In 2023, Italy led the European toffees, caramels, and similar sweets market, holding the largest value share, despite a slight 2.16% decline. Poland and France followed, with Poland experiencing a 4.13% decrease, whereas France grew by 2.43%, reflecting a positive trend. Romania and Portugal showed modest fluctuations, with Romania experiencing a 1.85% growth and Portugal declining by 1.47%. Smaller markets like Latvia and Ireland had the highest declines at 7.32% and 3.83%, respectively.
Future trends may include an increased focus on premium and health-conscious products, impacting market value shares by country. As consumer preferences evolve, markets may witness new entrants and existing companies adapting to these shifts.
Top countries in Toffees, Caramels and Similar Sweets Market Size Value Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 48.82 | 2023 | +1.56% | -2.16% | View data |
2 | 2 Poland | 19.07 | 2023 | -2.39% | -4.13% | View data |
3 | 3 France | 12.59 | 2023 | -0.43% | +2.43% | View data |
4 | 4 Romania | 3.96 | 2023 | +2.61% | +1.85% | View data |
5 | 5 Sweden | 2.76 | 2023 | +0.63% | +0.23% | View data |
6 | 6 Belgium | 2.31 | 2023 | +0.24% | +1.84% | View data |
7 | 7 Finland | 2.21 | 2023 | +0.64% | +2.33% | View data |
8 | 8 Portugal | 2.2 | 2023 | -0.39% | -1.47% | View data |
9 | 9 Ireland | 1.97 | 2023 | -4.63% | -3.83% | View data |
10 | 10 Croatia | 1.75 | 2023 | +2.79% | +1.84% | View data |