Edible mushrooms are fleshy, edible fruits of many species of macrofungi consumed for their nutritional and medicinal value. Growing cultivation on account of growing awareness of the nutritional value of mushrooms is the prime driver of the market. Mushrooms are a rich source of riboflavin, niacin, and pantothenic acid, and are low calorie foods thus making them ideal for lowering cholesterol. Mushrooms have negligible saturated fat, sodium and gluten content while they are high in fiber making them popular among the health-conscious consumers. Certain species of mushrooms such as prized truffle, matsutake and morel fetch a very hgigh price making them commercially attractive. Mushrooms also are traditionally prized for their medicinal properties and are known to lower the risk of cardiovascular diseases and improve the body’s metabolism.

The advancements in processing and packaging coupled with development of refrigerated supply chain have rendered their transport efficient. Attractive economics of cultivation and processing such as low land needs, vertical farming, and development of irradiation facilities are expected to further improve the market demand.

Top Key Players Analysis

Some of the leading players profiled in the Global Edible Mushroom Industry are Monaghan Mushrooms (Ireland), Monterey Mushrooms, Inc. (U.S.), The Mushroom Company (U.S.), Okechamp S.A. (the Netherlands), Lutèce Holding B.V. (the Netherlands), Bonduelle Group (France), and Shanghai Finc Bio-Tech Inc. (China) and others.

Industry Segments

To separate the grains from the husk the Global Edible Mushroom Market has been segmented on the basis of type, category, distribution channel, and regions.

Based on type, the market has been segmented by button mushroom, shiitake mushroom, oyster mushroom, others. Button mushroom accounts for the largest market share.

Based on category, the market has been segmented by fresh mushrooms, processed mushrooms (canned, frozen, dried, others). Fresh mushrooms accounts for the largest market share owing to lack of processing facilities and local nature of trade.

Based on distribution channel, the market has been segmented by store based (supermarkets/hypermarkets, specialty retailers, convenience stores, others), and non-store based (e-commerce). Sale through store-based channels accounts for the largest share owing to convenience shopping.

Based on regions, the market has been segmented by North America, Europe, Asia Pacific, Middle East and Africa, rest of the World.

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Regional Analysis

Asia Pacific region accounts for the largest share of the global edible mushroom market led by China, Japan, South Korea and India. China is the leading producer and the largest market of mushrooms accounting for 65 % of the global production.

Europe accounts for the second largest market with Italy, Netherlands, Poland, Spain, France, and United Kingdom accounting for more than 75 % of the European market.

North America accounts for the third largest share of the market with the U.S. In the leading position.

The Middle East and Africa market is domi9nated by the gulf economies led by Saudi Arabia, UAE and Qatar.

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Vitamins are organic nutrient essential in miniscule amounts, which cannot be synthesized by the body and which need to be supplied by external sources such as diet. The market for global vitamin supplements is expected to surge at a CAGR of 14.0% during the forecast period ending 2024.

Growing awareness of benefits of vitamins, increasing urbanization, growing influence of media, changing lifestyles, poor dietary intake due to sedentary lives and consumption of junk foods, rising incomes, growing adoption of vitamins in animal feeds, growing prevalence of immune-compromised patients and disease such as rheumatic disorders, cardiology, and allergy are the drivers of the market. However the growing ageing population especially the baby boomers will shift the healthcare market towards supplements. The effect is reflected by the estimates by the Council for Responsible Nutrition which states that 68% of Americans consume dietary supplements in 2015. Moreover older people account for 35 percent of U.S. health supplements market.

Major Players:

Prominent players of the Vitamin Supplements Industry include Glanbia plc. (US), Reckitt Benckiser Group plc. (UK), NBTY, Inc. (US), Pharmavite LLC., and Nutramark, LLC, Country Life LLC., Rainbow Light Nutritional System, Inc., Reckitt Archer Daniels Midland Company, BASF, Unilever, and DuPont and others.

Industry Segmentation:

To generate an accurate assessment of the market the global vitamin supplements market is divided by type, application, end users and others.

