In 2024, France led the European sugar market with a significant turnover share of 56.11 million euros. Germany, following far behind with 17.07 million euros, was second despite experiencing a 4.98% decline in 2023. Poland displayed resilience with a modest growth of 0.8% year-on-year. Smaller markets like Belgium and Spain faced contractions of 5.59% and 6.38%, respectively. Overall, most countries, including Italy, Finland, and Serbia, registered declines, highlighting regional market pressures. Over the past five years, the market experienced varying trends, with some recovery predicted as companies adapt to shifts in consumer preferences and regulatory changes.
Future trends in the European sugar market may include:
- Continued efforts toward sugar reduction initiatives and healthier substitutes.
- Potential policy impacts from both EU and national governments.
- Expanding demand for quality localization and sustainability in sugar production.
- Increased competition and innovation in alternative sweeteners influenced by health trends.
Top countries in Sugar Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 56.11 | 2023 | +4.76% | +0.86% | View data |
| 2 | 2 Germany | 17.07 | 2023 | -1.29% | -4.98% | View data |
| 3 | 3 Poland | 8.91 | 2023 | -0.22% | +0.8% | View data |
| 4 | 4 Belgium | 2.81 | 2023 | -9.5% | -5.59% | View data |
| 5 | 5 Spain | 2.74 | 2023 | -4.96% | -6.38% | View data |
| 6 | 6 Czech Republic | 2.54 | 2023 | -1% | -1.66% | View data |
| 7 | 7 Romania | 1.17 | 2023 | -6.13% | -5.69% | View data |
| 8 | 8 Italy | 1.12 | 2023 | -15.98% | -8.11% | View data |
| 9 | 9 Finland | 1.03 | 2023 | -3.99% | -9.57% | View data |
| 10 | 10 Slovakia | 1.03 | 2023 | +1.4% | +0.49% | View data |
