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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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
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
Most recent update: Nov 2024
Source: Statista Market Insights
Most recent update: Sep 2024
Source: Statista Market Insights
The Other Cereal Products market in Czechia has shown negligible growth, affected by factors such as limited consumer awareness and preference for traditional food choices. However, with the rising trend of health consciousness, online services and digital technologies are expected to drive growth in the near future.
Customer preferences: With the rise of health-consciousness in Czechia, there has been a notable increase in demand for alternative cereal products such as gluten-free and organic options. This trend is driven by the growing interest in healthier and more sustainable food choices among consumers. Additionally, there has been a surge in demand for convenient and on-the-go breakfast options, driven by busy lifestyles and the need for quick and easy meal solutions. This has led to a rise in products such as cereal bars and instant oatmeal, catering to the evolving needs of consumers.
Trends in the market: In Czechia, the Other Cereal Products Market within the Bread & Cereal Products Market is seeing a rise in demand for gluten-free and organic options. This trend is driven by increasing health consciousness and concerns over food allergies and sensitivities. To cater to this demand, industry players are investing in research and development to offer innovative and healthier alternatives. This trend is expected to continue, presenting opportunities for market growth and potential challenges for traditional cereal product manufacturers.
Local special circumstances: In Czechia, the Other Cereal Products market is influenced by the country's traditional cuisine, which includes dishes made from grains such as barley, rye, and buckwheat. This has led to a high demand for local cereal products and has also encouraged the development of innovative products using these grains. Additionally, the country's strict regulations on food labeling and quality control have created a high level of consumer trust, contributing to the growth of the Other Cereal Products market.
Underlying macroeconomic factors: The Other Cereal Products Market of the Bread & Cereal Products Market within The Food market in Czechia is heavily influenced by macroeconomic factors such as consumer preferences, changing dietary habits, and advancements in food technology. As the country's economy continues to grow and consumers become more health-conscious, there has been a shift towards healthier and more convenient food options. Additionally, government policies promoting domestic production and reducing import dependence have also contributed to the market's growth. Moreover, with the rising trend of veganism and plant-based diets, the demand for alternative cereal products is expected to increase in the coming years.
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.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights