North America

Value growth in butter and spreads is attributed to skyrocketing unit prices across all subcategories. While some of the trends here can be traced to fast-moving consumer goods (FMCG) industry-wide embrace of a “price-over-volume” strategy,…

2023 is showing continued inflationary pricing – particularly so in the case of formula, where. producers leveraged pricing to regain losses suffered during 2022 shortages. Although Abbott Laboratories Inc’s temporary production halts increased…

Alcoholic drinks packaging declined in the retail channel, increased in the foodservice channel and saw only minimal growth overall in Canada in 2022. While shifting consumer preferences towards premium and craft beverages have been seen in recent…

Wearable electronics experienced modest growth in retail volume terms in 2023. Demand continued to be impacted by a high rate of inflation, at least during the first half of the year, which led to more guarded discretionary spending. Continuing the…

Retail volume sales of portable players increased in 2023, thanks to better economic conditions, which impacted positively on discretionary consumer spending. Wireless speakers were the key beneficiary of this trend, with a growing demand for these…

Retail volume sales of smartphones saw a marginal decline in 2023, although this represented an improvement over the previous year. In 2022, the high rate of inflation had negative impact on discretionary spending, and this trend continued into the…

Ongoing challenges in the car market hampered growth in in-car entertainment in Canada in 2023. New vehicle prices remained higher than before the pandemic, due to lingering supply chain issues, exacerbated by the war in Ukraine. High interest rates…

Digital cameras continued their downward spiral in 2023, as smartphones served the needs of most casual and amateur photographers. Most consumers are satisfied with the quality and features of smartphone cameras, alongside their convenience,…

Retail volume sales of televisions saw an uptick in 2023 as consumers started to replace their older models. With the rate of inflation having eased from its peak in the summer of 2022, Canadians gradually returned to spending money on discretionary…

Audio separates experienced a decline in retail volume sales in 2023, continuing the trend of the review period. This was driven by a consumer transition towards smaller, more portable audio devices, such as wireless speakers, which offer more…

Headphones struggled to gain momentum in 2023 as inflationary pressures continued to weigh on discretionary consumer spending, at least during the early part of the year. However TWS earbuds saw modest gains in retail volume terms, as consumers opted…

Retail volume sales of consumer electronics registered a modest decline in 2023, although this represented a considerable improvement over the previous year, when global uncertainty linked to Russia’s invasion of Ukraine led unit prices to increase…

Retail volume sales of computers and peripherals saw a decline in 2023, continuing the trend of the previous two years. Growth was hindered by the high rate of inflation, at least during the first half of 2023, which continued to bite into…

While volume sales of sweet biscuits declined in 2022, inflationary pressures gave private label a jump in share in 2022; trends which are set to be maintained in 2023. Although more consumers have moved to shopping in discounters, some have moved to…

Sugar confectionery saw retail volume and current value growth throughout the pandemic, and this trend is set to continue in 2023. Sugar spun in new and unique ways has caught the imagination of consumers of all ages with a sweet tooth. Viral trends…

Entering 2023, consumers continued to face a tense economic environment, causing constrictions in discretionary spending. Notably, consumers are bracing themselves against the constant threat of recession. As the US Federal Reserve has continued to…

With consumers continuing to struggle with the effects of inflationary pressure on discretionary spending, producers in savoury snacks faced retail volume declines in 2021 and 2022, with only a static performance expected in 2023. While price…

2022 marked the first full year of post-pandemic economic reopening, without foodservice limitations, with vaccinations fully available, and a return to hybrid or office working. A key question was whether with the reopening, ice cream would be able…

While retail volume and current value sales grew in 2022, and this is set to continue in 2023, per capita consumption and spending on gum still fall short of the pre-pandemic level. Prior to 2020, the long-term trend for gum had been for decline,…

US consumers are continuing to modify their shopping habits in order to cope with the higher prices of their favourite treats. Some consumers are buying lower-priced chocolate confectionery to ensure volume supply, some are buying decadent chocolate…