Published on : May 25, 2017
Albany, New York, May 25, 2017: Growing women workforce and long working hours have left little scope for home make bakery items, thus resulting in increased demand for the outdoor convenient option of bakery and cereals product. These factors have resulted in the growth of bakery & cereals sector at the global scale at an incremental rate. Market Research Hub (MRH) has recently added a fresh report titled as “Opportunities in the Global Bakery & Cereals Sector: Analysis of Opportunities Offered by High Growth Economies” to its vast database. This research study has deeply analyzed the market growth and has shown the progression in the sector that is valued at US$478 billion in 2016 and is anticipated to grow continuously. According to the researched analysis, North-America held a leading value share of 28.5% in 2016 and Asia-Pacific is evaluated and forecasted to show highest CAGR growth during 2016-2021.
The report starts with the overview of the bakery & cereals sector for current scenario and future perspective. The global and regional Bakery & Cereals sector overview shows the growth drivers, latest developments, and future inhibitors. The study has also detailed the key challenges and a shift in consumption pattern (2011-2021). Further, the high potential 10 countries are analyzed on the basis of risk-reward (market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure). The main region studied in the report are Asia-Pacific, MEA, North America, Latin America, Western Europe and Eastern Europe, among which the high potential countries including China, Japan, Saudi-Arabia, the U.S, Mexico, Brazil, Chile, Spain, Austria, and Russia.
Moreover, the research study also covers health & wellness analysis at the global and regional level along with the several case studies and the competitive landscape of leading brands by region and market. The key brands featured in the report are baking ingredients, baking mixes, bread & rolls, breakfast cereals, cakes, pastries & sweet pies, cereal bars, cookies (Sweet Biscuits), dough products, energy bars, morning goods, and savory biscuits. The report provides complete information about their market share, business descriptions, and product profiles. The provided report is a thorough fact based analysis with information about the global Bakery & Cereals sector across various regions in terms of value and the underlying factors that are driving the sales. The analysts have played a significant emphasis on the megatrends that drive consumer choice and provide a clear picture about the future opportunities that can be explored across the above-mentioned regions.
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