Snacks

2023 witnessed another year of double-digit price increases for ice cream in the UK due to persistent cost pressures in raw materials, such as milk, sugar, edible oils and cocoa beans, key ingredients in the category’s production, combined with the…

After retail volume sales of ice cream in the US saw significant growth during the first year of the pandemic in 2020, the category subsequently saw declining volumes, with this trend set to continue in 2024. This is due to a normalisation of sales…

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…

Like other snacks categories, ice cream in Turkey is affected by the high inflation that has hit the market, especially towards the end of the review period. This has exerted strong upward pressure on prices and compressed disposable incomes and…

Ice cream in Ukraine is seeing increased availability of imported products in 2024, under popular confectionery brands. For example, KitKat, Toblerone, Oreo, and Milka, as well as Snickers, Bounty, Twix and Mars, among others. Despite their high…

Ice cream sales volume in Uruguay encountered a contraction in 2023, and a similar trend is expected to persist in 2024. This decline can be attributed solely to adverse weather conditions. Compared to previous years, the weather since mid-2023 has…

Ice cream is expected to be the standout snack performer in Uzbekistan in 2024, with double-digit percentage constant value growth, as well as healthy volume growth. Local consumers are actively moving from low-cost ice cream options to higher…

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…

As the world moves beyond COVID-19, fast-moving consumer goods (FMCG) brands must navigate a reality in which e-commerce growth has slowed dramatically from the lofty heights of the pandemic. Using insights obtained from Euromonitor International’s…

Global packaged food sales are set to exceed USD3 trillion in 2024, with volumes growing over the forecast period. Even with inflationary pressures moderating, each grocery category (staple foods, dairy products and alternatives, snacks, and cooking…