Showing posts with label Global Bakery Products Market. Show all posts
Showing posts with label Global Bakery Products Market. Show all posts

Tuesday, July 16, 2019

Increase in Consumption of Biscuits & Breads Coupled with Rapidly Westernized Lifestyles is Set to Drive Global Bakery & Confectionary Market Over the Forecast Period: Ken Research

Confections are high in calorie and low in nutrients. The confectionery market is divided into two broad categories such as bakers’ confectionery and sugar confectionery. Bakers’ confectionery includes pastries, doughnuts, cakes, and cookies. Sugar confectionery includes sweets, chocolates, candies, and chewing gum. These products are consumed by people of all age groups.

According to study, “Bakery & Confectionary Global Market Report 2019” includes the key companies operating in global bakery & confectionary market are Grupo Bimbo, McKee Foods, Finsbury Food Group, Lotte Confectionery Co. Ltd., BreadTalk Group, The Hershey Company, Lindt & sprngli AG, WM Wrigley JR Company, Yamazaki Baking, Mars Inc., Nestle S.A., Associated British Foods, JAB Holding Company, Ferrero SPA, Ezaki Glico Co. Ltd., Flowers Foods, Delfi Ltd., Mondelez International Inc., Arcor Group, Candy Tops (Pty) Ltd., Brookside Foods Ltd., Cloetta AB, Dongguan Hsu-Fu-Chi Food Co. Ltd., Crown Confectionery Co., Ltd. , DS Group, HARIBO Dunhills (Pontefract) PLC, Grupo Bimbo S.A.B. de C.V, Intercontinental Great Brands LLC, Kerr Bros. Ltd., ITC Limited, Meiji Co., Ltd. (Japan), Orion International Euro, LLC, Morinaga & Co., Ltd., Perfetti Van Melle, Parle Products Pvt. Ltd., Specialty Food Association, Inc., Unilever Plc, The Natural Confectionery Co. Pty Ltd. Many manufacturers & producers are widely adding to natural ingredients and have reduced the use of artificial flavors and colors.

Based on product type, global bakery & confectionary market is segmented into cakes & pastries, bread & roll, biscuits, organic & gluten-free products, chocolate, sweeteners and emulsifiers. Organic & gluten-free products are organic coconut flour, multigrain based products, whole-wheat, gluten-free sorghum bread and gluten-free banana bread. Based on form, market is segmented into liquid form and dry form. Based on processing equipment, market is segmented into mixers, bread slicer, bread systems, divider & rounder, pan greasers, ovens & proofers, moulder and depositors. Based on distribution channel, market is segmented into hypermarkets or supermarkets, specialty stores, convenience stores and online retailing. In addition, based on the end-use, market is segmented into wholesale baker and retail baker.

The bakery & confectionary market is driven by increase in consumption of biscuits & breads, surge in popularity of healthy organic and all natural baked goods, followed by increase in product innovation, rise in middle-class population, retail market expansion, followed by increase in economic growth & rise in disposable income. However, fluctuating cost & availability of raw materials and growing health awareness may impact the market over the forecast period. Moreover, growing demand for sugar free, organic and low calorie products is a major opportunity for market.

Based on geography, the Asia-Pacific region holds major market share in bakery and confectionary market, followed by Western Europe owing to increase in demand for bread coupled with production healthy bakery items in the region. The North American region is expected to witness higher CAGR, followed by European region due to incorporating healthy ingredients innovative new flavors, evolving taste palettes, and increase in consumption frequency over the forecast period. In near future, it is estimated that the global bakery & confectionary market to grow at significant pace on an account of rapidly westernized lifestyles, exponential population growth and increasing sophistication in flavor preferences.

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Tuesday, January 10, 2017

Inspite of Economy fluctuations Bakery and Cereals Market in Germany to Remain unchanged: Ken Research

Ken Research has introduced report titled, "Consumer and Market Insights: Bakery and Cereals in Germany ". The analysis withstands significant emphasis on trend changes expected in the market that will provide a clear picture of the opportunities that can be tampered with in the coming 5 years. This would allow key market players to prepare promotional strategies for revenue multiplication. The report manifests itself in various stages starting from describing the numerical figures associated with this amplifying industry in terms of worth, volume and frequency.  Canadean's Consumer and Market Insights report on the Bakery and Cereals market in Germany provides insights on how to target high growth categories, advanced packaging materials, types and closures category and brands market shares. The report primarily focuses on two growth periods for comparative understanding namely, 2010-15 versus 2015-2020. The later inculcates future forecasts including product diversification, product innovation, supply chain analysis, new product distribution techniques/channels etc. It opens up avenues for capturing future market opportunities and to convert the same into higher returns. Finally, it throws light on the attitude, specifically the reviews and recommendations on how the market will shape up from 2017 to 2020.




