Baked Goods

The easing of pandemic-related restrictions significantly benefitted demand for baked goods in 2022, particularly for unpackaged cakes as the number of social events picked up over the year. To leverage this opportunity, a prominent local bakery…

Although grocery retailers and bakeries were not affected by pandemic-related restrictions in Brazil, local consumers preferred to purchase packaged bread to stock for an extended number of days, which reduced the need to make several visits to…

Convenience and variety in flavour remain central themes for baked goods in Australia as local consumers continue to prepare a greater proportion of meals at home and search for low-cost convenience foods to achieve this. Convenience remains key for…

In terms of packaged baked goods, leavened bread, cakes and pastries are set to see retail current value growth in 2022, with the most dramatic growth expected for packaged pastries. Although lifestyles are returning to pre-pandemic patterns, such as…

Having declined in 2021, Retail constant value sales (2022 prices) of baked goods rebounded in 2022. However, this was driven by a surge in unit pricing that was part of a wider inflationary wave—retail volume sales exhibited a decline during the…

Sales of baked goods remained relatively resilient in 2022 despite the high unit price inflation that was seen in the category during the year. The main reason that sales of bread stood firm in the face of pressure due to rising unit prices is that…

With COVID-19 appearing to be under control and foodservice outlets once again operating normally, baked goods sales through foodservice are recovering. Consumers are willing and able to eat out now. Moreover, people now need to work away from home…

Baked goods continued to register positive volume growth in both the retail and foodservice channels during 2022 as the key category of unpackaged leavened bread continued to benefit from rising demand. The particularly positive performance seen in…

Packaged flat bread remained the strongest performer in baked goods in Italy in 2022 in current value terms. This type of product became more appealing during the COVID-19 crisis, partly due to the fact that it was seen as more hygienic than…

Baked goods consumption is decreasing in Belgium in 2022, with volume sales set to record a decline despite current retail value growth. Following the outbreak of COVID-19, the health and wellness trend grew, as consumers became increasingly…

Baked goods recorded decline in volume sales terms in 2022 due largely to the significant increase in unit prices, as well as reduced consumer spending power caused by inflation in the economy. The sharp unit price increase inevitably benefited value…

Towards the end of the review period, a major shift was seen in the retail distribution of baked goods as markets, hypermarkets and convenience stores gained ground in the category, largely at the expense of food,/drink/tobacco specialists and small…

Cameroon has not been as affected by the energy crisis stemming from the war in Ukraine as much as other countries, as rising global energy prices in 2022 are giving a boost to government coffers and helping stabilise the economy. All the same,…

The price of baked goods began to rise in 2021 with this trend gathering further momentum in 2022. These rises were driven by a variety of causes, including a devaluation of the local currency against the dollar, rising electricity rates, the…

Baked goods and bread saw increasing sales during COVID-19 restrictions, with consumers in Finland spending more time in the household, eating breakfast and lunches. Having meals and snacks within the home has continued in 2022, however, retail…

Baked goods are expected to register an increase in current value sales in 2022, though retail volume growth is expected to be more muted. However, unlike many other countries, Bolivia is not experiencing high inflation as a result of the energy…

Tortillas, reported under flat bread, have observed consistent price increases since 2020 and this is seen as a significant issue given this product is the main staple for Mexican consumers. For the poorest consumers in the country tortillas are…

While it is set to decline slightly in retail volume terms in 2022, baked goods in Japan is expected to see strong retail current value growth, mainly due to unit price increases. Most of the major players in baked goods in Japan raised the shipping…

Baked goods in Guatemala are almost entirely accounted for bread, which is an important staple in Guatemalan diet. In 2022, retail sales saw positive volume growth, following the flat performance of the previous year. Reduced levels of purchasing…

Baked goods is set to see growth in both foodservice and retail volume terms in Chile in 2022, although much of this growth will be a continued rebound from the poor performance during the first year of the pandemic in 2020. Chile is the country in…