In 2023, Spain led the European wholesale sugar confectionery pastes market with a value of €363.73 million, showing a slight increase of 0.19% from the previous year. Germany and the UK followed, with Germany experiencing a decrease of 6.26% to €191.63 million and the UK an increase of 0.61% to €166.25 million. The Netherlands saw a marginal decline of 0.99%, and France continued its downward trend with a decrease of 3.43%. Austria and Greece also declined, with reductions of 1.75% and an increase of 0.38% respectively. Denmark saw only a slight rise of 0.043%.
Future trends to watch include increased demand for healthier and more sustainable confectionery options, potentially shifting market dynamics. Innovations in product offerings and regional economic conditions will play pivotal roles in determining market shifts across countries. Attention towards sustainable sourcing and production processes may also impact future market values positively or negatively.
Top countries in Wholesale Sugar Confectionery Pastes Market Size Value by Country
| # | 8 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 363,730,000 | 2023 | +1.18% | +0.19% | View data |
| 2 | 2 Germany | 191,630,000 | 2023 | -0.78% | -6.26% | View data |
| 3 | 3 United Kingdom | 166,250,000 | 2023 | +0.4% | +0.61% | View data |
| 4 | 4 Netherlands | 66,381,000 | 2023 | +0.99% | -0.99% | View data |
| 5 | 5 Denmark | 23,017,000 | 2023 | +1.13% | +0.043% | View data |
| 6 | 6 France | 18,926,000 | 2023 | -3.44% | -3.43% | View data |
| 7 | 7 Austria | 10,167,000 | 2023 | +0.22% | -1.75% | View data |
| 8 | 8 Greece | 3,875,800 | 2023 | +5.09% | +0.38% | View data |
