Key Market Indicators
The baked goods market is projected to reach approximately €3.78 billion by 2028, up from €3.60 billion in 2023. This indicates a compound annual growth rate (CAGR) of 0.8% year-on-year. Over the past year, the market saw a modest rise of 0.3%. In the European rankings, Italy, the United Kingdom, and France hold the second, third, and fourth positions, respectively. Polish bread exports are expected to climb to $2 billion by 2028, up from $1.75 billion in 2023, reflecting an average annual growth rate of 2.2%. Notably, since 1999, Poland’s bread supply has remained stable, showing no annual decline. On the import side, Polish bread imports are anticipated to increase to $341 million by 2028, compared to $325 million in 2023. This represents a CAGR of 0.7% year-on-year. However, since 1999, Polish demand for imported bread has decreased by 5.7% annually.
