Key Market Indicators
Confectionery consumption is projected to climb to approximately 43.6 million kilograms by 2028, up from around 40.9 million kilograms in 2023. This marks an annual compound growth rate (CAGR) of 1%. Despite this expected growth, the demand for confectionery products experienced a 1.3% decline in the past year. In terms of rankings, the United Kingdom, France, and Spain hold the second, third, and fourth positions, respectively, in the European confectionery market.
