Finely milled: The prices of several agricultural commodities are projected to fall, boosting downstream demand Abstract Flour Milling in the US Despite rising per capita disposable income levels, revenue in the Flour Milling industry has declined over the five years to 2019 due to growing consumer...
The health and wellness trend was one of the key influences on all areas of packaged food, including baked goods, even before the outbreak of COVID-19, and its importance has been magnified by the experiences of the pandemic, both because of the immediate threat from the disease and awareness of the health effects of the sedentary lifestyles...
In 2020, the onset of COVID-19 resulted in a spike in retail volume and current value sales of baked goods, compared with the previous year. While the closure of foodservice outlets stimulated a shift in sales to the retail channel, the on-trade channel only represents a very small share of baked goods overall market size. Meanwhile, the imposition...
Baked goods is seeing slower sales in 2021 as compared to 2020, with last year’s sales boost due to consumers spending more time at home during the COVID-19 pandemic and associated restrictions. However, sales remain in positive figures, albeit with volume showing only a marginal positive growth. This drop is directly attributed to the contrasting...
Baked goods is predicted to see a partial reverse of trends witnessed in 2020. Canadian consumers cooked more at home in line with restrictions imposed in response to the emergence of the pandemic, which included lockdowns, social distancing measures and a significant decline in footfall through foodservice, resulting in both temporary and...
Unpackaged baked goods are sold through two types of bakeries in the Philippines: high-end establishments usually located in shopping centres, and community bakeries located near to consumers’ homes. Sales of baked goods as a whole slowed in 2020 as some players such as Goldilocks and Red Ribbon, which sell through their own bakeries located...
Summary The Bakery and Cereals market in South Africa is analyzed to be one of the fastest growing markets across the globe. The Breads and Rolls category dominates in South Africa, while Morning Goods and Energy Bars is expected to register the fastest growth during 2015 - 2020. Considering the economical scenario, consumer's inclination...
About Cereal Bars A cereal bar is a pre-packaged food item that contains oats, nuts, honey, dry fruits, and puffed rice and is rolled in the shape of a bar. Cereal bars are available in various flavors such as strawberry, peanut butter, honey, chocolate, and banana. They are high in proteins and fibers and low in carbohydrates and sodium,...
Summary Steady growth in Poland's economy is driving demand for consumer packaged goods in the country including Bakery and Cereals products. Bread and Rolls remains the most dominant category in the overall market while the Baking Mixes category is forecast to register fastest value growth during 2015-2020. Older consumers are the...
Summary The Belgian Bakery and Cereals market is led by the Savory Biscuits category, which is expected to register fastest growth during 2015-2020. Hypermarkets and Supermarkets is the leading distribution channel for Bakery and Cereals in the country. Private label penetration in the market remains high. Flexible Packaging is the...