As of 2023, the sold production volume of compressed tablets of sugar confectionery in the UK stood at 24.3 million kilograms. Forecasted data from 2024 to 2028 indicate a steady increase in production volume, with annual growth rates slightly varying but generally remaining positive. The average compound annual growth rate (CAGR) is expected to be modest over this five-year period, highlighting a gradual upward trend in production.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier or alternative sweets, impacting demand.
- The influence of economic factors and changes in input costs on production volumes.
- Technological advancements in production efficiency or product innovation in the confectionery sector.