The hard candies market in the Czech Republic has experienced a downward trend in recent years, with a market value of 12.248 million Euros in 2023. Over the last five years, the market has consistently contracted, showing a compound annual growth rate (CAGR) of -1.81%. Recent year-on-year declines indicate a persistent market shrinking, with a notable decrease of 1.91% annually in both 2022 and 2023.
Future trends to watch for include:
- Consumer preference shifts towards healthier sweet alternatives.
- Market innovations such as sugar-free or functional hard candies.
- Economic factors influencing disposable incomes and consumer spending power.
How does the Czech Republic rank in Hard Candies Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 160,580,000 | 2023 | +1.4% | +1.7% | View data |
| 2 | 2 France | 152,890,000 | 2023 | -0.26% | -1.76% | View data |
| 3 | 3 Spain | 144,300,000 | 2023 | +3.02% | +2.83% | View data |
| 4 | 4 Greece | 35,605,000 | 2023 | +0.56% | +0.61% | View data |
| 5 | 5 Portugal | 20,410,000 | 2023 | +1.89% | +0.99% | View data |
| 6 | 6 Poland | 19,962,000 | 2023 | -10.64% | -9.5% | View data |
| 7 | 7 Austria | 13,812,000 | 2023 | +4.44% | +0.00072% | View data |
| 8 | 8 Czech Republic | 12,248,000 | 2023 | -1.91% | -1.81% | |
| 9 | 9 Croatia | 8,840,100 | 2023 | -2.17% | -4.83% | View data |
| 10 | 10 Ireland | 8,777,000 | 2023 | -0.39% | +0.68% | View data |
