Global Bakery Goods Manufacturing - Industry Market Research Report

Global Bakery Goods Manufacturing - Industry Market Research Report

Published: June 2017
Publisher: IBISWorld
Product ref: 278245
Pages: 33
Format: PDF
Delivery: Immediate download

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Global Bakery Goods Manufacturing

The Global Bakery Goods Manufacturing industry has risen modestly over the past five years, despite numerous challenges. Demand for bakery products has risen slowly in the mature markets of Western Europe and North America, causing manufacturers to seek opportunities in higher-growth regions. Additionally, despite tepid demand growth, global disposable income levels have risen and consumers have increasingly turned to high-priced, premium baked goods. While demand for industry products has stagnated in saturated markets, growing demand for these goods in emerging and developing countries has helped manufacturers achieve organic growth. In particular, rising disposable income levels in South America, where per capita consumption of bread is exceptionally high, has enabled consumers to purchase a greater variety of packaged baked goods. Bakery goods manufacturers are anticipated to grow more strongly over the next five years, supported by growth in emerging markets. As consumers around the world obtain greater discretionary income, the leading global bread and bakery goods manufacturers will expand their operations in Asia, the Middle East, Eastern Europe and Africa, driving the growth of the industry in these regions. While demand for traditional baked goods is expected to stagnate in mature markets, producers will focus on introducing a greater variety of premium products in Western Europe and North America.

This industry includes companies that primarily manufacture fresh and frozen bread and other bakery products. The industry acquires raw materials such as flour, starch, sugar, meat, dried fruit, emulsifiers, flavorings, preservatives, additives, gluten, vitamins and food acids, and processes them into consumer food products like bread, doughnuts, cakes, pies and pastries. These are then sold to supermarkets, convenience stores, food-service providers and other retailers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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Related research categories

By sector: Bakery, Manufacturing, General industry

By market: Global

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