In 2023, the sugar confectionery containing cocoa market size value per capita in Austria was recorded at 2.26 Euros. As we look ahead from 2024 to 2028, we see a projected steady increase. For 2024, the value per capita is forecasted to be 2.27 Euros, modestly increasing to 2.3 Euros by 2028. The year-on-year variations show minimal growth, with an average annual increase of approximately 0.18% over the five-year period, indicating a stable market.
Future trends to watch for include:
- Increased consumer demand for premium and artisanal confectionery products containing cocoa.
- Potential shifts towards healthier alternatives and low-sugar offerings.
- Impact of economic factors such as inflation and disposable income on consumer spending.
- Emergence of sustainable and ethical cocoa sourcing affecting market dynamics.