Key regions: Canada, Spain, South Korea, United States, Japan
The Other Cereal Products Market in Sudan has seen slow growth due to factors such as limited consumer awareness and access to digital technologies. Despite this, rising health consciousness and the convenience of online services are expected to drive market growth in the coming years.
Customer preferences: With the growing popularity of plant-based diets, there has been a rise in demand for alternative cereal products in Sudan. This trend is driven by a shift towards healthier eating habits and concerns over the environmental impact of traditional cereal production. Additionally, there has been an increase in demand for gluten-free and organic cereal options, catering to the preferences of health-conscious and environmentally-conscious consumers. This shift towards alternative cereal products is also supported by the country's growing middle class, who are willing to pay a premium for healthier and more sustainable food options.
Trends in the market: In Sudan, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is experiencing a rise in demand for sorghum-based products, driven by increased consumer awareness of their health benefits. This trend is expected to continue as more consumers seek out gluten-free alternatives and as manufacturers innovate to create a wider variety of sorghum-based products, such as snacks and breakfast cereals. This trend has significant implications for industry stakeholders, as it presents opportunities for growth and diversification in the market. However, challenges may arise in terms of supply chain management and distribution, as sorghum is primarily grown in rural areas and may require investments in infrastructure to reach urban markets. Overall, the trajectory of this trend is expected to be positive, as the demand for healthier and more diverse food options continues to rise in Sudan.
Local special circumstances: In Sudan, the Other Cereal Products Market of the Bread & Cereal Products Market within The Food market is heavily influenced by the country's agricultural sector and traditional food culture. The use of sorghum and millet in various dishes is deeply ingrained in Sudanese cuisine, leading to a high demand for these cereal products. Additionally, government regulations and subsidies play a significant role in shaping the market, with initiatives to promote local production and reduce reliance on imports. These factors create a unique market dynamic that sets it apart from other markets in the region.
Underlying macroeconomic factors: The Other Cereal Products Market within the Bread & Cereal Products Market is impacted by macroeconomic factors such as consumer spending habits, government policies, and global economic trends. Countries with strong economic growth and favorable fiscal policies are experiencing a rise in demand for cereal products due to an increase in consumer purchasing power. Moreover, the growing trend of health-consciousness and preference for convenience foods is driving the demand for healthier and ready-to-eat cereal products, particularly in developed countries. On the other hand, countries with economic instability and limited access to international markets may experience a decline in demand for cereal products due to reduced consumer spending and higher prices for imported goods.
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.
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