(Food-Beverage-News.Com, December 22, 2017 ) The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) Market was worth USD billion in 2016 and estimated to be growing at a CAGR of , to reach USD billion by 2021. Pastries are small buns made using whipped cream — a stiff dough enriched with fat. Some dishes, such as pies, are made of a pastry casing that covers or completely contains a filling of various sweet or savory ingredients. A cake is made with flour & often is made with more than one layer and it rises. And it has icing on it. A pie is a baked dish which is usually made of a pastry dough casing that covers or completely contains a filling of various sweet or savoury ingredients. Pies are defined by their crusts.
The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is driven by the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged Cakes, Pastries and Sweet Pies (Bakery and Cereals)
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, Europe led the global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in terms of market share. The market share in North America has dwindled owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Cakes, Pastries and Sweet Pies (Bakery and Cereals) in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in the following years when compared with the seasoned markets of developed regions
The major players operating in the Global Cakes, Pastries and Sweet Pies industry include Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods
Market Segmentation Category • Introduction • Cakes • Pastries • Sweet Pies • Y-o-Y Growth Analysis, By Category • Market Attracartiveness Analysis, By Category • Market She Analysis, By Category Distribution Channels • Introduction • Bakeries • Supermarkets/Hypermarkets • Convenience Stores • Others • Y-o-Y Growth Analysis, By Distribution Channels • Market Attractiveness Analysis, By Distribution Channels • Market Share Analysis, By Distribution Channels
About Market Data Forecast: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
Contact: Abhishek Shukla Sales Manager (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com