Based on type, the market has been segmented by Vitamin D, Vitamin C, Vitamin A, Vitamin B, vitamin E, others

Based on application, the market has been segmented by healthcare, personal care, food & beverages, others

Based on channels, the market has been segmented by retail, whole sale, ecommerce and others

Based on regions, the market has been segmented by North America, Europe, Asia Pacific, Middle East and Africa.

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Regional Analysis

North America and Europe accounted for the largest market share of greater than 30 % in 2016. The factors driving the dominance of North America and Europe are large economy, large per capita income, and presence of large market players. Germany, Sweden, France and the U.K. dominate the European region.

Asia Pacific is projected to be the fastest growing market led by Japan, South Korea, China and India owing to availability of feed stock due to their diverse agriculture and labor attractiveness. Asia-Pacific accounts for 31.4 % of the global vitamin supplements market.

The Middle East and Africa region is anticipated to generate a moderate growth skewed in favor of the Gulf economies of Saudi Arabia, Kuwait and UAE.

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Global Ready to Eat Meals Market have emerged as the next big trend in the food and beverage sector. The market has developed rapidly due to the prevalence of a fast paced lifestyle, especially in urban areas. Market Research Future, which focusses on market reports associated to Food, Beverages & Nutrition sector among others, have lately made available a report on this industry. Global Ready to Eat Meals Market expected to grow at a CAGR rate of 6% approx. from the year 2016 to 2024.

Amplified development in terms of food preparation and processing have been a positive stimulant to the expansion of the market. Heightened preference of working professionals for easy to make meal options has fuelled the evolution of the market at a swift pace. Health based meals have also been of the quickly growing areas of the market as individuals are on the lookout for meals that are precooked.

Leading Players

With the entrance of new companies, existing companies are trying to achieve an extensive share of the industry share urgently with operative business plans that can fill the void and settle the dynamics of the rivalry in the market. The segment players are trying to attain a huge share in the market segment, which is quickly – evolving. Solid growth trends have also been perceived for the industry with the development of diverse assortments of products. The best growth opportunities for the long term in this sector can be captured by warranting ongoing process improvements and financial elasticity to capitalize on optimal strategies.

The important players profiled in the Ready to Eat Meals Industry are Bakkavor Group Ltd (U.K.), Premier Foods Group Ltd (U.K.), General Mills (U.S.), (British Virgin Islands), Nomad Foods Ltd and McCain Foods (Canada) to name a few.

Regional Analysis

The industry for global Ready to Eat Meals is divided into Europe, North America, Asia Pacific, and Rest of the World (RoW). Among the different regions, the North American region has the main market share trailed by Europe and Asia Pacific. Rising population and increase in disposable income in Asia Pacific region is boosting the demand for ready to eat meals in this particular region.

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Industry Segments

The market for ready to eat meals has been divided on product types into bakery, ready meals and mixes, non-alcoholic beverages, herbs and spices, soups, noodles and pasta among others. The packaging segment of the industry includes of box, can, vacuum pack sachet, bag and others. The cuisine type divides the market into Italian, Indian, Continental, Chinese and others. The specialty type segment of the market is categorized into preservative free, vegetarian, natural, non-vegetarian and others. The form segment divides the market into frozen, dried, cooked, instant, fresh and others.

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Global Savory Snacks Market is growing at an incremental pace globally. Growing consumer pro-activeness towards health problems has boosted the demand for savory snacks as they comprise essential ingredients and possess familiar taste. Changing approaches of the customers towards snacks and healthy food has heavily influenced the global savory snacks market. Increasing consumers’ inclination towards healthy snacks has led the global savory snacks witness a strong growth over the past few years. Teenagers are identified to consume savory snacks more between the meals while others tend to consume the product more as a treat. Growing health consciousness has enforced manufacturers and producers to deliver to this demand, by offering various low calorie, low fat, and gluten-free products. Availability of a huge number of existing flavors along with increasing research and development by key market players to innovate new flavors is further projected to drive the market over the forecast period.

