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Country Report

Baked goods in

Baked Goods in Lithuania

23 pages, Nov 2018

US$990

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Executive Summary

New Report Guarantee

If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE!

PROSPECTS

Stagnant consumption of baked goods

In 2018, baked goods stagnated in current value terms, with retail volume sales declining, particularly noticeable in bread, cakes and pastries. The ongoing health and wellness trend hampers the growth of these categories.

Shrinking bread sales

Bread holds the highest value share of overall baked goods. In 2018, bread declined in both retail volume and value terms due to the decreasing population and changing consumption habits.

Rising demand for frozen baked goods

Frozen baked goods was the most dynamic performer in 2018, mainly due to convenience and longer consumption life. Increasing urbanisation and hectic lifestyles lead to demand for processed, easy to prepare, convenient products.

COMPETITIVE LANDSCAPE

Fazer Lietuva UAB is innovative leader

Fazer Lietuva UAB continued to rank in the top three players in baked goods in 2018. The company is the undisputed leader in new product launches.

No opportunities for private label

As baked goods is reaching saturation, numerous manufacturers were present in 2018. The main factors driving sales are product innovation and price promotions.

Leader active in new product development

Vilniaus Duona UAB gained value share within baked goods to maintain its leading position in 2018, which is the most prominent in bread. The company has great experience in baking techniques, continuously invests in product development and quality assurance, and therefore is acknowledged by consumers.

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Samples

Baked Goods Market Sample Report Baked Goods Market Sample Data

Overview

Why buy this report?

Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.

Samples: FAQs about samples

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Overview

Discover the latest market trends and uncover sources of future market growth for the Baked goods industry in Lithuania with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Baked goods industry in Lithuania, our research will save you time and money while empowering you to make informed, profitable decisions.

The Baked goods in Lithuania market research report includes:

Analysis of key supply-side and demand trends
Detailed segmentation of international and local products
Historic volumes and values, company and brand market shares
Five year forecasts of market trends and market growth
Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

What is the market size of Baked goods in Lithuania?
What are the major brands in Lithuania?
How will increasingly volatile wheat commodity prices impact retail prices and sales performance?
What are the market opportunities for high fibre products?
Are consumers in developing markets moving from unpackaged/artisanal to packaged/industrial offerings?

Why buy this report?

Gain competitive intelligence about market leaders
Track key industry trends, opportunities and threats
Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Packaged Food market research database.

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Baked Goods in Lithuania - Category analysis

HEADLINES

PROSPECTS

Stagnant consumption of baked goods

Shrinking bread sales

Rising demand for frozen baked goods

COMPETITIVE LANDSCAPE

Fazer Lietuva UAB is innovative leader

No opportunities for private label

Leader active in new product development

CATEGORY DATA

Table 1 Sales of Baked Goods by Category: Volume 2013-2018
Table 2 Sales of Baked Goods by Category: Value 2013-2018
Table 3 Sales of Baked Goods by Category: % Volume Growth 2013-2018
Table 4 Sales of Baked Goods by Category: % Value Growth 2013-2018
Table 5 NBO Company Shares of Baked Goods: % Value 2014-2018
Table 6 LBN Brand Shares of Baked Goods: % Value 2015-2018
Table 7 Distribution of Baked Goods by Format: % Value 2013-2018
Table 8 Forecast Sales of Baked Goods by Category: Volume 2018-2023
Table 9 Forecast Sales of Baked Goods by Category: Value 2018-2023
Table 10 Forecast Sales of Baked Goods by Category: % Volume Growth 2018-2023
Table 11 Forecast Sales of Baked Goods by Category: % Value Growth 2018-2023

Packaged Food in Lithuania - Industry Overview

EXECUTIVE SUMMARY

Global trends and local idiosyncrasies

Demand for convenience and indulgence

Local players lead

Major retail chains lead

Retail volume declines, with the moderate growth in retail value, expected

FOODSERVICE

Foodservice volumes increase due to consumer foodservice growth

Vegan niche to see strong growth

Salary growth creates need for convenience

Category Data

Table 12 Foodservice Sales of Packaged Food by Category: Volume 2013-2018
Table 13 Foodservice Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 14 Forecast Foodservice Sales of Packaged Food by Category: Volume 2018-2023
Table 15 Forecast Foodservice Sales of Packaged Food by Category: % Volume Growth 2018-2023

MARKET DATA

Table 16 Sales of Packaged Food by Category: Volume 2013-2018
Table 17 Sales of Packaged Food by Category: Value 2013-2018
Table 18 Sales of Packaged Food by Category: % Volume Growth 2013-2018
Table 19 Sales of Packaged Food by Category: % Value Growth 2013-2018
Table 20 GBO Company Shares of Packaged Food: % Value 2014-2018
Table 21 NBO Company Shares of Packaged Food: % Value 2014-2018
Table 22 LBN Brand Shares of Packaged Food: % Value 2015-2018
Table 23 Penetration of Private Label by Category: % Value 2013-2018
Table 24 Distribution of Packaged Food by Format: % Value 2013-2018
Table 25 Distribution of Packaged Food by Format and Category: % Value 2018
Table 26 Forecast Sales of Packaged Food by Category: Volume 2018-2023
Table 27 Forecast Sales of Packaged Food by Category: Value 2018-2023
Table 28 Forecast Sales of Packaged Food by Category: % Volume Growth 2018-2023
Table 29 Forecast Sales of Packaged Food by Category: % Value Growth 2018-2023

Megatrends

Country Report

Baked Goods in Lithuania

New Report Guarantee

Executive Summary

New Report Guarantee

PROSPECTS

Stagnant consumption of baked goods

Shrinking bread sales

Rising demand for frozen baked goods

COMPETITIVE LANDSCAPE

Fazer Lietuva UAB is innovative leader

No opportunities for private label

Leader active in new product development

Samples

Overview

Why buy this report?

Samples: FAQs about samples

Want to find out more about this report?

Table of Contents

Baked Goods in Lithuania - Category analysis

HEADLINES

PROSPECTS

Stagnant consumption of baked goods

Shrinking bread sales

Rising demand for frozen baked goods

COMPETITIVE LANDSCAPE

Fazer Lietuva UAB is innovative leader

No opportunities for private label

Leader active in new product development

CATEGORY DATA

Packaged Food in Lithuania - Industry Overview

EXECUTIVE SUMMARY

Global trends and local idiosyncrasies

Demand for convenience and indulgence

Local players lead

Major retail chains lead

Retail volume declines, with the moderate growth in retail value, expected

FOODSERVICE

Foodservice volumes increase due to consumer foodservice growth

Vegan niche to see strong growth

Salary growth creates need for convenience

Category Data

MARKET DATA

SOURCES

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