The revenue is forecast to experience significant growth in all segments in 2029. This reflects the overall trend throughout the entire forecast period from 2019 to 2029. It is estimated that the indicator is continuously rising in all segments. In this regard, the Bread segment achieves the highest value of 28.93 billion U.S. dollars in 2029.
Data provided by Statista Market Insights are estimates.
Definition:
The Bread & Cereal Products segment covers baked goods made from dough. Dough consists of flour, water, a leavening agent, and other optional ingredients. Cereal products are made from a variety of grains, such as wheat, oats, and rice.
Structure:
The segment consists of five different subsegments:
The Bread segment covers baked goods made from dough which consist of flour, water, a leavening agent, and other optional ingredients.
The Pasta segment covers fresh and dried pasta and noodles made from cereals that are usually used as part of a main meal.
The Rice segment covers several rice varieties, such as long-grain rice, medium-grain rice, short-grain rice, white rice, brown rice, and wild rice, as well as sticky rice and parboiled rice.
The Breakfast Cereals segment covers muesli and other grain-based breakfast products such as corn flakes and oats.
The Other Cereal Products segment covers other products that are made from cereals, such as flour, baking flour, semolina, couscous, and bulgur.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption, out-of-home consumption is not included.
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Statista Market Insights. (June 18, 2024). Revenue in the Bread & Cereal Products market for different segments Nigeria from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria
Statista Market Insights. "Revenue in the Bread & Cereal Products market for different segments Nigeria from 2019 to 2029 (in billion U.S. dollars)." Chart. June 18, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria
Statista Market Insights. (2024). Revenue in the Bread & Cereal Products market for different segments Nigeria from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria
Statista Market Insights. "Revenue in The Bread & Cereal Products Market for Different Segments Nigeria from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 18 Jun 2024, https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria
Statista Market Insights, Revenue in the Bread & Cereal Products market for different segments Nigeria from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria (last visited August 25, 2024)
Revenue in the Bread & Cereal Products market for different segments Nigeria from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Market Insights, June 18, 2024. [Online]. Available: https://www.statista.com/forecasts/1444915/revenue-bread-cereal-products-market-for-different-segments-nigeria