The forecast for the production of cocoa, chocolate, and sugar confectionery in the UK shows a downward trend. Starting from 2.1213 billion euros in 2024, the production value is expected to decrease consistently each year, reaching 1.7844 billion euros by 2028. This represents a noticeable decline in the market, with year-on-year decreases highlighting a negative trajectory. Compared to 2023, where the actual production stood at a higher undisclosed value, the decline is evident. Over the five-year period, the compound annual growth rate (CAGR) signals a steady reduction in production output.
Future trends to watch include potential impacts from changing consumer preferences towards healthier options, the influence of regulatory shifts on sugar content, and the economic effects of global trade policies. Monitoring these factors is essential for stakeholders looking to navigate the shifting landscape of the confectionery market in the UK.