Competitive Analysis

Entry of new players in the with their unique product-line has created competitive environment on the global platform. Continuous innovation and new product launches are the major strategies followed by the established players in order to sustain their consumer base and capture the attention of mass consumers towards their offerings. Each player is coming up with new ideas to surge their market share against others. With companies aiming to capture a significant share of the market as early as possible, they are also undergoing strategic business moves to expand their production along with geographical presence. Technological advancements and innovative product offering are the long-term growth opportunity for this sector.

The key players profiled in Global Savory Snacks Industry Report is PepsiCo (U.S.), Kraft Foods Group, Inc (U.S.), ConAgra Foods, Inc (U.S.), CALBEE, Inc (Japan), Diamond Foods, Inc (U.S.), General Mills, Inc (U.S.), Intersnack Group GmbH & Co. KG (Germany), Lorenz Bahlsen Snack-World Group (Germany), Kellogg Company (U.S.), and Orkla ASA (Norway) among many others.

Market Segments

The global savory snacks market has been divided into type, distribution channel, and region.

On The Basis Of Type: Potato Chips, Processed Snacks, Popcorn, Nuts, and Others

On The Basis Of Distribution Channel: Store Based, and Non-Store Based

On The Basis Of Region: North America, Europe, Asia Pacific, and ROW.

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Regional Analysis

Global Savory Snacks Market is segmented into North America, Europe, APAC, and Rest of the World (RoW). Global savory snacks market is highly dominated by Asia Pacific and North America in terms of revenue. Japan and China together accounted the major share in Asia Pacific. The consumers in developed countries of North America have started adopting healthier lifestyles because of rising concerns about obesity. Savory snacks account high demand in Europe as these products are consumed at various occasions by the population in this region. The market is driven by countries such as the UK and Spain in Europe as the consumers tend to highly consume “on-the-go” snacks such as instant energy booster in place of whole meals. The demand for savory snacks is also rising rapidly in countries such as Netherlands, Norway, and Germany. However, India, China and Mexico are expected to be the most lucrative market during the forecast period.

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Global Organic Sugar Market has witnessed continued demand during the last few years and is projected to reach USD 1314.53 million at a CAGR of 15.55% by 2024. Diverse application for organic sugar in various industries, majorly in the prepared food & beverages production is likely to drive the global organic sugar market over the forecast period.

Sugarcane crop is increasingly sprayed with harmful pesticides and chemicals during growing stage to protect crops from various pests and weeds. These pesticides can cause severe health issues among consumers. However, organic farming of sugarcane eliminates the risk of harmful pesticides. Hence, lack in use of pesticides is another key factor spiking the demand for organic sugar. Organic sugar retains various nutrients which otherwise are lost during over-processing of conventional sugar. The organic unrefined sugar contains 17 amino acids, 11 minerals (such as sodium, magnesium, and calcium) and many different vitamins. It retains its fructose and glucose along with sucrose, while the processed sugar only contains sucrose and glucose. Therefore, this factor is playing a key role to drive sales of organic sugar.

The market players have increased their level of investment in research to identify right formulation and to improve product functionality in order to capture lion’s share and create brand recognition in organic sugar market.

Major Key Players

The key players profiled in Organic Sugar Industry are DWARIKESH Sugar Industries Limited (India), RAIZEN S.A (Brazil), MITR PHOL Group (Thailand), WANGKANAI Group (Thailand), Shree Renuka Sugars Limited (India), TEREOS INTERNACIONAL (Brazil), COSAN Ltd. (Brazil) and Bunge Limited (Brazil)

Key manufacturers are focusing to enhance its brand name by arranging various promotional activities. The company has participated in various social media promotions, events and interaction with the consumers. The manufacturers have demonstrated their new product offerings in order to attract the new customers. By this strategy the product of the company will be popular among the consumers which will aid to increase the overall profitability of the company. Moreover, the key players are emphasizing in the research & development process in order to introduce new product also to extend the product line. Key players are introducing various new products to increase the volume sales and also to increase the overall revenue of the company.

