The hard candies market in Spain has seen a consistent increase in value per capita from €2.19 in 2013 to €3.14 in 2023. Specifically, 2023 recorded a value of €3.14, indicating a robust growth trend over the years. The year-on-year growth from 2022 to 2023 was approximately 2.95%, and the compounded annual growth rate (CAGR) over the last five years is approximately 4.3%. This suggests a healthy and expanding market for hard candies in Spain.
Future trends to watch for include:
- Increased demand for sugar-free and healthier candy alternatives.
- Rising interest in premium and artisanal candy varieties.
- Potential impacts of EU regulations on sugar consumption.
- Influence of shifting consumer behavior towards sustainable packaging.
