Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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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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Baked Goods in Germany
Baked Goods in Germany High ingredient and energy prices have had a significant impact on the production costs of baked goods in Germany. The German baking industry has been facing mounting challenges due to rising expenses. Ingredients such as flour, sugar, butter or eggs are vital components in th ... 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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Staple Foods in Germany
Staple Foods in Germany In 2023, staple foods in Germany faced significant challenges marked by high price increases across various product categories. Despite these economic pressures, staple foods like pasta, rice and bread retained their indispensability in the daily diet due to their versatility ... 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 Switzerland
Staple Foods in Switzerland In 2023, staple foods in Switzerland experienced positive growth, driven by a combination of factors. Convenience continued to be a key factor contributing to the growth of staple foods, as Swiss consumers sought quick and easy meal solutions to accommodate their busy lif ... Read More
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Baked Goods in Israel
Baked Goods in Israel In July 2022, the Price Control Committee declared that bread should be removed from price controls. The move required the approval of the Ministry of Economics, which was not forthcoming due to the fear that this would cause price increases for consumers and also social disord ... 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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Staple Foods in Israel
Staple Foods in Israel The staple foods market was characterised by strong price rises in 2023. Following increases in the prices of dairy, all major players announced price increases in the packaged food market. The price of supervised breads increased for the second time in one year by an average ... 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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Baked Goods in Switzerland
Baked Goods in Switzerland Baked goods in Switzerland in 2023 remained stable in terms of volume, driven by a growing awareness of healthier product choices, leading many consumers to moderate their consumption of baked goods. However, the product area saw an increase in value due to the prevailing ... 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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Staple Foods in Bosnia and Herzegovina
Staple Foods in Bosnia and Herzegovina In 2023, staple foods witnessed a slightly better performance in volume terms, even though consumer demand is beginning to stagnate in response to the country’s population decline, which is reducing the potential consumer base. Most staple food categories are m ... Read More
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Baked Goods in Finland
Baked Goods in Finland Baked goods saw increasing unit prices driven by inflation and growing production costs in 2023. The category also continued to see a normalising of demand, as volume sales moved back to foodservice and away from retail as the Coronavirus (COVID-19) pandemic faded. Nonetheless ... Read More
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Baked Goods in Bolivia
Baked Goods in Bolivia With the war in Ukraine still having an inflationary impact on wheat prices, and with bread being one of the most important staple for Bolivians, the government subsidised the price of flour for bakers. Government authorities reported that 2 million quintals of flour were dist ... Read More
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Staple Foods in Bolivia
Staple Foods in Bolivia Bolivia has managed to protect itself to a large extent from inflation by continuing to have a fixed exchange rate against the dollar. However, there has been challenges for the economy in 2023, with sharp falls in foreign currency reserves and this has increased inflationary ... Read More
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Staple Foods in Costa Rica
Staple Foods in Costa Rica Inflation continues to impact consumer shopping habits in 2023, with consumers seeking out low prices and private label in the staple foods category, as they look to make grocery budgets stretch further. The government has implemented aggressive policies to help keep price ... Read More
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