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Bread & Cereal Products - Burundi

Burundi
  • Revenue in the Bread & Bakery Products market amounts to US$228.70m in 2024. The market is expected to grow annually by 8.35% (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$16.82 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 146.40m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 2.7% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 9.4kg 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.

In-Scope

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

Out-Of-Scope

  • Biscuits
  • Cookies
  • Crackers
  • Cakes
  • Baby rice cereals and other baby cereals
  • Ready-to-eat meal based on cereals
  • Out-of-home consumption
Bread & Cereal Products: market data & analysis - Cover

Market Insights report

Bread & Cereal Products: market data & analysis

Study Details

    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 Burundi Bread & Cereal Products Market is experiencing minimal growth, influenced by factors such as low purchasing power, limited availability of digital technologies, and lack of health awareness among consumers. These challenges hinder the convenience and adoption of online health services, resulting in slow growth in the overall market.

    Customer preferences:
    Consumers in Burundi are increasingly embracing healthier lifestyles, leading to a growing demand for whole-grain and gluten-free bread and cereal products. This shift in preference is driven by health concerns and a rising awareness of the benefits of a balanced diet. Additionally, the younger generation is more health-conscious and is driving the demand for organic and locally-sourced products. This trend is expected to continue as consumers prioritize their overall well-being and seek more nutritious options in the Bread & Cereal Products Market within The Food market.

    Trends in the market:
    In Burundi, the Bread & Cereal Products Market within The Food market has seen a shift towards healthier options, such as whole grain bread and cereal. This trend is driven by increasing awareness of the health benefits of these products and a growing demand for natural and organic foods. Industry stakeholders are responding by introducing new product lines and promoting the use of locally-sourced ingredients, in line with the country's focus on sustainable and ethical consumption. This trend is expected to continue as consumers become more health-conscious and seek out better-for-you options. Additionally, the government's efforts to promote food security and reduce food imports could further drive the growth of the local bread and cereal market.

    Local special circumstances:
    In Burundi, the Bread & Cereal Products Market within The Food market is heavily influenced by the country's agricultural landscape and reliance on subsistence farming. The market is also impacted by cultural preferences for staple foods such as sorghum and cassava, as well as regulatory factors that limit the import of certain grains. These unique factors shape the demand and supply dynamics of the market, making it distinct from other markets in the region.

    Underlying macroeconomic factors:
    The Bread & Cereal Products Market in Burundi is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and financial indicators. The global economic slowdown has affected the country's export revenues and consumer spending, leading to a decline in market growth. Additionally, high inflation rates and limited access to credit have hindered the growth of the market. However, the government's efforts to improve the business climate and attract foreign investment are expected to drive market growth in the coming years. Furthermore, the increasing demand for healthy and affordable food options, coupled with the rising population, presents opportunities for market growth in the long term.

    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.

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    Key Market Indicators

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

    Most recent update: Sep 2024

    Source: Statista Market Insights

    Explore more high-quality data on related topic

    Bread and bakery products in the United States - statistics & facts

    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.
    More data on the topic

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