The bread market in Spain showed considerable fluctuations over the years, with an initial decline from 2012 to 2013, followed by a mix of moderate increases and decreases. From 2012 to 2016, the market experienced an average annual change, but a notable surge occurred in 2017 with a 22.46% increase. This was followed by a small dip in 2018, then a generally stable upward trend up to 2022. The five-year CAGR from 2018 to 2022 averaged at 0.78%, indicating moderate growth.
Looking toward the future, projected data for 2024 suggests continued modest growth, building on the incremental rises from recent years. Key trends to watch for include potential shifts in consumer preferences towards healthier bread options and the impact of economic factors such as inflation and supply chain logistics on the bread market volume.
How does Spain rank in Bread Market Size Volume?
| # | 23 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,639,200,000 | 2023 | -0.6% | -0.44% | View data |
| 2 | 2 United Kingdom | 2,629,200,000 | 2023 | -0.35% | -0.49% | View data |
| 3 | 3 Spain | 2,022,900,000 | 2023 | +1.64% | +1.48% | |
| 4 | 4 France | 1,165,300,000 | 2023 | +0.36% | -0.45% | View data |
| 5 | 5 Poland | 1,123,000,000 | 2023 | -5.58% | -5.07% | View data |
