Opportunities in Eastern Europe Bakery & Cereals Sector: Analysis of Opportunities Offered by High Potential Countries

2017-06-22
Price :
Published : Jun-2017
No. of Pages : 118
Inquire before Buying request discount

Opportunities in Eastern Europe Bakery & Cereals Sector: Analysis of Opportunities Offered by High Potential Countries

Summary

Global Bakery & Cereals sector was valued at US$477,950.4 Million in 2016 and is forecast to record a CAGR of 3.4% during 2016-2021, to reach US$565,588.3 Million by 2021. The Eastern Europe Bakery & Cereals sector registered the highest volumes sales of 31,196.9 kg Million in 2016. The sector also registered the highest per capita consumption of 87.0 kg in 2016, as Bread and Rolls are the staple foods of the majority of consumers in Eastern Europe. With a rich baking tradition, this region has the highest volume sales in in the world.

Eastern Europe Bakery & Cereals sector is expected to grow from US$39,689.3 Million in 2016 to US$44,042.3 Million in 2021, at a CAGR of 2.1%. Bread & Rolls was the largest market with value sales of US$24,411.6 Million (accounting for 61.5% of the overall value sales in the Eastern Europe Bakery & Cereals sector) in 2016. Cookies (Sweet Biscuits) and Cakes, and Pastries & Sweet Pies were the other leading markets in the region, accounting for value shares of 11.4% and 10.4% respectively in 2016. Of the high potential countries identified, Russia is the largest market, followed by Ukraine and Bulgaria.

The value of Bakery & Cereals with Health & Wellness attributes stood at US$1,861.0 Million (4.7% of the overall Bakery & Cereals sector) in 2016 and is forecast to reach US$2,173 Million in 2021. The growth of the Health & Wellness market is largely attributed to the growing preference for organic, natural, and healthy foods, due to the rising prevalence of lifestyle diseases such as diabetes, heart disease, and obesity, and the positive perception towards natural and organic products.

Food & Drink Specialists is the largest distribution channel in the Eastern Europe Bakery & Cereals sector, accounting for 43.9% of overall value sales in 2016, followed by Hypermarkets & Supermarkets and Convenience Stores, which accounted for 29.7% and 22.7% of value shares, respectively in 2016. However, the expansion of leading Western Europe retailers such as Tesco is expected to drive the sales through Hypermarkets & Supermarkets in the region.

Overall Bakery & Cereals sector in the Eastern Europe region is fragmented, with the top five brands – Titan, Grau Intreg, Eti Mek, 7 Days and Magura – accounting for just 4.3% of overall value sales in 2016. Private Label held a value share of 4.7% in the same year. Eastern Europe consumers prefer artisanal bread and rolls over packaged bread products offered by large businesses. As a result, Artisanal Producers accounted for 35.7% of overall value sales in 2017.

The report “Opportunities in Eastern Europe Bakery & Cereals Sector” brings together multiple data sources to provide a comprehensive overview of the Eastern Europe Bakery & Cereals sector.

In particular, this report provides the following analysis –
– Market overview: Includes sector size, market size and growth analysis by markets.
– Change in consumption: Provides a shift in the consumption of Bakery & Cereals by markets across different countries in the Eastern Europe region.
– Countries analysis: Provides Risk-Reward analysis of four countries in Eastern Europe based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Bakery & Cereals sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Bakery & Cereals in 2016. It also covers the market share of leading companies offering Bakery & Cereals with health and wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the Eastern Europe region, besides analyzing the growth of private label in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the Eastern Europe Bakery & Cereals sector in 2016. It covers seven distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drink Specialists, eRetailers, Cash & Carries and Warehouse Clubs, “Dollar Stores,” Variety Stores & General Merchandise Retailers, and Others that include Vending Machines and Other Retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Bakery & Cereals.

Companies mentioned in this report: Yildiz Holding, Vel Pitar, United Bakeries, Titan Sa, Kellogg’s, Mondelez, KEX Confectionary, ETI Gids San ve Tic, Chipita, Cereal Partners Worldwide.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Eastern Europe Bakery & Cereals sector . It includes analysis on the following –
– Market overview: Includes sector size, market size and growth analysis by markets.
– Change in consumption: Provides a shift in the consumption of Bakery & Cereals by markets across different countries in the Eastern Europe region.
– Countries analysis: Provides Risk-Reward analysis of four countries in Eastern Europe based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
– Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall Bakery & Cereals sector during 2011-2021. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of Bakery & Cereals in 2016. It also covers the market share of leading companies offering Bakery & Cereals with health and wellness attributes in the same year.
– Brand Analysis: Provides an overview of leading brands in the Eastern Europe region, besides analyzing the growth of private label in the region.
– Key distribution channels: Provides analysis on the leading distribution channels in the Eastern Europe Bakery & Cereals sector in 2016. It covers seven distribution channels – Hypermarkets & Supermarkets, Convenience Stores, Food & Drink Specialists, eRetailers, Cash & Carries and Warehouse Clubs, “Dollar Stores,” Variety Stores & General Merchandise Retailers, and Others that include Vending Machines and Other Retailers.
– Preferred packaging formats: The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Bakery & Cereals.

