Opportunities in the Global Bakery and Cereals Sector

Opportunities in the Global Bakery and Cereals Sector

Summary

The global bakery and cereals sector was valued at $615.5 billion in 2020 and is forecast to record a CAGR of 4.7% during 2020-2025, to reach $774.5 billion in 2025. The Americas represented the largest region in 2020, with a value share of 34.3%, followed by Western Europe with 25.8%. In 2020, bread & rolls, accounting for a share of over 33%, was the largest category in terms of value sales. During the pandemic outbreak, a surge in cooking and baking at home was observed, which is expected to continue in the forecast period, helping the growth of bakery & cereals sector. In addition, increasing purchasing power among global consumers and a shift towards healthier products are predicted to drive the sector until at least 2025. Eastern Europe is forecast to be the fastest-growing region for the bakery & cereals sector, with a value CAGR of 6.18% during 2020-2025, followed by Asia-Pacific with 5.05%. Among the categories, energy bars and cereal bars are set to be the top two fastest-growing over the forecast period.

This report brings together multiple data sources to provide a comprehensive overview of the global bakery & cereals sector.

It includes analysis on the following -

• Sector overview: Provides an overview of current sector scenarios in terms of ingredients, manufacturer claims, labeling, and packaging. The analysis also provides a regional overview across five regions-Asia-Pacific, Middle East & Africa, the Americas, Western Europe, and Eastern Europe-highlighting sector size, growth drivers, latest developments, and future challenges for each region.
• Change in consumption: Provides a shift in the consumption of bakery & cereals over 2015-2025 at global and regional levels.
• High-potential countries: Provides risk-reward analysis of the top four high-potential countries in each region based on market assessment, economic development, governance indicators,
sociodemographic factors, and technological infrastructure.
• Country and regional analysis: Provides deep-dive analysis of 10 high-potential countries covering value growth during 2020-2025, key challenges, consumer demographics, and key trends. It also includes regional analysis covering the future outlook for each region.
• Competitive landscape: Provides an overview of leading brands at a global and regional level, besides analyzing the product profile, country-level presence, market share, and growth of private labels in each region.
• Key distribution channels: Provides analysis on the leading distribution channels in the global bakery & cereals sector in 2020. It covers “dollar stores”, variety stores & general merchandise retailers, cash & carries & warehouse clubs, convenience stores, department stores, e-retailers, food & drinks specialists, hypermarkets & supermarkets, on-trade, and others.
• Preferred packaging formats*: The report provides percentage share (in 2020) and growth analysis (during 2020-2025) for various pack materials, pack types, closures, and primary outer types based on volume sales of bakery & cereals.

• Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging.
• The analysis also covers regional overview across five regions - Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe - highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.

• To have a thorough fact based analysis with information about the global make-up industry across the five regions in value terms and the underlying factors that are driving the sales.
• To gain confidence to make the correct business decisions based on a detailed analysis of the industry and to identify high-potential countries over the next 5 years.
• The analysts have placed a significant emphasis on the mega trends that drive consumer choice and will provide a clear picture about the future opportunities that can be explored across the regions, resulting in revenue expansion.
• To gain competitive intelligence about leading brands in the industry at global and regional level with information about their sector share, business descriptions and product profiles

Companies Mentioned

Grupo Bimbo S.A.B. de C.V.
Mondelez International Inc
The Kellogg Company
General Mills Inc.
Campbells Soup Company
PepsiCo
Cereal Partners Worldwide S.A.
Barilla
Yildiz Holding AS
Yamazaki Baking Co. Ltd.
Flowers Foods Inc.
Mckee Foods Corporation