European Bakery Market Estimated to Reach USD 257.8 Billion by 2021 – IndustryARC Analysis
Increased Demand For Instant And Nutritious Products Drives the European Bakery Market. It is estimated to reach USD 257.8 Billion by 2021.
November 08, 2016 22:00 ET | Source: IndustryARC
Hyderabad, Nov. 08, 2016 (GLOBE NEWSWIRE) — According to the report “European Bakery Market By Type (Baked Goods, Biscuits and Breakfast Cereals); By Category (Fresh and Frozen); By Distribution Channel (Retailers, Artisan Bakers and Catering) Geography – Forecast to 2016 – 2021”,published by IndustryARC, the market is estimated to reach USD 257.8 Billion by 2021.
Browse 20 Market Tables, 83 Figures spread through 146 Pages and an in-depth TOC on “European Bakery Market”
http://industryarc.com/Report/7523/european-bakery-market.html
Bakery market in Europe is a mature sector and has undergone significant changes as a result of increasing health concerns, rising disposable income and high demand for convenient food products. Apart from convenience, consumers in Europe look for instant and nutritious food products. This report provides the detailed analysis of the different types of bakery products and distribution channels in European bakery market.
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European bakery market is well established in terms of supply chain, consumer preferences and innovation platforms. The most consumed bakery products in Europe include biscuits and breads while demand for other bakery items such as cakes, pastries, and cookies is also increasing. Various trends such as gluten-free, wholegrain, ancient grain and additive free bakery products are observed in European bakery market.
In European bakery market, breads and rolls have dominated the baked goods segment. On the other hand, market for pizzas has the highest potential of growth due to high demand for frozen as well as chilled pizzas.
Baked goods in European Bakery Market include:
Baked Desserts
Breads and Rolls
Biscuits
Pizzas
European consumers are looking for ready-made food products that help them reduce their calorie and sugar intake, without lessening of taste or pleasure. Manufacturers have adopted this trend and are experimenting with traditional bakery products to create added value and free-from category products.
France is the largest market for bakery products in Europe and is estimated to reach $32.42 billion by 2021, growing at a CAGR of 1.3% during 2016-2021.Busy schedule and concern for health is showing an increase towards consumption of bakery products. Smaller product formats such as pies, brioche and cupcakes are also driving growth and taking market share from traditional products.
The major players in this market Include:
Nestle (Switzerland),
Yildiz Holding (Turkey)
Warburtons (U.K.),
Kellogg’s Company (U.S.)
Kraft Foods Inc. (U.S.)
Allied Bakeries, Ankerbrot AG, Bahlsen Gmbh Co KG, Barilla Holding SPA, Bauli, Berleys Alimentacion, Bimbo Iberia, Bindi, Bridor, British Bakers, Ceres, Ceres Sütoipari Zrt, Chipita, Coppenrath Wiese, Dan Cake, Delifrance, Eti Gida San ve Tic AS, Griesson de Beukelaer Gmbh Co KG, Groupe Danone, Hanzas Maiznica, Kronenbrot KG Franz Mainz, Kuchenmeister, Laima AS, Latvijas Maiznieks, Mondelez, Podravka dooel, Premier Foods Plc, Vilniaus Duona UAB others.
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European bakery companies are launching innovative products and it remains their chief growth strategy. The market is quite fragmented with many consumers preferring to buy the products from small artisanal bakeries. Elderly population in Europe prefers the consumption of low calorie, low sodium and high-fiber breakfast cereals. Driven by need for instant and nutritious food products, European bakery market is estimated to reach $257.8 billion by 2021.
The european bakery market report provides detailed analysis of the different baked goods and breakfast cereals as well as distribution channels of bakery products.
Various distribution channels included in the market study are:
Retail Stores
Artisan Bakers
Catering Services
The overall market is also presented from the perspective of key countries in European region.
Scope of the Study: The report covers quantitative analysis including values ($M) and volumes (KT) as well as qualitative analysis of the following:
Market potential of several materials and end users at global, regional and country level
Various insulation materials in different applications and end-users
Competitive landscape and growth strategies
Trends, drivers and opportunities impacting the growth
Why buy this report?
Get a detailed picture of the european bakery market landscape and growth markets, opportunities.
Pinpoint growth sectors and identify factors driving change.
Understand the competitive environment, the market’s major players and leading brands.
A five-year forecast method is used in order to assess how the market is predicted to develop.
More than 100 data tables and figures to assist in strategic decision making plans.
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Asia Pacific Bakery Market
Baking Ingredients Market
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