bbi-2022-01-A clean break for bakeries
How clean-label goods with simple ingredients are maintaining popularity and profit. “I’m going to start eating cleaner.” It’s a common
Category: Market Studies
Study: consumers lack trust in food system
The EIT Food Trust Report shows that less than half of consumers have confidence in the food sector, with just a third believing that the food they eat is sustainable.
Bakery ingredients poised for growth
Overall, the global bakery ingredients market is set to witness growth at a value CAGR of 6.4% from 2022 until 2032, a report by Persistence Market Research shows. A CAGR of 7.3% is anticipated for South Asia and Pacific.
Sales of industrial ovens on the rise: study
Technavio anticipates a CAGR of 2.99% for the industrial bakery oven market worldwide by 2025, a growth of USD 267.98 m, a study shows. The research outlined a fragmented market, a trend expected to continue over the next three years.
Clean-label ingredients poised for growth
At 6.78% CAGR, the market for clean-label ingredients is anticipated to hit USD 68.57bn by 2028, says Brandessence Market Research. The global market for this segment was evaluated at USD43.32bn in 2021.
Mondelēz releases third annual State of Snacking report
Snacking is preferred over traditional eating occasions for third consecutive year, according to the consumer trends study published by Mondelēz International. The company issued its annual State of Snacking report on year-over-year insights.
Plant-based protein market to reach USD 22.7bn by 2031
The global plant-based protein market is expected to attract growth at a CAGR of 5.7% during the forecast period of 2021 to 2031, according to a study made by Transparency Market Research (TMR).
UK: Gluten-free shoppers have fewer food choices
Consumers struggled to find gluten-free goods and faced price increases over the past six months: 87% of 1,891 gluten-free shoppers surveyed said there were fewer gluten-free products available.
SE Asia: Increasing demand for artisanal and healthy products
The Southeast Asia bakery products market was valued at USD 13,470.18 million in 2020 and is projected to grow at a CAGR of 7.67% from 2021 to 2026, according to research by ResearchAndMarkets.com.
Bakery sales boost pea protein market
Pea protein ingredient sales are poised to reach a total of USD 1.25 Bn in 2021, according to an estimate made by Future Market Insight (FMI). Sales in the bakery sector are expected to reach USD 341.1 Mn.
Functional ingredients garner interest
Consumers increasingly favor better-for-you products, and their additional spare time at home has changed the way they handle eating occasions. These changes are reflected in developments in the bakery industry post-COVID-19.
Innova: Immune health concerns here to stay
Innova Market Insights’ consumer research indicates that one in four people globally has become more concerned about their immune health since before the pandemic. The most significant increase was among Millennials (aged 26 to 35 years) and younger Gen X (aged 36 to 45 years).
