Analysis of historical data shows the following year-on-year variations in value per capita: 2012: 23.25 EUR, 2013: 17.88 EUR (-23.06%), 2014: 18.79 EUR (+5.09%), 2015: 19 EUR (+1.12%), 2016: 19.77 EUR (+4.05%), 2017: 19.7 EUR (-0.35%), 2018: 20.31 EUR (+3.09%), 2019: 20.92 EUR (+3.00%), 2020: 21.39 EUR (+2.25%), 2021: 22.89 EUR (+7.01%), 2022: 22.49 EUR (-1.75%).
The compound annual growth rate (CAGR) over the last five years is approximately 1.58%. This reflects a relatively stable yet modest growth in the market.
Looking forward, it’s important to observe potential shifts in consumer behavior, particularly due to health trends and increasing preferences for low-sugar or health-conscious snack options. Additionally, economic conditions and potential regulatory changes related to food standards could impact market dynamics.
How does Belgium rank in Non Chocolate Sweet Biscuits Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 29.92 | 2023 | View data | ||
| 2 | 2 Belgium | 23 | 2023 | |||
| 3 | 3 Italy | 20.38 | 2023 | View data | ||
| 4 | 4 Portugal | 19.48 | 2023 | View data | ||
| 5 | 5 Ireland | 19.26 | 2023 | View data | ||
