In 2023, the United Kingdom led the European sold production of breakfast cereals and other cereal grain products with a significant share, followed by Germany and Poland. Notable growth was observed in countries such as Norway, with a 25.19% increase, and Austria, marking an 11.09% rise. In contrast, France and Spain experienced declines of 14.25% and 5.99%, respectively, indicating challenges in these markets.
Projected trends for 2024 suggest economic and consumption changes that could impact these shares, with potential growth in Eastern Europe driven by increasing demand and innovations in healthier breakfast options. Watch for:
- Rising health-conscious trends influencing cereal formulations.
- Potential shifts in market leadership as Eastern European countries continue their upward trends.
- Economic factors affecting discretionary spending on breakfast cereals across different regions.
Top countries in Sold Production of Breakfast Cereals and Other Cereal Grain Products Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 35.13 | 2023 | +0.06% | +0.89% | View data |
| 2 | 2 Germany | 20.17 | 2023 | +2.31% | +4.93% | View data |
| 3 | 3 Poland | 9.89 | 2023 | +3.19% | +2.56% | View data |
| 4 | 4 Italy | 6.83 | 2023 | +2.2% | +6.53% | View data |
| 5 | 5 Spain | 5.36 | 2023 | +0.32% | -5.99% | View data |
| 6 | 6 France | 4.85 | 2023 | -5.4% | -14.25% | View data |
| 7 | 7 Netherlands | 3.44 | 2023 | +2.63% | +1.35% | View data |
| 8 | 8 Belgium | 2.37 | 2023 | +4.09% | +4.71% | View data |
| 9 | 9 Sweden | 2.29 | 2023 | +1.62% | +6.63% | View data |
| 10 | 10 Denmark | 2.22 | 2023 | +0.96% | +3.22% | View data |
