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 Northern Europe has shown negligible growth due to various factors, including low consumer awareness and limited availability of online services. However, with the increasing adoption of digital technologies and rising health consciousness, the market is expected to experience significant growth in the near future.
Customer preferences: In Northern Europe, there has been a growing demand for alternative and sustainable protein sources, driven by health and environmental concerns. This has led to an increase in the consumption of plant-based cereal products, such as quinoa, amaranth, and buckwheat. Additionally, there has been a rise in demand for gluten-free options, as more consumers are opting for gluten-free diets for various health reasons. This trend is expected to continue as consumers become more health-conscious and environmentally aware.
Trends in the market: In Northern Europe, there is a growing demand for healthier and more sustainable options in the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market. This has led to an increase in gluten-free, organic, and plant-based cereal products. Additionally, there is a rising trend of using ancient grains, such as quinoa and amaranth, in cereal products. These trends reflect a shift towards a more health-conscious and environmentally-friendly diet among consumers, which presents opportunities for industry stakeholders to innovate and cater to this growing market segment.
Local special circumstances: In Northern Europe, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is influenced by the region's strong focus on health and sustainability. Consumers in this market prioritize locally-sourced, organic, and gluten-free options, leading to the proliferation of small-scale producers and artisanal cereal products. Additionally, strict regulations on food labeling and ingredients drive innovation and quality in this market, making it highly competitive for larger companies.
Underlying macroeconomic factors: The Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is affected by macroeconomic factors such as consumer spending habits, trade policies, and fluctuations in agricultural production. Countries with a stable economy and a growing middle class are likely to experience higher demand for cereal products, while countries with trade barriers and limited agricultural resources may see slower market growth. Furthermore, changing consumer preferences towards healthier and more convenient food options are also impacting market performance, driving the demand for cereal products with added health benefits and innovative packaging.
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