Confectionery - Southern Europe | Statista Market Forecast

Revenue in the Confectionery market amounts to US$39.57bn in 2024. The market is expected to grow annually by 5.12% (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$167.20 are generated in 2024.
In the Confectionery market, volume is expected to amount to 5.74bn kg by 2029. The Confectionery market is expected to show a volume growth of 1.8% in 2025.0.
The average volume per person in the Confectionery market is expected to amount to 22.2kg 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 Southern Europe is experiencing minimal growth due to factors such as consumer health awareness and the convenience of online services. However, the sub-markets of chocolate, sugar, ice cream, and preserved goods may have varying growth rates depending on consumer preferences and economic factors.

Customer preferences: Consumers in Southern Europe are increasingly looking for healthier and more natural options in the Confectionery Market within The Food market. This trend is driven by a growing awareness of the negative health impacts of consuming high-sugar and heavily processed snacks. As a result, there has been a rise in demand for organic and plant-based confectionery products, as well as those with reduced sugar and clean label ingredients. Furthermore, there is a growing preference for locally sourced and artisanal options, reflecting a desire for authenticity and supporting local producers.

Trends in the market: In Southern Europe, the Confectionery & Snacks Market is experiencing a shift towards healthier and more natural products. This trend is driven by consumer demand for clean label and transparency in ingredients. Additionally, there is a growing preference for alternative sweeteners, such as stevia and monk fruit, as well as plant-based snacks. These trends are likely to continue, with industry players investing in research and development to meet consumer demands. This presents opportunities for companies to differentiate themselves and tap into the growing health-conscious consumer base. However, it also poses challenges for traditional confectionery brands to adapt and stay relevant in the changing market landscape.

Local special circumstances: In Southern Europe, the Confectionery Market is heavily influenced by the region's strong cultural traditions and love for indulgent treats. This has led to a thriving market for premium and artisanal confectionery products. Additionally, strict regulations on food ingredients and labeling have shaped the market, with consumers showing a preference for natural and organic options. The warm climate and outdoor lifestyle also contribute to the demand for seasonal and on-the-go confectionery products, creating a unique market dynamic in the region.

Underlying macroeconomic factors: The Southern Europe Confectionery Market within the Confectionery & Snacks Market of The Food market is heavily impacted by macroeconomic factors such as consumer spending, disposable income, and economic stability. Countries with strong economic growth and stable political environments tend to see higher demand for confectionery products, while regions with economic challenges may experience slower market growth. Additionally, changing consumer preferences, increasing health consciousness, and evolving lifestyles are also influencing the market, with a growing demand for healthier and premium confectionery options. Government policies, trade agreements, and currency fluctuations also play a significant role in shaping the market dynamics of the Confectionery Market in Southern Europe.

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.