Key Market Indicators
Spanish Cereal Products Sales are projected to climb to roughly €9.9 billion by 2028, up from €9.3 billion in 2023. This marks an average annual growth of 1%. Since 2013, the Spanish market has seen a modest year-on-year increase of 0.4%. In 2023, Spain ranked fifth in cereal product sales, with the United Kingdom slightly ahead at €9.3 billion. Germany, Italy, and the United Kingdom occupied the second, third, and fourth spots, respectively. On the production front, Spanish Cereal Products Production is expected to reach approximately €9.9 billion by 2028, rising from €9.2 billion in 2023. This represents an average annual growth rate of 1.2%. Since 2013, Spanish production has grown at an average annual rate of 0.5%. Similarly to sales, Spain ranked fifth in production in 2023, with the United Kingdom again leading the way at €9.2 billion. Germany, Italy, and the United Kingdom also secured the second, third, and fourth positions in this category.
