European Cereal Products Trends in 2024
Cereal Products is part of Processed Food and includes a number of sub-sectors such as Pasta, Pastry, Bakery and Flour. You may also be interested in Meat, Confectionery and Edible Oil.
European Cereal Products Sales are projected to reach approximately €162 billion by 2028, up from around €151 billion in 2023. This growth represents a compound annual growth rate (CAGR) of 1.4%. Since 2019, the European market has seen a yearly increase of 1.3%. In 2023, France led the continent in cereal product sales, generating about €33 billion. Germany, Italy, and the United Kingdom followed in second, third, and fourth places, respectively. France's sales surged by 3.4% year-on-year, while Iceland experienced a decline of 1.2% annually since 2019. On the production front, European Cereal Products are expected to hit €145 billion by 2028, up from €137 billion in 2023, reflecting an annual growth rate of 1.1%. Since 2019, the supply has increased by 0.7% annually. France also topped the production rankings in 2023, with outputs valued at approximately €26 billion. Germany, Italy, and the United Kingdom ranked second, third, and fourth, respectively. Notably, Lithuania's production grew by 5.6% year-on-year, while Iceland's production decreased by 8.3% annually since 2019.
Top 7 countries
In 2024 major markets in the Cereal Products Industry were:
World Cereal Products Market Data and Forecasts
How much the Cereal Products industry is expected to grow to 2028?
World Cereal Products Top Rankings
Global Cereal Products Statistics
- Flour Import 218 countries (Asia, Europe, Western Europe...)
- Flour Export 238 countries (Asia, Europe, Western Europe...)
- Pastry Import 218 countries (Asia, Europe, Africa...)
- Pastry Export 238 countries (Asia, Europe, Africa...)
- Breakfast Cereal Import 215 countries (Asia, Europe, Africa...)
- Pasta Import 221 countries (Asia, Africa, Sub-Saharan Africa...)
- Breakfast Cereal Export 235 countries (Asia, Europe, Africa...)
- Pasta Export 238 countries (Asia, Africa, Europe...)
- Bread Import 209 countries (Asia, Europe, Middle East...)
- Bread Export 234 countries (Asia, Europe, Middle East...)
