Between 2010 and 2019, the price per unit of Gums, Fruit Jellies, and Fruit Pastes in the UK experienced fluctuations, peaking in 2014 at 5.05 Euros per kilogram and reaching a low in 2019 at 4.45 Euros per kilogram. Over this decade, the market witnessed relative volatility rather than a steady trend. The compound annual growth rate (CAGR) for the period from 2015 to 2019 was negative, indicating a decline in pricing power or possible cost efficiencies being realized.
Future trends to watch for:
- The impact of inflationary pressures on pricing within the UK post-Brexit economy.
- Consumer demand shifts towards healthier snacking options influencing product formulation and pricing.
- Potential fluctuations due to changes in import tariffs and supply chain dynamics.