Snacks

Sweet biscuits, snack bars, and fruit snacks are experiencing a deceleration in value growth in 2024. Inflationary pressures are impacting certain products, such as sweet biscuits and dried fruits. However, the most significant factor hindering…

Sugar confectionery in Canada is experiencing a deceleration in value growth during 2024. This slowdown can be attributed to two key factors. Firstly, a significant rise in sugar confectionery prices has led consumers to seek alternative sweet…

While overall inflation in Canada has eased somewhat in 2024, food inflation remains high, impacting snacks as a product area as a whole. Sugar confectionery, gum, and sweet biscuits have been among the hardest hit areas. Additionally, historically…

Savoury snacks in Canada is experiencing a slowdown in value growth in 2024. However, volume growth remains strong, indicating a rise in demand as prices stabilise after a period of inflation. Savoury snacks are increasingly viewed as a healthier…

Ice cream, as a product area, in Canada is experiencing a slowdown in value growth in 2024, despite a slight increase in unit prices. Consumer demand for this frozen treat seems to be melting away for several reasons. One contributing factor is the…

Despite the initial growth spurt in 2024, the gum category experienced a significant slowdown in sales later in the year in Canada. This shift can be attributed to a decline in consumer interest, as preferences veer towards healthier snacking…

Chocolate confectionery maintains its healthy growth in Canada in 2024, bolstered primarily by escalating commodity prices and a strong consumer desire for indulgence. Cocoa prices experienced significant increases in the first half of the year,…

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…