In 2023, the European market for cereal germs showed significant variability across different countries. Italy led the market with a substantial value, despite a slight decline. Lithuania experienced the most considerable growth with a near-doubling of its production. Spain and the UK faced declines, with Spain's production down slightly and the UK's plummeting significantly. Conversely, Hungary, Germany, and smaller markets like Finland displayed positive growth. France maintained stable progress, while Romania and Belgium experienced modest increases. Serbia saw a notable contraction in production.
Looking ahead, emerging trends include the potential expansion in Nordic countries, driven by Finland's rapid growth, and increased production efficiency in Eastern Europe, suggesting upward momentum in these regions. Sustainability and innovation might also play crucial roles in shaping future production dynamics within the industry.
Top countries in Sold Production of Whole, Rolled, Flaked or Ground Cereal Germs by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 53,568,000 | 2023 | +3.48% | -1.39% | View data |
| 2 | 2 Lithuania | 24,262,000 | 2023 | +7.36% | +67.9% | View data |
| 3 | 3 Spain | 18,217,000 | 2023 | +0.076% | -4.1% | View data |
| 4 | 4 Hungary | 5,985,100 | 2023 | +6.33% | +51.47% | View data |
| 5 | 5 United Kingdom | 5,723,600 | 2023 | -33.4% | -23.65% | View data |
| 6 | 6 France | 5,491,100 | 2023 | +15.46% | +3.96% | View data |
| 7 | 7 Germany | 3,103,600 | 2023 | +3.85% | +8.78% | View data |
| 8 | 8 Romania | 3,026,500 | 2023 | +3.86% | +7.77% | View data |
| 9 | 9 Belgium | 1,089,700 | 2023 | +2.34% | +7.5% | View data |
| 10 | 10 Serbia | 721,810 | 2023 | -3.82% | -10.95% | View data |
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