In 2023, the leading European countries for cereal products turnover were France, Germany, and Italy, with France topping the list at 32.66 billion Euros. Notable year-on-year growth was observed in France (3.38%), Romania (2.63%), Bulgaria (2.94%), and Lithuania (3.17%). Conversely, Switzerland (-0.067%), Denmark (-0.57%), Slovenia (-0.52%), Cyprus (-0.1%), and Iceland (-1.17%) experienced declines. Over the past five years, CAGR variations indicate stable growth trends, although some markets have shown signs of volatility.
Future trends to watch for in the European Cereal Products market include:
- Continued growth in Eastern European countries like Romania and Bulgaria.
- Potential decline or stagnation in traditionally strong markets such as Switzerland and Denmark.
- A shift towards healthier and more diverse cereal products as consumer preferences evolve.
Top countries in Cereal Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 32,660 | 2023 | +7.15% | +3.38% | View data |
| 2 | 2 Germany | 27,900 | 2023 | +1.84% | +0.76% | View data |
| 3 | 3 Italy | 20,060 | 2023 | +0.58% | +0.38% | View data |
| 4 | 4 United Kingdom | 14,820 | 2023 | +1% | +1.1% | View data |
| 5 | 5 Spain | 9,280 | 2023 | +1.43% | +0.4% | View data |
| 6 | 6 Poland | 6,040 | 2023 | +2.51% | +1.07% | View data |
| 7 | 7 Belgium | 5,470 | 2023 | +2.23% | +0.95% | View data |
| 8 | 8 Netherlands | 5,450 | 2023 | +1% | +0.94% | View data |
| 9 | 9 Switzerland | 4,020 | 2023 | -0.52% | -0.067% | View data |
| 10 | 10 Austria | 3,190 | 2023 | +1.68% | +0.47% | View data |
