Key Market Indicators
Confectionery consumption is projected to climb to approximately 501.5 million kilograms by 2028, up from 499 million kilograms in 2023. This marks a modest annual growth rate of 0.1%. Despite this growth, the sector faced a 0.4% decline in demand on a year-over-year basis. In the European market, the United Kingdom, France, and Spain hold the second, third, and fourth positions respectively in terms of confectionery consumption.