The bread market volume per capita in the UK has exhibited fluctuations over the last decade. From 2012 to 2022, the consumption varied notably, starting at 40.08 kg in 2012, peaking at 47.06 kg in 2017, then showing a declining trend with few exceptions. Over the last two years (2021-2022), the market slightly declined by approximately 0.79%. Observing the Compound Annual Growth Rate (CAGR) from 2017 to 2022, the market decreased at an average annual rate of 3.5%. Forecasts for 2024 suggest a continued slight decline or stagnation in per capita volume.
Future trends to watch include shifts in consumer preferences towards healthier bread alternatives, the impact of economic factors on bread consumption, and the expansion of specialty bread markets, which could influence per capita consumption and overall market dynamics.
Bullet Points:
- Year-on-year variation for 2021-2022 showed a slight decline of 0.79%.
- The average annual decline over the last five years (CAGR from 2017-2022) was approximately 3.5%.
- Future trends may be influenced by consumer health preferences, economic factors, and the specialty bread market.
How does the United Kingdom rank in Bread Market Size Volume Per Capita?
| # | 23 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 77.31 | 2023 | View data | ||
| 2 | 2 Germany | 55.94 | 2023 | View data | ||
| 3 | 3 Portugal | 52.1 | 2023 | View data | ||
| 4 | 4 Romania | 51.79 | 2023 | View data | ||
| 5 | 5 Netherlands | 51.56 | 2023 | View data | ||
| 10 | 10 Czech Republic | 40.79 | 2023 | View data | ||
| 11 | 11 Slovenia | 38.85 | 2023 | View data | ||
| 12 | 12 United Kingdom | 38.69 | 2023 | |||
| 13 | 13 Lithuania | 37.43 | 2023 | View data | ||
| 14 | 14 Estonia | 37.16 | 2023 | View data | ||
