The sugar confectionery market in Lithuania has shown a consistent upward trend from 2013 to 2023, with the per capita consumption increasing from 3.44 kilograms to 4.98 kilograms. The year-on-year growth rate was steady, particularly in 2022-2023, with a modest increase reflecting sustained demand. The compound annual growth rate (CAGR) over the last five years stands at approximately 5%, indicating a stable and gradual growth trajectory in this sector.
Future trends to watch for:
- Increasing health awareness could impact sugar confectionery demand and lead to shifts toward low-sugar and healthier alternatives.
- Innovations in flavors and sustainable packaging could drive consumer interest and engagement.
- Economic factors and disposable income levels might influence purchasing behaviors, especially for premium confectionery products.
How does Lithuania rank in Sugar Confectionery Market Size Volume Per Capita?
# | 18 Countries | Kilograms Per Capita | Last Year | |||
---|---|---|---|---|---|---|
1 | 1 Finland | 8.66 | 2023 | View data | ||
2 | 2 Netherlands | 8.06 | 2023 | View data | ||
3 | 3 Denmark | 7.56 | 2023 | View data | ||
4 | 4 United Kingdom | 5.96 | 2023 | View data | ||
5 | 5 Germany | 5.93 | 2023 | View data | ||
6 | 6 Belgium | 5.02 | 2023 | View data | ||
7 | 7 Lithuania | 4.98 | 2023 | |||
8 | 8 Spain | 4.05 | 2023 | View data | ||
9 | 9 Estonia | 4.01 | 2023 | View data | ||