Bakery and cereals have become staples of everyone's life in modern day Germany. There comes a time when lethargy to cook two meals a day for 365 days of the year over rules, this is when the exotic bakeries and ready to use cereals come for rescue. Baked goods, which include breads, cakes and pastries, which have been consumed in such large amounts in Germany that these have been called as the staples.  To understand how, when and why this market has escalated starting 2010, we need to go back to he emerging economic demographics of Germany. Germany is a flourishing economy, the largest national economy of Europe. It allures itself being the fourth largest economy in terms of nominal GDP and fifth largest in terms of purchasing power parity in the world. Germany saw the largest trade surplus. Is the world's top location for trade fairs. This blossoming economy saw an increase in consumption expenditure from 2011 to 2015. The share of retail sales have tripled during the same. The falling inflation rate also made the consumer enjoy higher income shares for self-consumption. The direct impact is study on the expenditure and demand for bakery items and cereals including, Baking Mixes, Baking Ingredients, Bread & Rolls, Breakfast Cereals, Cakes, Pastries & Sweet Pies, Dough Products, Cereal Bars, Energy Bars, Cookies, Savoury Biscuits, Morning Goods with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020. The Bakery and Cereals market in Germany is expected to grow at a compound annual growth rate of 1.9% in value terms in the next 5 years.
 This market saw a point of saturation by the end of 2015. Various influences affect the type of indulgence required by the targeted audience including the basic food item (taste and quality), packaging strength (less spillovers), preparation time, delivery time, affordability etc. The large working population requires better time management including explicit business models such as 'click and collect' or 'click and deliver' and are anticipated to augment market growth in the period 2015-20. The market saw amazingly new product innovation with rich variety and better supply chains for time saving and cost effectiveness.
The entire industry is based on the need of consumers to have affordable indulgence and prime service. A slow upward jump was seen soon after the end of 2014 and this market is expected to outperform in the next five years.  Although the volumetric expansion is expected to be stagnant, the product innovation might help increase profit through the price channel by higher per unit price and hence higher volatility. The Bakery and Cereals market in Germany is forecast to grow at a higher rate during 2015-2020 as compared to 2010-2015 in US$ terms but these growth figures are negligible. The Breakfast Cereals category is forecasted to register the fastest growth in both value and volume terms during 2015-2020.
Due to the current arrest and saturation, future growth within this sector is hampered. Especially, when the competition from close competitors of packed good products is on the verge of exploding. Products with exotic flavours/ingredients (Novel & Experiential) or single serve packs (On the Go) are among the popular trends that are driving Bakery and Cereals market in Germany. Wage-earning women and single-person households have been a new emerging trend all over the world especially in Germany. This restricts the time available for cooking and baking.  Moreover, the younger generation is looking for convenience with products that can be eaten on the go. As a result, the number of traditional bakeries is decreasing, as consumers shop instead at in-store bakeries. The number of traditional bakeries will convert into wholesale supplier or shut down with emerging packed, on the spot eat and go food product innovations.
Distribution, Brands, Raw material and Manufacturing:-
  • The private label sector is not expected to expand although it holds a significant market share. The main reason being it failing to provide productive profit advantage to the producers.
  • The cereal market is split between domestic and international companies. The large international companies, like Kellogg, benefit from strong brand names and customer loyalty while domestic companies, like Köllen and Oetker, focus on healthier products that appeal to German consumers.
  • Local companies of German origin rule the bakery market in the country. International player tried there luck in the initial five years but failed due to bakery being a perishable item and there lack of knowledge and research of German market demand.
  • Multiple packs will become easy and cheaper since they have low per unit prices
  • The basic raw material used in this market is wheat, yeast, emulsifiers, sugar, malt, Gums and hydrocolloids, corn, oats, rice, and barley.
  • The key players include four brands, Kellogg (Deutschland), Cereal Partners Deutschland, Dr August Oetker Nahrungsmittel and Peter Kölln, are all expected to reach double-digit shares in breakfast cereals by 2020.
Conclusion
Germany is emerging as the largest market for food and beverages by the end of 2020. It is and will remain a highly competitive market with major bakery and cereal export to other European Union countries. Germany is an extremist economy in terms of health consciousness and therefore the demand for fibre rich bakery will boom in coming years. There seem to be saturation when people shift from cakes and pastries to health conscious snack like fibre cereals, wholegrain breads etc. The movement within the sector has been large.
Topics Covered in the Report  
  • Germany bakery and cereals market research
  • Global bakery products market
  • Germany breakfast cereals market
  • Energy bars market research Germany
  • Germany food and beverages industry
  • Germany cereals demand by hypermarkets
  • Germany cereals market by online channels
  • Logistics and supply chain in Germany food and beverages industry
  • Europe Bakery and Cereals market
  • Germany bakery and cereals market size
  • Germany bakery and cereals market share
  • Germany bakery and cereals market growth
  • Germany bakery and cereals market trends
  • Germany bakery and cereals market future
For more coverage click on the link below:
https://www.kenresearch.com/food-beverage-and-tobacco/general-food/consumer-insights-bakery-cereals-germany/69627-11.html
Related links:
Savory Biscuits (Bakery & Cereals) Market in Venezuela-Outlook to 2020: Market Size, Growth and Forecast Analytics
Savory Biscuits (Bakery & Cereals) Market in the United States-Outlook to 2020: Market Size, Growth and Forecast Analytics
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204

