The sugar-coated candies market in Denmark exhibited an oscillating trend from 2013 to 2028. From a peak value of 1.9739 million kilograms in 2015, the market saw an initial steady growth, followed by a consistent decline from 2018 onward. By 2023, the market stood at 1.7047 million kilograms, continuing its downward trend with a year-on-year decline of 1.73% and registering a -1.64% CAGR over the last five years.
Forecasts suggest this declining trend will persist, with the market expected to reach 1.5587 million kilograms by 2028, reflecting a forecasted five-year CAGR of -1.43% and an overall forecasted decline of 6.94% from 2024 to 2028.
Future trends to watch for:
- Increasing consumer health awareness impacting demand for sugar-coated candies.
- Potential market shifts towards healthier or alternative candy products.
- Innovations and introduction of new products targeting niche markets or dietary needs.
