The sugar-coated candies market in Portugal has seen fluctuating growth over the past decade, peaking at 19.508 million Euros in 2019 before steadily declining to 13.686 million Euros in 2023. The recent years have experienced consistent negative year-on-year variations, with 2023 seeing a decrease of 9.52%. The market's Compound Annual Growth Rate (CAGR) from 2018 to 2023 stands at -6.76%. The contraction in market size indicates shifting consumer preferences or economic factors affecting purchasing behavior.

Future trends to consider:

Increasing health consciousness could further impact demand.
Potential growth in sugar-free or low-sugar alternatives.
Innovation in candy offerings to revive consumer interest.
Adapting to regulatory changes and sustainability practices may influence market dynamics.