Based on the provided forecast for the sugar confectionery market in Spain, the volume per capita in 2023 stood at approximately 4.04 kilograms. From 2024 onwards, the projection illustrates a steady year-on-year increase in volume per capita: 1.71% for 2024, 1.70% for 2025, 1.44% for 2026, 1.42% for 2027, and 1.40% for 2028. Over the five-year period, the compound annual growth rate (CAGR) is calculated to be around 1.57%.
Future trends to watch for include potential shifts in consumer preferences driven by health consciousness, the impact of regulatory changes targeting sugar consumption, and innovations in sugar-free and low-calorie confectionery products. Global economic conditions and changes in raw material prices could also influence market dynamics significantly.
