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Industry revenue of »retail sale of bread, cakes, flour confectionery« in Croatia 2011-2023

Over the past few years, the demand for bread and related products have witnessed a rise in majority of the European countries including Croatia, owing to the innovations in flavors, growing nutritional value and a low price range. Additionally, modern living has made life a lot faster and limited the time for cooking fresh food, which has further fuelled their popularity. In fact, Bread is widely consumed as a staple food in Croatia, and the country was ranked amongst the top 15 globally in terms of per-capita volume sales in 2018. Therefore, it isn’t surprising to see that revenues from the retail sale of bread cakes and flour confectionery are forecast to grow steadily from 39.8 million U.S. dollars 54.4 million U.S. dollars by 2023. Moreover, the rise of private label bread brands in leading supermarkets chains such as Lidl and SPAR have also augured well for the industry.

Mlinar launches first store in Finland

Croatia’s largest bakery, Mlinar, is on the road to expansion, after launching a new store in Lahti, Finland, an hour away from the capital city of Helsinki. The bakery has already launched stores in Switzerland, Germany, Sweden, and Slovenia in the past couple of years.

Industry revenue of »retail sale of bread, cakes, flour confectionery« in Croatia from 2011 to 2023

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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 “retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores“ has the code “G4724“.

Details on the methodology can be found here.

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