In 2024, the Gross Value Added (GVA) per employee full-time equivalent (FTE) in the UK for the cocoa, chocolate, and sugar confectionery sector stands at €155.25 thousand. This figure is a forecasted increase from prior years, reflecting underlying growth trends. Comparing year-on-year growth rates from 2024 to 2028, the sector shows steady annual increases, indicating resilience and potential for further expansion. The compound annual growth rate (CAGR) over this period highlights an average yearly improvement, confirming the sector's stable enhancement.
Future trends to watch include:
- Technological advancements in production processes improving efficiency.
- Shifts in consumer preferences towards healthier and sustainable products.
- Impacts of trade agreements and regulations on supply chain dynamics.
