Key Market Indicators
Confectionery consumption is projected to drop to approximately 7.8 million kilograms by 2028, down from about 8.7 million kilograms in 2023. This marks an average annual decline of 1.8%. Demand for confectionery has already seen a significant decrease, falling by 5.2% year-over-year. In terms of rankings, the United Kingdom, France, and Spain hold the second, third, and fourth spots respectively in confectionery consumption.