Panettone and artisan confectionery, business is booming abroad (along with the danger of imitations)
A selection of Christmas specialities, with production up, as for all desserts over the past 12 months, according to Sigep, but weighed down by record increases in raw materials such as butter, hazelnuts and cocoa
Key points
In recent years, there has been a continuous growth in demand for artisan panettone cakes, in parallel with the multiplication of delicacies offered by confectioners, chefs and specialised bakeries. A trend that is evident even to the uninitiated, with business that in 2024 - according to data from Sigep in Rimini (The World Expo for Foodservice Excellence) whose next edition is scheduled from 16 to 20 - exceeded 140 million euro (600 million the value of industrial production).
A pleasure that is hard to give up
2025 seems to confirm the trend, not only for pandoro and panettone, but for all confectionery and throughout Europe: "In the last twelve months, 3.2 billion desserts were consumed outside the home in the five main European countries. The category grew by 6% in Europe and in Italy recorded +2.3%, confirming that dessert remains an indispensable pleasure, even in a context of more prudent economies," says Matteo Figura, Foodservice Director of Circana Italia.
However, the sector is confronted with newcritical issues regarding raw materials. After last year's price hikes for cocoa and butter, this year's problems concern hazelnuts, the price of which is rising significantly; the situation for sour cherries, candied fruit and pistachios is also critical.
In spite of rising prices and the decreasing purchasing power of families, the pastry remains a 'refuge good'. "In October we recorded +28% on leavened goods compared to 2024," says Veneto master pastry chef Luigi Biasetto, Ampi academician and Relais Dessert member, "and abroad the results are extraordinary: +28% in Paris, +40% in New York, +80% in Hong Kong. For Christmas 2025, we are presenting a superfood panettone with wholemeal flour, seeds, thyme honey and turmeric, together with a version with ricotta, figs and walnuts perfected through long ageing tests".
According to Matteo Cutolo, president of the International Pastry Federation, "the production of artisan panettone is growing by 5%" and consumer tastes seem to be split roughly in half between the classic panettone and all the other categories, confirming that, despite the interest in innovative proposals, the traditional recipe continues to represent a solid share of the market. On the trends front, Cutolo emphasises that 'the consumer is always looking for a panettone that is not only well-made and of high quality, but also different, approaching particular tastes and unusual combinations of ingredients.



