In the UK, the per capita volume of sugar confectionery containing cocoa is expected to show a steady, gradual increase over the coming years. In 2024, the forecasted figure is 0.47 kilograms per capita, with incremental increases reaching 0.49 kilograms per capita by 2028. In 2023, actual data stood at 0.46 kilograms per capita, indicating moderate growth in consumer demand.
Year-on-year changes reflect slight increases, with a continuous trend observed over the forecast period. The compound annual growth rate (CAGR) for the 2023-2028 period should also represent modest expansion in this category.
Future trends to watch for include:
- Influence of health trends and demand for sugar-reduced options.
- Impact of economic factors on consumer spending in this market.
- Innovation in product offerings related to flavors and ingredients.
- Impact of sustainability and ethical sourcing on purchasing decisions.
