Key Market Indicators
The global baked goods market is set to reach €26 billion by 2026, growing at a rate of 1% year on year. In 2020, the market was valued at €24.6 billion. Italy, the UK and France were the second, third and fourth largest markets respectively. German bread imports are set to reach $2.9 billion by 2026, growing at a rate of 1.8% year on year on average. Since 1996, German demand for bread has grown by 4.4% year on year. The UK overtook Germany in 2021 with imports totalling $2.6 billion. The UK, Germany and France respectively ranked second, third and fourth in this ranking. German bread exports are set to reach $4.8 billion by 2026, growing at a rate of 1.5% year on year on average. Since 1996, German supply of bread has increased by 3.8% year on year. Canada, Italy and Belgium respectively ranked second, third and fourth in this ranking.
Bakery Market Data and Forecasts
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