From 2012 to 2014, the Toffees, Caramels, and Similar Sweets market in Italy experienced growth, peaking in 2013. However, from 2015 onwards, the market saw a notable decline, with year-on-year decreases suggesting a downward trend. The period between 2015 and 2022 witnessed a persistent negative trajectory, with the Compound Annual Growth Rate (CAGR) over the last five years reflecting a declining average yearly rate.
Looking ahead into 2024, potential stabilizing factors or innovations could alter this trajectory. The influence of health-conscious consumer trends and changing tastes may shape new opportunities for market recovery or growth in niche segments.
How does Italy rank in Toffees, Caramels and Similar Sweets Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 259,920,000 | 2023 | +1.56% | -2.16% | |
| 2 | 2 Poland | 101,520,000 | 2023 | -2.39% | -4.13% | View data |
| 3 | 3 France | 67,005,000 | 2023 | -0.43% | +2.43% | View data |
| 4 | 4 Romania | 21,091,000 | 2023 | +2.61% | +1.85% | View data |
| 5 | 5 Sweden | 14,691,000 | 2023 | +0.63% | +0.23% | View data |
