The “Baked Foods & Cereals: Global Intelligence Database” file has been brought to ResearchAndMarkets.Com’s providing. Baked Foods & Cereals is a global intelligence database on bakery and cereal products that offers 52 predominant nations data. It covers 13 yr of similar statistics with five-yr 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.
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- meals inflation and usual inflation, and country currency exchange quotes.
This Research Data entails taking a look at Baked Foods & Cereals Sector throughout 6 areas, masking fifty-two countries with greater than 75,000 information factors for the period 2010-2023. Below cited 6 vast classes are blanketed within the market covering diverse segments, Category definitions, and section definitions.
Cakes, Pastries & Sweet Pies
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 money owed for over forty-seven % of the global intake by using extent. Central Europe is witnessing a high-quality CAGR all through the forecast period. However, the Western European baked food quantity sale is anticipated to say no after a sluggish growth until 2017. Asia-Pacific recorded the quickest quantity CAGR of 4.5% during the forecast period to attain near Western Europe.
Asia-Pacific overcomes North America within the quantity sale whilst it’s far predicted to attain close to North America in cost income by using 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, accompanied through Western Europe and North America. Glucose biscuits which might be the lowest rate biscuit inside 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 inside the past few years. Chocolate-coated biscuits are witnessing declining unit sales globally even as cookies determined a sturdy growth.
Asia-Pacific is predicted to surpass North America and Western Europe to be 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 observe. The pastries intake in Asia-Pacific is expected to go 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 located a flat pastries sale during the forecast length after recording a sturdy quantity growth from 2012-2017.
Expanding retail channels in emerging marketplace riding income
Supermarkets/hypermarkets account for the dominant percentage of 45% within the market simultaneously as 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, registered a CAGR of four.7% at some stage in 2012-2017, followed with the aid of convenience stores. Online grocery for baked meals is developing at a faster fee in Western Europe. Western Europe debts for forty-two % of the global online retail sale of baked meats and cereals.
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