Monday, January 9, 2017

Bakery and Cereals Market Flourishing in China: Ken Research

Ken Research has announced recent research report titled, “Consumer and Market Insights: Bakery and Cereals in China” which provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
This report identifies the key demographic groups driving consumption, and what motivates their consumption, combined with an in-depth study of the market and category dynamics, to identify key opportunities, and how to target them.
The report includes:
Overall market value and volume data with growth analysis for 2010-2020
Value and growth analysis for Baking Mixes, Baking Ingredients, Bread & Rolls, Breakfast Cereals, Cakes, Pastries & other bakery products with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020
Reviews and recommendations on how the market will shape up from 2015-2020
International and China-specific product innovation examples targeting key consumer needs and relevant data about the leading players
It helps to identify high potential categories and explore further market opportunities based on detailed value and volume analysis and places a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion.
It helps in gaining an understanding of the total competitive landscape based on detailed brand share analysis to plan out market positioning effectively.
It even showcases the number of times consumers of different age groups and gender consume Bakery and Cereals, as well as identifies whether these demographic groups "over" consume and basically how the consumer behavior in the market is influenced.
global-bakery-products-market
Economic Outlook
The Bakery and Cereals market in China is rapidly developing, driven by the sheer scale of the economy. Low per capita consumption presents opportunities for Bakery and Cereals aligned with primary consumption motivators. Rapid urbanization and increasingly busy lifestyles are expected to drive the demand for products suitable for on-the-go consumption.
The Chinese Bakery and Cereals market is one of the fastest-growing by volume and is expected to grow at a CAGR of 10.3% in value terms during 2015-2020. Cakes, Pastries and Sweet Pies are the most consumed Bakery and Cereals category in China.
Soy Joy is the leading brand in the Cereal Bars category both in value and volume terms. Bakery and Cereals in China are expected to register the fastest growth in value and volume terms during the years to proceed where the Brownie Mixes segment is expected to gain maximum share growth within the Baking Mixes category.
Flexible Packaging is the most commonly used packaging material in the Bakery and Cereals market in China and the 'Packaged/Industrial Bread & Rolls' segment is expected to gain share growth within the Bread & Rolls category.
China's Bakery and Cereals market is driven by consumers' desire for quality and convenience and this aspect is accordingly maintained by the market in order to gain revenue and function optimally.
Key Factors Discussed in the Report:
China bakery and cereals market research
Global bakery products market
China breakfast cereals market
Energy bars market research China
China food and beverages industry
China cereals demand by hypermarkets
Bakery and Cereals Market Revenue
China Bakery and Cereals Market Size
China cereals market by online channels
Logistics and supply chain in China food and beverages industry
For more coverage click on the link below:
Related links:
Contact: 
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204