Key Market Indicators
German cereal products sales are projected to reach €30 billion by 2028, up from €28 billion in 2023. This growth represents an average annual increase of 1.3%. Over the past decade, the German market has grown at an annual rate of 0.8%. In 2023, Germany ranked second in cereal product sales, with France taking the lead at €28 billion. Following Germany in the rankings were Italy and the United Kingdom, in third and fourth places, respectively. On the production side, German cereal products output is expected to hit €26 billion by 2028, rising from €25 billion in 2023. This indicates an average annual growth rate of 0.8%. However, since 2013, the country's supply has seen a slight annual decline of 0.3%. Germany was also ranked second in production in 2023, with France again leading at €25 billion. Italy and the United Kingdom followed Germany in the third and fourth spots, respectively.
