The market for toffees, caramels, and similar sweets in Portugal showed notable fluctuations over the past decade, reaching 2.5385 million kilograms in volume by 2023. From 2013 to 2015, the market saw a gradual decline in volume. A sharp increase occurred in 2016, followed by smaller variations and gradual declines into 2021. However, there has been a subtle recovery since 2022 with slight year-on-year growth, ending 2023 with a positive trend.
Key future trends to watch for include:
- Growing consumer interest in healthier alternatives affecting demand.
- Innovation in flavors and packaging to boost market appeal.
- Potential impact of economic factors on consumer spending and market volumes.
- Rise in online sales channels altering traditional distribution strategies.
How does Portugal rank in Toffees, Caramels and Similar Sweets Market Size Volume?
| # | 15 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 44,921,000 | 2023 | -0.4% | +0.42% | View data |
| 2 | 2 Italy | 38,767,000 | 2023 | +0.85% | +0.37% | View data |
| 3 | 3 Poland | 22,360,000 | 2023 | -5.17% | -3.62% | View data |
| 4 | 4 Germany | 9,941,600 | 2023 | -4.92% | -4.51% | View data |
| 5 | 5 France | 6,372,400 | 2023 | -3.99% | -4.38% | View data |
| 6 | 6 Romania | 4,024,800 | 2023 | -1.11% | -2.76% | View data |
| 7 | 7 Sweden | 3,464,600 | 2023 | -2.17% | -1.68% | View data |
| 8 | 8 Portugal | 2,538,500 | 2023 | +0.74% | -0.92% | |
| 9 | 9 Hungary | 1,871,800 | 2023 | +4.03% | -1.38% | View data |
| 10 | 10 Lithuania | 1,514,700 | 2023 | -1.93% | -4.41% | View data |
