Snacks

The trading environment is expected to more positive in 2022, with current value sales increasing and volume sales increasing marginally, after both value and volume sales decline in 2021. However, inflation is expected to dampen volume growth…

In 2022, the situation has improved drastically in regards to the COVID-19 pandemic as the government of Qatar has eased most of its pandemic-related restrictions. This has increased both socialising and tourism, both of which boosts demand. The…

Economic growth and an expanding urban middle class supported strong growth in sales of snacks for much of the review period, although low disposable incomes in rural areas hinder demand and many consumers save their money for basic essentials. Since…

While many other countries opened up after strict COVID-19 restrictions in 2021, the Omicron wave in Australia, which emerged in early 2022, meant that certain restrictions remained in place during the initial months of the year. The pandemic has…

Ecuador implemented a very successful COVID-19 vaccination campaign that allowed the country to return to relative normality by the end of 2021. The re-opening of classes back inside schools occurred during the last quarter of 2021 has been hugely…

The local market is experiencing significant price increases in 2022. Gas prices continue to rise, and 2022 started with a 5.7% increase in the cost of electricity. Due to supply chain issues, high transport costs, increases in the price of raw…

As Greece emerges from the pandemic with eased restrictions, consumers return to socialising and school and work outside of the home, reshaping growth patterns within snacks. Impulse purchases and on-the-go consumption are rising, and at-home…

The COVID-19 pandemic lasted much longer than many expected, extending well into 2022, resulting in prolonged home seclusion in Canada. One implication is the home snacking trend that surged in 2020, remained constant in 2021 and continues into 2022.…

After a year of strong growth in 2020 due to home seclusion and the desire for indulgence, snacks experienced slower retail volume growth in 2021. In 2020, as consumer mobility decreased, snacking pivoted from being an on-the-go occasion to an…

In 2021, snacks was anticipated to see slower retail current value growth than in 2020, given that at-home consumption was expected to dwindle along with the reopening of the economy and the lifting of movement restrictions. The 2021 performance was…

Snacks, overall, is forecasted to see higher retail volume growth in 2022, compared with 2021. This is partly due to the upward effects of the general slowdown in growth rates during the COVID-19 pandemic in 2020 and 2021. This trend is even more…

Snacks performed well in 2022 despite the impact of the economic crisis, import restrictions and government policies that are unfavourable to local production in some categories. Profit margins are being squeezed by rising raw material costs and…

Western food trends, the entry of more women into the workforce and the expansion of chained supermarkets and hypermarkets supports the popularity of snacks, especially in urban areas. However, high unemployment rates and pre-pandemic economic…

In 2022 snacks is feeling the impact of inflationary pressures resulting from the global supply chain crisis and scarcity of raw materials. The upshot is increased costs passed onto the consumer through raised unit prices and thus strong current…

Over 2022, snacks categories, with the exception of gum, are projected to exceed or return close to retail volume and current value sales levels registered in 2019, prior to the outbreak of the Coronavirus (COVID-19) pandemic in Bolivia. This…

Full recovery of the snack category is expected in 2022 with an increase in consumption in all categories, driven by the return to face-to-face activities in schools and in many work centres, as well as the development of outdoor activities.…

Saudi Arabia has one of the strongest economies in the world, and the largest in the Middle East. It has become one of the main players in the global economy, supported by “Vision 2030”, an economic and social reform programme that aims to open up…

Sales of snacks continue to grow in 2022 in retail value and volume terms, while foodservice sales are also expected to see an almost full recovery in volume terms by the end of the year. Retail sales of snacks saw a swift recovery in 2021 as…

Demand for snacks remains high among the relatively wealthy population, though growing concern over the country’s high obesity rates are leading more consumers to adopt healthier lifestyles. These trends are increasingly being reflected in consumer…

In 2022, snacks is set to record moderate growth in retail current value terms, driven by higher unit prices. Rising inflation, civil unrest locally and the war in Ukraine have been severely impacting the unit prices of products across snacks. Added…