Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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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 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 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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Baked Goods in Kenya
Baked Goods in Kenya Baked goods in Kenya has experienced substantial unit price increases, particularly in bread, marked by strong double-digit growth. This escalation is primarily attributed to the heightened global wheat prices, a consequence of the ongoing Ukraine-Russia war. Considering Russia ... Read More
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Staple Foods in Kenya
Staple Foods in Kenya In 2023, the Kenyan staple foods market is navigating through a period of high food inflation, leading to significant increases in unit prices. This economic environment has prompted consumers to prioritise essential grocery items while curtailing impulse buys and non-essential ... Read More
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Baked Goods in Cameroon
Baked Goods in Cameroon While baked goods is largely dependent on imported wheat, efforts are being made to provide local alternatives in order to stabilise prices and protect Cameroon from global uncertainties. As such local ingredients such as cassava, plantains, yams, and potatoes are now startin ... Read More
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Staple Foods in Panama
Staple Foods in Panama Panama’s sales of staple foods are buoyed by extensive urbanisation, the rise of modern grocery retailers and wider product selection. However, in the wake of the COVID-19 pandemic, the resumption of pre-pandemic lifestyles, Russia’s invasion of Ukraine, and rising inflation, ... Read More
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Baked Goods in Turkey
Baked Goods in Turkey Baked goods underwent two price adjustments, based on annual yield and announced annual wheat prices. The aim was to keep price increases for unpacked leavened white bread below the rate of inflation, which was very high, to provide affordability. To offset rising production co ... Read More
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Staple Foods in Cameroon
Staple Foods in Cameroon Cameroon was not as affected by the energy crisis stemming from the war in Ukraine as many other countries. Rising global energy prices in 2022 gave a boost to government coffers and helped stabilise the economy. However, ongoing civil conflict, as well as widespread poverty ... Read More
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Staple Foods in Turkey
Staple Foods in Turkey Turkey implemented an economic programme in May 2023 to help navigate the delicate equilibrium between domestic demand and export priorities, as articulated by the financial authorities of Turkey. Practically, this indicates the policies set forth with regard to restrictions o ... Read More
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Baked Goods in Sweden
Baked Goods in Sweden In 2023, baked goods in Sweden continues to exhibit normalising sales. After the pandemic, sales through foodservice took a hit, leading consumers to shift towards retail as they preferred dining at home. Additionally, unit prices have continued to rise due to inflation and inc ... Read More
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Staple Foods in Sweden
Staple Foods in Sweden In 2023, staple foods in Sweden witnessed several key trends, influenced by consumer preferences, economic factors, and the ongoing health and wellness movement. Staple foods, including rice, pasta, and noodles, which saw a strong uptick in demand during the COVID-19 pandemic, ... Read More
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Staple Foods in Slovakia
Staple Foods in Slovakia In 2023, despite a stabilisation in the unit price growth of staple foods, the purchasing power of Slovaks failed to recover. Factors such as higher interest rates, rising oil prices, and more expensive services continued to significantly limit their ability and willingness ... Read More
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Baked Goods in Slovakia
Baked Goods in Slovakia In 2023, commodity prices of wheat experienced a significant decrease from the heights of 2022. However, this reduction did not translate into lower unit prices in retail stores. The main contributing factor was the persistent increase in other costs, such as logistics, servi ... Read More
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Baked Goods in Estonia
Baked Goods in Estonia In 2023, frozen cakes, sweet pies and tarts demonstrated the fastest current value growth in baked goods. Demand for these types of frozen baked goods is growing alongside the faster pace of life in Estonian society, although it remains a niche at present. Estonians have start ... Read More
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Staple Foods in Estonia
Staple Foods in Estonia In 2023, demand for staple foods has recovered slightly after several years of decline. Retail volume sales was under pressure for much of the review period, due to surging production costs and rising inflation, which forced prices up. Although inflation has fallen in 2023, p ... Read More
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Staple Foods in Finland
Staple Foods in Finland As the threat of and restrictions related to the Coronavirus (COVID-19) crisis eased and lifted towards the end of the review period, Finnish consumers were again able to move freely and resume their pre-pandemic purchasing and consumption habits. As a result, there was a nor ... Read More
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