The European cereal market in 2023 showed France as the leader, boasting significant turnover, followed closely by Germany and Italy. Switzerland and Denmark experienced minor contractions while France, Romania, Bulgaria, Lithuania, and Estonia saw the highest growth percentages, indicating strong positive trends. Iceland saw the steepest decline.
For 2024, market dynamics suggest a continued dominance by France, Germany, and Italy, with Eastern European countries contributing an increasing share due to emerging markets. Forecasts predict modest growth across most regions, driven by local production expansions and increased consumer demand for diverse cereal offerings.
- France, Germany, and Italy dominate market turnover.
- Eastern Europe, especially Romania and Bulgaria, shows strong growth.
- Iceland records a significant decline.
- Future trends include incremental growth and emerging market contributions.
Top countries in Cereal Products Turnover Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 21.57 | 2023 | +7.15% | +3.38% | View data |
| 2 | 2 Germany | 18.43 | 2023 | +1.84% | +0.76% | View data |
| 3 | 3 Italy | 13.25 | 2023 | +0.58% | +0.38% | View data |
| 4 | 4 United Kingdom | 9.79 | 2023 | +1% | +1.1% | View data |
| 5 | 5 Spain | 6.13 | 2023 | +1.43% | +0.4% | View data |
| 6 | 6 Poland | 3.99 | 2023 | +2.51% | +1.07% | View data |
| 7 | 7 Belgium | 3.61 | 2023 | +2.23% | +0.95% | View data |
| 8 | 8 Netherlands | 3.6 | 2023 | +1% | +0.94% | View data |
| 9 | 9 Switzerland | 2.66 | 2023 | -0.52% | -0.067% | View data |
| 10 | 10 Austria | 2.11 | 2023 | +1.68% | +0.47% | View data |
