DUBLIN--(BUSINESS WIRE)--The "Opportunities in the Asia-Pacific Bakery & Cereals Sector: Analysis of Opportunities Offered by High growth Economies" report has been added to Research and Markets' offering.
Asia-Pacific is the third largest B&C market in the world, accounting for US$95,834.5 Million in 2016, and is forecast to reach US$132,392.8 Million in 2021.
Cakes, Pastries & Sweet Pies is the largest market within the sector, accounting for US$30,816.4 (32.2% of the overall B&C sector ) in 2016, and is expected to reach US$44,633.1 Million in 2021, growing at the highest CAGR of 7.7%. At a country level, China alone accounts for 36.4% of this market, followed by Japan at 33.8%. In volume terms, China is again the largest market with a 31.9% share, followed by India at 25.4% share in 2016.
Health & Wellness market stood at US$8,202.2 Million in 2016, contributing 8.6% of the overall Asia-Pacific Bakery & Cereals sector. Among the high potential countries, Japan and Australia are the largest markets, accounting for US$2,300.3 Million and US$1,426.7 Million in 2016, while China and Singapore are forecast to witness the highest CAGRs of 9.0% and 7.9% during 2016-2021. Furthermore, Singapore has the highest share of H&W products at 25.4% of the overall B&C sector within the country.
Hypermarkets & Supermarkets was the mode of choice in the Asia-Pacific B&C sector, amounting to 43.5% of overall B&C sales, followed by Food & Drinks Specialists with a 33.4% share in 2016. Among the high potential countries, Japan has the highest share of Hypermarkets & Supermarkets with a 61.2% share, followed by Australia and Singapore with shares of 57.9% and 56%, respectively, in 2016. China has a relatively low share of 29.5% of Hypermarkets & Supermarkets, as consumers shop from local stores for B&C products such as Savory Biscuits and Breads & Rolls on a daily basis.
Overall Bakery & Cereals sector in the Asia-Pacific region is fragmented with the top five brands - Yamazaki, Pasco, Oreo, Parle-G, Fuji- accounting for 9% in 2016. Private label held a 6.5% share in the overall B&C sector, with good growth across markets.
Key Topics Covered:
1. Executive summary
2. Market size and growth analysis (Regional analysis )
3. Growth potential by countries in Asia-Pacific
4. Market size and growth analysis
5. Country Profiles
6. Success Stories
7. Company and Brand Analysis
8. Health & Wellness Analysis
9. Key Distribution Channels
10. Key Packaging Formats
11. Challenges and Future Outlook
- Yamazaki Baking
- Pasco Shikishima
- Parle Products
- Orion Confectionary
- Mondelz International
- Goodman Fielder
- Fuji Baking
- Campbell Soup
- Britannia Industries
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