(Food-Beverage-News.Com, June 17, 2016 ) Bakery products are popular worldwide. Breads and biscuits are the most consumed products, but demand for other bakery items such as cakes, pastries, and cookies is also increasing. The demand for traditional bakery product has deteriorated in the matured markets of Americas, and bakery manufacturers are expanding and experimenting with innovations in products such as whole wheat breads, gluten-free products, and high fiber biscuits. Europe encompasses the largest regional market worldwide, followed by the Americas and APAC. The market has witnessed a rapid growth in developing countries, such as China, Japan, and India.
Technavio’s analysts forecast the global bakery market to grow at a CAGR of 7.04% over the period 2014-2019.
This report covers the present scenario and the growth prospects of the global bakery market for the period 2015-2019. The report further provides data on the following segments of the market: Product type (bread and bread substitutes, biscuits, breakfast cereals, and cakes and pastries) Distribution channel (supermarket, specialty stores, independent store, convenience store, service station, departmental store, and warehouse clubs) Geography (America, EMEA, and APAC)
New report, Global Bakery Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report includes a comprehensive discussion on the market; it also provides an extensive analysis of the geography segmentation and the growth prospect of the market. The report further includes a discussion of the key vendors operating in this market and a comment on the vendors’ product portfolios.
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