The sugar confectionery market in Italy has shown mixed performance over the past decade. Starting from 160.63 million kilograms in 2012, the market experienced a decline in subsequent years with notable decreases in 2014 and 2015. However, it witnessed a rebound from 2016 onwards. By 2022, the market size stood at 170.75 million kilograms. Despite year-on-year fluctuations, the market's CAGR over the last five years (2017-2022) exhibited an average annual growth of 2.08%. The latest figures indicated a small annual growth of 0.23% for both 2021 and 2022.
Future trends to watch for:
- Consumption patterns post-pandemic
- Shifts towards healthier alternatives
- Impact of economic factors on discretionary spending
- Innovations in product offerings to capture evolving consumer preferences
How does Italy 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% | |
| 6 | 6 Netherlands | 140,870,000 | 2023 | +1.39% | +1.78% | View data |
| 7 | 7 Belgium | 59,046,000 | 2023 | +0.32% | +0.16% | View data |