DUBLIN--(BUSINESS WIRE)--May 15, 2018--The "Global Baked Food & Cereals Market - Segmented by Product Type, Distribution Channel and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global baked food & cereals market is expected to reach USD 587 billion by 2023 at a CAGR of 4.2%, during the forecast period. The global baked food & cereals sale has surpassed 83,000 million Kg in 2017, registering a volume CAGR of 1.2%, during the forecast period.

The demand for functional ingredients in bakery products is rising, owing to its nutritional benefits. Baked food & cereals being a staple food that constitutes major part of daily diet has catered more functional demand. New low carb, high fiber, multigrain and fortified Baked food & cereals that appeal to health-conscious consumers have triggered the market growth.

European Baked food & cereals and roll market accounts for over 45% of the global consumption by volume. However, the market is expected to decline over the forecast period due to consumer shift to healthier alternatives. Spain is the largest market, which surpasses a volume consumption of 4463 million Kg in 2015, which is expected to reach 4495 million Kg by 2023.

Companies Mentioned

Barilla Group Grupo Bimbo S.A.B. de CV Associated British Foods PLC Almarai Campbells Soup Company General Mills Inc. Yamazaki Baking Co. Ltd Chipita S.A. The Kellogg Company United Biscuits Ltd Dan Cake A/S Finsbury Food Group Plc

Key Topics Covered:

1. Introduction

2. Research Approach and Methodology

3. Market Overview

4. Market Segmentation

5. Competitive Landscape

6. List of Company Profiles

7. Companies Covered

8. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/n3p6gg/global_baked_food?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180515005770/en/

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Related Topics:Baked Goods,Crop Farming,Cereals, Grains and Pulses

KEYWORD:

INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE

SOURCE: Research and Markets

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PUB: 05/15/2018 07:03 AM/DISC: 05/15/2018 07:03 AM

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