In 2023, the Hard Candies Market Size Volume in Spain stood at 27.443 million kilograms. Over the previous year, there was an increase of 1.61%, showcasing a consistent, albeit modest, upward trend. The recent five-year Compound Annual Growth Rate (CAGR) was 0.86%, indicating a slow but steady market expansion. Over the last decade, the market showed variability, with peaks like the 12.12% jump in 2016, and troughs such as the 4.12% decline in 2020. The overall trend points towards gradual growth with intermittent fluctuations.
Future trends to watch for include potential market stabilizations as the industry matures. Additionally, innovations in product offerings, healthier ingredient alternatives, and shifting consumer preferences may impact market volumes. Monitoring economic factors and consumer sentiment will be key to anticipating further changes in demand for hard candies.
How does Spain rank in Hard Candies Market Size Volume?
# | 13 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 37,837,000 | 2023 | +0.82% | +0.44% | View data |
2 | 2 Spain | 27,443,000 | 2023 | +1.61% | +0.86% | |
3 | 3 France | 23,823,000 | 2023 | -0.59% | -2.25% | View data |
4 | 4 Poland | 10,120,000 | 2023 | -2.94% | -1.08% | View data |
5 | 5 Portugal | 4,377,500 | 2023 | +2.94% | +1.79% | View data |