Confectionery - EU-27 | Statista Market Forecast

Revenue in the Confectionery market amounts to US$117.20bn in 2024. The market is expected to grow annually by 3.94% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$84bn in 2024).
In relation to total population figures, per person revenues of US$261.80 are generated in 2024.
In the Confectionery market, volume is expected to amount to 16.48bn kg by 2029. The Confectionery market is expected to show a volume growth of 2.2% in 2025.0.
The average volume per person in the Confectionery market is expected to amount to 33.3kg in 2024.

Definition:

The Confectionery market covers food items with a relatively high sugar. Confectionery has a variety of flavorings, colorings, and other components that give them their distinct taste, texture, and appearance. This market is divided into four submarkets: chocolate confectionery, ice cream, preserved pastry goods and cakes and sugar confectionery.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Chocolate products
Sugar confectionery
Ice Cream
Preserved Pastry Goods & Cakes

Nuts
Dried fruit snacks
Chocolate spreads
Desserts
Jams
Out-of-home consumption

The Confectionery market in the EU-27 has been experiencing minimal growth, impacted by factors such as shifting consumer preferences towards healthier snacks, increased competition from alternative snack options, and regulations on sugar and fat content in confectionery products. Despite this, the market continues to be driven by the convenience and indulgence factors, particularly in the Chocolate Confectionery and Ice Cream sub-markets.

Customer preferences: The Confectionery Market within The Food market is witnessing a shift towards healthier options as consumers become more health-conscious. There is a growing demand for low-sugar and organic confectionery products, driven by changing dietary preferences and increasing awareness of the negative health effects of excess sugar consumption. This trend is expected to continue as consumers prioritize healthier and more sustainable food choices.

Trends in the market: In the EU-27, the Confectionery Market of the Confectionery & Snacks Market within The Food market is experiencing a rise in demand for healthier and more sustainable options. This trend is driven by growing consumer awareness and concerns about health and sustainability. As a result, there is a shift towards organic, natural, and plant-based ingredients in confectionery products. This trend is expected to continue in the coming years, with potential implications for industry stakeholders such as manufacturers, retailers, and suppliers, who may need to adapt their products and strategies to meet the evolving demands of consumers.

Local special circumstances: In the EU-27, the Confectionery market is heavily influenced by cultural preferences and regulations. For example, countries such as Germany and France have a strong tradition of chocolate consumption, while in Italy, gelato and other frozen treats are popular. Additionally, strict regulations on food additives and labeling have a significant impact on product development and marketing strategies. This has led to a unique market landscape with a wide range of products tailored to local tastes and regulations.

Underlying macroeconomic factors: The Confectionery Market within the Confectionery & Snacks Market of The Food market is significantly impacted by macroeconomic factors such as consumer spending, trade policies, and inflation rates. As disposable income increases and consumers' purchasing power grows, there is a higher demand for indulgent treats and snacks. However, fluctuations in trade policies and changes in inflation rates can greatly affect the cost of raw materials and production, ultimately impacting market growth. Additionally, shifting consumer preferences towards healthier snacks and confectionery options also play a pivotal role in shaping the market, as health-conscious consumers seek out products with clean labels and natural ingredients.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.