The Portuguese confectionery market experienced varied growth patterns over the past decade. From 2013 to 2023, the market saw generally positive yet fluctuating growth, with notable declines in 2020 and 2021 likely due to global disruptions. By 2023, the market reached €518.9 million, reflecting a gradual resurgence with a 2.7% year-on-year growth. The five-year CAGR from 2018 to 2023 was 1.64%, indicating moderate, stable growth beyond the 2020 dip.
Future trends to watch for include:
- Shifts towards healthier alternatives in confectionery.
- Rising demand for premium and artisanal products.
- Integration of sustainability practices in production and packaging.
- Increased interest in local flavors and niche markets.
How does Portugal rank in Confectionery Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 8,641,400,000 | 2023 | -1.68% | -0.58% | View data |
| 2 | 2 France | 6,374,900,000 | 2023 | +0.38% | -0.27% | View data |
| 3 | 3 United Kingdom | 6,088,300,000 | 2023 | -0.75% | +0.46% | View data |
| 4 | 4 Italy | 4,039,100,000 | 2023 | +3.02% | -3.47% | View data |
| 5 | 5 Spain | 3,579,100,000 | 2023 | +1.74% | +2% | View data |
| 11 | 11 Greece | 540,070,000 | 2023 | +0.18% | -0.3% | View data |
| 12 | 12 Czech Republic | 539,400,000 | 2023 | +5.02% | +2.53% | View data |
| 13 | 13 Portugal | 518,900,000 | 2023 | +2.7% | +1.64% | |
| 14 | 14 Hungary | 386,000,000 | 2023 | +2.58% | -1.9% | View data |
| 15 | 15 Croatia | 247,270,000 | 2023 | +0.99% | +0.16% | View data |
