Asia-Pacific Bakery and Cereals Market Size and Analysis by Region, Health and Wellness, Distribution Channel and Packaging Formats; Competitive Landscape and Forecast, 2016-2026
Summary
This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific bakery & cereals sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.
The global bakery & cereals sector was valued at $656,371.3 million, and 181,518.2 million kg in volume terms in 2021. Over the forecast period (2021-2026), it is set to grow at a value CAGR of 5.5% to reach $859,442.9 million by 2026. Asia-Pacific was the third-largest market for the bakery & cereals sector, with value sales of $155,910.8 million, accounting for a share of 23.8% in 2021. In terms of volume, the bakery & cereals sector in the Asia-Pacific region is forecast to grow from 33,943.9 million kg in 2021 to 38,670,6 million kg in 2026, growing at a CAGR of 2.6%. The Asia-Pacific bakery & cereals sector is fragmented, wherein the top five companies in the Asia-Pacific bakery & cereals sector accounted for a value share of 8%, in the year 2021. Mondelēz International, Inc made up 2.5%, with presence in eight of the 11 categories of the bakery & cereals categories. It was followed by Yamazaki Baking Co., Ltd. (2.1%), Britannia (1.4%), Parle Products Pvt Ltd (1.2%), and Orion Confectionery Co, Ltd. (0.8%). Artisanal producers and private labels held value shares of 36.5% and 6.9%, respectively.
Scope
This report brings together multiple data sources to provide a comprehensive overview of Asia-Pacific bakery & cereals sector, analyzing data from 20 countries in the region. It includes analysis on the following -
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