This report looks into trends affecting the snacks and confectionery market around the world.
Sales of snacks and confectionery globally have been rising since 2019 and are only expected to increase, showcasing the sector's resilience in the face of "black swan" events such as the pandemic.
Sales of snacks and confectionery globally have been rising since 2019 and are only expected to increase, showcasing the sector's resilience in the face of "black swan" events such as the pandemic.
Scope
- The total market value of savory snacks, confectionery, and cookies (sweet biscuits) was $514.9 billion in 2024.
- The sector shows overall resilience to major market disruptions such as the COVID-19 pandemic and the cost-of-living crisis.
- However, with further challenges on the horizon, including increased public health regulation, the rise of GLP-1 drugs, and volatile raw ingredient pricing, the industry will face pressures on sales.
Reasons to Buy
- Gain insight into the latest consumer sentiment toward snacks .
- Identify the key target audience for snacks.
- Understand overarching trends within snacks and how to utilize them.
- Plan for the future with expectations about the growth of snacks.
Table of Contents
- Global Overview
- Regional Overview
- Inflation and Consumer Spending
- Takeaways
- Retail Trends
- Appendix
