The German wholesale sugar confectionery pastes market has experienced volatility from 2013 to 2023, with the volume reaching 42.97 million kilograms in 2023. Notably, from 2019 onwards, there was a marked decline, reflecting economic challenges and changing consumer preferences. Recent years have shown slight year-on-year declines, with a 5-year CAGR of -3.45% as of 2023.
Looking forward, the forecast anticipates a further gradual decline in market volume, with a predicted 5-year CAGR of -1% by 2028. Key factors to monitor include shifts towards healthier snacking options and potential economic recovery impacts on consumer spending patterns.
