The Cereal Groats and Meal market (excluding Wheat) in the Czech Republic showed a decline in per capita consumption from 2013 to 2023. Starting at 0.67 kg in 2013, it gradually decreased to 0.6 kg by 2023. Recent years indicate a reduction of about 1.61% annually from 2022 to 2023 and about 1.27% year-on-year from 2021 to 2022. Over the last five years, the average CAGR has been a decline of approximately 0.65% annually, indicating a consistent negative trend.
Future trends to watch for include:
- Potential dietary shifts towards wheat alternatives or other grains that could influence demand.
- Health trends promoting gluten-free or alternative grains might revive interest.
- Impact of any economic changes, such as price fluctuations or changes in consumer income.
- Potential innovations in cereal products that could diversify consumer choices and demand.
