Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Staple Foods in Slovenia
Staple Foods in Slovenia Consumer demand for staple foods remains steady in 2024, with moderate retail volume growth being seen in the year. All major categories are recording solid value growth as a result of further price increases due to inflation. Despite a notable slowdown in the official infla ... Read More
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Baked Goods in Malaysia
Baked Goods in Malaysia Despite spiralling prices, compounded by the continued weakness of the ringgit against the US dollar, demand for baked goods continued to grow in Malaysia in 2024. Baked goods, such as packaged leavened bread, packaged cakes and packaged pastries, are considered essential foo ... Read More
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Baked Goods in Singapore
Baked Goods in Singapore Baked goods is expected to see continued growth in retail volume sales in Singapore in 2024, though the rate of growth is set to slow as the category starts to normalise. The growth in the unit price of baked goods has begun to slow down in 2024, with the category having pre ... Read More
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Staple Foods in Singapore
Staple Foods in Singapore Staple foods is expected to see current retail value growth in Singapore in 2024 partly as a result of slightly higher average unit prices. The high cost of living continues to have a pronounced effect on consumer confidence and household spending, resulting in consumers cu ... Read More
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Staple Foods in Malaysia
Staple Foods in Malaysia New government policy reforms, such as allowing local consumers to withdraw their retirement savings from May 2024, helped sustain demand for staple foods in Malaysia in 2024. Moreover, the government's removal of the diesel subsidy and more cash aid helped offset the impact ... Read More
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HW Staple Foods in South Africa
HW Staple Foods in South Africa Persistent economic pressures in South Africa forced many consumers to prioritise their purchases and focus on essential groceries or more affordable options offered by private label in 2023. Therefore, demand for some fortified/functional staple foods suffered at the ... Read More
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Staple Foods in the US
Staple Foods in the US 2024 has presented a challenging year for consumers and players alike in staples in the US. While economic uncertainty and conservative spending, coupled with lifestyle changes and slowing prices, are set to contribute to retail volume recovery in a few key categories, overall ... Read More
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Baked Goods in the US
Baked Goods in the US In 2024, the ongoing trend of solid retail current value growth coupled with declining retail volumes is set to continue to characterise baked goods in the US. A key factor behind this is the steady rise in unit prices across various product categories, which has strained consu ... Read More
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Staple Foods in Costa Rica
Staple Foods in Costa Rica Following a series of disruptions, including COVID-19, the container crisis, war in Ukraine and Israel, the surge in international raw material prices, the hacking of the country’s customs systems, the collapse of national ports, as well as periods of economic instability ... Read More
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Staple Foods in Cameroon
Staple Foods in Cameroon Staple foods in Cameroon has experienced a moderate slowdown in current value growth in 2024, while retail volume sales have returned to positive territory after having contracted over 2022-2023. This is explained by a sustained drop in inflation, which had risen sharply dur ... Read More
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Baked Goods in Finland
Baked Goods in Finland In 2024, baked goods in Finland registered modest volume and current value growth. While traditional Finnish rye bread remains highly popular, lighter bread, and especially oat bread, which saw significant product development over the review period, continued to see expansion. ... Read More
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Staple Foods in Sweden
Staple Foods in Sweden Staple foods in Sweden continued to face maturity at the end of the review period. Therefore, retail volume growth remained difficult to generate, with retail current value growth boosted by inflationary pressure on prices, but also the launch of new products and innovation of ... Read More
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Baked Goods in Cameroon
Baked Goods in Cameroon Unpackaged leavened bread, the dominant category within baked goods in Cameroon in retail volume sales terms, is set to record double-digit growth in this respect in 2024 after two consecutive years of decline. The turnaround is explained by a sustained drop in prices, which ... Read More
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Baked Goods in Bosnia and Herzegovina
Baked Goods in Bosnia and Herzegovina Baked goods in Bosnia and Herzegovina experiences stable consumer demand in 2024, particularly within pastries and frozen baked goods. Despite moderate retail volume growth, the continued impact of inflation has driven prices higher, resulting in a solid increas ... Read More
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Baked Goods in Estonia
Baked Goods in Estonia Overall, in baked goods in Estonia in 2024, there is expected to both a slight fall in volume and also constant value sales. Bread continues to account for most value sales, with ethnic options such as flat bread, as well as French and Italian bread performing better than othe ... Read More
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Baked Goods in Kenya
Baked Goods in Kenya Kenyan consumers are highly price sensitive in 2024 as a result of the rising cost of raw materials and production. In response to the increased cost of flour, Broadway Bakery raised bread prices in the year, prompting consumers to look for more affordable options, including sma ... Read More
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Baked Goods in Croatia
Baked Goods in Croatia The trend of rising bread prices in Croatia is becoming increasingly pronounced, driven by a combination of factors affecting both supply and demand. Following a poor harvest, which resulted in a reduced yield of essential grains like wheat, barley, and oats, bread prices are ... Read More
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Staple Foods in Finland
Staple Foods in Finland In 2024, staple foods in Finland registered positive overall growth in both volume and current value terms. Unit prices continued to grow in many categories, boosting value sales but forcing many Finnish consumers to react by trading down or seeking price promotions. Economic ... Read More
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Staple Foods in Bosnia and Herzegovina
Staple Foods in Bosnia and Herzegovina In 2024, staple foods in Bosnia and Herzegovina continues to demonstrate stable consumer demand, resulting in moderate retail volume growth despite an ongoing demographic crisis that negatively impacts the potential consumer base. Key categories within staples ... Read More
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Staple Foods in Estonia
Staple Foods in Estonia With the economy still spluttering, as the economy struggles to recover from the upheaval caused by the war in nearby Ukraine, staples in Estonia is expected to register moderate current value growth, but limited volume growth in 2024. On a positive note, inflation has eased ... Read More
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Baked Goods in Algeria
Baked Goods in Algeria Baked good in Algeria is expected to register moderate constant value and muted volume growth in 2024. Though inflation has eased, consumers continue to be price sensitive and this is preventing the premiumisation trend from taking off. In addition, most of the population is r ... Read More
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Staple Foods in Algeria
Staple Foods in Algeria It is expected to be a modest performance for staple foods in Algeria in 2024. With inflation continuing to be an issue, there is expected to be moderate constant value and volume growth, and with similar growth across all segments. That being said, inflation is on a downward ... Read More
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Staple Foods in Panama
Staple Foods in Panama Retail volume sales of staple foods rose in 2024 although performances varied across categories, depending on the level of price increases and whether the category was subject to extended government price controls to maintain affordability and consumption. Price sensitive cons ... Read More
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Staple Foods in Kenya
Staple Foods in Kenya Inflation has significantly impacted Kenya’s staple foods market in 2024 . The rising cost of raw materials such as wheat, transportation and packaging, as well as fluctuating foreign exchange rates have driven up production costs. Njoro Canning Factory Ltd , owner of Golden Va ... Read More
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Baked Goods in Costa Rica
Baked Goods in Costa Rica On-site bakeries in Fresh Market convenience stores, Automercado supermarkets, PriceSmart warehouse clubs and Wal Mart stores have become increasingly innovative, expanding their offerings to meet evolving consumer preferences in 2024. Automercado, for instance, offers sour ... Read More
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