Market research on the snacks industry. Standardised and cross-co...
Market research on the snacks industry. Standardised and cross-comparable statistics including total market sizes, market share and brand performance, distribution and industry trends.​ Insight and data cover chocolate and sugar confectionery, gum, s...
While chocolate confectionery in Azerbaijan is poised to record a moderately improved result in current value growth terms in 2024, this is mainly attributable to price hikes imposed to offset elevated inflation linked to the global recovery from the…
Chocolate confectionery in China saw solid retail current value growth in 2023, and this trend is expected to be maintained in 2024. Beyond the traditional formats, chocolate confectionery continues to evolve in terms of textures and tastes. First,…
Despite rising cocoa costs and supply chain disruptions, total demand for chocolate confectionery in Hong Kong continues to grow, with seasonal holidays emerging as a key growth driver. Seasonal chocolate and boxed assortments tend to be strong…
The per capita consumption of chocolate confectionery in India in 2023 is only 7% of consumption in the US and 10% of consumption in the UK. Generally, chocolate confectionery in India has limited mind space association, primarily focused on gifting,…
Chocolate confectionery is achieving positive value gains in Indonesia, thanks to high unit prices, with retail volume also in small positive retail growth. The high unit prices in chocolate confectionery are attributed to the high costs of cocoa,…
Since 2022, chocolate confectionery in Japan has seen a steady rise in the unit price per kilogram, and this trend is anticipated to persist in 2024. Increasing prices are largely attributed to the premiumisation of confectionery, which began around…
Chocolate confectionery is seeing positive volume growth in Kazakhstan in 2024, with value being supported by price hikes. Notably, there has been an increase in the cost of cocoa globally, thus affecting the chocolate confectionery industry.…
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…
Chocolate confectionery is relatively small in Pakistan in terms of value share. However, it is expected to perform strongly in 2024, with healthy constant value and volume growth, only partly explained by population growth. This positive picture is…
Similar to overall confectionery, in 2024 chocolate confectionery in Singapore is set to see negligible retail volume growth. This is partly due to government efforts to curb health problems such as diabetes and regulate sugar intake, along with…
Chocolate confectionery in South Korea is expected to see low retail current value growth in 2024, along with marginal retail volume decline. Mixed developments are being seen in 2024, influenced by broader market trends and changing consumer…
Chocolate confectionery is set to see current value growth in Taiwan in 2024, though volume sales are expected to fall. Demand has been undermined by the fact that the habit of snacking at home is declining. Many consumers have reduced the amount of…
Thailand has returned to normality in 2023, following the restrictions created by the COVID-19 pandemic. Consumers have returned to out-of-home, on-the-go lifestyles, along with a large number of tourists visiting the country. As such, this revival…
Retail volume sales of chocolate confectionery in the Philippines increased modestly in 2020 and 2021. Nonetheless, demand benefited from robust at-home consumption during the (COVID-19) pandemic. However, the category saw stronger growth in 2022;…
Chocolate confectionery in Uzbekistan is expected to register healthy volume growth, though constant value growth is expected to be muted, as high inflation sees consumers trading down to an extent. Players also support volume sales by offering…
Chocolate confectionery is seeing small volume gains in Vietnam in 2024, while value is better supported by inflationary pressures leading to higher unit prices. Notably, global increases in the cost of raw ingredients such as cocoa and sugar are…