Key Market Indicators
Confectionery consumption is projected to hit 10.5 million kilograms by 2028, up from approximately 9.7 million kilograms in 2023. This marks an average annual growth rate of 1.3%. In recent years, demand for confectionery has already been on the rise, increasing by 0.6% year-on-year. Among European nations, the United Kingdom, France, and Spain hold the second, third, and fourth spots respectively in terms of confectionery consumption.