In 2023, the Sugar Confectionery Market size value per capita in the UK stood at €28.36. From 2024 to 2028, the forecasted data shows a steady incremental rise year-on-year, reaching up to €29.03 by 2028. The year-on-year growth rates indicate a consistent upward trend with minor variations:
- 2024 to 2025: +0.6%
- 2025 to 2026: +0.6%
- 2026 to 2027: +0.6%
- 2027 to 2028: +0.5%
Over the forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 0.59%. This reflects a stable and predictable market environment for sugar confectionery in the UK.
Future trends to watch for include potential shifts in consumer preferences towards healthier confectionery options, changes in regulatory policies impacting sugar content, and economic factors that could influence disposable income and spending on non-essential goods.