Bread & Cereal Products - Haiti | Statista Market Forecast

Revenue in the Bread & Bakery Products market amounts to US$530.20m in 2024. The market is expected to grow annually by 11.31% (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$44.68 are generated in 2024.
In the Bread & Bakery Products market, volume is expected to amount to 111.30m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 2.8% in 2025.0.
The average volume per person in the Bread & Bakery Products market is expected to amount to 8.3kg 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 Haiti is experiencing subdued growth, influenced by factors such as low consumer spending power, lack of infrastructure, and limited access to digital technologies. However, rising health awareness and convenience offered by online services could drive growth in the long term.

Customer preferences: With a growing focus on health and wellness, consumers in Haiti are increasingly turning to gluten-free and organic bread and cereal products. This shift is driven by a desire for healthier, more natural options, as well as a growing awareness of food allergies and intolerances. Additionally, there is a trend towards locally-sourced and sustainable ingredients, reflecting a cultural preference for supporting small businesses and reducing environmental impact.

Trends in the market: In Haiti, the Bread & Cereal Products Market within The Food market is experiencing a surge in demand for fortified and nutritious products. This can be attributed to the growing focus on improving the overall health and well-being of the population. Additionally, there is a trend towards sustainable and locally-sourced ingredients in these products, providing economic opportunities for local farmers. This shift towards healthier and more sustainable options is significant for industry stakeholders as it presents an opportunity for growth and differentiation in the market. However, it also poses challenges in terms of supply chain management and pricing strategies. Overall, this trend towards healthier and more sustainable options has the potential to positively impact the health and economy of Haiti.

Local special circumstances: In Haiti, the Bread & Cereal Products Market is heavily influenced by the country's geographic location and tropical climate, which affects the availability and production of certain grains and cereals. Additionally, cultural preferences and dietary habits also play a role in shaping the market, with a strong preference for locally grown and traditional ingredients. Regulatory challenges, such as limited infrastructure and government policies, also impact the market dynamics, creating a unique landscape for the Bread & Cereal Products Market in Haiti.

Underlying macroeconomic factors: The Bread & Cereal Products Market within The Food market in Haiti is largely influenced by macroeconomic factors such as the country's economic stability, import and export policies, and government regulations. Haiti's economy heavily relies on agriculture, with bread and cereal products being a staple in the Haitian diet. However, the country's economic growth has been hindered by political instability, natural disasters, and poverty, impacting the purchasing power of consumers. Additionally, the global rise in food prices and fluctuations in foreign exchange rates also play a significant role in the performance of the market. As Haiti continues to rebuild and improve its economic health, investments in infrastructure, trade policies, and regulatory support could positively impact the growth of the Bread & Cereal Products Market.

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.