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Sugar Confectionery in Hungary

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    Report

  • 22 Pages
  • July 2024
  • Region: Hungary
  • Euromonitor International
  • ID: 1607643
Sugar confectionery in Hungary is set to see a sluggish performance in 2024, continuing the trend of the previous year. While the rate of inflation has fallen significantly, the prices of essential raw materials, such as sugar, continue to rise significantly impacting production costs (and in turn, profit margins) for manufacturers. Within this challenging operating environment, retailers focussed on rationalising their product portfolios in favour of their best-selling lines, as they could not

The Sugar Confectionery in Hungary report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Boiled Sweets, Liquorice, Lollipops, Medicated Confectionery, Mints, Other Sugar Confectionery, Pastilles, Gummies, Jellies and Chews, Toffees, Caramels and Nougat.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Sugar Confectionery market
  • Pinpoint growth sectors and identify factors driving change
  • Understand the competitive environment, the market’s major players and leading brands
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

KEY DATA FINDINGS
2024 DEVELOPMENTS
  • Increasing prices, thanks to rising sugar costs, combined with growing health concerns, continue to impact sales
  • Medicated confectionery remains popular
  • Haribo continues to dominate sales
PROSPECTS AND OPPORTUNITIES
  • Rising levels of health awareness will continue to impact sugar confectionery sales, with a shift towards softer textures
  • Health and wellness trends will drive new developments in functional, fortified, and sugar-free variants
  • Confectionery giant Haribo will continue to hold sway
  • Summary 1 Other Sugar Confectionery by Product Type: 2024
CATEGORY DATA
  • Table 1 Sales of Sugar Confectionery by Category: Volume 2019-2024
  • Table 2 Sales of Sugar Confectionery by Category: Value 2019-2024
  • Table 3 Sales of Sugar Confectionery by Category: % Volume Growth 2019-2024
  • Table 4 Sales of Sugar Confectionery by Category: % Value Growth 2019-2024
  • Table 5 Sales of Pastilles, Gummies, Jellies and Chews by Type: % Value 2019-2024
  • Table 6 NBO Company Shares of Sugar Confectionery: % Value 2020-2024
  • Table 7 LBN Brand Shares of Sugar Confectionery: % Value 2021-2024
  • Table 8 Distribution of Sugar Confectionery by Format: % Value 2019-2024
  • Table 9 Forecast Sales of Sugar Confectionery by Category: Volume 2024-2029
  • Table 10 Forecast Sales of Sugar Confectionery by Category: Value 2024-2029
  • Table 11 Forecast Sales of Sugar Confectionery by Category: % Volume Growth 2024-2029
  • Table 12 Forecast Sales of Sugar Confectionery by Category: % Value Growth 2024-2029
SNACKS IN HUNGARY
EXECUTIVE SUMMARY
  • Snacks in 2024: The big picture
  • Key trends in 2024
  • Competitive Landscape
  • Channel developments
  • What next for snacks?
MARKET DATA
  • Table 13 Sales of Snacks by Category: Volume 2019-2024
  • Table 14 Sales of Snacks by Category: Value 2019-2024
  • Table 15 Sales of Snacks by Category: % Volume Growth 2019-2024
  • Table 16 Sales of Snacks by Category: % Value Growth 2019-2024
  • Table 17 NBO Company Shares of Snacks: % Value 2020-2024
  • Table 18 LBN Brand Shares of Snacks: % Value 2021-2024
  • Table 19 Penetration of Private Label by Category: % Value 2019-2024
  • Table 20 Distribution of Snacks by Format: % Value 2019-2024
  • Table 21 Forecast Sales of Snacks by Category: Volume 2024-2029
  • Table 22 Forecast Sales of Snacks by Category: Value 2024-2029
  • Table 23 Forecast Sales of Snacks by Category: % Volume Growth 2024-2029
  • Table 24 Forecast Sales of Snacks by Category: % Value Growth 2024-2029
DISCLAIMER
SOURCES
  • Summary 2 Research Sources