Key Market Indicators
The global baked goods market is predicted to reach €11 billion by 2026, up from €11 million in 2020. This figure represents an average annual growth rate of just 0.1%, after a 2.1% decrease in 2020. Italy, the United Kingdom, and France took the number two, three, and four positions respectively. British bread imports are projected to reach $3.3 billion by 2026, up from $2.9 billion in 2021. This figure represents an average annual growth rate of 1.8%, following a 4.3% increase since 1998. The United Kingdom came in second place in 2021, behind the United States, who had imports of $2.9 billion. Canada, Germany, and France took the number two, three, and four positions respectively. British bread exports are set to reach $1.3 billion by 2026, up from $1.3 billion in 2021. This figure represents an average annual growth rate of 0.9%, following a 2.3% increase since 1998. The country was in tenth place in 2021, behind Mexico, who had exports of $1.3 billion. Canada, Italy, and Belgium took the number two, three, and four positions respectively.
