European bakery market is estimated to reach revenue of USD 257.8 Billion by 2021

June 06 22:56 2017
Rise in disposable income and increase in health concerns to drive the European bakery market; estimated to reach $257.8 Billion by 2021.

According to the report “European Bakery Market: By Type (Baked Goods, Breakfast Cereals); By Distribution Channel (Retail, Artisan Bakers, Catering) & By Geography – Forecast (2016-2021)published by IndustryARC, the market is estimated to reach USD 257.8 Billion by 2021.

Browse 22 Market Tables, 82 Figures spread through 146 Pages and an in-depth TOC on “European Bakery Market (2016 – 2021)” – http://industryarc.com/Report/7523/european-bakery-market.html

The bakery market in Europe is a mature sector and has undergone significant changes as a result of increasing health concerns, rising disposable income and high demand for convenient food products. Apart from convenience, consumers in Europe look for instant and nutritious food products. The report provides a detailed analysis of the different types of bakery products and distribution channels in the European bakery market. The European bakery market is segmented into type and distribution channels.

The European bakery market is well established in terms of supply chain, consumer preferences and innovation platforms. The most consumed bakery products in Europe include biscuits and breads while demand for other bakery items such as cakes, pastries, and cookies is also increasing. Various trends such as gluten-free, wholegrain, ancient grain and additive free bakery products are observed in European bakery market. In European bakery market, breads and rolls have dominated the baked goods segment. The market for pizzas has the highest potential of growth due to high demand for frozen as well as chilled pizzas.

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European consumers are looking for ready-made food products that help them reduce calorie and sugar intake, without lessening of taste or pleasure. Manufacturers have adopted this trend and are experimenting with traditional bakery products to create added value and free-from category products.

The Key Players in this Market Include

Nestle (Switzerland)

Yildiz Holding (Turkey)

Warburtons (U.K.),

Barilla Holding SPA (Italy)

Kronenbrot (Germany)

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