The chicory market in Slovakia has experienced varying per capita volume over the past decade. From 2013 to 2017, there was a consistent increase, peaking at 0.065 kg per capita in 2017. However, a decline followed, with 2023 recording a volume of 0.043 kg per capita. The last two years show slight declines in per capita volume, indicating stabilization at a lower level. The five-year CAGR exhibits a negative trend, highlighting a chronic reduction in consumption since 2018.
Future trends to watch for:
- Potential product innovations or health trends that could revitalize chicory consumption.
- The impact of shifting consumer preferences towards alternative caffeine-free beverages.
- Economic factors that may influence consumer purchasing power and affect market size upward or downward.