2010
February
SWEET & SAVOURY SNACKS IN FRANCE
According to the latest research from Euromonitor International, retail sales for sweet and savoury snacks in France grew 1% in current value terms in 2009 to reach EUR985 million.
‘Home snacking’ now comprises a part of the daily food expenses for French families. This along with a growing trend towards hosting dinner parties at home boosted sales of sweet and savoury snacks in 2009. As French consumers increasingly felt the effects of the economic crisis, many chose to enjoy a cosy dinner at home with friends, instead of going to a restaurant.
In 2008, private label led value sales in sweet and savoury snacks with a share of nearly 30%, a slight increase over the previous year. Sales by multinationals, including PepsiCo France, Lorenz Snack-World France and Procter & Gamble France, accounted for more than half of the retail value sales in 2008.
Value sales for sweet and savoury snacks are expected to grow slightly faster over the next five years due to the introduction of sophisticated premium products and exotic flavours.
The Chips/crisps sector is likely to continue to see modest constant value growth primarily from the product diversity, which affords a variety of new tastes for every consumer. However, popcorn is expected to again turn in the best performance with constant value sales growth increasing at a CAGR of more than 3%.
To purchase the Sweet and Savoury Snacks in France report from Euromonitor International and benefit from the 15% ESA member discount contact: Mala Patel mala.patel@euromonitor.com , Euromonitor International +44(0)20 7251 8024 x3205.
Website link:
http://www.euromonitor.com/Sweet_And_Savoury_Snacks_in_France?DCMP=AFC-ESA
View all Euromonitor snack report summaries:
www.euromonitor.com/Sweet_And_Savoury_Snacks?DCMP=AFC-ESA
|
