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.
For more information on the displayed data, click the info button on the right side of each box.
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 Estonia has seen slow growth, influenced by factors such as low consumer awareness and limited availability of online services. This has led to a negligible growth rate in the Bread & Cereal Products Market in the country. However, with increasing adoption of digital technologies and rising health consciousness among consumers, the market is expected to witness significant growth in the future.
Customer preferences: As consumers in Estonia become more health-conscious, there has been a noticeable shift towards alternative and healthier cereal options, such as gluten-free and organic products. This trend is driven by a growing awareness of the benefits of a balanced and nutritious diet. Additionally, there has been an increase in demand for convenient and on-the-go breakfast options, leading to a rise in sales of cereal bars and single-serve cereal packs.
Trends in the market: In Estonia, the Other Cereal Products Market within the Bread & Cereal Products Market is experiencing a shift towards healthier options, such as organic and gluten-free products. This trend is driven by consumer demand for clean label and natural ingredients. Additionally, the market is seeing an increase in online sales and delivery services, as well as innovative packaging solutions to improve shelf life. These trends are significant for industry stakeholders as they strive to meet changing consumer preferences and adapt to a more digital market. Potential implications include the need for product diversification and investment in technology to stay competitive.
Local special circumstances: In Estonia, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's strong agricultural sector and its emphasis on organic and locally-sourced ingredients. This has resulted in a growing demand for specialty and artisanal cereal products, such as muesli and granola, among health-conscious consumers. Additionally, the country's strict food regulations have led to a high level of quality and safety standards in the production and distribution of cereal products, contributing to consumer trust and brand loyalty.
Underlying macroeconomic factors: The Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is also impacted by macroeconomic factors such as changing consumer preferences, government policies, and global trade dynamics. Countries with a growing population and rising disposable income are experiencing higher demand for convenience foods, including other cereal products. Moreover, favorable trade agreements and investments in agriculture infrastructure are also contributing to market growth. However, fluctuations in commodity prices, trade tensions, and economic downturns can have a negative impact on the market.
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