Between 2013 and 2023, the cereal flours market in Spain (excluding wheat or meslin) decreased from 120.74 million euros to 97.019 million euros. The market experienced several fluctuations, notably a reduction of over 11% in 2017, followed by a steady decline in subsequent years. The compound annual growth rate (CAGR) over the last five years was -0.8%, reflecting the market's contraction. The year-on-year decrease in 2023 was 1.37%, indicative of continued market challenges.
Looking ahead, future trends to observe include potential impacts from evolving consumer preferences towards alternative grains and health-driven dietary trends. Additionally, sustainability and local sourcing practices could influence market dynamics, potentially slowing the decline or stabilizing the market further.
How does Spain rank in Cereal Flours (excluding wheat or meslin) Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 326,610,000 | 2023 | -2.85% | -2.63% | View data |
| 2 | 2 Germany | 253,290,000 | 2023 | +0.5% | +0.91% | View data |
| 3 | 3 Poland | 132,380,000 | 2023 | +2.87% | +5.27% | View data |
| 4 | 4 Spain | 97,019,000 | 2023 | -1.37% | -0.8% | |
| 5 | 5 Greece | 87,269,000 | 2023 | +1.72% | +1.68% | View data |
| 6 | 6 Romania | 71,515,000 | 2023 | -1.42% | -0.84% | View data |
