Between 2013 and 2023, the compressed tablets of the sugar confectionery market in France have shown variable growth, with an overall increase from around 1.17 million kilograms to approximately 1.39 million kilograms. The most significant surge occurred between 2020 and 2021 with a 6.06% rise, attributed either to market recovery or consumer trends. The market, however, witnessed a modest decline in 2022 before rebounding slightly by 2.07% in 2023. Over the five-year span from 2018 to 2023, the compound annual growth rate (CAGR) stood at about 2.14%.
Looking ahead, the market is projected to continue its growth trajectory, reaching approximately 1.53 million kilograms by 2028, reflecting a 5-year CAGR of 1.49% and an overall growth rate of 7.69%. Key future trends may include:
- Increased consumer preference for convenient and portable confectionery solutions.
- Potential impact of health-conscious trends on product formulations.
- Technological advancements in manufacturing and packaging that could enhance product appeal.
- Market expansion opportunities through potential new flavors and product innovations.
