Bread & Cereal Products - Myanmar

Revenue in the Bread & Bakery Products market amounts to US$4.33bn in 2024. The market is expected to grow annually by 12.16% (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$78.79 are generated in 2024.
In the Bread & Bakery Products market, volume is expected to amount to 4.06bn kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 5.1% in 2025.0.
The average volume per person in the Bread & Bakery Products market is expected to amount to 59.5kg 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 Myanmar has been experiencing subdued growth, influenced by factors such as limited access to digital technologies and low health awareness among consumers. The market's growth rate is impacted by the lack of government support and infrastructure for online health services.

Customer preferences: As more consumers in Myanmar embrace Western food culture, there is a growing demand for healthier and more convenient options in the Bread & Cereal Products Market. This has led to an increase in gluten-free and organic products, as well as a focus on packaging and labeling that appeals to health-conscious consumers. Additionally, the rise of online shopping and delivery services has made it easier for busy individuals to access these products, driving the market towards more digital and convenient solutions.

Trends in the market: In Myanmar, the Bread & Cereal Products Market is experiencing a surge in demand for healthier and more diverse options, driven by a growing awareness of the importance of a balanced diet. This trend is expected to continue, with consumers seeking out products made from alternative grains like quinoa and amaranth, and incorporating more plant-based proteins into their diets. Industry stakeholders should take note of these shifts and adapt their offerings accordingly, as well as exploring opportunities for collaboration with local farmers to source these unique ingredients.

Local special circumstances: In Myanmar, the Bread & Cereal Products Market within The Food market is heavily influenced by the country's agricultural sector, with rice being a staple food. The market is also affected by the country's diverse cultural influences, as well as its limited infrastructure and government regulations. This has led to a reliance on traditional methods of production and distribution, while also hindering the adoption of modern technologies. Additionally, the recent political and economic reforms have opened up the market to foreign investments, leading to increased competition and shifting consumer preferences.

Underlying macroeconomic factors: The Bread & Cereal Products Market within The Food market in Myanmar is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. For instance, the country's GDP growth rate, inflation rate, and interest rates all play a significant role in the performance of the market. Additionally, government policies related to trade and investment, as well as changes in consumer spending patterns, can also impact the demand for bread and cereal products. Furthermore, changes in global commodity prices and currency exchange rates can affect the cost of raw materials and production, ultimately impacting market prices and profitability. Overall, a stable and growing economy with supportive government policies can lead to a more favorable market environment for the Bread & Cereal Products Market in Myanmar.

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.