Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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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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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 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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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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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