Recent financial reports show that sweet sales in the UK are seeing a boom, even in spite of economic instability and inflation. Let’s take a look at why this might be.
History of sweets in the UK
Eating sweet food has been ingrained in British society for centuries. From honey-dipped fruits to preserves, early forms of sweets have been popular in the UK since the Middle Ages. By the late Middle Ages, marzipan had also been introduced, which continued to grow in popularity throughout the Tudor times. However, the earliest versions of modern sweets came in 1760, when George Dunhill added sugar to medicinal liquorice.
After the Industrial Revolution, sweets were able to be mass-produced, which also made the confectionery more accessible to the wider public. Since then, many British brands have become household names, such as Fry’s, Terry’s, Cadbury’s, and Rowntree’s. Over the decades, this confectionery has become part of modern British society, inspiring music, holiday traditions, TV shows, a dedicated week on the Great British Bakeoff, and even online casino games. In fact, not only have sweet sales themselves increased dramatically, demand for sweet-themed games have also grown year on year – players with a sweet tooth can play Sweet Bonanza and other sugary games at Paddy Power, collecting fruit-flavoured pastilles and vibrantly coloured boiled sweets, just like you’d find in an old-fashioned sweet shop.
Oldest sweet shop in world reports boost in sales
Ben Howie, owner of the Guinness world record-holding establishment in Pateley Bridge, has reported a boom in sales over the past year, according to the BBC. This is despite the economic turmoil of recent years, which forced many sweet shops to heavily invest in online services in order to weather the storm. The shop, which has been trading from the same location since 1827, has reported a 15% rise in the volume of sales compared to the same time in 2019. At the same time, the UK has seen a rise in the cost of living and inflation, the latter of which reached a record high of 11.10% in late 2022.
In the face of consistent inflation, Howie, like other confectioners, has tried to keep prices as low as possible, swallowing as much of the cost increases internally. However, sweets at the store have recently increased from £1.45 to £1.60 per quarter, which does not seem to have dampened the soaring sales at what National Geographic names as one of the best traditional sweet shops in the UK.
The Bakers and Confectioners Association have suggested that the reason why Howie and other sweet shops have done well in such difficult economic times is due to how sweets feel like a treat, but are still more affordable than, for example, going out for a meal. With this in mind, it looks as though more Brits are turning to sweets as a means to cheer themselves up – or as a present for friends and family – which is causing a rise in the popularity and sales of such confectionery.
Overall, the increasing demand for sweets – and sweet-themed media, for that matter – shows that Britain still has a sweet tooth even in times of economic instability and uncertainty, causing the confectionery industry to continue growing against all odds, when others have plateaued or plummeted.
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