In 2023, the Sweet Biscuits and Gingerbread market in Spain stood at 471.58 million kilograms. Over the past decade, market volume showcased fluctuations, with 2023 reflecting a positive trend in year-on-year growth of 1.53%. Analyzing a broader five-year span, the market witnessed a compound annual growth rate (CAGR) of 1.1%. Despite some declines in earlier years, the market has largely maintained a growth trajectory since 2019, reflecting resilience and adaptability within this segment.
Future trends to watch for include increased demand for healthier options, potential impacts of economic conditions on consumer spending, and advancements in product innovation that could bolster market growth further.
How does Spain rank in Sweet Biscuits and Gingerbread Market Size Volume?
# | 19 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 630,420,000 | 2023 | +1.01% | +1.04% | View data |
2 | 2 Germany | 621,630,000 | 2023 | +0.3% | +1.35% | View data |
3 | 3 France | 525,290,000 | 2023 | +1.27% | +1.43% | View data |
4 | 4 Spain | 471,570,000 | 2023 | +1.53% | +1.1% | |
5 | 5 Belgium | 176,980,000 | 2023 | +3.18% | +0.68% | View data |
6 | 6 Romania | 130,560,000 | 2023 | +6% | +5.39% | View data |