Reasons to buy

– Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
– The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
– The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
– To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Bone & Joint Health Supplements Market by Type (Vitamin D, Vitamin K, Calcium, Collagen, Omega 3-Fatty Acid, Glucosamine-Chondroitin), Distribution Channels, Form (Tablets, Capsules, Liquid, Powder), Target Consumers and Region – Global Forecast to 2027

The global bone & joint health supplements market is estimated to be valued at USD 11.7 billion in 2022. It is projected to reach USD17.6 billion by 2027, recording a CAGR of 8.5% during the forecast period. Rising incomes have prompted households to increase their budgets and spend more on health and nutrition in addition to necessities such as food. Nutrition bars, in addition to protein supplements, are gaining popularity, particularly in urban areas. According to experts, food/sport supplements are becoming more popular, particularly vegetarians, increasingly feel the need to meet their protein requirements in order to stay healthy. “North America is projected to witness the growth of 7.9% during the forecast period.” The bone & joint health supplements market in Nort......
 $4950

Irrigation Automation Market by System (Automatic, Semi-automatic), Component (Controllers, Valves, Sprinklers, Sensors, Other components), Irrigation Type (Sprinkler, Drip, Surface), Automation Type, End-Use and Region – Global Forecast to 2027

The global market for irrigation automation is estimated at USD 4.2 Billion in 2022; it is projected to grow at a CAGR of 17.2% to reach USD 9.2 Billion by 2027.Key opportunities that promote the growth of this market include the presence of large-sized farms, which makes the adoption of irrigation automation ideal. The automatic irrigation system is growing at a high CAGR in the global irrigation automation market during the forecast period Automatic irrigation automation systems require no human intervention, which is why it is widely being adopted among the educated farmers. Automatic systems have a central controller that allows the growers to adjust when, where, and how much water is to be applied. Most controllers have a percentage adjust control so that it is simpler to adjust......
 $4950

Non-Meat Ingredients Market by Ingredient (Binders, Extenders, Fillers, Coloring & Flavoring Agents, Salts & Preservatives), Type (Beef, Pork, Mutton, Poultry), Product, source (plant, chemical, animal) & Region – Forecast to 2027

The global non-meat ingredients market is estimated to be valued at USD 36.6 billion in 2021. It is projected to reach USD 46.7 billion by 2027, recording a CAGR of 4.2% during the forecast period. The ease of use and hassle-free preparation offered by meat products processed with non-meat ingredients has added to their growing popularity and demand. To cater to the ever-increasing demand for processed meat products, processing plants are adopting various ways to increase production. One such method is the use of non-meat ingredients during meat processing. Meat processing plants are recognizing the importance of non-meat ingredients and their effects on end products. Non-meat ingredients such as binders, fillers, extenders, coloring agents, texturing agents, flavoring agents, preservative......
 $4950

Seaweed Protein Market by Source (Red Seaweed, Green Seaweed & Brown Seaweed), Extraction Process (Conventional Method & Current Method), Mode of Application (Food, Animal Feed & Additives, Personal Care & Cosmetics) & Region – Global Forecast to 2027

The market for Seaweed protein is estimated at USD 585 million in 2022; it is projected to grow at a CAGR of 14.1% to reach USD 1131 million by 2027. Increasing consumer health awareness and rising vegan population across regions are factors that have encouraged people to shift to alternate plant based protein such as seaweed protein. Consumers have become increasingly aware and conscious of their dietary habits. Lifestyle changes, along with a better understanding of fitness and health, have encouraged people to consume natural products. Increasing health awareness has also led consumers to shift to seaweed protein based products that are specific to their requirements. Consumers have become increasingly inclined toward a healthy lifestyle and nutrition rich natural food. With changing pr......
 $4950

Juice Concentrates Market by Type (Fruit, and Vegetable), Application (Beverages, Soups & Sauces, Dairy, and Bakery & Confectionery), Ingredient (Single-, and Multi-Fruit and Vegetable), Form, and Region – Global Forecast to 2027

The global juice concentrates market is estimated to be valued at USD 73.7 billion in 2022. It is projected to reach USD 93.7 billion by 2027, recording a CAGR of 4.9% during the forecast period. The beverage sector within the application has witnessed a revolutionary shift toward a healthier profile, the demand for innovation within the product portfolio followed an increasing trend. The changing dietary preferences of the people have led to a significant rise in the consumption of nutritional foods and juices, which in turn is expected to increase the demand for juice concentrates in the market. Therefore, manufacturers of fruit juice concentrates around the world are becoming innovative, market-driven, and cost-efficient. The market is witnessing strong demand for consistently high qual......
 $4950

