(Food-Beverage-News.Com, January 25, 2018 ) The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) Market was worth USD XX billion in 2016 and estimated to be growing at a CAGR of XX%, to reach USD XX billion by 2021. Pastries are small buns made using whipped cream — a stiff dough enriched with fat. Some dishes, such as pies, are made of a pastry casing that covers or completely contains a filling of various sweet or savory ingredients. A cake is made with flour & often is made with more than one layer and it rises. And it has icing on it. A pie is a baked dish which is usually made of a pastry dough casing that covers or completely contains a filling of various sweet or savoury ingredients. Pies are defined by their crusts.
The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is driven by the rising demand, increase in urbanization leading to higher availability of bakeries. However, health concerns are a major factor restraining market growth. Therefore, to attract the health conscious populace, the vendors introduced healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as a restraint on market growth as it reduces the demand for packaged Cakes, Pastries and Sweet Pies (Bakery and Cereals).
The Global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market is segmented on the basis of category and distribution channels. On the basis of category, the market is segmented into cakes, pastries and sweet pies. On the basis of distribution channel, the market is distributed among bakeries, supermarkets/hypermarkets, convenience stores and others.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, Europe led the global Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in terms of market share. The market share in North America has dwindled owing to the rising incidence of obesity in the region coupled with increasing consumer health awareness. The market for these Cakes, Pastries and Sweet Pies (Bakery and Cereals) in Asia-Pacific area is amplifying because more of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the Cakes, Pastries and Sweet Pies (Bakery and Cereals) market in the following years when compared with the seasoned markets of developed regions.
The major players operating in the Global Cakes, Pastries and Sweet Pies industry include Rich Product, Betty Crocker, CSM Bakery Solutions, Pinnacle Foods, Wilton Industries, Dawn Food, Real Good Food and Lawrence Foods.
Market Segmentation Category Introduction Cakes Pastries Sweet Pies Y-o-Y Growth Analysis, By Category Market Attractiveness Analysis, By Category Market Share Analysis, By Category
Distribution Channels Introduction Bakeries Supermarkets/Hypermarkets Convenience Stores Others Y-o-Y Growth Analysis, By Distribution Channels Market Attractiveness Analysis, By Distribution Channels Market Share Analysis, By Distribution Channels
The scope of the report: • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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