In 2023, Italy dominated the European market for toffees and similar sweets, contributing 39.96% of production, despite an 11.14% year-on-year decrease. Germany followed with 24.54%, showing a slight increase of 2.19%. Poland's share decreased by 4.23% to 13.91%, while the UK saw a growth of 2.71% reaching 10.78%. France, Spain, and Portugal combined held roughly 3.69%. Despite notable growth in Denmark (25.24%) and Finland (11.62%), their shares remained small. The Central and Eastern European countries varied, with some showing small increases, such as Portugal (3.7%) and Serbia (3.31%).
Looking forward, the European toffees and similar sweets market is expected to see continued shifts in production shares, especially with interest in sustainable and innovative confectionery growing. Countries focusing on sustainable practices and healthier confectionery options might experience increased demand. Monitoring consumer trends towards healthier or functional sweets will also be crucial, as shifting consumer preferences could alter market dynamics.
Top countries in Sold Production of Toffees, Caramels and Similar Sweets Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 39.96 | 2023 | +18.12% | -11.14% | View data |
2 | 2 Germany | 24.54 | 2023 | +1.72% | +2.19% | View data |
3 | 3 Poland | 13.91 | 2023 | -1.82% | -4.23% | View data |
4 | 4 United Kingdom | 10.78 | 2023 | +0.23% | +2.71% | View data |
5 | 5 France | 1.57 | 2021 | -3.2% | View data | |
6 | 6 Spain | 1.09 | 2023 | +5.86% | -0.24% | View data |
7 | 7 Portugal | 1.03 | 2023 | +10.49% | +3.7% | View data |
8 | 8 Serbia | 0.97 | 2023 | +3.5% | +3.31% | View data |
9 | 9 Croatia | 0.59 | 2023 | -2.37% | -1.17% | View data |
10 | 10 Romania | 0.27 | 2023 | -20.75% | -16.52% | View data |