The forecasted data for Italy's sold production of sugar confectionery containing cocoa shows a steady decline from 2024 to 2028. In 2024, the value is projected at 15.334 million euros, decreasing to 12.369 million euros by 2028. This reflects a negative trend, with year-on-year decreases of between 4.6% and 5.6% annually. The compound annual growth rate (CAGR) over the forecast period is expected to be approximately -5%. The 2023 production stood higher than 2024, indicating upcoming challenges in this sector.
Future Trends to Watch:
- Emergence of healthier confectionery options impacting demand.
- Shift towards sustainable and ethically sourced cocoa.
- Impact of economic factors and price sensitivity on consumer purchasing decisions.