Nielsen confectionery monitor: clear boost in revenues and sales volume

German retail confectionery sales continue to rise. “Due to stabile prices (kg) revenues are precisely as strong as sales (kg)”, report the market researchers from Nielsen in their latest confectionery monitor running through October 2020.
Revenues of € 12.0 bn and sales volume of 1.497 m tonnes indicate a boost in each case of 6.4% (basis: food retailers + drug stores; last accumulated year YTD – week through November 1st, 2020).

Double-digit growth was achieved in the salty snacks category in revenues (+ 12.9%; € 3.1 bn) and sales volume (+ 10.9%; 373,700 t), making it the category profiting most strongly from the unprecedented exceptional situation associated with the Corona pandemic. For the largest product group, chocolate goods, Nielsen calculated a revenue increase of 5.4% up to € 5.3 bn and a rise in sales volume of 5.3% up to 522,300 tonnes.

Baked goods enjoyed above-average growth, with revenues increasing by 8.6% up to € 1.7 bn while sales quantity grew by 8.0% up to 295,500 tonnes. The sugar confectionery category sales decreased somewhat at € 2.0 bn by 1.6% below the previous year‘s level, but sales volume rose by 1.7% up to 305,200 tonnes.

Consumer markets (small + 7.7%; large + 4.6%) and discounters (+ 5.2%) achieved the highest rates of increase in confectionery revenues in a comparison of the various sales channels. Only small supermarkets experienced a loss with a decrease of 5.9%.

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