Bakery products in Germany / [prepared by Ranna Bernard]. : A74-3/2016-62E-PDF

“Germany is ranked the 5th largest bakery market in the world and is the largest in the EU, closing with US$16.5 billion worth of value sales in 2015. Despite the market's maturity, the sector continues to experience positive growth, with a compound annual growth rate (CAGR) of 1.5% from 2010 to 2015. Germany’s total imports of bakery products* was worth US$2 billion in 2015. The top bakery suppliers were Poland, Netherlands, and Italy together accounting for 43% of Germany’s imports. Alternatively, Canada only accounts for 0.01% of Germany’s imports, with import sales of US$150,016.0 in 2015. As the 4th largest import market, Germany’s bakery sector is heavily domestic and highly competitive. However, there are potential opportunities for Canadian bakery products, specifically in the bread substitutes, health and wellness, and other packaged bakery products subcategories such as veggie breads”--Executive summary, p. 1.

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