Bread & Cereal Products - Bolivia

Revenue in the Bread & Bakery Products market amounts to US$1.32bn in 2024. The market is expected to grow annually by 6.98% (CAGR 2024-2029).
In global comparison, most revenue is generated China (US$278bn in 2024).
In relation to total population figures, per person revenues of US$104.80 are generated in 2024.
In the Bread & Bakery Products market, volume is expected to amount to 541.60m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 4.7% in 2025.0.
The average volume per person in the Bread & Bakery Products market is expected to amount to 36.8kg in 2024.

Definition:

The Bread & Cereal Products market 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 market consists of five different submarkets:

The Bread market covers baked goods made from dough which consist of flour, water, a leavening agent, and other optional ingredients.
The Pasta market covers fresh and dried pasta and noodles made from cereals that are usually used as part of a main meal.
The Rice market 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 market covers muesli and other grain-based breakfast products such as corn flakes and oats.
The Other Cereal Products market 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.

For more information on the displayed data, click the info button on the right side of each box.

Fresh bread and bread rolls
Pasta
Rice
Breakfast cereals
Other cereal products (e.g. Flour, couscous, bulgur)

Biscuits
Cookies
Crackers
Cakes
Baby rice cereals and other baby cereals
Ready-to-eat meal based on cereals
Out-of-home consumption

The Bread & Cereal Products Market within The Food market in Bolivia is seeing minimal growth due to factors such as low consumer awareness, limited access to digital technologies, and a preference for traditional food options. This slow growth rate is impacted by the country's economic challenges and lack of investment in the food industry. However, as digital technologies become more accessible and consumer health awareness increases, the market may experience a boost in growth in the future.

Customer preferences: The growing health consciousness among Bolivian consumers is driving demand for healthier and more nutritious bread and cereal products. This has led to a rise in the availability of gluten-free, organic, and whole-grain options in the market. Additionally, the increasing urbanization and hectic lifestyles have resulted in a growing demand for convenient, on-the-go breakfast options, such as breakfast bars and instant oatmeal packets. These trends are indicative of a shift towards healthier and more convenient food choices among Bolivian consumers.

Trends in the market: In Bolivia, the Bread & Cereal Products Market within The Food market is experiencing a rise in demand for healthier and more sustainable options. This trend is driven by consumer preferences for natural and organic ingredients, as well as a growing awareness of the environmental and health impacts of processed foods. As a result, there has been a surge in the production and consumption of whole grain and gluten-free products. These trends are significant for industry stakeholders, as they highlight the need for product innovation and marketing strategies that align with consumer values. Additionally, there is a potential opportunity for companies to tap into the growing market for healthy and sustainable food options in Bolivia.

Local special circumstances: In Bolivia, the Bread & Cereal Products Market is heavily influenced by the country's diverse geography, as it varies from the high-altitude Andes to the lowland rainforests. This results in a wide range of locally produced grains, such as quinoa and corn, which are used in traditional dishes. Additionally, cultural factors play a significant role in the market, with bread and cereal products being staple foods in Bolivian cuisine. Furthermore, the government's focus on promoting local agriculture and food production has created a thriving market for small-scale producers, making it a unique market compared to others in the region.

Underlying macroeconomic factors: The Bread & Cereal Products Market within The Food market in Bolivia is impacted by various macroeconomic factors. The country's economic health, fiscal policies, and global economic trends play a significant role in shaping the market's performance. Bolivia's economy is heavily dependent on agriculture, with bread and cereal products being staples in the local diet. Therefore, any changes in national economic health or fiscal policies can directly affect the production, distribution, and consumption of these products. Additionally, global economic trends such as fluctuations in commodity prices and trade policies can also impact the market's growth. As such, it is crucial to monitor these macroeconomic factors to understand the market's trajectory accurately.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

Diets in high-income countries such as the United States consist of a lot of fats, animal products, sweeteners, and other products in addition to the ever-present food staples such as bread. Despite the comparatively lower share of staples in the food supply of these nations, staples still make up the majority of food intake. For example, consumers in the United States eat quite a lot of bread annually. Bread consumption in the U.S. amounts to 6.64 billion kilograms, or 19.84 kilograms per capita. In addition to bread, Americans consume a sizable amount of cake and pastry goods, namely 8.6 billion kilograms in 2022.