A knack for snacks
Global snack sales surpassed USD 680 billion in 2024, Euromonitor International estimates show. While North America contributed to 28 % of all global snack sales in 2023, India remains the world leader in snacking habits.
Global snack sales surpassed USD 680 billion in 2024, Euromonitor International estimates show. While North America contributed to 28 % of all global snack sales in 2023, India remains the world leader in snacking habits.
The global market for frozen pizza will reach USD 27.4 billion by 2030, new research from Research And Markets shows. The segment was worth USD 20.4 billion in 2023 and is projected to grow at a CAGR of 4.3% until 2030, the researcher concludes in the report.
By Kate Kehoe, Marketing Executive at FMCG Gurus Many consumers tend to scrutinize nutritional labels when buying bakery products, with
Zeelandia, backaldrin, SchapfenMühle, sourdough specialist BÖCKER, the Martin Braun Group, BAKELS Germany and CSM Germany assess the market situation in the new issue of brot+backwaren.
Spice – literal and figurative – is being added to a wide range of more everyday foods, for added excitement, according the the 2024 Global Taste Charts published by Kerry.
By Kate Kehoe, Marketing Executive, FMCG Gurus Consumers snack for a variety of reasons. This can range from being a
Consumers snack for a variety of reasons. This can range from being a substitute for a skipped meal, needing an energy boost, or for a moment of escapism and comfort. Bakery products are popular among consumers for snacking, with 63% of global consumers turning to biscuits and cookies as their preferred type of snack, according to Kate Kehoe, Marketing Executive, FMCG Gurus.
In the bakery industry, there is a growing preference for taste, without forgetting health priorities, when deciphering between products among consumers, according to market research done by FMCG Gurus.
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).
2020 was the year of baking bread. When COVID-19 put the world on lockdown, panicked consumers stocked up on flour and yeast and started kneading. As a result, baking staples saw exponential growth.
In 2020, dining in became the new dining out. As the restaurant and travel industries reopen, new culinary behaviors acquired in that year have varying degrees of staying power that will influence bakery and snack product innovation.
How eCommerce, click-and-collect, and brick-and-mortar are rapidly changing baked goods purchases.