Germany leads the European market in cocoa, chocolate, and sugar confectionery with a turnover share of 23.74 million euros. The United Kingdom and Italy follow, with shares of 13.65 and 13.31 million euros, respectively. Poland and the Netherlands have shown significant year-on-year growth with increases of 8.48% and 2.16%. Conversely, Lithuania and Cyprus experienced declines, with reductions of 12.88% and 25.13% respectively, indicating market challenges. Over the past five years, the compound annual growth rates emphasize Germany's consistent market expansion and highlight growth opportunities in Poland and Romania.
Future trends to watch for:
- Expansion in Eastern Europe, particularly in Poland, Romania, and Hungary, driven by rising consumer demand.
- Development in sustainable and organic confectionery products as consumer preferences shift toward health-conscious options.
- Technological advancements in manufacturing could enhance productivity and efficiency across Europe.
- Impact of regulatory changes related to sugar content and health labeling could shape market offerings.
Top countries in Cocoa, Chocolate and Sugar Confectionery Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 23.74 | 2023 | +2.05% | +5.4% | View data |
| 2 | 2 United Kingdom | 13.65 | 2023 | +0.92% | +3.82% | View data |
| 3 | 3 Italy | 13.31 | 2023 | +0.0058% | -0.71% | View data |
| 4 | 4 Netherlands | 10.81 | 2023 | +1.81% | +2.16% | View data |
| 5 | 5 Belgium | 10.06 | 2023 | +1.54% | +1.57% | View data |
| 6 | 6 France | 6.35 | 2023 | -7.44% | +0.1% | View data |
| 7 | 7 Poland | 5.54 | 2023 | +1.81% | +8.48% | View data |
| 8 | 8 Spain | 4.98 | 2023 | -1.6% | -1.88% | View data |
| 9 | 9 Sweden | 2.07 | 2023 | +1.3% | +2.45% | View data |
| 10 | 10 Czech Republic | 1.34 | 2023 | +1.18% | +0.18% | View data |
