Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
Big Data as a Service Market Report 2022-2027, Industry Share, Size, Growth, Trends and Opportunities
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According to the latest report by IMARC Group, titled “Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global bakery products market reached a value of US$ 455.2 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.3% during 2021-2026.
We are regularly tracking the direct effect of
COVID-19 on the market, along with the indirect influence of associated
industries. These observations will be integrated into the report.
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Sample:
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Bakery products include a variety of baked
goods that are prepared in an oven. Some of the most common grain-based baked
products include cakes, bread, pies, donuts, cookies and pastries. They are
generally characterized by a sweet or savory taste and fluffy texture. They are
prepared using numerous ingredients, such as grain-based flour, water, salt,
sugar, flavoring agents and leavening agents. They are easy to consume and
convenient to store for an extended period of time. As a result, they are
widely gaining prominence among consumers across the globe.
Global Bakery Products Market Trends:
The market is primarily driven by the
escalating sales of convenience foods across the globe. With the inflating
disposable income levels of the masses and their shifting dietary preferences,
there has been a significant rise in the demand for processed and packaged
baked foods, which is providing a thrust to the market growth. Moreover, there
has been a growing preference towards the adoption of clean label and organic
baked goods among consumers. Coupled with the easy availability of vegan and
fortified bakery products across numerous online and offline organized retail
channels, this is creating a positive outlook for the market. This is further
supported by the growing health consciousness among the masses who are
incorporating foods with low trans-fat content in their regular diets. Apart
from this, the increasing deployment of robotics technology with the bakery
processing equipment and significant growth in the food and beverages sector
across the globe are also contributing to the market growth. On account of the
aforementioned factors, the market is anticipated to grow at a CAGR of 4.3%
during 2021-2026.
Bakery Products Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The
competitive landscape of the global bakery products market has been studied in
the report with the detailed profiles of the key players operating in the
market.
Key Market
Segmentation:
The report has
segmented the global bakery products market on the basis of product type, distribution
channel, and region.
Breakup by Product Type:
·
Biscuits
·
Bread
and Rolls
·
Cakes
and Pastries
·
Rusks
Breakup by Distribution Channel:
·
Convenience
Stores
·
Supermarkets
and Hypermarkets
·
Independent
Retailers
·
Artisanal
Bakeries
·
Online
Stores
·
Others
Breakup by Regions:
·
Asia-Pacific
·
Europe
·
North
America
·
Middle
East & Africa
·
Latin
America
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/bakery-products-market
Key
highlights of the report:
If you need specific information that is not
currently within the scope of the report, we will provide it to you as a part
of the customization.
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About Us
IMARC
Group is a leading market research company that offers management strategy and
market research worldwide. We partner with clients in all sectors and regions
to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.
IMARC’s
information products include major market, scientific, economic and
technological developments for business leaders in pharmaceutical, industrial,
and high technology organizations. Market forecasts and industry analysis for
biotechnology, advanced materials, pharmaceuticals, food and beverage, travel
and tourism, nanotechnology and novel processing methods are at the top of the
company’s expertise.
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