Industry revenue of »manufacture of bread, fresh pastry goods and cakes« in Croatia 2011-2023

The bread, fresh pastry goods and cakes manufacturing revenues in Croatia grew at slow pace between 2011 and 2017, and this trend is expected to continue over the next five years as well. According to estimates by Statista based on data from Eurostat, the market is expected to reach 835.1 million U.S. Dollars by 2023, up from 798.4 million U.S. dollars in 2017.

The U.S. led the global market

Bread is widely consumed as a staple food in Croatia, with the country ranking among the top fifteen globally in terms of per-capita volume sales in 2018. However, in terms of revenue , the country accounted for less than one percent of the global market, mainly due to a much smaller population as compared to larger markets such as the U.S., Japan, Germany and the UK.

Increase in average unit price

Although the average volume per capita of bakery products consumed remained stagnant over the last few years, the corresponding revenue followed an upward trajectory, due to an increase in the average unit price.

For information on over 200 markets in up to 150 countries, please visit Consumer Market Outlook.

Industry revenue of »manufacture of bread, fresh pastry goods and cakes« in Croatia from 2011 to 2023

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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Croatia. The industry “manufacture of bread; manufacture of fresh pastry goods and cakes“ has the code “C1071“.

Details on the methodology can be found here.

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