Confections and snacks often share usage occasions, but one thing they do not share is rosy growth prospects. While confectionery has struggled, snacks have gained. In 2017, some confectionery giants appeared to recognize that the “grass is greener” in snacks.
Confectionery makers have felt the heat with rising public concern over public health issues such as obesity, diabetes, and heart disease. Government regulation is a looming threat, especially with soft drink taxes proliferating. Confectionery could be next.