The Toffees, Caramels, and Similar Sweets market in Italy has seen a continuous decline in per capita value over the years, with the figure standing at 3.63 Euros in 2023. From 2013 to 2023, the market value per capita decreased steadily, highlighting a downward trend. In the last two years, the year-on-year decrease was approximately 3.13% on average. From 2019 to 2023, the compound annual growth rate (CAGR) was around -4.68% per annum, reflecting a persistent reduction over the five-year span.
Future trends to watch for include:
- A shift towards healthier sweet alternatives which could further impact conventional sweets market growth.
- Innovations in the product line to meet changing consumer preferences, potentially stabilizing or reviving the market.
- Impact of significant economic changes or policy reforms on consumer spending in confectionery products.
How does Italy rank in Toffees, Caramels and Similar Sweets Market Size Value Per Capita?
| # | 13 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Estonia | 3.89 | 2023 | View data | ||
| 2 | 2 Italy | 3.63 | 2023 | |||
| 3 | 3 Poland | 2.49 | 2023 | View data | ||
| 4 | 4 Croatia | 2.27 | 2023 | View data | ||
| 5 | 5 Ireland | 2.19 | 2023 | View data | ||
