Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Baked Goods in Latvia
Baked Goods in Latvia In 2024, baked goods in Latvia continues to face significant challenges, with bread – the dominant product – remaining on a downward trajectory. The category’s struggle is deeply tied to broader demographic trends, as Latvia's shrinking population reduces the overall consumer b ... Read More
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Baked Goods in Nigeria
Baked Goods in Nigeria Baked goods, despite their essential status in the Nigerian diet, have experienced a notable decline in volume sales in 2024. This downturn has been driven by a combination of inflationary pressures and significant increases in product prices, which have eroded consumer purcha ... Read More
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Baked Goods in Uruguay
Baked Goods in Uruguay Baked goods are expected to register healthy current value and moderate constant value growth in 2024 and continue to be the most important staple in Uruguay. However, volume sales are expected to fall slightly, due to its high maturity. That being said, baked goods and in par ... Read More
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Baked Goods in Serbia
Baked Goods in Serbia In May 2024, the Government of the Republic of Serbia adopted a Regulation mandating the production and sale of bread made from T-500 flour, with a prescribed maximum retail price of 54 dinars and a producer price set at 46.31 dinars. This regulatory intervention has been imple ... Read More
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Staple Foods in Paraguay
Staple Foods in Paraguay In 2024 retail volume sales of staple foods increased after a challenging 2023. Since the second half of 2023, the prices of staple foods decelerated compared to the earlier years of the review period, boosting consumption. Furthermore, at the end of 2023 Javier Milei was el ... Read More
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Baked Goods in Pakistan
Baked Goods in Pakistan In 2024, consumer awareness regarding health and wellness has driven a significant shift towards healthier baked goods. Products such as multi-grain breads, low-sugar dessert mixes, and gluten-free alternatives have become increasingly popular, with consumers prioritising low ... Read More
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Baked Goods in Tunisia
Baked Goods in Tunisia While current and constant value sales are expected to increase for baked goods in Tunisia in 2024, volume sales are expected to be unchanged, in what is a bleak economic picture, with continuing high inflation and worryingly high levels of debt. While unpackaged leavened brea ... Read More
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Baked Goods in Morocco
Baked Goods in Morocco In 2024, Morocco has experienced its fifth consecutive weak agricultural season, a situation caused by persistently unfavourable climatic conditions that have hampered cereal harvests. This prolonged strain on local agricultural output has compelled manufacturers to increase r ... Read More
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Staple Foods in Nigeria
Staple Foods in Nigeria Staple foods have experienced a challenging year in 2024, marked by weak volume performance despite their essential nature within the Nigerian diet. Inflationary pressures and rising production costs have significantly impacted the industry, driving unit prices upwards and we ... Read More
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Staple Foods in Pakistan
Staple Foods in Pakistan In 2024, staple foods in Pakistan continues to navigate the challenges posed by economic instability and political uncertainty. The Consumer Price Index (CPI) averaged around 30% in 2023, but with the IMF agreement and the general elections, the CPI is expected to decrease t ... Read More
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Staple Foods in Bangladesh
Staple Foods in Bangladesh In 2024 demand for staple foods rose once more. This was despite inflation and currency fluctuations as consumer dependency on packaged food has risen with consumers embracing its convenience, especially urban dwellers. Food variety and food habits have changed due to busy ... Read More
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Staple Foods in Morocco
Staple Foods in Morocco The Moroccan economy has witnessed modest growth in 2024, with GDP rising by 2.4% in 2023 and 3.3% in 2024. However, the ongoing geopolitical tensions linked to the Russian invasion of Ukraine have continued to exert upward pressure on global energy and raw material prices, i ... Read More
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Staple Foods in Serbia
Staple Foods in Serbia In 2024, the sales of staple foods in Serbia are largely driven by the fast-paced lifestyle of consumers and their increasing demand for convenience. A rising focus on health has led to an expansion of healthier choices, including plant-based alternatives, low-fat options, and ... Read More
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Staple Foods in the Netherlands
Staple Foods in the Netherlands In 2024, staple foods in the Netherlands has been significantly influenced by substantial price increases across nearly all categories. These price pressures have driven consumers to adopt cost-saving strategies, with private label products emerging as a critical bene ... Read More
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Staple Foods in Tunisia
Staple Foods in Tunisia While staples in Tunisia is expected to register double-digit percentage current value growth, constant value growth is expected to be much more moderate, though still healthy. This is in spite of continuing high inflation and also slower growth in the economy, as Tunisia gra ... Read More
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Staple Foods in Uruguay
Staple Foods in Uruguay It is an improving economic picture for staple foods in Uruguay in 2024 and it is expected to register moderate current value growth, as inflation eases. That being said, there are still significant price increases hikes for rice, due to continuing increases in international ... Read More
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Staple Foods in Latvia
Staple Foods in Latvia Staple foods in Latvia in 2024 presents a more stable outlook than the turmoil of previous years. The inflationary pressures of 2022 and 2023 appear to have subsided, offering some relief. However, ongoing economic uncertainty has hindered a more rapid recovery in sales. Many ... Read More
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Baked Goods in Greece
Baked Goods in Greece Baked goods in Greece continued to be affected by inflation and price increases at the end of the review period. While the rate of inflation slowed, it remained relatively high for the market in 2024. Moreover, average unit prices rose significantly, if slower than in 2023. Thu ... Read More
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Baked Goods in Uzbekistan
Baked Goods in Uzbekistan Overall, baked goods in Uzbekistan in 2024 is expected to register double-digit current value percentage growth, though constant value is expected to be much more moderate, as high inflation still persists. In particular, flour prices continue to rise. That being said, volu ... Read More
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Baked Goods in Lithuania
Baked Goods in Lithuania After enduring several years of consistent decline, baked goods in Lithuania shows signs of stabilising in 2024. While sales have not surged upward, this levelling off represents a significant improvement following a protracted downturn. The stabilisation is partly attribute ... Read More
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Staple Foods in Greece
Staple Foods in Greece Staple foods in Greece continued to be impacted by inflationary pressure on prices and the higher cost-of-living in 2024. While this dampened demand, there was a shift towards convenience and healthier options, which exerted upward pressure on unit prices and boosted retail va ... Read More
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Staple Foods in Jordan
Staple Foods in Jordan Staple foods is set to see total volume growth in Jordan in 2024, though the local economy has been adversely affected by the Israel-Hamas war, with the number of tourists visiting Jordan declining. The fall in tourist numbers has had a direct negative impact on sales through ... Read More
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Baked Goods in Kazakhstan
Baked Goods in Kazakhstan Bread is experiencing a decline in volume sales in 2024 despite the growing population in Kazakhstan. This is linked to a shift in the eating habits of the local population as an increasing focus on healthy eating is leading to reduced bread consumption. As more consumers p ... Read More
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Baked Goods in the Netherlands
Baked Goods in the Netherlands Cakes and pastries have continued to thrive in the Netherlands in 2024, despite ongoing efforts by government organisations to encourage the consumption of healthier, whole foods. When consumers opt for these products, their primary concern is not health but indulgence ... Read More
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Staple Foods in Lithuania
Staple Foods in Lithuania The year 2024 marks a promising period for staple foods in Lithuania. In contrast to some neighbouring countries, consumer confidence remains robust, buoying expenditure levels and driving better-than-expected performance across staple foods. After the challenges posed by s ... Read More
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