The “Baked Foods & Cereals: Global Intelligence Database” file has been brought to ResearchAndMarkets.com’s attention. Baked Foods & Cereals is a global intelligence database on bakery and cereal products that offers 52 predominant nations. It covers 13 years of similar statistics with five-year forecasts, which include fee and quantity income. It consists of going u. S. A. Strong and granular statistics facts protecting broader product categories as well as distribution channel sales.
Market Scope
Overall, baked food and cereal merchandise market statistics, extent, and fee analytics increased fashion (2010-2023).
Distribution channel income information from 2010-2017
Additional facts consist of – GDP, in line with capita intake, in keeping with capita expenditure, economic parameters, population, inflation, food inflation, general inflation, and country currency exchange quotes.
This Research Data entails taking a look at the Baked Foods & Cereals Sector throughout 6 areas, covering fifty-two countries with more than 75,000 data points for the period 2010-2023. cited 6 vast classes are blanketed within the market, covering diverse segments, Category definitions, and section definitions.
Bread
Breakfast Cereals
Cakes, Pastries & Sweet Pies
Sweet Biscuits
Morning Goods
Crackers & Savory Biscuits
The international baked meals & cereals Market is predicted to reach USD 587 billion by 2023 at a CAGR of four.2% throughout the forecast duration. The worldwide baked meals & cereals sale passed 123 900 million Kg in 2017, registering a volume CAGR of 1.9%, all through the forecast period. Thus, the consumption of baked meals & cereals has found a solid increase in the beyond 5 years.
Western Europe Showing Declining Volume Sales
Central and Western European Baked meals & cereals market accounted for over forty-seven % of the global intake by volume. Central Europe is witnessing a high-quality CAGR throughout the forecast period. However, the Western European baked food quantity sale is anticipated to remain no after a sluggish growth until 2017. Asia-Pacific recorded the quickest quantity CAGR of 4.5% during the forecast period to reach near Western Europe.
Asia-Pacific overcomes North America within the quantity sales, whilst it’s far predicted to attain close to North America in revenue by 2023. India and Indonesia recorded a strong CAGR at some stage in the forecast. South America is witnessing a wholesome fee CAGR of 7% even as the unit sale is shifting at a 1% CAGR. The Middle East & Africa passed a volume consumption of eight 324 million Kg in 2017, with Saudi Arabia the enormous marketplace.
Biscuits Recorded a Steady Growth Rate
Sweet biscuits remain the famous bakery merchandise in Asia-Pacific, which is witnessing the fastest CAGR of 7% throughout the forecast duration. Asia-Pacific continues to dominate the candy biscuit market globally, followed by Western Europe and North America. Glucose biscuits, which might be the lowest rate biscuit in the Asian marketplace, are declining. In contrast, the top rate section, which includes cream crammed biscuits, candy biscuits, and health biscuits, recorded an impressive growth in the past few years. Chocolate-coated biscuits are witnessing declining unit sales globally, even as cookies are experiencing steady growth.
Asia-Pacific is predicted to surpass North America and Western Europe to become the biggest pastries market by 2023. North America holds the dominant position in the global pastries marketplace with a market proportion of 15%, which Asia-Pacific and Western Europe. The pastry intake in Asia-Pacific is expected to reach USD 22 billion with the aid of 2023, witnessing a strong CAGR of 6.Three%. The Middle East & Africa recorded the fastest CAGR of 6.5% in the pastries marketplace, which is observed by Asia-Pacific. North America experienced flat pastry sales during the forecast period after recording a sturdy quantity growth from 2012-2017.
Expanding retail channels in the emerging marketplace, riding the income
Supermarkets/hypermarkets account for the dominant percentage of 45% within the market simultaneously while online retail is witnessing a faster growth rate. Baked food sales from Specialist stores recorded USD hundred sixty-five billion in 2017, up 20% from 2012. Online retail is the quickest developing channel globally, registering a CAGR of four.7% at some stage in 2012-2017, followed by the aid of convenience stores. Online grocery for baked meals is developing at a faster pace in Western Europe. Western Europe debts for forty-two % of the global online retail sales of baked meats and cereals.
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Market price (USD Million) and extent (Kg Million) information for every phase and sub-segment. Understanding of the market because of value and extent adjustments, intraclass opposition, and distribution channel tendencies. Develop a commercial enterprise approach to identify a booming opportunity and maximize sales in multi-channel distribution through all B2C channels.
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