Confectionery industry is the second largest in terms of sales in the Russian food market

In March 2023, participants of the business forum "Confex. Confectionery Expertise" learned that by the end of 2022, the confectionery industry is not only the second largest in Russia in terms of sales in the food market, but also the fastest growing FMCG group: +20.2% from January 2022 to January 2023 ↗️

The highest growth rates were noted in the categories of chocolate bars (+34.8%), waffles (+28.2%) and sweet packaged cookies (+25.9%). Chocolate bars remain the leading segment (+18.1%).

In addition, visitors learned that online sales of the largest manufacturers are declining due to increased competition. At the same time, online sales of confectionery products continue to grow (+2%), which gives reason to assume that the direction is promising for manufacturers.

Read more about industry trends in the post-release of the business forum at our website 🔝

We will learn about the new prospects of the confectionery market at the next 4th business forum "Confex. Confectionery expertise" in March 2024. 😉

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