Other Cereal Products - Bosnia and Herzegovina

Revenue in the Other Cereal Products market amounts to US$131.40m in 2024. The market is expected to grow annually by 3.51% (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$41.12 are generated in 2024.
In the Other Cereal Products market, volume is expected to amount to 53.26m kg by 2029. The Other Cereal Products market is expected to show a volume growth of 1.3% in 2025.0.
The average volume per person in the Other Cereal Products market is expected to amount to 15.6kg 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 Bosnia and Herzegovina is experiencing slow growth due to factors such as lack of awareness and limited access to digital technologies. Despite this, the convenience of online health services is gradually driving the market towards growth.

Customer preferences: As consumers in Bosnia and Herzegovina become more health-conscious, there has been a noticeable increase in demand for gluten-free and organic cereal products. This trend is influenced by a growing awareness of the benefits of a healthy diet and the availability of alternative cereal options in the market. Additionally, the rise in disposable income and busy lifestyles have led to a preference for convenient and nutritious breakfast options, driving the growth of the Other Cereal Products Market.

Trends in the market: In Bosnia and Herzegovina, the Other Cereal Products market is experiencing a shift towards healthier and more diverse options, with a growing demand for gluten-free and organic products. This trend is driven by increasing health consciousness and a rise in disposable income. As a result, companies are expanding their product offerings and investing in marketing strategies to capture this growing segment. This trend is expected to continue, with potential implications for industry stakeholders such as increased competition and the need for innovation in product development. Additionally, there is a growing trend of online shopping for food products, presenting opportunities for companies to tap into the e-commerce market.

Local special circumstances: In Bosnia and Herzegovina, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is influenced by the country's rich agricultural history and diverse cultural influences. Traditional grains like wheat, corn, and barley are staple ingredients in many local dishes, while the rise in health-conscious consumers has led to an increase in demand for gluten-free and organic cereal products. Additionally, government initiatives to promote local agriculture and support small-scale producers have contributed to the growth of the market.

Underlying macroeconomic factors: The Other Cereal Products Market within the Bread & Cereal Products Market in Bosnia and Herzegovina is influenced by various macroeconomic factors. These include the country's economic stability, inflation rates, and fiscal policies. Additionally, global economic trends, such as changes in consumer preferences and buying habits, can also impact the market performance. Furthermore, investment in the country's agricultural sector and infrastructure, as well as government support for the food industry, can play a significant role in shaping the growth of the Other Cereal Products Market. Finally, the growing demand for healthy and convenient food options among the population is likely to drive the market's growth, as well as the increasing trend of incorporating traditional and locally-sourced ingredients in food products.

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.