Other Cereal Products - Angola | Statista Market Forecast

Revenue in the Other Cereal Products market amounts to US$1.74bn in 2024. The market is expected to grow annually by 11.54% (CAGR 2024-2029).
In global comparison, most revenue is generated Egypt (US$15bn in 2024).
In relation to total population figures, per person revenues of US$45.96 are generated in 2024.
In the Other Cereal Products market, volume is expected to amount to 1.01bn kg by 2029. The Other Cereal Products market is expected to show a volume growth of 2.4% in 2025.0.
The average volume per person in the Other Cereal Products market is expected to amount to 21.5kg in 2024.

Definition:

The Other Cereal Products market covers several products that are made from grains, that are not considered bread, pasta, rice, and breakfast cereals, and include items 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.

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Flour
Semolina
Couscous
Bulgur

Bread and cakes
Pasta
Rice
Breakfast Products
Cookies and crackers
Out-of-home consumption

The Other Cereal Products market in Angola has seen moderate growth due to factors such as consumer preference for traditional cereals and limited availability of digital technologies. This has resulted in a subdued growth rate for the market.

Customer preferences: With the growing health consciousness among consumers in Angola, there has been a notable rise in demand for gluten-free and organic options in the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market. This shift towards healthier alternatives is influenced by the rise in awareness about food sensitivities and allergies, as well as the desire for more sustainable and environmentally-friendly products. Additionally, there is a growing trend of incorporating traditional African grains and cereals, such as sorghum and millet, into breakfast and snack products, reflecting a cultural affinity towards local and indigenous ingredients.

Trends in the market: In Angola, the Other Cereal Products Market within the Bread & Cereal Products Market is experiencing a shift towards healthier options, with consumers increasingly seeking out whole grain and gluten-free options. This trend is driven by rising health awareness and concerns about the nutritional value of traditional cereals. As a result, industry stakeholders are investing in research and development to cater to this demand, with the potential to expand their market share and capitalize on the growing health trend. Additionally, with the rise of e-commerce and online shopping in Angola, there is a potential for the Other Cereal Products Market to tap into this trend and reach a wider consumer base.

Local special circumstances: In Angola, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is influenced by the country's geographical location and its diverse cultural traditions. These factors contribute to the demand for specific cereal products, such as sorghum and millet, which are staple foods in many regions of the country. Additionally, market dynamics are also affected by regulatory policies, such as import restrictions on certain cereal products, which create opportunities for local producers to meet the demand.

Underlying macroeconomic factors: The Other Cereal Products Market of the Bread & Cereal Products Market within The Food market in Angola is also impacted by macroeconomic factors such as economic growth, consumer spending, and government policies. The country's economic growth and stability have a direct impact on consumers' purchasing power, which in turn affects the demand for cereal products. Additionally, government policies and regulations related to food production, import/export, and consumer protection also play a significant role in shaping the market. Moreover, global economic trends, such as changes in commodity prices and trade policies, can also influence the performance of the Other Cereal Products Market in Angola.

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.