Italy leads the European market for rusks, biscuits, preserved pastry goods, and cakes with a turnover of 4.34 billion Euros, followed by Germany and Spain. Countries like Austria and Romania have shown considerable growth over the past year at 6.71% and 6.75%, respectively, indicating rising market importance. In contrast, major markets like Germany and France face declines. Over a five-year perspective, the Compound Annual Growth Rate indicates a generally positive trend with markets like Slovenia and Lithuania experiencing significant increases. However, a few markets such as Malta and Serbia experienced negative trends in 2023.
Future trends point towards a steady growth forecast for Eastern European countries, driven by improving economic conditions and rising consumer spending. Western European markets may focus more on innovation and premium products to rejuvenate sluggish growth. Attention to health-oriented products and sustainability will likely influence market dynamics across Europe.
Top countries in Rusks, Biscuits, Preserved Pastry Goods and Cakes Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,340 | 2023 | +1% | +0.74% | View data |
| 2 | 2 Germany | 3,020 | 2023 | -1.88% | -1.13% | View data |
| 3 | 3 Spain | 3,000 | 2023 | +2.99% | +2.7% | View data |
| 4 | 4 France | 2,130 | 2023 | -2.68% | -3.29% | View data |
| 5 | 5 Netherlands | 1,900 | 2023 | +1.71% | +0.98% | View data |
| 6 | 6 Poland | 754.7 | 2023 | +0.23% | +0.66% | View data |
| 7 | 7 Austria | 643.2 | 2023 | +5.89% | +6.71% | View data |
| 8 | 8 Greece | 616.7 | 2023 | +3.18% | +3.63% | View data |
| 9 | 9 Sweden | 526 | 2023 | +2.61% | +3% | View data |
| 10 | 10 Hungary | 420.2 | 2023 | +2.69% | +2.06% | View data |
