The sugar confectionery market in France has shown fluctuating trends over the past decade. From a peak market value of 1.505 billion euros in 2013, the market has experienced a general decline, dropping to 1.2205 billion euros by 2022. The year-on-year variations show significant fluctuations, including notable declines in 2014 (-5.85%) and 2015 (-6.88%). The compound annual growth rate (CAGR) for the past five years shows an average yearly contraction of 2.2%, highlighting a consistent downward trend.
Over the last two years, the market value continued its downward trend with a -1.54% decrease in both 2021 and 2022. As of 2023, the market value is positioned around 1.2 billion euros, confirming the ongoing reduction in market size. In analyzing the longer term, the sugar confectionery market has seen a persistent decline, with consumer trends and market dynamics indicating a shift away from traditional sugar confectioneries.
Future trends to watch for include the impact of health-conscious consumer behavior, which could continue to drive the decline in traditional sugar confectionery sales. Additionally, innovations in sugar-free and healthier alternatives could shape market dynamics and potentially open up new growth opportunities. Monitoring regulatory changes regarding sugar content in food products will also be crucial in understanding the market's future trajectory.
How does France rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 6 | 6 Finland | 277,410,000 | 2023 | +0.053% | +0.42% | View data |