Snacks

The market for sweet biscuits, snack bars and fruit snacks in Thailand is expected to see modest increase in retail volume sales in 2024, following a slight dip in the previous year. While unit price growth is decelerating, the high cost of living…

Sugar confectionery in Thailand is set to see a flat performance in retail volume terms in 2024. Demand is being negatively impacted by increasing consumer concerns about the health implications of excessive sugar intake, and a shift towards avoiding…

The snack market in Thailand is projected to experience robust growth in current value sales in 2024, driven by factors such as rising unit prices, a growing focus on health and wellness, and the ongoing trend towards premiumisation. However, the…

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…

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…

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…

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…

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…

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…

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…

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…

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…

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,…

Savoury snacks remains in a retail volume slump in Indonesia in 2024, with value sales better supported by high unit prices caused by inflationary pressures. Savoury snacks is a mature category in Indonesia, with this factor also contributing to a…

Ice cream in Indonesia is achieving small value and volume gains in 2024. That said, retail ice cream has recently faced competition from foodservice, with the on-trade channel seeing significant volume growth in the previous year. In the recent…

Gum remains in a structural decline in Indonesia in 2024, in both value and volume terms. Gum is a small and mature category, with few opportunities for innovation or reinvention. Thus, maturity is set to continue to limit growth potential in gum,…

Chocolate confectionery is achieving positive value gains in Indonesia, thanks to high unit prices, with retail volume also in small positive retail growth. The high unit prices in chocolate confectionery are attributed to the high costs of cocoa,…

Probiotics and botanicals are rising “super ingredients”, with potential to propel health and wellness proposition of packaged food in Asia. The role of fermentation and cultured foods in Asia is helping to increase the acceptance of probiotics in…

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…

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…