Based on the provided data, the per capita raw sugar equivalent market size in Switzerland is forecasted to decline gradually from 2024 to 2028. In 2023, the market stood at a higher level, setting the initial point for this downward trend. Year-on-year, the market is expected to experience small percentage decreases: -0.56% from 2024 to 2025, -0.56% from 2025 to 2026, -0.54% from 2026 to 2027, and -0.55% from 2027 to 2028, resulting in a compound annual growth rate (CAGR) of approximately -0.56% over these five years.
Future trends to watch for include:
- Changes in consumer preferences towards healthier alternatives, potentially accelerating the decline.
- Legislation and policy changes impacting sugar consumption and sugar content in products.
- Market innovations around sugar substitutes impacting sugar demand.
- Macroeconomic factors influencing disposable income and purchasing behaviors related to sweetened products.