Vietnam
... 2023. Sales were negatively impacted to a return to pre-pandemic lifestyles, which saw consumers snack less on these items whilst working, studying, or entertaining themselves at home. Growth was also impacted by high domestic inflation, ... Read More
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Snacks in Vietnam
... considerable impact on purchasing behaviour, with cash-strapped consumers forced to reduce their expenditure on discretionary items, including snacks, which are usually purchased on impulse during shopping trips. While manufacturers of snacks tried to their best ... Read More
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Savoury Snacks in Vietnam
... more frugal with their spending, this was due to rising health concerns, triggered by the pandemic, which led many Vietnamese people to cut back on overly fatty and salty food items. In addition, consumers proactively ... Read More
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Snacks in Malaysia
... the confectionery sector, is impacting consumer behaviour. Demand in volume terms for impulse purchases and indulgence products is dropping, while the escalation in prices means consumers are becoming more discerning in their snack choices, prioritising ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Singapore
... 2022. However, the category is set to see continued retail current value growth. As production costs have continued to stay high or moved even higher in 2023, many brands responded with price hikes to protect ... Read More
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Savoury Snacks in Singapore
... after Indonesia’s export ban, and is expected to result in a dynamic increase in retail current value terms in the year overall. Palm oil is a key ingredient in the process of making savoury snacks ... Read More
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Snacks in Singapore
... drive current value growth across all snacks categories. In turn, some consumers are continuing to gravitate towards purchasing larger pack sizes to achieve better value for money, while there is a shift by some consumers ... Read More
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Savoury Snacks in Malaysia
... production costs, particularly impacting potato chips and other savoury snacks such as seaweed-based products. These product areas have witnessed the steepest growth in unit prices during the year. Euromonitor International's Savoury Snacks in Malaysia report ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in the Philippines
... the contraction in sales of sweet biscuits, with major companies in this area such as Monde Nissin Corp and Universal Robina Corp seeing sales fall. The poor performance of sweet biscuits was in part a ... Read More
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Snacks in the Philippines
... spending behaviour. The market witnessed an ongoing economic recovery supported by greater mobility with there being greater normalcy in offices and schools and the return of inbound tourism, which has helped to sustain growth in ... Read More
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Snacks in China
... thereby regaining momentum after a lacklustre performance in 2022. As logistics and offline distribution channels have gradually resumed operations, most snacks categories are anticipated to witness a rebound from their previous decline, facilitated by the ... Read More
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Savoury Snacks in China
... set to be the recovery of nuts, seeds and trail mixes, which faced a sharp decline in 2022 due to supply chain disruptions. In 2023, this category is expected to bounce back, as the supply ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in Japan
... increases were implemented by several manufacturers in 2022, further increases have become inevitable in 2023, as the prices of raw materials such as wheat, and energy costs continue to rise. Many manufacturers, such as such ... Read More
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Savoury Snacks in South Korea
... categories. Nuts, seeds and trail mixes, which are positioned as healthier snacking options, have garnered attention in 2023, and the category is set to experience growth in both retail volume and current value terms. Conversely, ... Read More
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Snacks in Japan
... implemented price increases in 2022, the costs of raw materials, logistics, and energy continue to rise, and it is becoming inevitable that many manufacturers will raise their prices again in 2023. Several major manufacturers have ... Read More
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Savoury Snacks in the Philippines
... in retail volume terms in 2022. The improvement in the economy was linked to the increased mobility of consumers and a subsequent uptick in economic activity. This favourable environment has enabled players operating within savoury ... Read More
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Savoury Snacks in Japan
... in 2022, but the costs of raw materials and energy continue to rise, making it inevitable that manufacturers will raise prices again in 2023. Indeed, major manufacturers such as Calbee, Kameda Seika, KOIKE-YA, Bourbon Corp ... Read More
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Snacks in South Korea
... brought about various product innovations across different categories, which is contributing to value growth. Amongst these trends, the animation character trend has had a significant impact in the market. Companies operating in snacks in South ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in China
... current value terms. Sweet biscuits, which accounts for more than half of value sales, is expected to record a similar growth rate to the overall category in 2023, although this growth rate is set to ... Read More
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Sweet Biscuits, Snack Bars and Fruit Snacks in South Korea
... in 2023, although the growth dynamics vary across categories. Fruit snacks and snack bars, which are positioned as healthier snacks options, have continued to attract attention in 2023, and are set to experience dynamic retail ... Read More
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