The sugar confectionery market in Portugal saw fluctuations between 2013 and 2023. In 2023, the market stood at 41.921 million kilograms. The market experienced a significant growth leap in 2015, followed by a period of stability and a slight decline in 2020. Post-2020, the market began to recover, with a 4.75% increase in 2022 and a modest 2.06% growth in 2023. The compound annual growth rate (CAGR) from 2018 to 2023 is noted at 1.47%, reflecting a stable but slow upward trend.
Future trends to watch for:
- Increasing health consciousness may drive demand for sugar-free alternatives.
- Sustainability practices and eco-friendly packaging could influence market growth.
- Innovation in product offerings, including exotic flavors and textures, may attract new consumer segments.
How does Portugal rank in Sugar Confectionery Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 498,970,000 | 2023 | +0.1% | -0.38% | View data |
| 2 | 2 United Kingdom | 403,890,000 | 2023 | +0.63% | +1.22% | View data |
| 3 | 3 France | 212,400,000 | 2023 | -0.47% | -1.18% | View data |
| 4 | 4 Spain | 187,490,000 | 2023 | +1.49% | +0.78% | View data |
| 5 | 5 Italy | 171,120,000 | 2023 | +0.22% | +0.86% | View data |
| 8 | 8 Finland | 47,656,000 | 2023 | +0.85% | +1.81% | View data |
| 9 | 9 Denmark | 43,924,000 | 2023 | +0.99% | +0.56% | View data |
| 10 | 10 Portugal | 41,921,000 | 2023 | +2.06% | +1.47% | |
| 11 | 11 Romania | 40,916,000 | 2023 | +1.37% | -1.26% | View data |
| 12 | 12 Sweden | 39,805,000 | 2023 | +2.2% | -3.37% | View data |
