The German market for sugar confectionery containing cocoa has exhibited varied growth patterns from 2012 to 2022, with a general upward trajectory. After starting at 328.51 million euros in 2012, the market saw significant fluctuations with notable growths in 2013 (9.51%) and 2015 (10.43%), alongside some declines like in 2016 (-6.1%) and 2018 (-5.2%). The overall trend stabilized with the highest value in 2022 at 422.54 million euros. The Compound Annual Growth Rate (CAGR) over the last five years stands at 1.04%, indicating a modest but steady growth pattern.
Future trends to watch for:
- Consumer preferences shifting towards healthier and organic options may influence market dynamics.
- Economic factors and inflation could impact consumer spending on confectionery.
- Innovations in product offerings and packaging are likely to play a critical role in market growth.
How does Germany rank in Sugar Confectionery Containing Cocoa Market Size Value?
| # | 9 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 400,600,000 | 2023 | +0.92% | +1.04% | |
| 2 | 2 Poland | 248,570,000 | 2023 | -2.04% | -0.41% | View data |
| 3 | 3 Spain | 63,326,000 | 2023 | +0.51% | -0.35% | View data |
| 4 | 4 Denmark | 48,537,000 | 2023 | -0.28% | +2.06% | View data |
| 5 | 5 Sweden | 46,527,000 | 2023 | +12.05% | +5.15% | View data |
