In 2023, France leads the market with €18.83M, followed by Germany at €18.13M, and Italy at €15.01M. Notable variations included a 3.3% increase in Switzerland and a significant 8.32% decrease in Iceland. Over the last five years, varying growth rates highlight shifts in production hubs, with Lithuania showing a remarkable CAGR of 5.64%. Conversely, Greece and Iceland saw notable declines.
Future trends to watch include technological advancements in cereal production, shifts in dietary habits towards healthier options, and the impact of climate change on agricultural yields. Additionally, trade policies and economic conditions will play crucial roles in shaping the market landscape.
Top countries in Cereal Products Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 18.83 | 2023 | +1.96% | +0.97% | View data |
| 2 | 2 Germany | 18.13 | 2023 | +1.06% | -0.26% | View data |
| 3 | 3 Italy | 15.01 | 2023 | +1.01% | +0.75% | View data |
| 4 | 4 United Kingdom | 10.09 | 2023 | +0.75% | +0.9% | View data |
| 5 | 5 Spain | 6.71 | 2023 | +1.67% | +0.52% | View data |
| 6 | 6 Poland | 3.89 | 2023 | +2.17% | +0.39% | View data |
| 7 | 7 Netherlands | 3.84 | 2023 | +1.26% | +1.16% | View data |
| 8 | 8 Belgium | 3.61 | 2023 | +4.58% | +1.17% | View data |
| 9 | 9 Switzerland | 3.44 | 2023 | +3.59% | +3.3% | View data |
| 10 | 10 Austria | 2.18 | 2023 | +1.94% | +1.54% | View data |