On ice: Easing COVID-19 pandemic-related restrictions have boosted performance Abstract Ice Cream Manufacturing in Australia Companies in the industry manufacture ice cream, sorbet, gelato and frozen confectionery. Ice creams manufactured from non-dairy substances such as soy are excluded...
Sweet treat: Increasing consumer spending and stabilizing input costs are expected to spur industry revenue growth Abstract Ice Cream Production in the US Shifting consumer tastes have hampered the performance of the Ice Cream Production industry during the current five-year period to 2018. In response...
Snacks in Ireland continue to be popular and will perform well in 2021, recording current value sales growth over the previous year. At the beginning of the year the government imposed national lockdowns, and thus encouraged home seclusion, while in the second half of the year the easing of restrictions will be the major influence on sales....
Snacks will continue to grow in India in 2021, seeing relatively few negative impacts from the COVID-19 pandemic. With multiple lockdowns in place during the first half of 2021, consumers spent an extended amount of time in home seclusion. This has led to an increase in the number of eating occasions, with snacking becoming a source of comfort. Snacks...
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 uncertainty hindered consumers from spending on non-essentials, resulting in waning demand before...
With the population of Panama placed on strict lockdown, sales of snacks fell in 2020 as a result of COVID-19, but they are expected to recover in 2021 as consumers return to normal activity outside the home. Once restrictions are lifted, consumers will once again indulge in snacks as these are widely available at low prices and seen as affordable...
Due to an expected easing of COVID-19 restrictions in 2021, the snacks market is set to record positive growth in 2021 after experiencing a contraction in 2020. Nonetheless, poverty and income inequality are being exacerbated by the pandemic with disposable incomes on the decline. As a result, the consumer base for snacks remains small, comprised...
Prior to the onset of the pandemic, retail volume sales of snacks had exhibited strong growth due to the expansion of the country’s middle class, but the economic shock of COVID-19 brought this to a halt during 2020, with ice cream performing particularly badly. Demand for savoury and sweet biscuits proved to be fairly robust, although many...
Sri Lanka has a strong snacking culture and this has been boosted by the outbreak of COVID-19 with consumers forced to spend more time at home during 2020/2021. Despite rising health concerns many people continue to indulge their children with snacks, with many products receiving widespread distribution in both urban and rural areas. While...
Retail volume sales of snacks continued to expand in 2020, in spite of disruption arising from COVID-19, with demand for sweet biscuits and savoury snacks particularly strong. However, retail volume sales of confectionery declined, while those of ice cream were flat because these products are perceived more as indulgences by local consumers....