Circana: confectionery price levels rising

 

The result for this product group is revenue growth of 19.3% up to € 1.74 bn, accompanied by a decline in sales volume of 2.4%. And the overall confectionery revenue growth of 13.0% is also driven by prices, with mildly diminishing volume. Sales of year-round articles remained even with revenue growth of 14.2%, while providers of seasonal articles were only able to slightly compensate for a clear decline in volume of 8.7% with revenue growth of 1.6%.

Following a light collapse during the same period in the previous year, salty snacks have made a strong return to success with an increase in sales volume of 1.1% and revenue growth of 17.0%. The sugar confectionery segment also registered increases in both volume and value, while sales volume demonstrated a positive trend in every segment except fruit and wine gums/liquorice/marshmallows. The strongest performance here came from hard candies (+ 7.4%; + 17.7%) and chewable candies (+ 6.4%; + 14.6%).

Chocolate products, the largest category with revenues of € 3.6 bn, demonstrated below-average revenue growth with an increase of 7.2%, which is also attributable to the small increase in price (+ 8.3%).