Sweets Stats Are for Sharing
Published in CSP Daily News
NCA reveals 2012 trends at Sweets & Snacks Expo
CHICAGO-- Fun fruits and shared sweets, foreign flavors and healthy snacks are emerging as the 2012 trends to meet the ever-evolving appetites of consumers, the National Confectioners Association (NCA) revealed at the 2012 Sweets & Snacks Expo in Chicago this week. It features new products from more than 560 companies leading the industry with the new flavors that meet consumers' tastes.
"Trends in confectionery and snacks for 2012 are pushing new boundaries. As consumer palates become more complex, flavor profiles across the industry are doing the same," said Larry Graham, president of the NCA. "People are looking beyond borders and convention for what's next; whether its crunchy snacks with Asian or Mediterranean influences, the growing popularity of all things salty and sweet, or tropical fruit flavors such as mango."
Top Consumer Snack Trends 2012:
- Sweets Are for Sharing. Consumers celebrate "sweet" moments in life by indulging in affordable treats. "Share bags"--standup bags to share with family and friends and informally gift to others and theater boxes have increased in popularity and are becoming more widely available at retail.
- Perfect Pairings: Sweet & Salty. The popular pairing of "salty and sweet" remains an American favorite. This year there are a variety of new products with this flavor coupling, from milk chocolate-covered raisins and peanuts to cinnamon sugar popcorn, chocolate-covered pretzels, potato chips and more.
- Flavors Beyond Borders. Snacks with Middle Eastern, Asian and Mediterranean-influenced flavors are popping up on store shelves. A number of snacks coming to market are based on chickpeas, lentils and seaweed, providing alternative choices to American classics such as potato chips, corn tortilla chips and wheat crackers.
- Mango Mania. A new generation of tropical fruit flavors is appearing on store shelves, with mango leading the way. Pairing mango with pineapple, orange, coconut and strawberry to create new confectionery flavors is gaining popularity, but the tropical fruit is also making its way to the snack aisle, from freeze dried fruits to salsas and more.
- Packing a Healthy Punch. Healthy snacking continues to gain momentum this year. The top growing snack item is nutritional health bars (Based on SymphonyIRI 52 weeks ending March 18, 2012) and many new snacks provide a variety of health advantages. Whether gluten-free, all-natural, made from whole grains, or including B vitamins and antioxidants, there's no doubt consumers can find a snack packing the healthy punch they want.
State of the Industry
Despite a difficult economy, consumer dollars spent on confectionery products at retail continue to rise:
- The confectionery industry contributes more than $32 billion (NCA estimate) to U.S. retail sales and employs more than 70,000 workers.
- Confectionery retail sales have grown steadily since 2007, increasing from $27.4 billion to $32.1 billion in 2011 (NCA estimate).
- Valentine's Day confectionery sales totaled $972 million; Easter totaled $2.107 billion and Halloween brought in $2.356 billion. Winter holiday sales totaled $1.49 billion.
Confectionery (chocolate, candy and gum) ranks as the fourth largest product category in overall food sales and is ranked first when combined with other types of snacks like savory treats and cookies (SymphonyIRI). These combined snack categories saw retail sales increase a total of 4.7% in 2011 (SymphonyIRI). At $80 billion, sweets and snacks account for about 10% of total store sales, NCA estimated.
Industry Reports on 2011 Product Announcements and Sales
In 2011, thousands of new confectionery and snack products debuted to meet consumer demand. These included 1,563 new confectionery products:
- Chocolate: 895
- Sugar Confectionery (non-chocolate): 512
- Gum: 156
And 3,231 new snack, cookie and cracker products:
- Cookies: 634
- Crackers: 287
- Potato chips: 382
- Popcorn: 114
- Nuts and seeds: 461
- Cereal bars: 357
- Other savory snacks (pretzels, tortilla chips, puffed snacks, fruit snacks, meat snacks, etc.): 844.
- Processed Snacks (tortilla chips, corn chips, other non-potato chips): 152
(Datamonitor's Product Launch Analytics online database of new U.S. products SKUs 2011)