Key Market Indicators
The baked goods market is predicted to reach around €558 million by 2026, up 0.2% year-on-year from 2020's €552 million. This marks a slight decrease from the previous year's 0.3% year-on-year growth. Italy, the United Kingdom and France ranked 2nd, 3rd and 4th in the market respectively. Croatian Bread Export is expected to grow 2.5% year-on-year CAGR from 2021's $96 million to $112 million by 2026. Since 1997, the supply of Croatian Bread has increased by 7.1% year-on-year. The country ranked 49th in 2021, with Egypt overtaking it with $95 million. Canada, Italy and Belgium ranked 2nd, 3rd and 4th respectively. Croatian Bread Import is set to reach $216 million by 2026, a 2.4% year-on-year CAGR from 2021's $185 million. Since 1997, the demand for Croatian Bread has jumped by 7.3% year-on-year. The country was number 35 in 2021, with New Zealand overtaking it with $185 million. The United Kingdom, Germany and France respectively ranked 2nd, 3rd and 4th in this ranking.