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Bread & Cereal Products - Niger

Niger
  • Revenue in the Bread & Bakery Products market amounts to US$1.03bn in 2024. The market is expected to grow annually by 7.86% (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$36.66 are generated in 2024.
  • In the Bread & Bakery Products market, volume is expected to amount to 923.20m kg by 2029. The Bread & Bakery Products market is expected to show a volume growth of 6.1% in 2025.0.
  • The average volume per person in the Bread & Bakery Products market is expected to amount to 24.9kg 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 Niger has been experiencing minimal growth, influenced by factors such as low consumer awareness, limited access to digital technologies, and reliance on traditional food preparation methods. Despite the convenience offered by online services, the market is hindered by cultural preferences for locally produced and consumed bread and cereal products. This has resulted in a slow growth rate, as the market struggles to adapt to digital advancements.

    Customer preferences:
    The growing popularity of gluten-free and organic options in the Bread & Cereal Products Market can be attributed to the increasing health consciousness among consumers. With the rise in chronic diseases and food allergies, there has been a shift towards healthier and cleaner food choices. This trend is also influenced by the demand for sustainable and ethically sourced ingredients, as well as a desire for transparency in the production process. As a result, more consumers are seeking out labels such as "non-GMO" and "locally sourced" when making their purchasing decisions, driving manufacturers to adapt their product offerings to meet these demands.

    Trends in the market:
    In Niger, the Bread & Cereal Products Market is seeing an increase in demand for fortified and nutritious products, as consumers become more health-conscious. This trend is also reflected in the global market, with a growing emphasis on functional foods and plant-based alternatives. As sustainability becomes a key concern, there is a rising demand for products made from locally sourced ingredients. This trajectory is significant for industry stakeholders, as it presents opportunities for innovation and expansion into new markets. However, it also poses challenges in terms of supply chain management and meeting changing consumer preferences.

    Local special circumstances:
    In Niger, the Bread & Cereal Products Market within The Food market is heavily influenced by the country's geographical and cultural factors. Due to the predominantly rural population, there is a high demand for affordable and accessible food options, leading to the popularity of locally produced cereals and bread. Additionally, government regulations on imported food products create a unique market dynamic, with a focus on promoting domestically grown and produced goods. This has resulted in a strong local presence of small-scale producers and a reliance on traditional agricultural methods.

    Underlying macroeconomic factors:
    The Bread & Cereal Products Market within The Food market in Niger is greatly affected by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. The market growth is influenced by changes in consumer spending patterns, inflation rates, and government policies on imports and exports. Additionally, the country's agricultural sector, which is a major source of raw materials for the production of bread and cereal products, plays a crucial role in market performance. Moreover, the rising population and increasing urbanization are creating a higher demand for convenient and affordable food options, leading to a growth in the bread and cereal 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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