Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Where Consumers Shop for Staple Foods
Where Consumers Shop for Staple Foods The cost of living crisis is impacting consumers’ grocery channel choices, resulting in shifting preferences to combat eroding purchasing power. As a consequence, discounters have been rising in prominence. Also, after years of decline, small local grocers are g ... Read More
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Austria Staple Foods
Staple Foods in Austria The challenging economic conditions in Austria, including inflationary pressures and fluctuating consumer purchasing power, influenced consumer spending habits and preferences in 2023. As prices rose across various categories, consumers sought more affordable options without ... Read More
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Austria Baked Goods
Baked Goods in Austria Baked goods experienced mixed fortunes in 2023 with the category registering positive growth in current value terms by a small decline in retail volume terms. The main factor influencing the rise in sales in value terms was inflationary pressures that impacted the cost of ingr ... Read More
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Baked Goods in India
Baked Goods in India Baked goods maintained solid retail volume growth and dynamic current value growth in India in 2023. Packaged leavened bread has become a popular go-to option, especially for urban consumers, due to Western influences such as increasing exposure to social media. While convenienc ... Read More
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Staple Foods in India
Staple Foods in India Staple foods saw high retail current value growth in India in 2023, on the back of favourable macroeconomic factors and changing consumer preferences regarding food choices. Favourable macroeconomic factors such as high GDP growth and rising median disposable incomes, coupled w ... Read More
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Yamazaki Baking Co Ltd in Staple Foods (World)
Yamazaki Baking Co Ltd in Staple Foods (World) Yamazaki Baking has been losing share in staple foods in recent years. The company has been impacted by the relative lack of dynamism in its home market in Japan, which accounts for the vast majority of its sales. Nevertheless, it remains a major player ... Read More
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Baked Goods in Hong Kong, China
Baked Goods in Hong Kong, China Total volume sales of baked goods are expected to rise in Hong Kong in 2023, driven by foodservice. Since the easing of COVID-19 restrictions in late 2022, many consumers in Hong Kong have returned to their normal work-from-office routine. This has resulted in an incr ... Read More
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Staple Foods in Hong Kong, China
Staple Foods in Hong Kong, China Staple foods has faced a challenging year in 2023, as many consumers in Hong Kong have shifted their spending from retail to foodservice. After three years impacted by the pandemic, consumers have been eager to dine out and experience travel, which is set to lead to ... Read More
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Staple Foods in Taiwan
Staple Foods in Taiwan In 2023, staple foods in Taiwan was affected by the resumption of travel and eating out as key trends with the lifting of Coronavirus (COVID-19) restrictions. Thus, demand shifted back from retail to foodservice as a result of less time spent at home, which reduced the time or ... Read More
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Baked Goods in Taiwan
Baked Goods in Taiwan The artisanal and premium offer has expanded in baked goods in Taiwan. Taiwanese consumers consumed packaged baked goods when eating at home during the COVID-19 pandemic period. This raised the demand for quality packaged backed goods in the country. Consumers have shown a will ... Read More
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Staple Foods in Ghana
Staple Foods in Ghana Rice and bread remained the most popular staple foods in 2023. The demand for options like pasta, breakfast cereals and processed meat and seafood remained largely limited to more affluent urban dwellers. Further significant rises in unit prices and importation costs in 2023 st ... Read More
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Staple Foods in Indonesia
Staple Foods in Indonesia Staple foods overall benefited from consumer purchasing power beginning to rise in 2023 as Indonesia’s economy started to rebound following difficult years during and immediately after the pandemic. Sales volumes were boosted by broadening consumer segments as well as playe ... Read More
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Baked Goods in Indonesia
Baked Goods in Indonesia Retail volume sales of overall baked goods saw flat growth in 2023, with average unit prices soaring for the second consecutive year. Several factors contributed to this snowballing of prices: the continued weakening of the IDR amid high import reliance for raw materials lik ... Read More
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Staple Foods in Côte d'Ivoire
Staple Foods in Côte d'Ivoire As the staple foods market in Côte d’Ivoire was recovering from the impact of the COVID-19 pandemic, it was hit by high rates of global inflation. This had a marked impact on prices in certain product categories. In this context, consumers switched to lower-priced produ ... Read More
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Staple Foods in Brazil
Staple Foods in Brazil The ongoing inflationary process that has hit the Brazilian economy in the past few years started to cool in 2023, as various food categories experienced a deflationary process for many items throughout the year. The Brazilian market context can been exemplified by the hourgla ... Read More
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Baked Goods in Brazil
Baked Goods in Brazil Baked goods in Brazil during 2022 was impacted by higher input prices that were also observed in different consumer goods categories, especially for wheat prices, freight constraints and other inputs. Although Brazilian wheat production recorded record highs in 2022, a proporti ... Read More
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Staple Foods in Tanzania
Staple Foods in Tanzania In 2023, Tanzanian consumers grapple with soaring food prices, particularly for staples like bread, driven by global wheat price hikes and local production challenges due to prolonged droughts. The government supports local brands, raising custom duty rates for imports to 35 ... Read More
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Staple Foods in Uganda
Staple Foods in Uganda In 2023, Uganda's staple food landscape has witnessed shifts as consumers favour smaller pack sizes, aligning with cost-conscious preferences. Retailers respond by importing compact versions of multinational brands, catering to the demand for affordability. Yet, overall staple ... Read More
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Staple Foods in Australia
Staple Foods in Australia In staple foods, noteworthy retail volume and current value growth are expected in 2023, which can be attributed to an increase in the number of people cooking at home due to the rising cost of living. Growth in volume consumption has been coupled with rises in unit prices, ... Read More
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Baked Goods in Australia
Baked Goods in Australia Baked goods is set to see notable retail volume and current value growth in 2023, driven by increased demand, as Australians have opted to eat at home more frequently due to the rising cost of living. This trend has been further amplified by the influx of new immigrants to A ... Read More
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Staple Foods in Ethiopia
Staple Foods in Ethiopia The worst drought in 40 years pushed local food prices up while Russia’s war in Ukraine has led to further price pressures. To curb inflation, interest rates were raised and the currency depreciated making imports more expensive. Despite this, demand for branded staple foods ... Read More
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HW Staple Foods in Austria
HW Staple Foods in Austria Animal welfare continues to play an increasingly important role in the grocery shopping decisions of Austrian consumers and this strong focus on animal welfare continues to have a positive impact on demand for health and wellness processed meat. During the review period, t ... Read More
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Staple Foods in Angola
Staple Foods in Angola In 2023, the COVID-19 pandemic is no longer a strong factor in the performance of staples foods, with the category now being impacted by global inflation. However, as Angola is a country that benefits from exports, the country is benefiting from being able to increase its pric ... Read More
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Staple Foods in Thailand
Staple Foods in Thailand Staple foods in Thailand is seeing an overall positive performance, in both value and volume terms. That said, the category continues to be affected by inflationary pressures which are pushing up prices, alongside the cost-of-living crisis which is suppressing consumers’ dis ... Read More
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Baked Goods in Thailand
Baked Goods in Thailand Baked goods manages to achieve positive growth in both retail value and volume terms, despite the return of foodservice heralding stronger growth in on-trade terms. The resumption of tourism, following the era of pandemic restrictions, is attributed as a key reason for this, ... Read More
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