The bread market in Croatia, expressed in volume (Million Kilograms), declined from 204.71 in 2013 to 169.77 in 2023. Over the past decade, there were fluctuations with some recovery attempts, but the overall trend is downward. A year-on-year decrease was mostly noted in recent years, with the last two years witnessing a slight decline of less than 1% each year. Over the last five years, the market saw an average annual contraction (CAGR) of 1.22%.
Future trends to watch for may include changes in consumer preferences towards healthier or alternative bread options, potential impacts of economic factors on consumer purchasing power, and shifts in demographics influencing bread consumption patterns. Additionally, any advancements in the bakery industry, including innovation in product offerings, might also affect the market dynamics positively or negatively.
How does Croatia 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% | View data |
| 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 |
| 15 | 15 Greece | 237,900,000 | 2023 | +5.61% | +3.93% | View data |
| 16 | 16 Denmark | 201,520,000 | 2023 | -2.38% | -2.1% | View data |
| 17 | 17 Croatia | 169,770,000 | 2023 | -0.92% | -1.22% | |
| 18 | 18 Finland | 166,050,000 | 2023 | -1.3% | +0.0012% | View data |
| 19 | 19 Lithuania | 102,900,000 | 2023 | -1.26% | -2.15% | View data |