Global Market Segments

Global Organic Sugar Market has been divided into Application, and region. On the Basis of Application: Food & Beverages, Pharma and personal care, others. On the Basis of Region: Latin America, Asia Pacific, and Rest of the World

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Regional Analysis

The Global Organic Sugar Market is segmented into Latin America, APAC and Rest of the World (RoW). Latin America is estimated to retain its dominance throughout the forecast period of 2017-2024. Among the Latin American countries, Brazil is accounting for major market share due to the high production of organic sugar. Paraguay is also holding 30% of the market proportion in the Latin America organic sugar market. Also, Paraguay exports the maximum production to USA. Asia Pacific region is also accounting for significant market share in the global organic sugar market in the year of 2017 and it is expected to witness massive growth during the forecast period. Among the Asia Pacific, Thailand is one of the attractive destination among the organic sugar manufacturers. Apart from that, Colombia, and Ecuador collectively account for 80% of the market share in the Rest of the World.

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Global Organic Spices Market for has witnessed continued demand during the last few years and is projected to reach 5,981 kilo tons by 2024, at a CAGR of 4.89% from 2016 to 2024. Increase in versatile demand across various food and beverage segments particularly for convenience foods and beverages is likely to drive the global organic spices market. India being a major producer of spices boosts stronger potential for organic spices supply. Spice exports contribute to nation’s gross income considerably in countries like China, India, Africa and the Middle East. Organic spices are generally sold at premium spices and also in greater demand which can further enhance export revenues in major spice producing countries. The global market for organic spices has witnessed continued demand during the last few years and is projected to reach 5,981 kilo tons by 2024, at a CAGR of 4.89% from 2016 to 2024. Increase in versatile demand across various food and beverage segments particularly for convenience foods and beverages is likely to drive the global organic spices market during forecast period 2016 to 2024.

Major Key Players Analysis

The leading market players in the Global Organic Spices Industry primarily are Simply Organic, Earthen Delight, Organic Spices, Frontier Natural Products, Rapid Organic, SOAP, Yogi Botanicals Pvt Ltd, Live Organics Pvt Ltd, The Spice Hunter, Inc. And STARWEST botanicals Inc.

This report includes a study of strategies such as mergers and acquisitions, product launches by the major organic spices market players. It further includes product portfolios, developments of leading major players which includes

Based on organic spice function, flavor formed an essential function base for organic spices enabling it to gain maximum share in the year 2016 followed by color. Spices have been majorly used for flavoring or as a garnish since ancient times. The flavor of a spice is derived in part from compounds (volatile oils) from various parts of plants roots, seeds, bark and other plant parts. Based on organic spice form, whole form and powdered form held a major share in the organic spices market in the year 2016. Increase in demand for convenience products there is strong potential for powder form growth in the organic spices market. Crushed/chopped/flakes are emerging as new segment especially for bakery and pizza preparations

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Regional Analysis

Global Organic Spices Market is segmented into Europe, North America and Asia Pacific along with rest of the world (RoW). Asia-Pacific region is estimated to dominate the market in the year 2016 followed by North America. India, China and Vietnam are major organic spice producers in the Asia-Pacific region. Presence of various agro-climatic zones and seasons support various organic spices production in this region. Guatemala and Mexico are major organic spices market in the North-American and Central America region. Strong potential of spices production and consumption favors organic spices market growth the most among the various regions in the world.

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Chocolate is derived from cocoa, mixed cocoa butter and sugar or sugar substitutes to produce a solid confectionery. There are several types of chocolate, classified according to the proportion of cocoa used in a particular formulation. The labelling of ingredients and subject to international governmental regulation. With changing lifestyle and evolving dietary pattern, healthy food & beverages plays an important role in defining the consumers’ food choices in the modern world. The trend of consumption of sugar-free, fat-free, GMO-free and others began in western world and spread to other regions rapidly. Today's consumer is eager to try low-sugar or sugar-free products, but not at the expense of enjoyment, not least when it comes to chocolate.

