Press release
Bakery Industry Expanded From Simple Baked Goods To A Multitude Of Products For Global Cakes and Pastries Market During 2016 - 2020
Market Research Report
The bakery industry has expanded from simple baked goods to a multitude of products across various categories, including healthy, organic offerings.
Healthy-eating trends, in light of growing concerns about obesity and related health issues, are expected to drive the bakery market globally. Manufacturers incorporate healthy ingredients, such as whole grains, into their products. They also label the products, clearly listing all ingredients, to enable consumers to make informed choices. Many vendors have also reduced the portion sizes of their products, targeting consumers who are calorie conscious. Dupont offers a toffee-filled chocolate cake with about 50% fewer calories than standard cake. Dawn Foods also offers a wide range of baked products such as brownies, cakes, and cookies under the name Weight Watchers. Puraslim is a low-fat, cost-effective alternative for traditional margarine, butter, and oil used in baking. Its use enables the reduction of the amount of fat in baked goods.
Technavios analysts forecast the global cakes and pastries market to grow at a CAGR of 3.76% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cakes and pastries market for the period 2016-2020. To calculate the market size, the report considers revenue generated from the retail sales of cakes and pastries in terms of revenue and volume:
Artisanal and in-store bakeries
Packaged/industrial
The market is divided into the following segments based on geography:
Americas
APAC
Europe
MEA
Technavio's report, Global Cakes and Pastries Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Groupo Bimbo
Flower Foods
Finsbury
Tyson Foods
Yamazaki Baking
McKee Foods
Hostess Brands
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Other prominent vendors
American Baking Company
Aryzta
BreadTalk
Britannia
Edeka
Edwards
Edwards Cake & Candy Supplies
George Weston
Hillshire Brands
Hostess Brands
Mulino bianco
Monginis
Pepperidge Farm
Market driver
Rising indulgence in cakes and pastries
For a full, detailed list, view our report
Market challenge
Declining share of packaged cakes
For a full, detailed list, view our report
Market trend
More at-home consumption
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Browse More Details @ http://www.researchmoz.us/global-cakes-and-pastries-market-2016-2020-report.html
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