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Baked Goods in Azerbaijan

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    Report

  • 20 Pages
  • November 2023
  • Region: Azerbaijan
  • Euromonitor International
  • ID: 1607109
While current value sales are expected to increase, constant value sales are expected to fall. Rising costs hit profitability, as inflation is still an issue, though the rises in prices is easing. That being said, volume sales are expected to increase, largely supported by population growth and also that bread is an important staple in the local diet.

The Baked Goods in Azerbaijan report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Bread, Cakes, Dessert Mixes, Dessert Pies and Tarts, Frozen Baked Goods, Pastries.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

  • Get a detailed picture of the Baked Goods market;
  • Pinpoint growth sectors and identify factors driving change;
  • Understand the competitive environment, the market’s major players and leading brands;
  • Use five-year forecasts to assess how the market is predicted to develop.

Table of Contents

BAKED GOODS IN AZERBAIJANKEY DATA FINDINGS
2023 DEVELOPMENTS
  • Fall in constant value sales, as profit margins hit by rising costs
  • Highly-fragmented landscape, with the majority share held by artisanal independents
  • Imported brands have significant value share in cakes and pastries
PROSPECTS AND OPPORTUNITIES
  • Bread continues to be an important part of the daily diet.
  • Increased competition in packaged cakes
  • Growing interest in healthier bread products
CATEGORY DATA
  • Table 1 Sales of Baked Goods by Category: Volume 2018-2023
  • Table 2 Sales of Baked Goods by Category: Value 2018-2023
  • Table 3 Sales of Baked Goods by Category: % Volume Growth 2018-2023
  • Table 4 Sales of Baked Goods by Category: % Value Growth 2018-2023
  • Table 5 NBO Company Shares of Baked Goods: % Value 2019-2023
  • Table 6 LBN Brand Shares of Baked Goods: % Value 2020-2023
  • Table 7 Distribution of Baked Goods by Format: % Value 2018-2023
  • Table 8 Forecast Sales of Baked Goods by Category: Volume 2023-2028
  • Table 9 Forecast Sales of Baked Goods by Category: Value 2023-2028
  • Table 10 Forecast Sales of Baked Goods by Category: % Volume Growth 2023-2028
  • Table 11 Forecast Sales of Baked Goods by Category: % Value Growth 2023-2028
STAPLE FOODS IN AZERBAIJAN
EXECUTIVE SUMMARY
  • Staple foods in 2023: The big picture
  • Key trends in 2023
  • Competitive Landscape
  • Channel developments
  • What next for staple foods?
MARKET DATA
  • Table 12 Sales of Staple Foods by Category: Volume 2018-2023
  • Table 13 Sales of Staple Foods by Category: Value 2018-2023
  • Table 14 Sales of Staple Foods by Category: % Volume Growth 2018-2023
  • Table 15 Sales of Staple Foods by Category: % Value Growth 2018-2023
  • Table 16 NBO Company Shares of Staple Foods: % Value 2019-2023
  • Table 17 LBN Brand Shares of Staple Foods: % Value 2020-2023
  • Table 18 Distribution of Staple Foods by Format: % Value 2018-2023
  • Table 19 Forecast Sales of Staple Foods by Category: Volume 2023-2028
  • Table 20 Forecast Sales of Staple Foods by Category: Value 2023-2028
  • Table 21 Forecast Sales of Staple Foods by Category: % Volume Growth 2023-2028
  • Table 22 Forecast Sales of Staple Foods by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
  • Summary 1 Research Sources