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...
Over 2024, snacks in Tunisia is projected to continue to register moderate retail volume and double-digit retail current value growth. This reflects a resilience in terms of consumption in the face of strong price increases across categories. Higher…
The snacks market is set to see growth in both volume and value terms in Serbia in 2024. This is largely due to the return of consumers to their busy lifestyles, including increased opportunities for socialisation inside and outside the home and…
The year 2024 saw growth for the entire snacks category, although the gap in growth of volume and current value sales widening. The 5% VAT rate on some foodstuffs, paused during the COVID-19 pandemic, was reinstated on 1 April in categories including…
Snacks in North Macedonia enjoyed stable retail volume growth in 2024. Inflation is slowing but unit price increases are still common due to ongoing geopolitical crises and the war in Ukraine. This continues to negatively impact input costs,…
Snacks in Latvia is exhibiting signs of a comeback in 2024, following a challenging period in 2022 and 2023 marked by price increases across various categories. While the beginning of the year witnessed sluggish sales, a more optimistic outlook…
Snacks in Kenya is undergoing a period of significant transformation, driven by a confluence of factors including inflation, evolving consumer preferences, and emerging trends. Inflationary pressures have led to increased production costs, prompting…
Retail volume sales of snacks in Hungary are expected to see modest growth in 2024, following the flat performance of the previous year. While inflation has fallen significantly from the peak seen in January 2023, the prices of essential raw…
Despite lower retail volume growth compared to 2023, consumer demand for snacks remains robust in Georgia supported by the ongoing snackification trend and a rise in tourism. Discounting policies by major players continue to drive volume growth, with…
Ecuador's snack industry has endured a rollercoaster ride in 2024. A confluence of negative events – rising insecurity, economic woes stemming from the pandemic, and political instability following the early departure of President Lasso –…
In general, snacks in Denmark is experiencing a level of stabilisation in demand towards the end of the review period, following a spike in the wake of lockdown/home seclusion measures, which increased snacking occasions during the Coronavirus…
A positive economic picture is expected to support moderate current value and volume growth in snacks in Costa Rica in 2024. Increasing tourist numbers is also expected to support value and volume growth, particularly in more premium offerings – such…
Retail volume and current value growth rates for snacks in Bolivia in 2024 are expected to be slower than those recorded in 2023. The downturn is mainly explained by a severe shortage of US dollars in the economy resulting from declining production…
Savoury snacks bounces back into positive volume growth in Vietnam in 2024, although potential sales remain somewhat suppressed by ongoing economic factors which continue to limit consumers’ spending power. Within this environment, consumers are…
Consumers of savoury snacks in Tunisia exhibit high price-sensitivity, which strongly impacts category development. In 2024, the average retail current unit price is expected to continue to see a double-digit increase, driven by high inflation and…
Savoury snacks is set to see double-digit current value growth in Serbia in 2024. Hectic consumer lifestyles and the increase in on-the-go consumption are stimulating sales of savoury snacks in the Serbian market. However, with the cost of living…
In 2024, savoury snacks saw growth across all metrics in Poland, although volume growth increase was marginal while current value growth slowed but remained robust.
In 2024, savoury snacks continue to gain attention among local consumers thanks to regular new launches. With inflation easing in 2024 retail volume growth is gaining momentum, despite the ongoing demographic challenges and shrinking consumer base in…
Savoury snacks in Latvia shows signs of recovery in 2024, exhibiting a less negative growth trajectory compared to the previous year. This cautious optimism stems from a shift in manufacturer strategies. Recognising the dampening effect of rising…
The economic landscape in Kenya is conducting the orchestra of consumer behaviour in packaged food, including savoury snacks, in 2024. Inflation has taken centre stage, leading to a heightened focus on affordability. Kenyans are becoming increasingly…
Retail volume sales of savoury snacks will see continued growth in retail volume terms in 2024, thanks to the low cost of many of the products within the category. Lifestyle changes have also had a positive impact on demand for snacks, including the…
Savoury snacks are expected to maintain positive growth in Georgia throughout 2024. Consumer demand will be fuelled by the variety of consumption occasions, including increased home consumption and the resurgence of tourism in recent years. Per…
In 2024, savoury snacks in Ecuador looks set to record minimal value growth, whilst volume sales are on the decline. The rising cost of raw materials during the year has forced manufacturers to raise prices. This has led to a shift in consumer…
The selection of savoury snacks in Denmark is huge, taking up lots of space on retailers’ shelves. Despite higher prices, retail volume sales are projected to increase, albeit modestly, over 2024. There are, however, expected to be divergences in…
Savoury snacks with a healthier positioning are gaining value share. There is an increasing offering from both local and global brands. Examples include local brand Soldanza Party Mix, which incorporates a variety of root vegetables such as yuca,…
With inflationary pressures and heightened economic uncertainty fuelled by the balance of payments crisis eroding purchasing power and confidence among consumers, retail volume and current value growth rates for savoury snacks in Bolivia in 2024 are…
Ice cream inches back into small positive volume gains in 2024, despite challenges facing the category. To start, inflationary pressures continue to create price sensitivity in consumers, thus, budget-conscious consumers focus their spending on…
With regard to ice cream in Tunisia, consumers exhibit significant price-sensitivity. This sensitivity to pricing has been exacerbated by economic crisis and high inflation towards the end of the review period. Price rises can also be attributed to…
Ice cream is set to see double-digit current value growth in Serbia in 2024. In the context of a high rate of inflation, the prices of ice cream have risen significantly. The increase in raw milk prices and a decline in milk production have led to…
In 2024, ice cream saw growth across all metrics in Poland, although volume growth increased on the previous year while current value growth slowed but remained robust.
