Bread & Cereal Products - Costa Rica

Revenue in the Bread & Bakery Products market amounts to US$838.10m in 2024. The market is expected to grow annually by 5.63% (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$159.70 are generated in 2024.
In the Bread & Bakery Products market, volume is expected to amount to 311.30m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 3.4% in 2025.0.
The average volume per person in the Bread & Bakery Products market is expected to amount to 52.1kg 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 in Costa Rica is experiencing minimal growth, influenced by factors such as changing consumer preferences, increasing competition from alternative breakfast options, and the rising cost of raw materials. Despite these challenges, the market is expected to continue growing due to the convenience and health benefits offered by these products.

Customer preferences: As health and wellness continue to be top priorities for consumers in Costa Rica, there has been a growing demand for healthier and more nutritious options in the Bread & Cereal Products Market. This has led to an increase in the production of whole grain and gluten-free products, as well as a rise in the popularity of organic and locally-sourced ingredients. This shift towards healthier choices is also influenced by the country's strong focus on sustainability and the promotion of a more plant-based diet.

Trends in the market: In Costa Rica, the Bread & Cereal Products Market within The Food market is experiencing a shift towards healthier options, with a growing demand for gluten-free and organic products. This trend is being driven by the increasing health consciousness among consumers and the rise of dietary restrictions. As a result, industry stakeholders are investing in research and development to innovate and meet the changing preferences of consumers. This trend is expected to continue, providing opportunities for market growth and competition in the sector.

Local special circumstances: In Costa Rica, the Bread & Cereal Products Market is heavily influenced by the country's geographical location and agricultural sector. As a major producer of wheat, corn, and rice, Costa Rica has a strong domestic supply of grains, resulting in a lower cost of production for bread and cereal products. Additionally, the country's rich cultural heritage and focus on healthy, natural ingredients have led to a demand for locally sourced and organic options in the market. Furthermore, the government's regulations on food imports also play a significant role in shaping the Bread & Cereal Products Market in Costa Rica, with strict standards for quality and safety leading to a preference for locally produced goods.

Underlying macroeconomic factors: The Bread & Cereal Products Market in Costa Rica is greatly impacted by macroeconomic factors such as economic growth, consumer purchasing power, and government policies. With the country's strong economic growth and stable political environment, consumers are increasingly able to afford higher quality and more diverse food options, leading to a growing demand for bread and cereal products. Furthermore, government policies promoting healthy eating habits and investments in food production infrastructure have also contributed to the growth of this market. However, fluctuations in global food prices and currency exchange rates can also have a significant impact on market performance.

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.