Over the last decade, Hungary's wheat bran market has demonstrated fluctuating yet generally positive growth. In 2023, the market volume reached 194.15 million kilograms, marking a 0.71% increase from the previous year. The compound annual growth rate (CAGR) over the last five years was 0.67%, indicating modest but steady market behavior. Notably, the market volumes peaked in 2020, followed by a decline in 2021 but have since stabilized.
Future trends to watch for:
- Increasing demand for health-conscious food, potentially boosting wheat bran consumption.
- Improvements in agricultural technologies enhancing production efficiency.
- Potential impacts of climate change on wheat yields affecting bran availability.
How does Hungary rank in Wheat Bran Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,261,200,000 | 2023 | +2.18% | +1.23% | View data |
| 2 | 2 Spain | 1,355,900,000 | 2023 | +2.09% | +2.11% | View data |
| 3 | 3 Germany | 1,346,700,000 | 2023 | -0.39% | +0.87% | View data |
| 4 | 4 United Kingdom | 1,037,600,000 | 2023 | -0.23% | -0.064% | View data |
| 5 | 5 Poland | 997,850,000 | 2023 | +1.44% | +5.54% | View data |
| 9 | 9 Greece | 209,780,000 | 2023 | -0.44% | -0.44% | View data |
| 10 | 10 Portugal | 208,000,000 | 2023 | -0.83% | -0.092% | View data |
| 11 | 11 Hungary | 194,150,000 | 2023 | +0.71% | +0.67% | |
| 12 | 12 Denmark | 81,780,000 | 2023 | -0.5% | +0.04% | View data |
| 13 | 13 Czech Republic | 71,101,000 | 2023 | -4.03% | -0.16% | View data |