The sugar confectionery market in Denmark has demonstrated fluctuations over the last decade. From 2012 to 2022, the market observed peaks and troughs with a notable dip in 2013 followed by diverse growth rates. The market showed significant growth in 2014 with a 10.73% year-on-year increase and a subsequent decline in 2015. The highest volume was recorded in 2020, reaching 44.288 million kilograms, driven by a year-on-year growth of 6.44%. Although the market faced a slight decline in 2021, the average annual growth rate (CAGR) over the last five years has been positive, standing at 1.67% by 2022.
Future trends to watch for include potential market expansion due to rising health consciousness, innovations in low-sugar and sugar-free products, and the impact of economic factors such as disposable income and inflation on consumer spending. Additionally, sustainability and ethically sourced ingredients are likely to shape consumer preferences in the confectionery market.
How does Denmark rank in Sugar Confectionery Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 498,970,000 | 2023 | +0.1% | -0.38% | View data |
| 2 | 2 United Kingdom | 403,890,000 | 2023 | +0.63% | +1.22% | View data |
| 3 | 3 France | 212,400,000 | 2023 | -0.47% | -1.18% | View data |
| 4 | 4 Spain | 187,490,000 | 2023 | +1.49% | +0.78% | View data |
| 5 | 5 Italy | 171,120,000 | 2023 | +0.22% | +0.86% | View data |
| 7 | 7 Belgium | 59,046,000 | 2023 | +0.32% | +0.16% | View data |
| 8 | 8 Finland | 47,656,000 | 2023 | +0.85% | +1.81% | View data |
| 9 | 9 Denmark | 43,924,000 | 2023 | +0.99% | +0.56% | |
| 10 | 10 Portugal | 41,921,000 | 2023 | +2.06% | +1.47% | View data |
| 11 | 11 Romania | 40,916,000 | 2023 | +1.37% | -1.26% | View data |
