The Spanish confectionery industry resists 2020 although with uneven results between its categories

Published 2021년 10월 8일

Tridge summary

The Spanish Sweet Association's Annual Report for 2020 highlights a slight growth of 2% in the sweet industry, with a turnover approaching 6,000 million, and a minimal decrease in employment. The pandemic has led to varying trends across different categories, with candy and chewing gum seeing a 26.1% drop in domestic consumption. Exports played a significant role, with one-third of the total production being sold abroad, primarily to Europe, France, and Portugal, and for the first time, the United States. The industry also focused on innovation and product redesign to cater to new consumption habits and sustainability commitments.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Spanish Sweet Association (PRODULCE), representative of cocoa and chocolate manufacturers; candy and gum; biscuits; pastry, pastries and bakery, and nougat and marzipan, has presented its Annual Report that analyzes the results of the sweet industry in our country during 2020. The main conclusion is that the sector is resisting the impact of the pandemic with a slight growth of 2 %, approaching 6,000 million in turnover and keeping employment practically unchanged (-0.4%). Perimeter closures, teleworking and, in short, the change in the social-family paradigm with greater consumption at home, are presented as decisive factors for the sweet sector during 2020. In this context, the sector shows a very different behavior for each of its categories with a result especially conditioned by mobility restrictions, for example the candy and chewing gum industry has assumed a drop in its consumption in the domestic market of 26, 1%. The main turnover figures have been: "The food ...
Source: Castilla

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