Key Market Indicators
Confectionery consumption is projected to hit nearly 28.7 million kilograms by 2028, up from approximately 25.5 million kilograms in 2023. This represents a compound annual growth rate (CAGR) of 1.9%. Demand for confectionery has already shown a notable increase, rising by 1.2% year on year. Among European nations, the United Kingdom, France, and Spain have emerged as key players, ranking second, third, and fourth, respectively, in terms of confectionery consumption.