Forecast: Cereal Products Turnover in Germany

The cereal products turnover in Germany exhibited fluctuations from 2013 to 2023, with a notable growth spurt in 2018. The highest turnover recorded was in 2023, reaching 27.9 billion euros. The period from 2018 to 2023 witnessed an average annual growth rate (CAGR) of 3.95%, characterized by consistent year-on-year increases, particularly from 2020. The forecasted period from 2024 to 2028 indicates a slower annual growth rate (CAGR) of 1.34%, with the turnover expected to rise gradually to 30.35 billion euros by 2028.

Future trends to watch for:

  • Continued moderate growth in cereal products turnover.
  • Potential impact of health trends and consumer preferences shifting towards healthier or alternative cereals.
  • Influence of environmental and sustainability practices on production and sales.

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