Over the forecast period, sugar confectionery in New Zealand is poised to record low value growth (at constant 2024 prices) as unit prices stabilise. This trend will be influenced by prolonged economic constraints, with the Reserve Bank of New Zealand (RBNZ) forecasting that the Official Cash Rate will remain at 5.
Product development innovation plays a pivotal role in driving growth within sugar confectionery. Local consumers, especially younger demographics, are constantly in pursuit of novel and exciting experiences from their preferred snacks and treats.
As the snacks industry increasingly shifts its focus towards healthier alternatives, there is expected to be a notable surge in the demand for nutritious and health-conscious options. This evolving consumer preference provides a fertile ground for growth in the healthy confectionery space, urging manufacturers to diversify their product offerings with more low-sugar, low-calorie, and naturally sourced ingredients.
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Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in New Zealand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sugar Confectionery industry in New Zealand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See All of Our DefinitionsThis report originates from Passport, our Sugar Confectionery research and analysis database.
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