Bread - Czechia | Statista Market Forecast

Bread - Czechia

Czechia

Highlights

Revenue in the Bread market amounts to US$1.44bn in 2024. The market is expected to grow annually by 5.47% (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$137.00 are generated in 2024.
In the Bread market, volume is expected to amount to 1.36bn kg by 2029. The Bread market is expected to show a volume growth of 3.2% in 2025.0.
The average volume per person in the Bread market is expected to amount to 110.2kg in 2024.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureMethodology

The bread market in Czechia is experiencing a negligible growth rate due to factors such as increasing competition, changing consumer preferences, and the convenience of alternative food options. Despite these challenges, the market continues to see steady growth in response to the demand for traditional bread products.

Customer preferences: Consumers in Czechia are showing a growing preference for healthier bread options, with a focus on organic and whole grain varieties. This shift is driven by an increased awareness of the health benefits of these products and a desire for more natural and sustainable food choices. Additionally, there is a growing trend towards artisanal and locally-made breads, as consumers seek to support small businesses and connect with their cultural heritage through food. This trend is also influenced by the rising demand for specialty breads, such as gluten-free and vegan options, reflecting the diverse and evolving preferences of Czech consumers.

Trends in the market: In Czechia, the Bread Market of the Bread & Cereal Products Market within The Food market is experiencing a surge in demand for artisanal and specialty breads, with consumers seeking unique and high-quality options. This trend is driven by a growing interest in health and wellness, as well as a desire for more diverse and flavorful bread options. This trajectory is significant for industry stakeholders, as it presents opportunities for differentiation and innovation in product offerings. However, it also poses challenges in terms of supply chain management and maintaining quality standards. The implications for industry stakeholders include the need to invest in research and development to meet evolving consumer demands and ensure sustainable growth in the market.

Local special circumstances: In Czechia, the Bread Market within the Bread & Cereal Products Market is heavily influenced by the country's rich culinary traditions and strong preference for fresh, locally sourced ingredients. This has led to a thriving market for artisanal breads and a strong demand for organic and whole grain options. Additionally, government regulations promoting food safety and labeling transparency have played a significant role in shaping consumer behavior and market trends.

Underlying macroeconomic factors: The Bread Market of the Bread & Cereal Products Market within The Food market in Czechia is influenced by macroeconomic factors such as changes in consumer purchasing power, fluctuations in commodity prices, and shifts in consumer preferences. The country's strong economic growth, stable political environment, and favorable fiscal policies have resulted in increased consumer spending on food products, including bread. In addition, the growing trend towards healthy and natural food options has led to a rise in demand for whole grain bread, organic bread, and artisanal bread in Czechia. These factors, coupled with the country's increasing population and urbanization, are expected to continue driving the growth of the Bread Market in Czechia.

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.