Understand the cultural and socioeconomic influences that shape i...
Understand the cultural and socioeconomic influences that shape industry demand throughout Asia-Pacific, with local insight, market statistics and analysis ranging from strategic regional overview to in-depth coverage by country or city.
Sugar confectionery is expected to register healthy volume growth, through constant value growth will be more muted, as inflation cuts into profit margins. Sugar confectionery is linked to special occasions, celebrations and holidays and plays a…
Sweet biscuits, snack bars, and fruit snacks is seeing good growth in Kazakhstan in 2024, with robust value supported by high prices, and healthy volume supported by baseline demand. Snack bars, in particular, is seeing robust volume growth across…
Sweet biscuits, snack bars and fruit snacks continued to be the largest snack in terms of value sales in Pakistan, with sweet biscuits dominating volume sales. In 2024, in spite of continuing high inflation, the segment is expected to register…
Sweet biscuits, snacks bars and fruit snacks continue to be Uzbekistan’s most popular snack choice and in 2024, it is expected to register both healthy constant value and volume growth. Sweet biscuits continue to dominate sales, though fruit snacks…
The market for chocolate confectionery in Malaysia is set to see a stagnant performance in retail volume terms in 2024. Demand is being impacted by ongoing price rises, as input costs spiral to an all-time high. Cacao prices, for example, surged at…
The market for gum in Malaysia is expected to decline in retail volume terms in 2024, continuing the trend of the previous year. One key contributing factor is the high cost of living, thanks to ongoing pressures, which has dampened consumers'…
Ice cream in Malaysia is expected to register a decline in retail volume terms in 2024, continuing the trend of the previous year. This is within the context of steep unit price surges for both bulk and multi-pack dairy ice cream, as manufacturers…
The overall market for savoury snacks in Malaysia is expected to register a fairly flat performance in retail volume terms in 2023, although outcomes will vary according to subcategory. In rice snacks and popcorn, for example, demand is being stifled…
The market for snacks in Malaysia is set to decline in retail volume terms in 2024, following the sluggish performance of the previous year. Growth is being impacted by the increasing prices of raw materials (notably, cocoa and sugar), sparked by the…
Retail volume sales of sugar confectionery in Malaysia are set to continue to decline in 2024.Growth is being impacted by a wave of price hikes, as manufacturers battle with higher operating costs. This is due to the increasing prices of raw…
The market for sweet biscuits, snack bars and fruit snacks in Malaysia is set to see a stagnant performance in retail volume terms in 2024, continuing the trend of the previous year. However, on a more positive note, the category is expected to see…
In 2024, snacks in Cambodia's is thriving, driven by economic growth, tourism revival, and manageable inflation. Post-pandemic recovery and GDP growth have boosted consumer spending. Political stability attracts investments, supporting growth and…
Snacks in Laos remains dominated by international brands with more products being introduced to local consumers. Additionally, more local brands have been seen, particularly within sweet biscuits, snack bars and fruit snacks, ice cream and savoury…
In 2024, snacks in Bangladesh saw strong price increases, which impacted demand. A dollar shortage disrupted imports, boosting local product development, especially in savoury snacks and sweet biscuits. Rising living costs push consumers toward…
In 2024, snacks in Myanmar see a rebound in volume sales driven by adaptations to consumer demands and lifestyle changes. Companies are introducing smaller packs and innovative flavours, catering to evolving tastes. Increased mobility has led to more…
Snacks in Sri Lanka is seeing a return to retail volume growth amid a shift to healthier options and smaller packs in 2024. Players are trying to limit prices while others launch new products to lure consumers. Small local grocers lead distribution…