| Product Code: ETC5076209 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Armenia import trend for the bread market experienced a notable decline from 2023 to 2024, with a growth rate of -18.07%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a positive 9.1%. This decline in import momentum from 2023 to 2024 could be attributed to shifts in consumer preferences, changes in trade policies, or market saturation.
The Bread market in Armenia is projected to grow at a high growth rate of 11.54% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Armenia Bread Market Overview |
3.1 Armenia Country Macro Economic Indicators |
3.2 Armenia Bread Market Revenues & Volume, 2021 & 2031F |
3.3 Armenia Bread Market - Industry Life Cycle |
3.4 Armenia Bread Market - Porter's Five Forces |
3.5 Armenia Bread Market Revenues & Volume Share, By Loaves, 2021 & 2031F |
3.6 Armenia Bread Market Revenues & Volume Share, By Convenience Stores, 2021 & 2031F |
4 Armenia Bread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of consuming whole grain bread |
4.2.2 Growing demand for artisanal and specialty bread varieties |
4.2.3 Rise in disposable income leading to higher spending on premium bread products |
4.3 Market Restraints |
4.3.1 Fluctuating prices of key ingredients such as wheat and yeast |
4.3.2 Intense competition from local bakeries and international bread brands entering the market |
5 Armenia Bread Market Trends |
6 Armenia Bread Market Segmentations |
6.1 Armenia Bread Market, By Loaves |
6.1.1 Overview and Analysis |
6.1.2 Armenia Bread Market Revenues & Volume, By Baguettes, 2021-2031F |
6.1.3 Armenia Bread Market Revenues & Volume, By Rolls, 2021-2031F |
6.1.4 Armenia Bread Market Revenues & Volume, By Burger Buns, 2021-2031F |
6.1.5 Armenia Bread Market Revenues & Volume, By Ciabatta, 2021-2031F |
6.1.6 Armenia Bread Market Revenues & Volume, By Others, 2021-2031F |
6.2 Armenia Bread Market, By Convenience Stores |
6.2.1 Overview and Analysis |
6.2.2 Armenia Bread Market Revenues & Volume, By Specialist Retailers, 2021-2031F |
6.2.3 Armenia Bread Market Revenues & Volume, By Supermarkets and Hypermarkets, 2021-2031F |
6.2.4 Armenia Bread Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.5 Armenia Bread Market Revenues & Volume, By Variety Stores, 2021-2031F |
6.2.6 Armenia Bread Market Revenues & Volume, By Others, 2021-2031F |
7 Armenia Bread Market Import-Export Trade Statistics |
7.1 Armenia Bread Market Export to Major Countries |
7.2 Armenia Bread Market Imports from Major Countries |
8 Armenia Bread Market Key Performance Indicators |
8.1 Consumer satisfaction scores based on product quality and freshness |
8.2 Number of new product launches and innovations in the bread market |
8.3 Percentage of market share held by artisanal and specialty bread products |
8.4 Average price per unit of premium bread products |
8.5 Number of bakeries offering online ordering and delivery services |
9 Armenia Bread Market - Opportunity Assessment |
9.1 Armenia Bread Market Opportunity Assessment, By Loaves, 2021 & 2031F |
9.2 Armenia Bread Market Opportunity Assessment, By Convenience Stores, 2021 & 2031F |
10 Armenia Bread Market - Competitive Landscape |
10.1 Armenia Bread Market Revenue Share, By Companies, 2024 |
10.2 Armenia Bread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |