The Croatian glucose and glucose syrup market recorded a slight decline in value per capita in recent years, standing at €5.10 in 2023. From 2013 to 2023, the market experienced fluctuations with a notable high in 2014 at €6.32. However, between 2022 and 2023, there was a minor decline of about 1%. The overall five-year CAGR from 2019 to 2023 is slightly negative, reflecting a downtrend. Monitoring these trends provides insight into market volatility and consumer behavior over time.
Future trends to watch for include:
- Potential impacts of health trends emphasizing low sugar consumption.
- Technological advancements in production affecting cost dynamics.
- The influence of regulatory changes on glucose product formulations.
- Shifts in consumer preferences towards alternative sweeteners.