In 2023, Germany led the European market for sugar confectionery not containing cocoa, holding a significant share, followed by Spain and the United Kingdom. Notably, Austria experienced a remarkable surge with a growth of 94.5%. Conversely, markets like Italy, France, and Poland showed declines. Smaller players like Montenegro and Norway showed significant negative trends.
Future trends to watch include:
- Potential continued growth in Austria driven by innovation or increased demand.
- Stagnation or slight declines in mature markets may push companies to explore expansion opportunities elsewhere.
- Environmental and health trends impacting consumer choices, possibly leading to product reformulation.
- Impacts of economic factors like inflation or supply chain disruptions on production and sales volumes.
Top countries in Sold Production of Sugar Confectionery Not Containing Cocoa Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 27.92 | 2023 | +1.34% | +2.11% | View data |
| 2 | 2 Spain | 14.25 | 2023 | +4.81% | +2.17% | View data |
| 3 | 3 United Kingdom | 10.43 | 2023 | -0.4% | -0.62% | View data |
| 4 | 4 Belgium | 8.26 | 2023 | +1.61% | +1.87% | View data |
| 5 | 5 Italy | 7.59 | 2023 | +9.2% | -6.61% | View data |
| 6 | 6 Netherlands | 7.55 | 2023 | +4.68% | +0.083% | View data |
| 7 | 7 France | 5.78 | 2023 | +3.48% | -2.24% | View data |
| 8 | 8 Poland | 4.58 | 2023 | -1.37% | -2.22% | View data |
| 9 | 9 Denmark | 2.09 | 2023 | -0.22% | +0.66% | View data |
| 10 | 10 Czechia | 2.05 | 2023 |
