Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Baked Goods in Croatia
Baked Goods in Croatia Following steep price growth in baked goods in 2022, wheat and flour prices stabilised in 2023. This is particularly important for bread as it is heavily dependent on flour prices. Croatians are strong bread consumers, and it was expected that volume demand would continue grow ... Read More
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Baked Goods in Costa Rica
Baked Goods in Costa Rica After the strong price rises seen in 2022, consumers have welcomed the lower prices emerging in bread during 2023. The reduction in value added tax (IVA) in February 2023 and the improvement in global wheat supply has enabled retailers to reduce prices on some goods. Grupo ... Read More
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Baked Goods in Bosnia and Herzegovina
Baked Goods in Bosnia and Herzegovina In 2023, baked goods achieved moderate volume growth due to the strong performance of leavened bread, which is gaining popularity and shaping the development of the baked goods category. Despite rising prices, overall consumption of baked goods has picked up sli ... Read More
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Baked Goods in the US
Baked Goods in the US 2022 was characterised by constant unit price increases across packaged food, and baked goods was no exception; and this trend has continued in 2023. This is set to lead to dynamic increases in current value terms across baked goods categories in the US, but mixed performances ... Read More
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Baked Goods in the United Arab Emirates
Baked Goods in the United Arab Emirates Demand for baked goods continues to grow in the United Arab Emirates. The local market is a major tourist destination, and the opening of society since the ending of pandemic-related restrictions means that tourism is booming. Events being held in the United A ... Read More
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Staple Foods in the United Arab Emirates
Staple Foods in the United Arab Emirates As noted in many countries around the world, consumers in the United Arab Emirates experienced weakened purchasing power in 2022 due to the impact of inflation on goods and services. However, in 2023, unlike in many other markets, consumers’ purchasing behavi ... Read More
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Baked Goods in Algeria
Baked Goods in Algeria Baked goods sales continue rising in Algeria in 2023, with bread as an essential source of starchy carbohydrates set to underpin a solid and sustainable market size for baked goods overall. However, Algeria continues to witness severe economic hardship in 2023, further exacerb ... Read More
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Staple Foods in Vietnam
Staple Foods in Vietnam Retail prices of staple foods in the Vietnam continued to rise in 2023. While inflationary pressures began to ease, the ongoing war in Ukraine had a major impact on the prices of key raw materials, due to the disruption of the global supply chain. With Vietnam importing the m ... Read More
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Staple Foods in South Korea
Staple Foods in South Korea Staple foods, closely associated with economic conditions in South Korea, is experiencing slower growth rates in many categories due to recent external economic factors. Elevated inflation rates have led to an upward trend in retail value sales across most categories, whi ... Read More
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Staple Foods in Algeria
Staple Foods in Algeria Retail volume sales growth for staple foods in Algeria in 2023 is set to be weaker than 2022. These results have been impacted by ongoing economic hardship, impacting household incomes in Algeria, as well as the rising cost of imported materials in 2023. Demand has been furth ... Read More
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Baked Goods in South Korea
Baked Goods in South Korea Heightened consumer interest in health continues to be a prominent trend following the pandemic in South Korea. It has played a pivotal role in shaping the current baking trend of reducing sugar and oil content, while emphasising natural fermentation and organic options as ... Read More
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Baked Goods in Vietnam
Baked Goods in Vietnam Volume sales of baked goods saw positive growth for the second year in 2023, supported to a large extent by the continued recovery of foodservice. With the easing of pandemic restrictions, including a return to office-based working patterns, consumers began to eat breakfast in ... Read More
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Staple Foods in the US
Staple Foods in the US Similar to 2022, 2023 is set to be a challenging year for staple foods. While most of the supply chain issues from the pandemic have subsided, commodities still present an issue, some to more elevated levels, due to the persistence of the war in Ukraine as well as an unprecede ... Read More
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Staple Foods in South Africa
Staple Foods in South Africa 2023 is proving to be a tough financial year for South Africans due to double-digit food inflation, rising interest rates and rolling blackouts. Many categories have experienced single-digit unit price growth, which is placing pressure on volume sales. Leavened bread has ... Read More
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Baked Goods in South Africa
Baked Goods in South Africa The average unit price of leavened bread in South Africa, which holds the highest retail volume share in baked goods, has increased significantly in 2023, resulting in another year of retail volume decline, following its weak performance the previous year. The stronger de ... Read More
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HW Staple Foods in Hong Kong, China
HW Staple Foods in Hong Kong, China Local consumers have been paying greater attention to their diets since the pandemic and, therefore, are exploring different dietary plans. In Hong Kong, flexitarian has, in fact, attracted the most attention. A local survey indicates that the city's flexitarian p ... Read More
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HW Staple Foods in the Netherlands
HW Staple Foods in the Netherlands At the beginning of the review period, gluten free staple foods was an underdeveloped category. Specialised channels such as health food stores and organic supermarkets were the main distribution channels and consumers who struggled with issues surrounding gluten h ... Read More
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HW Staple Foods in India
HW Staple Foods in India Traditionally, an Indian breakfast generally consisted of cooked food such as idli, dosa, paratha, and upma. However, in the past few years, with increasingly hectic lifestyles, urban consumers have been pressed for time, and consumers have looked towards breakfast cereals a ... Read More
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HW Staple Foods in Spain
HW Staple Foods in Spain In 2022, demand for staples foods was polarised between consumers searching for lower prices due to high inflation in the country and those who opted to adopt healthier diets and were willing and able to pay more for higher quality or specific value, including products with ... Read More
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HW Staple Foods in South Korea
HW Staple Foods in South Korea The idea of health and wellness varies at a category level within staple foods. For instance, high fibre products that use whole grains have a strong position in rice, baked goods, and breakfast cereals. Sales of grain-added rice, such as brown rice, black rice, and mu ... Read More
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HW Staple Foods in the United Arab Emirates
HW Staple Foods in the United Arab Emirates Awareness of healthy eating is rising in the country, especially the need to reduce sugar intake. For instance, in December 2019, the United Arab Emirates adopted an excise tax of 50% on beverages with high sugar or sweetener content to improve the nation’ ... Read More
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HW Staple Foods in Taiwan
HW Staple Foods in Taiwan In 2022, more consumers, particularly those of the younger generation, started looking for high protein staple foods as a result of the fitness craze. An increasing number of people began to visit gyms and exercise regularly in the review period. Apart from working out, peo ... Read More
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HW Staple Foods in Indonesia
HW Staple Foods in Indonesia Rising health awareness is increasingly driving Indonesians to make dietary changes in an effort to improve their nutritional intake, lose weight and reduce the risk of certain diseases. This trend – which was reinforced by concerns surrounding COVID-19 during the review ... Read More
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HW Staple Foods in Italy
HW Staple Foods in Italy In packaged cakes, there is a growing demand for products that both satisfy the need for indulgence while still being considered a healthy eating option. In this context, Italian consumers are looking for low fat and low sugar cakes and that are rich in natural and healthy i ... Read More
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HW Staple Foods in Saudi Arabia
HW Staple Foods in Saudi Arabia The purchasing decisions of consumers are increasingly influenced by health concerns. Rising awareness of health was particularly accelerated by measures from the government in the form of its Healthy Food Strategy to ensure the health of the nation by reducing consum ... Read More
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