The Global Fortified Bakery Market (2018-2023): Expected to Register a CAGR of 5.5% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 3, 2018--The “Global Fortified Bakery Market - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.The global fortified bakery market is expected to grow at a CAGR of 5.5% during the forecasted period (2018-2023).Growing preference for healthy food products that match consumers tastes & preference is the main factor driving the fortified bakery products. In the global market, consumers are expecting their bakery products to contain micro nutrient that benefit their overall health and should be free from additives. Rise in consumption for healthy food is driving the demand for fortified bakery.
Micro nutrient-added bakery shops are currently trying to appeal to millennials and are competing for attention of this social savvy generation, these consumers are increasingly trying out different bakery products which give them good health benefits.
The major restraints of the fortified bakery market are low accessibility, high pricing of these goods because of the added nutrient value and low knowledge among customers as these products are very less scattered and distributed in the foodservice facility.
The major distribution channel of the fortified bakery has been the food services facility. Higher preference of fortified bakery products across all age groups in the global arena are promoting the restaurant, small kiosks and hotels, cafe, restaurant, institutional bakers to increasingly meet the growing demand of these food products.
Key Market DevelopmentsBritannia Industries Ltd. had entered into the exotic packaged bread segment with the introduction of whole wheat kulchas (the Kulcha is a leavened flat Indian bread).Organic bakery is growing and finding success in India.
2. Fortified Bakery Market Insights
3. Fortified Bakery Market Dynamics
4. Fortified Bakery Market Segmentation
5. Fortified Bakery Market Regional Analysis
6. Fortified Bakery Market Competitive Landscape
7. Fortified Bakery Market Company ProfilesAllied BakeriesAssociated British Foods PLCBritannia Industries Ltd.CRUST - a baking companyDawn Food Products Inc.H&S Bakery Inc.Irish Pride Fine FoodsModern Foods Enterprises Pvt. Ltd.Super Bakery Inc.
For more information about this report visit https://www.researchandmarkets.com/research/fdtrcg/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005362/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Baked Goods
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/03/2018 05:19 AM/DISC: 10/03/2018 05:19 AM