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Bread & Cereal Products - CIS

CIS
  • Revenue in the Bread & Bakery Products market amounts to US$37.92bn in 2024. The market is expected to grow annually by 6.76% (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$156.30 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 17.60bn kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 3.0% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 63.9kg 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 CIS Bread & Cereal Products Market is facing slow growth due to various factors such as increasing competition, shifting consumer preferences towards healthier options, and economic uncertainty. However, there is potential for growth as digital technologies are being adopted to enhance production and distribution processes. Rising health awareness among consumers and the convenience offered by online services could also drive market growth.

    Customer preferences:
    As consumers become more health-conscious, there is a growing demand for bread and cereal products made with whole grains and organic ingredients. This trend is driven by a desire for healthier and more sustainable food options. Furthermore, there is a shift towards gluten-free and plant-based options, reflecting changing dietary preferences and lifestyles. Additionally, with the rise of e-commerce and online grocery shopping, consumers are increasingly turning to digital platforms to purchase bread and cereal products, further driving the growth of this market.

    Trends in the market:
    In the CIS region, the Bread & Cereal Products Market within The Food market is experiencing a surge in demand for gluten-free and organic options. This trend is driven by the increasing health consciousness among consumers and the growing prevalence of food allergies. As a result, manufacturers are expanding their product portfolios to cater to these preferences. This trend is expected to continue, with the market projected to reach a value of $XX billion by 2025. This presents opportunities for industry stakeholders to tap into this niche market and capitalize on the growing demand for healthier and more sustainable food options.

    Local special circumstances:
    In the CIS region, the Bread & Cereal Products Market within The Food market is heavily influenced by the cultural preference for traditional bread and cereal products. This has led to a diverse range of offerings in the market, with a focus on local grains and flavors. Additionally, the regulatory environment in some CIS countries places restrictions on the import of certain bread and cereal products, creating a more competitive and unique market landscape. These factors contribute to the region's strong demand for locally produced and sourced bread and cereal products.

    Underlying macroeconomic factors:
    The Bread & Cereal Products Market within The Food market is impacted by various macroeconomic factors, such as global economic conditions, national economic stability, and fiscal policies. The demand for bread and cereal products is highly influenced by consumers' purchasing power, which is largely affected by economic trends. Countries with strong economic growth and stable inflation rates typically experience higher demand for these products, while those with economic downturns may see a decline. Furthermore, government policies, such as subsidies and trade agreements, can also impact the market by affecting the cost of production and trade barriers. Overall, the performance of the Bread & Cereal Products Market is closely tied to the overall economic health of a country.

    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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