Specialty Food Ingredients Market by Type (Acidulant, Colors, Flavors, Enzymes, Emulsifiers, F&B Starter Culture, Preservatives, Functional Food Ingredients, Specialty Starches, Sugar Substitutes), Distribution Channel – Global Forecast to 2027

The global specialty food ingredients market is estimated to be valued at USD 148.2 billion in 2022. It is projected to reach USD 196.2 billion by 2027, recording a CAGR of 5.8% during the forecast period. Specialty food ingredients have technological and/or functional benefits and are essential in providing today's consumers with a wide range of tasty, safe, healthy, affordable, qualitative, and sustainably produced food. They form a key segment in the European food industry that is used in many consumer foods and have consequently become part of our daily life. Several developments have been made over the past few decades in the field of specialty food ingredients. The global demand for specialty food ingredients is on the rise in the food & beverage and health supplement industri......
 $4950

Fruit & Vegetable Ingredients Market by Category (Fruits and Vegetables), Nature (Organic, Conventional), Type (Concentrates, Pastes & Purees, NFC Juices, and Pieces & Powders), Application, and Region – Global Forecast to 2027

The fruit & vegetable ingredients market is estimated to be valued at USD 207.8 billion in 2021. It is projected to reach USD 280.9 billion by 2027, recording a CAGR of 5.2% during the forecast period. The global fruit & vegetable ingredients market can be defined as those fruit and vegetable products which are processed naturally or chemically to withstand the flavor and taste to be used in various applications—is witnessing significant growth due to the increasing awareness about the natural ingredients and cost-effectiveness offered by them, along with the enhanced functionalities they provide in comparison to native ingredients. Fruit & vegetable ingredients are a processed or semi-processed form of raw fruit & vegetables, which are transformed into concentrates, past......
 $4950

3D Food Printing Market by Vertical (Government, Commercial, and Residential), Technique (Extrusion Based Printing, Selective Laser Sintering, Binder Jetting and Inkjet Printing), Ingredient and Geography – Global Forecast to 2027

“The 3D food printing market is projected to grow at a CAGR of 57.3%.” According to MarketsandMarkets, the 3D Food Printing market is estimated to account for nearly USD 201 million in 2022 and is projected to grow at a CAGR of 57.3%, to reach nearly USD 1,941 million by 2027. The 3D food printing market is mainly impacted by innovations, as manufacturers are always introducing new processing techniques to produce complex food products of different shapes and sizes, thereby focusing on catering to the increasing demand of customized food products and changing consumer behavior. “Asia pacific: fastest growing segment of 3D food printing market, by region” The 3D food printing market in the Asia Pacific is projected to witness the fastest growth between 2022 and 2027. Asia P......
 $4950

HMO Market by Type (2’ Fl, 3’ Fl, 3’ Sl, 6’ Sl), Application (Infant Formula, Functional Food & Beverages, Food Supplement), Concentration (Acidic, Neutral) & Region (North America, Europe, APAC, South America, RoW) – Global Forecast to 2027

The global market for HMO market is estimated to be valued at USD 199 million in 2022. It is projected to reach USD556 million by 2027, recording a CAGR of 22.7% during the forecast period. Human milk oligosaccharides (HMOs) are part of the functional ingredients of breast milk. They are the third most abundant component of milk after lactose and lipids. HMOs act as prebiotics; they support beneficial bacteria growth and have anti-pathogenic effects. Recent studies show that HMOs can boost infant health and reduce disease risk. HMOs are the main nutrients that benefit infants’ growth and are abundantly present in human milk. Currently, HMOs have been synthesized artificially in infant milk formulations to benefit infants who cannot be fed with breast milk, support their growth, and provi......
 $4950

Food Grade Lubricants Market by base oil [Synthetic Oil, Mineral Oil, Bio-based], Application (Food, Beverages, Pharmaceuticals & Cosmetics), and Region (North America, Europe, Asia Pacific, MEA, South America) – Global Forecasts to 2027

“Increasing demand for bio-based food grade lubricants is expected to drive the food grade lubricants market.” The food grade lubricants market is estimated to grow to USD 495 million by 2027 from USD 352 million in 2022, at a CAGR of 7.0%.There are many environmental issues related to synthetic and mineral oil-based food grade lubricants. The healthcare and food-processing industries demand a need for food grade lubricants that are less toxic and biodegradable. Research aimed at enhancing the performance of current bio-based lubricants will be key to meeting this need because of its numerous advantages over synthetic and mineral oils such as high boiling point means less emissions, high biodegradability, high lubricity, high shear stability, high tool life, high viscosity index, lo......
 $4950
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy