Baked Goods in Lithuania
In 2020, the COVID-19 pandemic had a positive impact on baked goods overall. The main reason for this was due to consumers spending more time at home and therefore consuming more there, rather than going out to eat. This means that while baked goods performed notably well in retail sales, foodservice sales plummeted drastically, largely due to lockdowns and ongoing restrictions which saw the closure of foodservice establishments. However, in 2021, the reverse will be seen in the sense that retai...
Euromonitor International's Baked Goods in Lithuania report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2017-2021, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2026, clearly indicating how the market is expected to change.
Product coverage: Bread, Cakes, Dessert Mixes, Frozen Baked Goods, Pastries.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Baked Goods market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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