Key Market Indicators
Confectionery consumption is projected to decline in the coming years. By 2028, the market is expected to reach approximately 4.99 million kilograms, down from around 5.16 million kilograms in 2023. This represents an annual decline of 0.5%. The demand for confectionery has been decreasing consistently, with a year-on-year drop of 0.5%. In the European rankings, the United Kingdom, France, and Spain hold the second, third, and fourth positions, respectively, in terms of confectionery consumption.