Maltitol probably the best substitute for sugar - not only provides sweetening power virtually identical to sugars but does it with little more than half the calories. This will delight confectionery gourmets with waistline worries and chocolate addicts trying to reduce their sugar intake. The sweet taste of maltitol, combined with physico-chemical characteristics like those of sucrose, make it the most effective substitute for sugar in many applications and especially in the manufacture of chocolate. Thus, making chocolate healthy and guilt-free. Sugar free chocolates are not only healthy for diabetics’ patients but also helps consumers achieve their weight loss target without giving up the food they love. Hence, these factors will support the growth of this market during the forecast period. Globally the market (Volume) for sugar-free chocolate is estimated to grow at the rate of about 6.85 % from 2017 to 2023.

Leading Key Players

With the entry of new industry players in the sugar-free chocolate segment, the demand from various food and beverage manufacturers have increased based on consumers trending demand for natural and chemical-free pure form of chocolates. Major strategy followed by the key players is identified to be increasing their production capacity as well as product promotions to spread awareness about the health benefits gained from sugar-free chocolate consumption. The best long-term growth opportunities for this sector can be captured by ensuring ongoing new product launch experimenting with new flavors and R&D investments.

The key players profiled in Global Sugar-Free Chocolate Market Trend Report are Ghirardelli Chocolate Company (U.S.), Godiva Chocolatier (U.S.), Lindt & Sprüngli (France), Russell stover (U.S.), Hershey (U.S.), Thin (U.S.) and Guilin (Belgium)

Latest Industry Updates

Dec 2017 increasing health consciousness has raised the demand for healthy sweets in the market. In order to support the movement, Barry Callebaut developed a range of sugar reduced products in the global market.

Jun 2017 Russell Stover Candies, Inc. announced the launch of their sugar-free chocolate line in Chicago. The product is available in new varieties including pecan delights, mint patties, peanut butter cups and coconut.

Mar 2017 To support consumers’ growing inclination towards low-sugar consumption, KitKat maker Nestlé announced to be removing 10% of sugar from its chocolate in UK and Ireland from 2018.

Nov 2016 in order to encourage the consumption of low-caloric confectionery, Thai based company called Glico launched sugar-free chocolate product.

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Industry Segments

Sugar-Free Chocolate Market has been divided into Type, Distribution Channel and Region.

Based on Distribution Channel: Store Based and Non-Store Based

Based on Type: Dark, White, Milk, and Others and

Based on Region: North America, Europe, Asia Pacific, and ROW.

Regional Analysis

Global Sugar-Free Chocolate Market is segmented into America, Africa, and Rest of the World (RoW). Global Sugar-Free Chocolate Market is highly dominated by America due to high production capacity and cultivation of cocoa in the region. America is also fastest growing region due to changing lifestyle and increasing health awareness in the region. The production of sugar-free chocolate from the European region is anticipated to grow at a high rate in the upcoming years.

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Global Alcoholic Beverages Market is projected to grow at the CAGR of 2.8%. Alcoholic is an odorless liquid obtained through the fermentation of sugar. Various types of compounds are present in the alcohol. However, ethyl is considered to be food grade alcohol in maximum alcoholic beverages. Ethanol or Ethyl alcohol is manufactured through a natural process when the yeast transforms the sugar contained in fruit, cereals and sugarcanes, into alcohol. The process used for its preparation is called fermentation.

The global alcoholic beverages market is anticipated to be driven by the increasing per capita disposable income of the consumer in developed over the past few years. Also, the increasing purchasing power of the consumer in developing nation is considered to be the significant for the rising growth of alcoholic beverages in the near future. Due to the increasing per capita disposable income of the consumers, alcohol considered to be the status symbol among the consumer which in turn accelerates the demand of premium quality alcoholic beverages instead of the economical alcoholic beverages.

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Key players in the global alcoholic beverages market are emphasizing to enhance their investment in product development in order to extend the product line. Also, the companies are also inclined to increase their footprint across the world by acquiring local and regional players. Apart from that, the companies are introducing their products in the developing economies in order to penetrate in the untapped market.

Leading Key Players Review

This report includes a study of strategies such as mergers and acquisitions, product launches by the major alcoholic beverages market players. It further includes product portfolios, developments of leading major players which includes

The key players profiled in the Alcoholic Beverages Market Trend are Anheuser Busch InBev. (Belgium), Carlsberg Group (Denmark), Accolade Wines (Australia), Beam-Suntory (U.S.), Constellation Brands (U.S.), Diageo Plc (U.K.), Heineken Holding Nv (Netherland).

