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Insight of the Day: The rise of 'Summerween' and its impact on the confectionery industry

Findings:

  • "Summerween," a summer-inspired Halloween, has been gaining popularity on social media.

  • The confectionery industry is experiencing growth, with Halloween candy sales playing a significant role.

  • Companies like Hershey are implementing multi-tiered strategies to capitalize on Halloween, including product variety, value-focused offerings, and creative merchandising.

Key Takeaway:

  • The rise of "Summerween" and the continued growth of Halloween candy sales present significant opportunities for the confectionery industry.

Trend:

  • The growing popularity of "Summerween" as a celebration, along with the year-round appeal of Halloween candy.

Consumer Motivation:

  • Desire for fun and festive occasions beyond traditional holidays.

  • Nostalgia for classic candies and snacks.

  • Interest in new and unique flavors.

Driving the Trend:

  • The pandemic's impact on seasonal celebrations and the search for joy in challenging times.

  • The rise of social media and the ability to share and promote trends online.

  • Brands' efforts to reinterpret and revive popular products with a "new-stalgic" twist.

People Referred to in the Article:

  • Carly Schildhaus, director of public affairs and communications, National Confectioners Association (NCA)

  • Heather Seamans, senior manager of fall marketing at The Hershey Company

Description of Consumers, Product, and Age:

  • Consumers: People of all ages who enjoy Halloween and candy, particularly those interested in new flavors and experiences.

  • Product: Chocolate and candy, particularly those associated with Halloween.

  • Age: All ages, but the trend may be particularly appealing to younger generations who are active on social media.

Conclusions:

  • The confectionery industry can leverage the growing popularity of "Summerween" and year-round Halloween candy sales to drive growth.

  • Brands need to focus on offering a variety of products, including new flavors and value-focused options, and creating engaging in-store displays to attract consumers.

Implications for Brands:

  • Develop products that tap into the "Summerween" trend, offering Halloween-inspired flavors and experiences during the summer months.

  • Invest in creative merchandising and eye-catching displays to boost sales.

  • Leverage social media to promote new products and engage with consumers.

  • Offer value-focused options to appeal to budget-conscious shoppers.

Implication for Society:

  • The rise of "Summerween" could lead to more opportunities for celebration and fun throughout the year.

  • It may also contribute to increased candy consumption, potentially impacting public health.

Big Trend Implied:

  • The blurring of seasonal boundaries and the year-round appeal of festive products.

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