Snacks

Savoury snacks is expected to be the only snacks category in South Africa to see both retail current value and volume growth in 2024. However the volume growth rate will be minimal as brands and consumers continue to be under pressure. Unit prices…

In 2024, snacks in Bangladesh saw strong price increases, which impacted demand. A dollar shortage disrupted imports, boosting local product development, especially in savoury snacks and sweet biscuits. Rising living costs push consumers toward…

In 2024, snacks in Myanmar see a rebound in volume sales driven by adaptations to consumer demands and lifestyle changes. Companies are introducing smaller packs and innovative flavours, catering to evolving tastes. Increased mobility has led to more…

South Africa is facing several macroeconomic challenges which are impacting consumers’ spending power, including: slow economic growth (forecast at 1% y-o-y for 2024); a high unemployment rate (roughly 33% in May 2024); high inflation of 5-6% in the…

Snacks in Sri Lanka is seeing a return to retail volume growth amid a shift to healthier options and smaller packs in 2024. Players are trying to limit prices while others launch new products to lure consumers. Small local grocers lead distribution…

In 2024, sugar confectionery is set to be more resilient than chocolate confectionery in South Africa in retail volume terms, as some consumers have been trading out of the chocolate confectionery category due to strong price increases. Sugar…

Sweet biscuits, snack bars and fruit snacks is expected to continue to see a low retail volume decline in South Africa in 2024. With rising prices, inflation, and the rising cost of living, some consumers are reducing their spending on non-essential…