The German market for rusks, biscuits, preserved pastry goods, and cakes is showing a gradual decline in turnover forecasts from 2024 to 2028. In 2023, the turnover was valued at approximately 3.02 billion Euros. Forecasted data reveals a year-on-year decreasing trend, starting from 2.96 billion Euros in 2024 down to 2.73 billion Euros by 2028. This reflects a compound annual growth rate (CAGR) showing a consistent decrease over these years.
Future trends to watch for:
- Consumer preference shifts towards healthier or alternative snack options could further impact these traditional baked goods.
- The potential impact of sustainability and packaging innovations on consumer purchasing decisions.
- Exploration of market expansion or diversification by companies to mitigate declining traditional sales.
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