From 2013 to 2023, the Cereal Groats and Meal (excluding Wheat) market in Lithuania saw a steady increase in volume per capita, rising from 6.47 kg to 9.07 kg. This represents an increase of 40.2% over the ten-year period. The year-on-year growth for 2022 to 2023 was approximately 1.8%, showing a consistent upward trend. From 2018 to 2023, the compound annual growth rate (CAGR) was 1.99%, reflecting a moderate but steady rise in consumption.
Future trends to watch for include a potential saturation in market growth, as the increase in volume per capita may slow down. Additionally, changes in consumer preferences toward healthier grains and sustainability factors could impact demand and market dynamics.
