Category: Baked Goods
Baked Goods market research reports by Euromonitor International
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Baked Goods in the Czech Republic
Baked Goods in the Czech Republic Baked goods in the Czech Republic is positioned as one of the more economy-positioned categories in the market. This positioning helped baked goods to grow demand, if slightly, towards the end of the review period, despite high inflation and cost-of-living increases ... Read More
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Baked Goods in the Philippines
Baked Goods in the Philippines Despite ongoing inflationary pressures, the baked goods market in the Philippines is projected to expand in volume terms in 2024. Bread holds a significant place in Filipino culture, deeply embedded in the traditional bakeries known as panaderyas, which emphasis freshn ... Read More
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Baked Goods in Hungary
Baked Goods in Hungary With price points rising and disposable income decreasing, shrinkflation has been a common strategy used by players in baked goods. In this strategy, products are offered in smaller sizes while prices remain the same or rise. However, significant price hikes have led consumers ... Read More
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Baked Goods in Egypt
Baked Goods in Egypt In 2024, baked goods in Egypt experienced strong growth in retail volume terms and dynamic current value growth reaching into the high double-digits. Baked goods are an essential part of the Egyptian diet, and many households rely on these products to feed their families. As an ... Read More
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Baked Goods in Azerbaijan
Baked Goods in Azerbaijan In 2024, prices within baked goods have remained stable, yet sales volumes for bread have begun to decline. This trend is largely attributed to changing consumer preferences driven by a growing awareness of healthier lifestyle choices and the importance of balanced nutritio ... Read More
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Baked Goods in Poland
Baked Goods in Poland Baked goods in Poland continues to post modest volume growth despite saturation at a slightly slower growth rate than in 2024. Consumer demand is slowing following the dynamic expansion seen during the pandemic years. Baked goods is very mature but there have been shifts in spe ... Read More
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Staple Foods in the Philippines
Staple Foods in the Philippines Retail sales of staple foods in the Philippines are projected to show positive growth in volume terms throughout 2024, despite sustained inflationary pressures that continue to push up food prices. This rise in costs is largely attributable to energy price hikes, unpr ... Read More
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Staple Foods in Egypt
Staple Foods in Egypt Staple foods in Egypt witnessed some notable shifts in 2024, with significant changes in the price of baked goods, including subsidised bread. The decision to raise the price of subsidised bread, a staple food and symbol of social stability in Egypt, marked the first change in ... Read More
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Staple Foods in Poland
Staple Foods in Poland In 2024, staple foods in Poland witnessed moderate retail volume growth. Inflationary pressures have eased thus helping to stabilise retail prices and lower the cost of living. Combined with rising incomes and changing consumption habits, this led to increased spending on stap ... Read More
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Staple Foods in Canada
Staple Foods in Canada Retail volume in staple foods in Canada is creeping back towards a positive performance in 2024, while value is better supported by still-high prices. This performance is being supported by a slowdown in inflationary pressures which, in turn, is helping to stabilise unit price ... Read More
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Staple Foods in Saudi Arabia
Staple Foods in Saudi Arabia The staple foods market in Saudi Arabia is projected to achieve robust growth in volume terms across both retail and foodservice channels in 2024. Bolstered by a thriving economy, demand is expected to rise, fuelled by factors such as a growing population, evolving demog ... Read More
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Baked Goods in Denmark
Baked Goods in Denmark In baked goods in Denmark, retail current value growth was easier to come by than retail volume growth towards the end of the review period. This was partly due to significant increases in average retail current unit prices across baked goods, amid inflationary pressure. Howev ... Read More
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Staple Foods in Azerbaijan
Staple Foods in Azerbaijan Geopolitical changes in the world continue to affect trade in Azerbaijan in 2024, including staple foods. Prices for numerous categories remain considerably high, leading to stagnating or stable sales volumes as consumers increasingly opt for essential and inexpensive good ... Read More
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Staple Foods in Peru
Staple Foods in Peru Despite lower levels of inflation in 2024, many product areas within staple foods continued to experience value growth that was bolstered by unit prices rather than an expansion of retail volume sales. This outcome was the result of stagnant incomes in Peru, which have not kept ... Read More
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Baked Goods in Colombia
Baked Goods in Colombia The baked goods industry faced significant challenges due to sharp increases in raw material, labour, and energy costs, resulting in a substantial reduction in profit margins in 2024. This led to a staggering 30% decline in production and sales for neighbourhood bakeries. How ... Read More
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Baked Goods in Ireland
Baked Goods in Ireland Baked goods is set to see stagnation in current value terms in Ireland in 2024. In the previous year, baked goods experienced another year of high single-digit price increases as inflationary pressures across the supply chain persisted. The main factor was the global wheat sho ... Read More
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Baked Goods in Portugal
Baked Goods in Portugal Despite lower inflation rates, prices for baked products increased in 2024, contributing to a continued decline in retail volume consumption. Although inflation has eased somewhat, the initial price increases at the beginning of 2024 have maintained a focus on cost among cons ... Read More
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Staple Foods in Portugal
Staple Foods in Portugal Following rises across the review period, consumer prices saw another increase in 2024 despite the implementation of 0% VAT on essential items, including pasta, rice, canned fish, and bread. This rise positioned prices higher than at the start of 2023, putting further strain ... Read More
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Staple Foods in Colombia
Staple Foods in Colombia Economic instability and household budget concerns led to fluctuations in retail demand during 2024, dampening purchasing power and shaping consumer purchasing habits. Consequently, the staple food landscape experienced a decline in retail volume sales, primarily due to the ... Read More
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Baked Goods in Peru
Baked Goods in Peru Following a difficult 2023, which was impacted by warm temperatures and a virtually absent winter, in 2024 baked goods recorded positive retail value growth of 3%, and retail volume growth of 2%. This improvement is largely attributed to cooler temperatures and an earlier arrival ... Read More
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Staple Foods in Ireland
Staple Foods in Ireland Staple foods is expected to see continued, but more modest, current value growth in Ireland in 2024. In 2023, overall, staple foods recorded marginal gains despite strong inflationary pressures. The heightened cost of key raw materials such as wheat, milk, edible oils, sugar ... Read More
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Staple Foods in Italy
Staple Foods in Italy Staple foods in Italy in 2024 continues to be characterised by a decrease in consumption in terms of volume, which is mainly attributable to the high inflation seen in 2023 in particular. Within this context, many consumers were forced to review their purchasing choices, both f ... Read More
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Baked Goods in Italy
Baked Goods in Italy Baked goods is seeing relatively low value gains in Italy in 2024, while retail volume is flat. Bread-based products are noted to have been challenged by inflationary pressures in both 2023 and 2024, making this a category in which consumers have been rationalising their purchas ... Read More
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Baked Goods in Ukraine
Baked Goods in Ukraine The government has been providing support to some local businesses during wartime, which has helped with the recovery of manufacturing in Ukraine. For instance, the Chatna Mount brand which produces frozen baked goods in a factory near Kyiv announced a return to before-war vol ... Read More
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Staple Foods in Chile
Staple Foods in Chile In 2024, the staple food market in Chile is set to experience modest growth in retail volume terms across most categories. This is especially significant given the backdrop of continued inflationary pressures, which have influenced pricing strategies and consumer behaviour. Whi ... Read More
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