Global Morning Goods Market Analysis 2018-2023 - Segmented by Product Type, Distribution Channel and Geography - ResearchAndMarkets.com

DUBLIN--()--The "Global Morning Goods 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 Morning Goods market was at USD 31,892 million in 2017 and is expected to witness a moderate CAGR during the forecast period. Convenience, influence of western culture, and increased preference for packaged bakery products accelerated the morning good demand.

The global morning goods sale crossed 4800 million Kg in 2015 with Donuts accounting for 687.5 million Kg. Pain Au Chocolate is projected to witness a CAGR of 3.2%, during the forecast period owing to rising consumer preference for European puff pastry in developing markets. Europe dominates the market holding a market share of 50.62% by volume, which is followed by North America. Asia-Pacific and the Middle East have recorded a high growth rate during the forecast period driven by developing economy and indulgence.

Donuts is the most significant category holding a share of 22% in the morning goods. Innovative flavor and varied product offerings are the key factors driving the donut sale globally. Baked goods are a convenient option for breakfast. Fresh bakery products are considered as healthier and thus, attracting the sale. Companies, which have shifted away from bakers to healthy snack products, have invested back to the donut business with additive-free range and flavors. Donuts are no longer considered as a breakfast option and paved its way more into a treat business. Retail donut market has observed a stiff competition from food service brands, affecting the market growth.

Key Developments

  • May 2017 - Dawn Foods expanded its range of dry mixes, bases and concentrates with the launch of two new gluten free Muffin Mixes, with further gluten free products

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

  • Grupo Bimbo S.A.B. de CV
  • Chipita SA
  • The Kellogg Company
  • General Mills Inc.
  • Campbells Soup Company
  • Yildiz Holding AS
  • Barilla G. e R. Fratelli SpA
  • Dan Cake A/S
  • Britannia Industries Limited
  • Finsbury Food Group Plc
  • United Biscuits (UK) Ltd

For more information about this report visit https://www.researchandmarkets.com/research/kh92vs/global_morning?w=4

Contacts

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Laura Wood, Senior Manager
press@researchandmarkets.com
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Related Topics: Baked Goods

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
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