The Hard Candies Market in Estonia has shown fluctuating growth over the past decade. In 2023, the market size was 4.2575 million euros. Year-over-year growth rates have varied significantly, with significant increases in 2017 and 2021, while other years like 2014 and 2016 saw declines. The five-year CAGR from 2019 to 2023 was approximately 2.2%, indicating marginal overall growth during this period.
Looking forward, key trends likely to impact the market include:
- Increased consumer preference for healthier alternatives, potentially reducing hard candy consumption.
- The influence of innovative flavors and packaging to attract younger demographics.
- Opportunities in export markets driven by the unique positioning of Estonian brands.
How does Estonia rank in Hard Candies Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 160,580,000 | 2023 | +1.4% | +1.7% | View data |
| 2 | 2 France | 152,890,000 | 2023 | -0.26% | -1.76% | View data |
| 3 | 3 Spain | 144,300,000 | 2023 | +3.02% | +2.83% | View data |
| 4 | 4 Greece | 35,605,000 | 2023 | +0.56% | +0.61% | View data |
| 5 | 5 Portugal | 20,410,000 | 2023 | +1.89% | +0.99% | View data |
| 9 | 9 Croatia | 8,840,100 | 2023 | -2.17% | -4.83% | View data |
| 10 | 10 Ireland | 8,777,000 | 2023 | -0.39% | +0.68% | View data |
| 11 | 11 Estonia | 4,257,500 | 2023 | -0.33% | +2.2% | |
