The global packaged bakery products market is forecasted to grow at a CAGR of 4.6% during the period 2017-2021
LONDON, Nov. 29, 2017 /PRNewswire/ -- About Packaged Bakery Products
Even with the constant change in consumer consumption habits in developing economies, the global packaged bakery products market has retained its prominence. Moreover, in developed economies, brands are continuously innovating their products to prevent them from reaching a saturation stage in their product life cycle. Manufacturers are also developing healthier versions of their products, considering the growing awareness of consumers about health and wellness. This has given a whole new outlook to the current bakery market. As the demand for such products is increasing, there is a concurrent rise in the number of bakery stores and availability of bakery items. The growth is further supported by the emergence of online bakery sites that have amplified the penetration of private labels. In addition, the increasing availability of branded bakery products across the world through various retailing channels have propelled the sales of bakery products.
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Technavio's analysts forecast the global packaged bakery products market to grow at a CAGR of 4.6% during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global packaged bakery products market for 2017-2021 . To calculate the market size, the report considers the retail selling price is the average selling price of the product.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Packaged Bakery Products Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Grupo Bimbo
• Finsbury Food Group
• Flower Foods
• Hostess Brands
• MCKEE FOODS
• Yamazaki Baking
Other prominent vendors
• American Baking Company
• Aryzta
• BreadTalk Group
• Britannia
• EDEKA-Gruppe
• Edwards Cake & Candy Supplies
• George Weston
• Hillshire Brands
• Mondel?z International
• Monginis
• Mulino Bianco
• PEPPERIDGE FARM
• PepsiCo
• Snyder's-Lance
Market driver
• Increased snacking and indulgence consumption
• For a full, detailed list, view our report
Market challenge
• Increase in in-home cooking
• For a full, detailed list, view our report
Market trend
• Increasing demand for organic bakery food products
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Download the full report: https://www.reportbuyer.com/product/5219363
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SOURCE ReportBuyer
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