Key Market Indicators
The baked goods market is projected to reach €13.1 billion by 2028, up from €12.3 billion in 2023, reflecting an average annual growth rate of 1.1%. This follows a 2% year-on-year increase in recent years. Italy, the United Kingdom, and France hold the second, third, and fourth spots respectively in market rankings. In Italy, bread imports are expected to climb to $1.2 billion by 2028, rising from $1.1 billion in 2023. This represents a compound annual growth rate (CAGR) of 1.6%. Since 1999, Italian demand for imported bread has grown by 2.2% annually. On the export side, Italian bread is set to reach $3.1 billion by 2028, up from $2.8 billion in 2023. The sector is growing at an average yearly rate of 1.8%. Since 1999, Italian bread exports have seen a 2.3% annual increase.
Latest reports
Italy Bakery Market Report- Q1 2025
In Q1 2025, the Italian bakery market experienced significant international expansion, marked by strategic acquisitions that aim to tap into new markets, particularly...
Italy Bakery Market Report- Q4 2024
The Italian bakery market in Q4 2024 is experiencing a dynamic shift characterized by technological advancements, sustainability trends, and evolving consumer preferences. Despite...
