The sugar confectionery market in Portugal exhibited variability from 2013 to 2023, highlighted by fluctuations such as a significant dip in 2020 and subsequent recovery. The market achieved a valuation of 154.12 million euros in 2023, marking a 3.58% increase from 2022. Over the last two years, the average annual growth (CAGR) was 1.43%, with a five-year period CAGR of 1.43% guiding the market's recovery post the downturn in 2020.
Future trends to watch include consumer preferences for healthier options, potential regulatory changes impacting ingredients, and the impact of sustainability initiatives on production and supply chains in the sugar confectionery sector.
How does Portugal rank in Sugar Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 1,907,600,000 | 2023 | +0.91% | +2.04% | View data |
| 2 | 2 Germany | 1,812,100,000 | 2023 | -1.35% | -4.45% | View data |
| 3 | 3 Italy | 1,389,600,000 | 2023 | -0.29% | -0.4% | View data |
| 4 | 4 France | 1,201,900,000 | 2023 | -1.53% | -1.28% | View data |
| 5 | 5 Spain | 972,420,000 | 2023 | +1.47% | +0.93% | View data |
| 10 | 10 Austria | 177,280,000 | 2023 | +1.61% | -0.36% | View data |
| 11 | 11 Romania | 171,640,000 | 2023 | +2.88% | +2.04% | View data |
| 12 | 12 Portugal | 154,120,000 | 2023 | +3.58% | +1.43% | |
| 13 | 13 Greece | 129,290,000 | 2023 | +0.84% | -0.42% | View data |
| 14 | 14 Croatia | 64,369,000 | 2023 | +2.26% | +2.77% | View data |
