Key Market Indicators
The global baked goods market is set to reach $3 billion by 2026, growing 1.2% year on year on average since 2020. Italy, the United Kingdom and France respectively ranked 2nd, 3rd, and 4th in this ranking. Austrian bread exports are forecast to reach $798 million by 2026, growing 1.6% annually since 2021. Since 1999, Austrian bread exports have grown 4.1% year on year. Austria ranks 14th in 2021, with Indonesia leading at $723 million. Canada, Italy and Belgium ranked 2nd, 3rd and 4th respectively. Austrian bread imports are anticipated to reach $830 million by 2026, increasing 1.4% year on year since 2021. Since 1999, Austrian bread imports have risen 3.8% year on year. Austria ranks 12th in 2021, with Australia leading at $759 million. The United Kingdom, Germany and France ranked 2nd, 3rd and 4th respectively.