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Bread & Cereal Products - Mozambique

Mozambique
  • Revenue in the Bread & Bakery Products market amounts to US$964.90m in 2024. The market is expected to grow annually by 8.68% (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$27.68 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 594.60m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 4.4% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 14.8kg 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 Food market in Mozambique, specifically the Bread & Cereal Products Market, has been experiencing mild growth due to factors such as increasing urbanization, rising disposable income, and a growing middle class. These factors have led to a higher demand for convenient and affordable food options, including bread, pasta, rice, breakfast cereals, and other cereal products. Additionally, a shift towards healthier eating habits and the introduction of more nutritious cereal products have also contributed to the market's growth. However, challenges such as limited access to technology and infrastructure in rural areas and the high cost of imported ingredients may hinder the market's growth rate.

    Customer preferences:
    Consumers in Mozambique are increasingly seeking healthier and more convenient food options, leading to a growing demand for bread and cereal products made with whole grains and natural ingredients. This trend is driven by a shift towards healthier eating habits and a desire for more sustainable and locally-sourced food. Additionally, the rise of urbanization and busy lifestyles has also fueled demand for on-the-go breakfast options, such as cereal bars and pre-packaged oatmeal cups.

    Trends in the market:
    In Mozambique, the Bread & Cereal Products Market within The Food market is experiencing a trend towards healthier and more diverse options. This is driven by a growing awareness of the importance of nutrition and a desire for more convenient and sustainable food options. The trajectory of this trend is expected to continue as consumers become more health-conscious and demand for sustainable and plant-based products increases. This presents an opportunity for industry stakeholders to innovate and adapt to changing consumer preferences, but also poses challenges in terms of supply chain and production methods.

    Local special circumstances:
    In Mozambique, the Bread & Cereal Products Market within The Food market is heavily influenced by the country's geographical and cultural factors. With a large portion of the population living in rural areas, traditional grains such as maize and sorghum are the staple food. This has led to a limited demand for processed bread and cereal products. Additionally, the country's regulatory environment, characterized by a lack of food safety standards, poses challenges for companies looking to enter the market. As a result, the market is dominated by local players, with multinational companies facing barriers to entry.

    Underlying macroeconomic factors:
    The Bread & Cereal Products Market within The Food market market in Mozambique is impacted by various macroeconomic factors. These include the overall economic health of the country, global economic trends, fiscal policies, and other financial indicators. A stable and growing economy with favorable fiscal policies can lead to increased consumer spending and purchasing power, driving demand for bread and cereal products. On the other hand, economic instability, inflation, and high unemployment rates can negatively affect consumer spending, leading to a decline in market growth. Additionally, the increasing population and rising urbanization in Mozambique are expected to drive the demand for convenient and affordable food options, further boosting the growth of the Bread & Cereal Products Market.

    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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