The hard candies market in France experienced fluctuating growth between 2013 and 2023. Initially, the market saw some positive growth years, peaking in 2018 with a year-on-year growth of 6.99%. However, it faced a significant decline in 2019, with a shrinkage of 9.8%. This was followed by relatively stable years with minor fluctuations around 153 million euros in 2020-2023. Year-on-year variations over the last two years indicate a slight downward trend of about -0.27% and -0.26%. The CAGR over the last five years stands at -1.76%, showing an average annual decline.
Future trends to watch for include potential shifts towards healthier and more natural sweet options, as well as innovation in flavors and formats. Additionally, the economic impacts of inflation and changes in consumer disposable income will be crucial in assessing market performance. Digital marketing and e-commerce growth could also drive market penetration and brand engagement.
How does France rank in Hard Candies Market Size Value?
# | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 160,580,000 | 2023 | +1.4% | +1.7% | View data |
2 | 2 France | 152,890,000 | 2023 | -0.26% | -1.76% | |
3 | 3 Spain | 144,300,000 | 2023 | +3.02% | +2.83% | View data |
4 | 4 Greece | 35,605,000 | 2023 | +0.56% | +0.61% | View data |
5 | 5 Portugal | 20,410,000 | 2023 | +1.89% | +0.99% | View data |