Companiesandmarkets.com

Germany confectionery market: EUR 10.5 billion industry by 2017

Press Release   •   Jul 11, 2013 14:47 BST

The Germany confectionary market is suggested to have reached a value of just under EUR 9 billion at the beginning of 2007, and is estimated to have totalled around EUR 9.6 billion by the start of 2012. It is forecast that by 2017 the value of the Germany confectionary market will be almost EUR 10.5 billion.

The industry is suggested to have grown at a CAGR growth rate of around 1.5% between 2007 and 2012, and is forecast to witness a slight increase in growth over the forecast period, growing 1.7% between 2012 and 2017.

In terms of categories, 'Chocolate' is forecast to continue as the largest sector in the industry, and will be valued at around EUR 7 billion by 2017. The second largest category, 'Sugar Confectionary' will be worth around EUR 2 billion by 2017. Despite this, the fastest growing category is suggested to be a third sector, 'Gum', which will grow at a CAGR growth rate of over 2.1% between 2012 and 2017. 

For more information on the Germany confectionery market, please click here: Germany confectionery market

Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.