In 2023, the production of not filled chocolate confectionery in the UK stood at 34.428 million kilograms. The forecast for 2024 predicts a production of 33.998 million kilograms, declining by 1.25%. A continued decrease is observed, with the values falling to 32.382 million kilograms by 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -1.50%, indicating a consistent downward trend in production over this period.
Future trends to watch for include:
- Potential shifts in consumer preferences impacting demand.
- Possible influence of health trends on chocolate consumption.
- Changes in trade and export policies post-Brexit affecting production.
- Innovations in chocolate formulations and packaging that could revive interest.
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