The solid refined white sugar market in Germany is projected to decrease from 13.09 Euros per capita in 2024 to 4.86 Euros per capita by 2028. This represents a considerable decline, with year-on-year changes of approximately -15.8% from 2024 to 2025, -18.8% from 2025 to 2026, -22.9% from 2026 to 2027, and -29.6% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately -21.4%, indicating a significant downward trend. The market stood higher in 2023; however, the precise value for 2023 is not provided here.
Future trends to watch for:
- Shifts in consumer preferences towards healthier alternatives could further impact sugar consumption.
- Regulatory changes and sugar taxes imposed by the government may alter consumption patterns.
- Technological advancements in sugar production and potential innovations in sugar substitutes could influence market dynamics.
- Global economic factors and supply chain issues might affect pricing and availability.