Local consumers love to refresh themselves with ice cream during the warm spring and hot summer months in North Macedonia. As a result, consumer demand for ice cream remains stable in 2024, resulting in low and steady retail volume growth. Robust…
The Latvian ice cream industry is cautiously optimistic about 2024, with an anticipated early summer potentially boosting sales. This could help recoup some of the losses experienced in 2022, which were not fully recovered in 2023. Warmer weather…
A confluence of factors, including rising inflation and increasing production costs, has made Kenyan consumers more sensitive to price in 2024. This newfound price consciousness is translating into a shift in purchasing behaviour, with consumers…
The ice cream market in Hungary, which comprises nearly 50 companies, continues to face significant operating challenges. While inflation has fallen significantly from the peak seen in January 2023, the prices of essential raw materials, such as…
The year 2024 is poised to be a promising one for ice cream in Georgia. With the return of tourists and an uptick in consumer spending, manufacturers are focusing on introducing new products and flavours. This diverse range of offerings is expected…
Ecuador's 2024 energy crisis, triggered by a drought impacting hydroelectric plants, threw a curveball at the ice cream industry. Power outages lasting up to eight hours significantly disrupted operations. Ice cream shops, reliant on constant power…
Despite being a popular category, ice cream in Denmark faced volume sales challenges towards the end of the review period amid rising prices. Increased energy costs have driven up the expenses associated with transporting and storing ice cream, along…
Current value and volume growth is expected to continue to be healthy for ice cream in Costa Rica in 2024. A positive economic picture, along with increasing tourist numbers is also expected to boost volume sales. Local dairy and food company, Dos…
Retail volume and current value growth rates for ice cream in Bolivia in 2024 are expected to be significantly slower than those recorded in 2023. In keeping with the trend witnessed across snacks as a whole, this is partly due to price hikes and…
Gum manages to inch back into marginally positive volume gains in Vietnam in 2024, although recovery of the category remains hampered by inflationary pressures leading to lower consumer spending power. Gum is being affected due to the fact it is…
Average unit prices of gum in Tunisia are experiencing significant growth, primarily driven by high inflation and related increased costs of transportation and production. Despite these economic challenges, gum in Tunisia is expected to continue to…
Gum is set to see significant current value growth in Serbia in 2024. Volume sales of gum are being stimulated by busy lifestyles and the related shift towards on-the-go consumption and snacking. Bubble gum, however, continues to face falling volume…
After registering a slight decline in sales volume due to the rapid inflation of 2023, gum in Poland in 2024 was characterised by growth in both volume and current value sales. This optimistic trend is primarily attributed to the anticipated…
Consumer demand for gum is stagnating as fewer consumers buy bubble gum or chewing gum in North Macedonia. Gum increasingly has a bad name, due to its high sugar content and bad environmental reputation in terms of disposability, and this is a…
Gum in Latvia experiences value growth in 2024, though this increase is tempered by ongoing inflationary pressures. While price hikes are less severe compared to recent years, they still constrain significant growth in overall value. Consumers remain…
Despite rising inflation and price increases across most consumer goods, the gum category is exhibiting resilience in Kenya in 2024. This can be attributed to the continued demand for gum due to its widespread availability in major retail channels…
The market for gum in Hungary will see an improved performance in 2024, with best growth in retail volume terms. Sales of chewing gum remain largely impulse-driven and with an increase in mobility, consumers have more opportunities to purchase these…
Gum witnessed significant volume growth in 2024 as part of its ongoing recovery from the COVID-19 pandemic and the rebound in sales of Wrigley’s Orbit brand. In 2022, Wrigley Jr Co, William (Mars Inc) faced supply issues resulting in sales decline…
Gum in Ecuador has faced several challenges in recent years. One of the primary issues is that consumers perceive gum as a relatively lacklustre product. This can be attributed to the limited number of new product launches in the gum category,…
Gum in Denmark is in decline, with both retail volume and current value sales expected to continue to decrease over 2024. On a more positive note, functional gum is gaining popularity among Danish consumers, driven by a growing interest in health and…
Gum in Costa Rica is expected to be the weakest performing snack in 2024, registering only marginal volume growth, as some consumers cut back on gum. Gum is increasingly getting a bad name, in particular as it is non-biodegradable and can be a blight…