The price of wheat is increasing the cost of bread in 2021, hitting Kenyan household budgets at a time when the price of milk is also rising. Bread is a staple food on almost all breakfast tables in the country, meaning that any price increase is keenly felt. Consequently, consumers are shifting to cheaper, more affordable alternatives like...
Unpackaged baked goods are sold through two types of bakeries in the Philippines: high-end establishments usually located in shopping centres, and community bakeries located near to consumers’ homes. Sales of baked goods as a whole slowed in 2020 as some players such as Goldilocks and Red Ribbon, which sell through their own bakeries located...
In response to the COVID-19 pandemic in 2020, baked goods saw slowed current value and volume growth. The main reason for this was due to consumers baking at home during the main pandemic months, firstly to avoid infection, and secondly due to the extended period they spent at home with not much else to do due to the restrictions. Nonetheless,...
Baked goods exhibits stable growth in 2021. As the initial scare from potential infection from unpackaged goods subsides, consumers are purchasing unpackaged breads, cakes and pastries again, resulting in dynamic growth throughout the category overall. Unpackaged products are often perceived to be much fresher and better tasting than packaged...
Baked goods is seeing slower sales in 2021 as compared to 2020, with last year’s sales boost due to consumers spending more time at home during the COVID-19 pandemic and associated restrictions. However, sales remain in positive figures, albeit with volume showing only a marginal positive growth. This drop is directly attributed to the contrasting...
Algeria continues to suffer from severe economy hardship as a result of the pandemic in 2021. Consumer price sensitivity is rising as a result, and in real terms, value growth is significantly slower than 2020 as consumers trade down, where possible to cheaper products. Volume growth is also set to be below the averages generated over the...
Baked goods maintains decent growth in 2021, following the slight upwards trend seen in 2020 due to consumers spending more time at home during the COVID-19 pandemic and, thus, more snacking occasions. Additionally, baked goods make up a common part of daily diets in Azerbaijan, inclusive and regardless of the pandemic. Therefore, sales are...
Retail volume sales of baked goods will return to negative growth in 2021 after the small spike seen in 2020 thanks to the effects of the pandemic. In addition to the stabilising sales, the effects of stockpiling and channel shifts are starting to revert as life in Serbia begins to normalise. However, some categories within baked goods will...
Last year, using yeast to make bread became a strong trend in Slovakia since it is a popular way to bake bread at home. Given that consumers had an excess of free time during the pandemic baking became more popular and consumers became used to the taste of bread made from yeast. Thus, both artisanal players and major bakeries followed suit...
Of all food staples, baked goods benefitted the least from the pandemic. While current value grew in 2020, it was not as significant an increase as for other food staples. In 2021, current value growth is expected to be on a par with 2020. Baked Goods in Tunisia report offers in-depth knowledge of the market at a national level, providing...