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Global Packaged Croissant Market 2019-2023| Increasing New Product Launches to Boost Demand| Technavio

December 27, 2018

LONDON--(BUSINESS WIRE)--Dec 27, 2018-- analysts forecast the global packaged croissant market to grow at a CAGR of over 4% during the forecast period, according to their latest market research report.

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Technavio has released a new market research report on the global packaged croissant market for the period 2019-2023 (Graphic: Business Wire)

The emergence of private-label brands is one of the major trends being witnessed in the . The global packaged croissants market is witnessing increasing prominence of private-label brands. These products are manufactured and sold by retailers. The major global retailers are introducing their brand of packaged croissants. Over the last decade, the private-label product segment has grown in terms of scope and size. Private-label products are priced lower than branded products. Price-sensitive consumers are more likely to purchase private-label products. Major retailers, such as Walmart and Aldi offer packaged croissants under their brands. Therefore, the demand for private-label brands is expected to increase during the forecast period and will aid the growth of the global packaged croissants market during the forecast period.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key factors contributing to the growth of the global packaged croissant market is the increasing new product launches:

Global packaged croissant market: Increasing new product launches

Successful new product launches will help in increasing the revenue flow and, thus, the market share of the market players. Product launches will also help in retaining consumer interest in the brand. For instance, in January 2017, Bridor launched a new line of croissants. The new line comprises four flavors, which are- apricot, cocoa and hazelnut, raspberry, and custard. Also, in May 2017, Lantmannen introduced a new line of croissants under the Schulstad brand. The new line comprises three varieties of croissants - multigrain croissant, oat & honey croissant, and pain au chocolat croissant. Thus, with the increasing new product launches the growth of the global packaged croissants market will be positive during the forecast period.

According to a senior analyst at Technavio, “The rising urbanization and changing lifestyles, increasing competition from other snack products, and increasing mergers and acquisitions, and investments are some other factors that are expected to boost the growth of the global packaged croissant market, during the forecast period.”

Global packaged croissant market: Segmentation analysis

The global packaged croissant market research report provides market segmentation by product (shelf-stable croissants and frozen croissants) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

The EMEA region held the largest share of the market in 2018, accounting for over 61% share, followed by the Americas and APAC respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth, followed by the APAC region.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20181227005288/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING PACKAGING RETAIL FOOD/BEVERAGE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/27/2018 11:28 AM/DISC: 12/27/2018 11:28 AM

http://www.businesswire.com/news/home/20181227005288/en

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