Key Market Indicators
Pastry consumption is set to soar over the next five years. In 2020, 212.5 million kilograms were consumed, and this is estimated to grow to 246.4 million kilograms by 2026. This represents an average annual growth rate of 2.3%. Demand for pastries jumped by 5.3% year on year in 2020, with the United Kingdom, Italy and Spain taking the top three spots in the ranking.