Market Insights Consumer Food Bread & Cereal Products

Bread - Spain

Spain

Revenue in the Bread market amounts to €5.34bn in 2024. The market is expected to grow annually by 3.13% (CAGR 2024-2029).
In global comparison, most revenue is generated in China (€74bn in 2024).
In relation to total population figures, per person revenues of €112.50 are generated in 2024.
In the Bread market, volume is expected to amount to 1.58bn kg by 2029. The Bread market is expected to show a volume growth of 1.7% in 2025.
The average volume per person in the Bread market is expected to amount to 31.6kg in 2024.

Key regions: India, United States, Japan, United Kingdom, China

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Comparación de regiones

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Analyst Opinion

The Bread market in Spain has seen minimal growth due to various factors including a decrease in bread consumption, rising health consciousness, and increased competition from alternative food products. This has resulted in a stagnant growth rate for the Bread & Cereal Products market within the wider Food market.

Customer preferences: As the Spanish population continues to prioritize convenience and health, there has been a notable increase in demand for gluten-free and organic bread options. This trend is driven by a growing health consciousness and a shift towards sustainable and clean eating habits. Additionally, the rise of e-commerce and online grocery shopping has made it easier for consumers to access a wider variety of bread choices, including artisanal and international options.

Trends in the market: In Spain, the Bread Market within the Bread & Cereal Products Market is experiencing a surge in demand for healthier options as consumers become more health-conscious. This trend is driving the introduction of organic and gluten-free bread varieties, as well as breads made with ancient grains like quinoa and spelt. Additionally, there is a growing preference for artisanal and locally-sourced breads, reflecting a desire for more authentic and sustainable products. These trends are expected to continue and could have significant implications for industry players, who may need to adapt their product offerings and marketing strategies accordingly.

Local special circumstances: In Spain, the Bread Market within the Bread & Cereal Products Market is heavily influenced by the country's strong cultural tradition of bread consumption, with regional variations in ingredients and baking techniques. Additionally, the government's strict regulations on food labeling and production standards play a significant role in shaping the market. The country's diverse landscape and climate also contribute to the availability of different types of grains and flours, leading to a wide variety of bread products.

Underlying macroeconomic factors: The Bread Market in Spain is influenced by macroeconomic factors such as consumer spending, population growth, and government policies. A stable national economy and rising disposable income have led to an increase in demand for bread and cereal products, driving market growth. Additionally, government initiatives promoting healthy eating habits and investing in food security have also contributed to the market's performance. However, the market is also impacted by global economic trends, such as fluctuations in grain prices and trade policies, which can affect the availability and cost of ingredients for bread production. Overall, the market is expected to continue growing, driven by favorable macroeconomic conditions and increasing consumer awareness about the benefits of whole grain products.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.