The Greek bread market has exhibited significant fluctuations over the past decade, growing from 113.66 million kilograms in 2013 to 237.9 million kilograms in 2023. Notable growth occurred in 2018 and 2021 with year-on-year increases of 25.47% and 17.07%, respectively. The market experienced a contraction in 2020, decreasing by 8.75% year-on-year due to unforeseen circumstances. From 2021 to 2023, the market steadily advanced, showing a CAGR of 3.93% over the past five years. In 2023, the market stood at 237.9 million kilograms, signifying steady growth in recent years.
Future trends to watch for in the Greek bread market include:
- Shifts in consumer preferences towards healthier and specialty bread options.
- Potential impacts of economic factors on consumer spending and market demand.
- The influence of sustainability trends on packaging and production processes.
- Technological advancements in production and supply chain management.
How does Greece rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | View data |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
| 13 | 13 Hungary | 314,240,000 | 2023 | -0.36% | -0.9% | View data |
| 14 | 14 Bulgaria | 286,230,000 | 2023 | -1.31% | -1.7% | View data |
| 15 | 15 Greece | 237,900,000 | 2023 | +5.61% | +3.93% | |
| 16 | 16 Denmark | 201,520,000 | 2023 | -2.38% | -2.1% | View data |
| 17 | 17 Croatia | 169,770,000 | 2023 | -0.92% | -1.22% | View data |