The European confectionery market displayed varied growth trends across countries in 2023. Notably, Germany led the market despite experiencing a slight decline of 0.58%, while France and the United Kingdom followed, with minor decreases and increases of -0.27% and 0.46%, respectively. Italy witnessed a significant decline of 3.47%, whereas Romania and Latvia showed robust growth, with increases of 4.02% and 9.77%. Smaller economies like Slovenia and Sweden experienced moderate growth rates.
Looking forward, the European confectionery market is poised for gradual growth, driven by increasing demand for premium products and healthier alternatives. The rising awareness of sustainable sourcing and environmental concerns is likely to shape future trends, along with the ongoing digitalization of retail channels.
Top countries in Confectionery Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.75 | 2023 | -1.68% | -0.58% | View data |
| 2 | 2 France | 18.26 | 2023 | +0.38% | -0.27% | View data |
| 3 | 3 United Kingdom | 17.44 | 2023 | -0.75% | +0.46% | View data |
| 4 | 4 Italy | 11.57 | 2023 | +3.02% | -3.47% | View data |
| 5 | 5 Spain | 10.25 | 2023 | +1.74% | +2% | View data |
| 6 | 6 Finland | 2.42 | 2023 | +0.93% | +1.24% | View data |
| 7 | 7 Denmark | 2.33 | 2023 | +0.42% | +0.6% | View data |
| 8 | 8 Romania | 2.11 | 2023 | +3.35% | +4.02% | View data |
| 9 | 9 Austria | 1.76 | 2023 | +1.56% | +3.03% | View data |
| 10 | 10 Sweden | 1.7 | 2023 | +2.61% | +3.44% | View data |
