From 2012 to 2022, the bread market in Italy has shown a gradual decline in market size value, decreasing from 5.3602 billion Euros in 2012 to 4.8538 billion Euros in 2022. The year-on-year variations indicate a fluctuating but predominantly negative trend, with particularly sharp drops in 2016 (-4.21%) and 2019 (-2.36%). However, 2017 noted a brief positive increase of 2.82%. The Compound Annual Growth Rate (CAGR) over the past five years reflects an overall negative trend, with the last five-year CAGR at -1.4%. As of 2023, the market size is evidencing slight contractions, reflective of an overall decreasing trend.
Future trends to watch for in the Italian bread market include emerging consumer preferences for healthier and more artisanal bread options, as well as potential impacts from escalating production costs and supply chain disruptions. There could also be opportunities arising from advancements in bread-making technologies and increasing demand for gluten-free and specialty bread products.
How does Italy rank in Bread Market Size Value?
| # | 24 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 16,414,000,000 | 2023 | +1.33% | +1.12% | View data |
| 2 | 2 United Kingdom | 4,937,100,000 | 2023 | -0.41% | +0.4% | View data |
| 3 | 3 Italy | 4,808,400,000 | 2023 | -0.93% | -1.13% | |
| 4 | 4 Spain | 3,680,100,000 | 2023 | +1% | +0.71% | View data |
| 5 | 5 France | 2,477,800,000 | 2023 | +1.41% | +1.24% | View data |
