The sugar confectionery market in Spain has shown fluctuating yet generally increasing value per capita over the past decade. From a low of 16.47 Euros per capita in 2014, the market has risen steadily to reach 20.87 Euros per capita by 2022. The year-on-year increase for 2022 stood at approximately 0.43%. For the two-year period from 2021 to 2022, the market experienced a moderate growth of roughly 3.24%. Over the last five years, the compound annual growth rate (CAGR) averaged about 1.15% per year, indicating a generally healthy, albeit slow, growth in consumer spending on sugar confectionery.
Future trends to watch for include a potential shift towards healthier alternatives as consumer awareness about sugar consumption rises. Innovations in low-sugar and natural ingredient products may gain market share, affecting overall market dynamics. Additionally, economic factors such as inflation and disposable income levels will also impact consumer spending patterns in the sugar confectionery market.
How does Spain rank in Sugar Confectionery Market Size Value Per Capita?
| # | 18 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 51.06 | 2023 | View data | ||
| 2 | 2 Denmark | 40.81 | 2023 | View data | ||
| 3 | 3 Estonia | 28.59 | 2023 | View data | ||
| 4 | 4 United Kingdom | 28.18 | 2023 | View data | ||
| 5 | 5 Italy | 23.19 | 2023 | View data | ||
| 6 | 6 Spain | 21.21 | 2023 | |||
| 7 | 7 Germany | 21.02 | 2023 | View data | ||
| 8 | 8 Sweden | 19.19 | 2023 | View data | ||
