The United Kingdom leads European sold production of breakfast cereals and other cereal grain products in 2023, with a strong market position, despite a modest growth rate of 0.89%. Germany, although experiencing a higher growth rate of 4.93%, ranks second. Poland, Italy, and Spain follow, with Italy achieving a notable 6.53% growth, while Spain faces a decline of 5.99%. France shows the steepest decline at -14.25%, contrasting with Lithuania and Norway's impressive growth of 14.74% and 25.19%, respectively. The overall European market presents a mixed landscape with diverse growth rates across countries.
Future trends to watch include:
- Potential market recovery in France if underlying conditions improve.
- Continued robust growth in Eastern European markets like Lithuania and Romania.
- Potential for further innovation and demand in the UK and Germany.
- Impacts of economic conditions and health trends on cereal consumption across Europe.
Top countries in Sold Production of Breakfast Cereals and Other Cereal Grain Products by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,098,300,000 | 2023 | +0.06% | +0.89% | View data |
| 2 | 2 Germany | 1,205,000,000 | 2023 | +2.31% | +4.93% | View data |
| 3 | 3 Poland | 590,590,000 | 2023 | +3.19% | +2.56% | View data |
| 4 | 4 Italy | 407,870,000 | 2023 | +2.2% | +6.53% | View data |
| 5 | 5 Spain | 320,330,000 | 2023 | +0.32% | -5.99% | View data |
| 6 | 6 France | 289,430,000 | 2023 | -5.4% | -14.25% | View data |
| 7 | 7 Netherlands | 205,190,000 | 2023 | +2.63% | +1.35% | View data |
| 8 | 8 Belgium | 141,690,000 | 2023 | +4.09% | +4.71% | View data |
| 9 | 9 Sweden | 136,820,000 | 2023 | +1.62% | +6.63% | View data |
| 10 | 10 Denmark | 132,820,000 | 2023 | +0.96% | +3.22% | View data |