Over the last decade, the Chocolate Sweet Biscuits market in Denmark has experienced significant fluctuations. In 2012, the market was valued at €35.949 million, growing by 2.31% from the previous year. However, year-on-year contractions followed in several years, with notable declines observed in 2013 (-7.87%), 2017 (-10.11%), and 2016 (-13.19%). A slight recovery was seen in 2014 and 2015. The overall trend from 2012 to 2022 shows a gradual decline with a consistent decrease in values from 2017 onwards, settling at €25.637 million in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at -2.19%, indicating an average annual decrease.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier options and alternatives to traditional sweet biscuits.
- Impact of economic factors and disposable income on consumer spending in the confectionery category.
- Potential for market innovation and new product development to revive interest in chocolate sweet biscuits.
- Influence of sustainability and ethical sourcing on purchasing decisions.
How does Denmark rank in Chocolate Sweet Biscuits Market Size Value?
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,390,300,000 | 2023 | +3% | +2.51% | View data |
| 2 | 2 France | 726,590,000 | 2023 | +2.64% | -0.63% | View data |
| 3 | 3 Spain | 702,380,000 | 2023 | +1.51% | +1.89% | View data |
| 4 | 4 Germany | 435,930,000 | 2023 | -12.14% | -7.56% | View data |
| 5 | 5 Greece | 191,350,000 | 2023 | -0.82% | +4.69% | View data |
| 13 | 13 Finland | 74,511,000 | 2023 | +2.36% | +1.81% | View data |
| 14 | 14 Slovenia | 33,528,000 | 2023 | -0.45% | -0.62% | View data |
| 15 | 15 Denmark | 25,014,000 | 2023 | -2.43% | -2.08% | |
| 16 | 16 Lithuania | 15,474,000 | 2023 | -7.2% | -4.69% | View data |
| 17 | 17 Latvia | 9,599,500 | 2023 | -0.35% | -0.65% | View data |