Snacks

Snacks is seeing small positive volume sales in Indonesia in 2024, with value sales more strongly supported by high unit prices. These high prices are caused by inflationary pressures and hikes seen in the cost of raw ingredients and manufacturing,…

Sugar confectionery remains in a small volume slump in Indonesia in 2024, while value sales achieve small positive gains. Sugar confectionery faces challenges from rising health and wellbeing trends, within which there is a growing awareness of the…

Sweet biscuits, snack bars and fruit snacks is achieving decent value and volume growth in Indonesia in 2024. Fruit snacks is seeing the strongest volume growth, while sweet biscuits shows the strongest value growth. However, as seen across snacks…

With economic challenges showing signs of easing (eg lower inflation and less price pressure), the global snacks industry is embarking on a path to recover eroded growth. The industry will be faced with thinly stretched consumers who now carry a…

To gain a competitive edge and accelerate growth, companies must focus on understanding their target consumers. This report provides insights into seven consumer types, helping businesses refine their strategies to align with prevailing consumer…

Spending is set to improve in Asia Pacific, shifting consumer priorities from affordability to longer-term value seeking across channels. Brands must offer superior value regardless of time and place. Snack and meal solutions can tap into routine…

Following a four-year period of declining sales, the market for chocolate confectionery is expected to see positive, albeit modest growth, in retail volume terms in 2024. Recovery is being tempered by challenges such as escalating commodity prices…

Given its relatively maturity, the market for gum in Thailand is expected to continue its downward trajectory in retail volume terms in 2024. As an impulse purchase, gum is particularly vulnerable to shifts in consumer spending behaviour, especially…

Demand for ice cream in Thailand is expected to grow continue to grow in 2024, driven by consumer indulgence and ongoing brand innovation. However, the rate of retail volume growth is projected to slow compared to the previous year, as consumers…

The market for savoury snacks in Thailand is projected to experience modest retail volume growth in 2024, a slight improvement over the previous year. Nonetheless, demand is being hindered by cost of living pressures, which have seen consumers reduce…