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  4. Bread & Cereal Products

Bread - Burundi

Burundi
  • Revenue in the Bread market amounts to US$42.20m in 2024. The market is expected to grow annually by 9.22% (CAGR 2024-2029).
  • In global comparison, most revenue is generated China (US$80bn in 2024).
  • In relation to total population figures, per person revenues of US$3.10 are generated in 2024.
  • In the Bread market, volume is expected to amount to 29.75m kg by 2029. The Bread market is expected to show a volume growth of 3.8% in 2025.0.
  • The average volume per person in the Bread market is expected to amount to 1.8kg in 2024.

Definition:

The Bread market covers staple items made by mixing one or more types of flour, wet ingredients, and leavening ingredients, and then baking it until it becomes firm and dry. Bread is available in a variety of shapes and flavors. Popular types of bread include white, whole wheat, and sourdough.

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.

In-Scope

  • Bread of all types of grain is included (wheat bread, whole wheat bread, brown bread, spelt bread, cornbread, yeast bread, sourdough, rice bread, gluten-free bread, raisin/fruit bread)
  • Fresh bread, frozen bread
  • Flatbread (Tortillas), bread rolls and sliced bread (toasted bread)
  • Bagels, Ciabatta, Baguette
  • Injera, Bao Buns, Panini, Naan, Pita, English Muffin

Out-Of-Scope

  • Pastry and other bakery goods
  • Gingerbread
  • Crackers
  • Out-of-home consumption

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Bread market in Burundi is experiencing subdued growth, impacted by factors such as limited resources and low consumer purchasing power. Despite this, it remains a crucial part of The Food market, driven by the convenience and availability of various Bread and Cereal products.

Customer preferences:
As consumers in Burundi become more health-conscious, there has been a notable shift towards incorporating traditional, locally-sourced ingredients in bread products. This trend is driven by a growing interest in natural and organic foods, as well as a desire to support local farmers and promote sustainable agriculture. Additionally, there has been an increase in demand for gluten-free and low-carb options, reflecting a trend towards healthier and more specialized diets.

Trends in the market:
In Burundi, the Bread Market of the Bread & Cereal Products Market within The Food market is experiencing a rise in demand for healthier bread options, such as whole grain and gluten-free breads. There is also a growing trend of bakeries using locally sourced ingredients to appeal to consumers seeking more sustainable and authentic products. These trends are significant as they reflect the increasing health consciousness and preference for natural products among consumers. Industry stakeholders may need to adapt their production processes and marketing strategies to cater to these changing consumer preferences. Additionally, there may be opportunities for collaborations with local farmers and suppliers to support the use of locally sourced ingredients in bread production.

Local special circumstances:
In Burundi, the Bread Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's agricultural sector, which contributes to the majority of the nation's GDP. This has led to a strong dependence on locally produced grains, resulting in a high demand for traditional breads made from sorghum and maize. Additionally, cultural preferences for freshly baked bread and a lack of modern baking technology have limited the presence of packaged bread in the market. These factors have created a distinct market dynamic, with locally produced bread dominating the market.

Underlying macroeconomic factors:
The Bread Market of the Bread & Cereal Products Market within The Food market in Burundi is affected by various macroeconomic factors such as the country's economic stability, government policies, and global economic trends. Burundi's economy heavily relies on agriculture, which also includes the production of bread and cereal products. The country's political and social instability, coupled with high inflation rates, have resulted in a volatile economic climate, affecting consumer purchasing power and market demand. Moreover, Burundi's limited access to technology and infrastructure hinders the growth of the bread market. However, the increasing population and rising urbanization in the country present opportunities for market growth.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

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