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Bread & Cereal Products - Kyrgyzstan

Kyrgyzstan
  • Revenue in the Bread & Bakery Products market amounts to US$510.90m in 2024. The market is expected to grow annually by 7.06% (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$74.70 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 422.20m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 3.3% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 56.2kg 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 Bread & Cereal Products Market in Kyrgyzstan is witnessing minimal growth, influenced by factors such as changing consumer preferences, increasing health consciousness, and the convenience offered by online purchasing. The market's slow growth rate can also be attributed to the emergence of alternative grain-based products and rising competition from imported products.

    Customer preferences:
    With a growing focus on health and wellness, there has been a rise in demand for organic and whole grain bread and cereal products in Kyrgyzstan. This trend is driven by the increasing awareness of the health benefits associated with these products, as well as the influence of Western dietary patterns. Additionally, the rise in disposable income and changing lifestyles have resulted in a shift towards convenience foods, such as ready-to-eat cereals and packaged bread, further driving growth in the market.

    Trends in the market:
    In Kyrgyzstan, there is a growing trend towards healthier and more diverse bread and cereal products, with a focus on incorporating local and traditional ingredients. This trend is driven by increasing health consciousness and a desire for variety in the diet. As a result, we are seeing a rise in the production of whole grain and gluten-free options, as well as the use of superfoods like quinoa and chia seeds in breakfast cereals. This trend is significant for industry stakeholders as it presents opportunities for product innovation and differentiation, as well as potential challenges in terms of sourcing and production costs. Additionally, the emphasis on local and traditional ingredients could have implications for the sustainability and preservation of cultural heritage in The Food market.

    Local special circumstances:
    In Kyrgyzstan, the Bread & Cereal Products market is heavily influenced by the country's nomadic traditions and mountainous terrain, leading to a strong demand for portable and durable food options. Additionally, the government's focus on promoting local agriculture has resulted in a thriving market for locally grown grains and cereals. Furthermore, the country's predominantly Muslim population has led to a demand for halal-certified products, further shaping the market dynamics.

    Underlying macroeconomic factors:
    The Bread & Cereal Products Market within The Food market in Kyrgyzstan is heavily influenced by macroeconomic factors such as the country's overall economic health, government policies, and global economic trends. As the Kyrgyz economy continues to grow and develop, with a focus on diversification and increasing foreign investment, the demand for bread and cereal products is expected to rise. Furthermore, the government's efforts to improve the country's infrastructure and increase access to education and healthcare will also contribute to the growth of the market. Additionally, the increasing urbanization and changing consumer preferences towards healthier and more convenient food options are driving the demand for bread and cereal products in Kyrgyzstan.

    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.
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