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for the Consumer Goods Industry

Unconventional candies thrive amidst challenges, riding on consumer indulgence

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ConsumerGeniuses

In the world of confectionery, unconventional candies like marshmallows, spreads, and interactive novelties are finding their place despite challenges like inflation, supply chain disruptions, and shifting consumer interests. These offbeat categories have sustained robust sales due to constant innovation by producers and the enduring desire for indulgence among consumers. Despite a tough year for marshmallows, with a slight increase in dollar sales (6.9%) and a minor dip in unit sales (0.3%), the vegan marshmallow brand Dandies stood out, achieving a 19.5% sales boost. The carob/yoghurt-coated snack subcategory faced a similar pattern, with dollar sales rising (7.6%) but unit sales dropping (2.3%). Unique non-chocolate novelties experienced a remarkable 40% surge, reaching $774.6 million in sales. Challenges include the shift to online retail hurting brick-and-mortar sales and a lean towards healthier snacking options. Despite inflation, occasional candy purchases persist as consumers seek affordable treats for their families. Producers anticipate the need for ongoing innovation to cater to diverse preferences and ensure continued success.

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