Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Staple Foods in Tanzania
Staple Foods in Tanzania In 2024, staple foods faced challenges in Tanzania related to rising product prices in the context of broader pressures on consumer budgets. This reinforced the reliance of several product areas, including packaged bread and breakfast cereals, on affluent urban consumers. At ... Read More
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Staple Foods in Indonesia
Staple Foods in Indonesia The market for staple foods in Indonesia demonstrated solid growth in current value terms in 2024, continuing the trend of the previous year. Most categories experienced lower unit price growth compared to 2023, driven by easing global supply chain disruptions. However, pro ... Read More
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Staple Foods in Angola
Staple Foods in Angola In 2024, the staple foods market in Angola faced challenges due to inflation and fluctuations in currency exchange rates. An insufficient supply of locally produced raw materials maintained the importance of imports and contributed to rising prices. Economic challenges encoura ... Read More
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Staple Foods in Ghana
Staple Foods in Ghana The staple foods market in Ghana continued to be significantly impacted by inflation in 2024. Prices rose across product categories with an increasing proportion of consumers’ disposable incomes being required for staple foods, while the broader increase in the cost of living p ... Read More
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Baked Goods in Indonesia
Baked Goods in Indonesia In 2024, unit price growth of baked goods in Indonesia began to normalise after two consecutive years of steep increases. This is largely attributable to the restoration of global supply chains and easing tensions among major exporters, which is significant for Indonesia due ... Read More
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Baked Goods in Brazil
Baked Goods in Brazil The macroeconomic scenario in Brazil in 2023 and 2024 has been marked by a mix of positive and challenging factors. While the country has experienced robust economic growth, inflationary pressures and rising interest rates have posed significant challenges for consumers and bus ... Read More
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Staple Foods in Israel
Staple Foods in Israel Retail value sales of staple foods are set to rise significantly in current terms in Israel in 2024, primarily driven by increasing prices. In 2023, the consumer price index in Israel increased by 3%, the upper limit of Israel's target range of 1-3%. Following the cutting of t ... Read More
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Staple Foods in Brazil
Staple Foods in Brazil The global ranking of consumption shows Brazil as the fourth largest market for staple foods, especially due to the strong appeal of baked goods to most Brazilians. Bread is a very typical product in consumers’ routine, and bakeries are very popular in the country. Euromonitor ... Read More
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Baked Goods in Israel
Baked Goods in Israel Retail value sales of baked goods are set to rise significantly in current terms in Israel in 2024. This will in part be driven by an ongoing increase in prices. In June 2024, Angel Bakery announced a price increase of 9% for its non-supervised products. Around the same time, O ... Read More
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Baked Goods in Germany
Baked Goods in Germany In 2024, high ingredient and energy prices have continued to pose significant challenges to baked goods in Germany. Producers remain under pressure due to elevated costs of essential ingredients such as flour, sugar, butter, and eggs. Factors such as climate change, the spillo ... Read More
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Staple Foods in Germany
Staple Foods in Germany Staple foods in Germany remains one of the most relevant food sectors in the country. After high volume sales during the pandemic years, demand has stabilised in most categories. Following strong price increases in 2022 and 2023, growth is more moderate in 2024, aligning with ... Read More
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Bakery Products in Canada: ISIC 1541
Bakery Products in Canada: ISIC 1541 PPI Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Bakery Products: ISIC 1541 market at a national level. It provides the latest retai ... Read More
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Staple Foods in Switzerland
Staple Foods in Switzerland In 2024, staple food in Switzerland experienced positive retail value and volume growth, with several key trends shaping the category. Prices remained high throughout 2024 due to rising packaging, energy and transport costs. Furthermore, the Russian invasion of Ukraine ha ... Read More
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Baked Goods in Switzerland
Baked Goods in Switzerland In 2024, the baked goods market in Switzerland experienced a stagnated performance in retail volume terms but a 2% increase in retail value growth, largely due to the impact of inflation. The rise in prices of key raw materials such as cereals, sugar, and cocoa, along with ... Read More
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Baked Goods in Vietnam
Baked Goods in Vietnam Overall baked goods in Vietnam is set to record continued total volume growth in 2024. A large share of volume sales of baked goods in Vietnam can be attributed to leavened bread, which is considered an essential product in some households. During times of economic uncertainty ... Read More
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Staple Foods in Vietnam
Staple Foods in Vietnam Staple foods in Vietnam has faced significant challenges in 2024, due to the ongoing economic slowdown. With the fluctuating global situation and rising prices, price sensitivity has become a major factor driving many consumers’ purchasing decisions. A segment of consumers ha ... Read More
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Staple Foods in South Africa
Staple Foods in South Africa Retail volume sales of staple foods in South Africa are gradually rising in 2024, as an increasing number of local consumers find themselves in a better financial position compared to the previous year due to factors such as lower food inflation and decreased interest ra ... Read More
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Baked Goods in South Africa
Baked Goods in South Africa Retail demand for baked goods in South Africa continues to decline in 2024, driven mainly by higher unit prices. The largest category of bread continues to record volume declines as consumers switch to more affordable staples that stretch further, such as rice or maize me ... Read More
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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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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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