The Hard Candies market in Croatia has experienced a consistent decline in market value from 2013 to 2023, ending at 8.84 million Euros in 2023. Year-on-year variations have predominantly reflected negative trends, with the most notable declines occurring between 2019 and 2023, marking a 11.11% drop in 2019. Over five years, the market shows a negative compound annual growth rate (CAGR) of -4.83%, highlighting a substantial drop in market size.
Future trends to watch for:
- Innovations in product offerings and healthier confectionery options might revitalize interest.
- Consumer preferences, shifting towards healthier snacks, could challenge traditional hard candy makers.
- Strategic marketing and broader distribution channels may help counter declining sales.
How does Croatia 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 |
| 7 | 7 Austria | 13,812,000 | 2023 | +4.44% | +0.00072% | View data |
| 8 | 8 Czech Republic | 12,248,000 | 2023 | -1.91% | -1.81% | View data |
| 9 | 9 Croatia | 8,840,100 | 2023 | -2.17% | -4.83% | |
| 10 | 10 Ireland | 8,777,000 | 2023 | -0.39% | +0.68% | View data |
| 11 | 11 Estonia | 4,257,500 | 2023 | -0.33% | +2.2% | View data |
