Opportunities in the Asia-Pacific Bakery & Cereals Sector: Analysis of Opportunities Offered by High growth Economies
NEW YORK, Aug. 1, 2017 /PRNewswire/ -- Opportunities in the Asia-Pacific Bakery & Cereals Sector: Analysis of Opportunities Offered by High growth Economies
Summary
Global Bakery & Cereals (B&C) sector was valued at US$477,950.4 Million in 2016 and is forecast to record a CAGR of 3.4% during 2016-2021 to reach US$565,588.3 Million by 2021. Asia-Pacific is the third largest region in the global B&C sector with a value share of 20.1% in 2016, and is forecast to register the fastest value and volume CAGRs of 6.7% and 6.2%, respectively, during 2016-2021. Growing demand for Western Foods, rising disposable incomes, busy lifestyles, and rising preference for convenient and healthy breakfast/snacks drive the growth of B&C sector in the Asia-pacific region.
Read the full report: http://www.reportlinker.com/p05001704/Opportunities-in-the-Asia-Pacific-Bakery-Cereals-Sector-Analysis-of-Opportunities-Offered-by-High-growth-Economies.html
Asia-Pacific is the third largest B&C market in the world, accounting for US$95,834.5 Million in 2016, and is forecast to reach US$132,392.8 Million in 2021. Cakes, Pastries & Sweet Pies is the largest market within the sector, accounting for US$30,816.4 (32.2% of the overall B&C sector ) in 2016, and is expected to reach US$44,633.1 Million in 2021, growing at the highest CAGR of 7.7%. At a country level, China alone accounts for 36.4% of this market, followed by Japan at 33.8%. In volume terms, China is again the largest market with a 31.9% share, followed by India at 25.4% share in 2016.
Health & Wellness market stood at US$8,202.2 Million in 2016, contributing 8.6% of the overall Asia-Pacific Bakery & Cereals sector. Among the high potential countries, Japan and Australia are the largest markets, accounting for US$2,300.3 Million and US$1,426.7 Million in 2016, while China and Singapore are forecast to witness the highest CAGRs of 9.0% and 7.9% during 2016-2021. Furthermore, Singapore has the highest share of H&W products at 25.4% of the overall B&C sector within the country.
Hypermarkets & Supermarkets was the mode of choice in the Asia-Pacific B&C sector, amounting to 43.5% of overall B&C sales, followed by Food & Drinks Specialists with a 33.4% share in 2016. Among the high potential countries, Japan has the highest share of Hypermarkets & Supermarkets with a 61.2% share, followed by Australia and Singapore with shares of 57.9% and 56%, respectively, in 2016. China has a relatively low share of 29.5% of Hypermarkets & Supermarkets, as consumers shop from local stores for B&C products such as Savory Biscuits and Breads & Rolls on a daily basis.
Overall Bakery & Cereals sector in the Asia-Pacific region is fragmented with the top five brands - Yamazaki, Pasco, Oreo, Parle-G, Fuji- accounting for 9% in 2016. Private label held a 6.5% share in the overall B&C sector, with good growth across markets.
The report "Opportunities in the Asia-Pacific Bakery & Cereals Sector" brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Bakery & Cereals sector (B&C).
In depth, this report provides the following analysis -
- Market overview: Includes sector size, market size, and growth analysis by markets.
- Change in consumption: Provides a shift in the consumption of Bakery & Cereals by markets across different countries in the Asia-Pacific region.
- Countries analysis: Provides Risk-Reward analysis of four countries in Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Bakery & Cereals sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Bakery & Cereals in 2016. It also covers the market share of leading companies offering Bakery & Cereals with health and wellness attributes in the same year.
- Brand Analysis: Provides an overview of leading brands in Asia-Pacific region, besides analyzing the growth of private label in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the Asia-Pacific Bakery & Cereals sector in 2016. It covers seven distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, Cash & Carries and Warehouse Clubs, "Dollar Stores," Variety Stores & General Merchandise Retailers, and Others that include Department Stores, Drug stores & Pharmacies, Vending Machines, and Other Retailers
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Bakery & Cereals.
Companies mentioned in this report: Yamazaki Baking, Kellogg's, Pasco Shikishima, Parle Products, Orion Confectionary, Mondelz International, Goodman Fielder, Fuji Baking, Campbell Soup, Britannia Industries.
Scope
This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Bakery & Cereals sector (B&C).
It includes analysis on the following -
- Market overview: Includes sector size, market size, and growth analysis by markets.
- Change in consumption: Provides a shift in the consumption of Bakery & Cereals by markets across different countries in the Asia-Pacific region.
- Countries analysis: Provides Risk-Reward analysis of four countries in Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
- ealth & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Bakery & Cereals sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Bakery & Cereals in 2016. It also covers the market share of leading companies offering Bakery & Cereals with health and wellness attributes in the same year.
- Brand Analysis: Provides an overview of leading brands in Asia-Pacific region, besides analyzing the growth of private label in the region.
- Key distribution channels: Provides analysis on the leading distribution channels in the Asia-Pacific Bakery & Cereals sector in 2016. It covers seven distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, Cash & Carries and Warehouse Clubs, "Dollar Stores," Variety Stores & General Merchandise Retailers, and Others that include Department Stores, Drug stores & Pharmacies, Vending Machines, and Other Retailers
- Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Bakery & Cereals.
Reasons to buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
Read the full report: http://www.reportlinker.com/p05001704/Opportunities-in-the-Asia-Pacific-Bakery-Cereals-Sector-Analysis-of-Opportunities-Offered-by-High-growth-Economies.html
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