The Global Market for Bakery Products is Projected to Exceed US$485 Billion by 2020
Rising Demand for Trans-Fat Free, Multi-Grain and Whole Grain Based Baked Goods Drives the Bakery Products Market, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Bakery Products market. The global market for Bakery Products is projected to exceed US$485 billion by 2020 , driven by surging popularity of healthy, organic, and all natural baked goods, and rising consumption of bread worldwide. Comprising bread, breakfast cereals, biscuits, cakes and pastries, among others, bakery products represent an integral part of the lifestyle of a large number of people in various countries across the world. Growth in the market is attributed to various factors including availability of broad range of products at reasonable price points, convenience of ready-to-eat products, rapid urbanization, hectic lifestyles, vast product offerings with d...