PROSPECTS AND OPPORTUNITIES
Low-priced variety volume bags will continue to drive growth
As parents will continue to demand convenient and affordable options, retailers are likely to respond by offering an increasing array of low-priced assortment bags containing a variety of sugar confectionery products over the forecast period. These bags provide a hassle-free solution for children’s parties.
Rising demand for flavour variety
Due to the continuous growth of tourism in Costa Rica and consumers becoming increasingly adventurous in terms of tastes, there is growing demand for a wider variety of flavours in sugar confectionery products in the country. While in recent years, there has been a notable increase in Mexican sugar confectionery, other flavours and influences from different countries will be on the rise over the forecast period, including liquorice and anis, as well as sugar confectionery with Middle Eastern flavours such as Halva.
Innovation to offer healthier alternatives to traditional options
As consumers become increasingly concerned about the high sugar content of sugar confectionery, and parents increasingly prioritise their children’s health and well-being, confectionery products that offer healthier alternatives to traditional options are anticipated to become more prevalent over the forecast period. This includes products with a reduced sugar content, and no artificial colourings or chemical ingredients.
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Overview:
Understand the latest market trends and future growth opportunities for the Sugar Confectionery industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sugar Confectionery industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Sugar Confectionery in Costa Rica report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Sugar Confectionery in Costa Rica?
- Which are the leading brands in Sugar Confectionery in Costa Rica?
- How are products distributed in Sugar Confectionery in Costa Rica?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Sugar Confectionery?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Costa Rica?
- How has COVID-19 impacted consumer demand? To what extent have lockdown, home seclusion and stockpiling boosted sales? Will the longer term economic repercussions of the pandemic stimulate or suppress future growth?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Sugar Confectionery in Costa Rica - Category analysis
KEY DATA FINDINGS
Moderate volume growth in 2025
Mondelez´ high-quality Halls has a loyal consumer base
Leading small local grocers now offer wellness products
Low-priced variety volume bags will continue to drive growth
Rising demand for flavour variety
Innovation to offer healthier alternatives to traditional options
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Competitive Landscape
Channel developments
What next for snacks?
DISCLAIMER
The following categories and subcategories are included:
Sugar Confectionery
- Boiled Sweets
- Chewy Candies
- Gummies and Jellies
- Liquorice
- Lollipops
- Medicated Confectionery
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- Power Mints
- Standard Mints
- Toffees, Caramels and Nougat
- Other Sugar Confectionery
Sugar Confectionery
This is the aggregation of mints, boiled sweets, pastilles, gummies, jellies and chews, toffees, caramels, and nougat, medicated confectionery, lollipops, liquorice and other sugar confectionery.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Sugar Confectionery research and analysis database.
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