Press release
Bakery And Confectionery Market Anticipated To Be Huge Profitable Business During 2020-2023
The Business Research Company offers "Bakery & Confectionery Global Market Report 2020-30: Covid 19 Impact and Recovery " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The global bakery & confectionary market is expected to grow from $890.9 billion in 2019 to $916.3 billion in 2020 at a compound annual growth rate (CAGR) of 2.9%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 7% from 2021 and reach $1128.3 billion in 2023.
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The bakery and confectionery manufacturing market consists of sales of bakery and confectionery by entities (organizations, sole traders and partnerships) that produce bakery and confectionery products. The companies in the bakery and confectionery industry process raw materials into bakery and confectionery, package and distribute them through various distribution channels to both individual customers and commercial establishments.
Food and Beverage manufacturers should look to gain a stronger foothold in the increasingly popular healthy food products segment, either by introducing products with natural additives and coloring agents or by acquiring smaller firms that produce products with natural ingredients.
Bakery & Confectionary Market Segmentation: -
By Type
1. Breakfast Cereal Manufacturing
2. Sugar And Confectionery Product Manufacturing
3. Bread And Bakery Product Manufacturing
4. Cookie, Cracker, Pasta, And Tortilla Manufacturing
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Bakery & Confectionary Market Characteristics
4. Bakery & Confectionary Market Product Analysis
5. Bakery & Confectionary Market Supply Chain
...........
20. Bakery & Confectionary Market Competitive Landscape
21. Key Mergers And Acquisitions In The Bakery & Confectionary Market
22. Market Background: Food And Beverages Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
The report covers the trends and market dynamics of the bakery and confectionery market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the bakery and confectionery market are Grupo Bimbo; Finsbury Food Group; McKee Foods; Yamazaki Baking; BreadTalk Group
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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