Snacks

Snack sales are still being impacted by unprecedented historic events (eg the COVID-19 pandemic, war and inflation). The latest updates to Snacks Industry Forecast Model suggest that with prices on the rise, sales are expected to see a slowdown in…

The modern consumer confronts a world that is highly stressful. With few signs that this will change anytime soon, responding to consumer stress levels is of the utmost priority to functional products throughout the food and beverage space. This…

This report examines inflation levels and drivers globally and in key countries. Global inflation is reaching a peak, although geopolitical risks and uncertainty in the energy market remain key risks. The impact varies between countries, with…

Cell-cultured meat’s journey towards our plates took a leap forward at the end of 2020, when Singapore became the first country worldwide to allow its sale. The likelihood of further markets joining suit has intensified since then, as has the…

The sharp increase in prices of food in 2022 is directly linked to rises in costs of commodities, labour, energy and transportation. Consumers are reacting to inflation according to their income level, price sensitivity and brand loyalty. Responses…

After seeing dynamic pandemic-related growth in 2020 due to home seclusion, minimal changes in value sales were seen in 2021 and 2022, despite restrictions easing. With rising health-consciousness, a move towards snack bars and fruit snacks is being…

There have been mixed performances among the leading markets in Latin America, with Brazil and Mexico continuing to record positive growth in 2022, but Argentina, after a slight recovery in 2021 from the steep decline in 2020, back to seeing falling…

After growth held up quite well during the first two years of the pandemic, only a modest sales increase was recorded in 2022, given all three of the biggest markets in the Asia Pacific region were in decline in this year. While the Chinese market…

Nestlé SA is one of the leading food manufacturing companies globally standing firmly in fourth position in the snacks segment. Chocolate confectionery and ice cream allowed Nestlé SA to fortify its position in the leader board but changing demand…

The surge in diet-related non-communicable diseases has led government authorities to take action, pushing the food industry to prioritise nutritional quality. Among the measures taken, front-of-pack labels have come to prominence, particularly in…