Regional Analysis

Alcoholic Beverages Market is segmented into Europe, North America, Asia Pacific, and rest of the world (ROW). Among these, Europe region has the major market share. The market is projected to grow at a steady pace in the review period. Asia-pacific will be the fastest growing region in the Alcoholic beverages market and high growth in emerging economies such as China, India, Japan, Australia, and the Latin American countries, offers ample opportunities for expansion to major players. North America is projected to remain sluggish during the forecast period of 2017-2023.

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Frozen Food has emerged as a key part of the consumer products market in recent years due to the growing focus on the convenience of food products to the increasingly busy urban users. Frozen food can be prepared days, even months, after packaging, and retains its freshness and nutritive value, which makes it highly attractive for consumers in developed, industrialized urban centres. Urban users are increasingly finding it difficult to make time for preparing food as per traditional preferences, as their hectic lifestyle has forced them to find alternatives that allow for easy and quick consumption and preparation. The frozen food market has benefitted majorly from these trends and likely to exhibit a strong growth trajectory over the coming years as a result.

Market Research Future (MRFR) has announced a new report on the global frozen food market. The report analyses the market from the perspective of its product segmentation and regional segmentation and delivers forecasts till 2023. According to the report, the global frozen food market is likely to grow at a CAGR of 4.21% from 2017 to 2023.

Major Key Players

The report examines the strategies of key Frozen Food Market Trend players such as Aryzta AG, Kraft Foods Group Inc., Cargill Inc., General Mills and Nestle S.A.

Segmental Analysis

Based on product type, the Global Frozen Food Market has been segmented into ready to eat products, vegetables and fruits, potatoes, meat and poultry, sea food, soups, and others. Of these, ready to eat foods emerged as the largest segment of the global frozen food market in 2017 and are likely to dominate the market scenario till 2023 due to their growing demand from urban users. Ready to eat foods lighten the time-consuming task of preparing food, thus making meals easy for busy urban users.

The sea food segment is expected to exhibit a high growth rate in the global frozen food market in the coming years due to the growing demand for sea food from inland regions. While sea food has always been a popular food choice in coastal regions, modern refrigeration techniques have allowed for smooth transportation of frozen sea food from the seashore to inland regions, allowing for a smooth rise in demand. The frozen food market is likely to benefit from the growing popularity of sea food in regions such as India, where sea food has not been a traditional part of the cuisine but is now rising in popularity.

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Regional Analysis

Based on region, Europe is expected to remain dominant throughout the forecast period. Europe has been an early consumer of Frozen Foods and is also home to many urban consumers, who prefer frozen food to raw foods. This is expected to ensure Europe’s continued dominance in the global frozen food market in the coming years. The advanced transport infrastructure in North America and Europe is also likely to benefit the frozen food market.

However, emerging regions such as APAC and Latin America present significant scope for the global Frozen Food Market. The frozen food market is expected to grow at a CAGR of 4.81% in Asia Pacific over the 2017-2023 forecast period on the back of the rapid urbanization in countries such as China, India, Japan, and other ASEAN countries. The growing consumption of processed food in these developing economies is likely to strengthen the prospects of the frozen food market in the coming years.

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Global Specialty Frozen Bakery Market is estimated to reach USD 3,434 million representing 4.45 % CAGR growth by the end of forecast period of 2022. Specialty frozen bakery products are artisan bakery products which are refrigerated to cold temperatures for storage and transport which increases their shelf life. The market is expected to generate 209,530 tons of products with a CAGR growth of 3.46 % in terms of volume.

Increasing preference for artisanal bakery products, development of newer flavors and growing number of high end bakery shops, urbanization are other drivers of the market.

The drivers of the market are increase in demand due to rising incomes and lifestyle changes, growing network of quick service restaurants and foodservices web apps, demand for variety of bakery which are not available locally, growing awareness for healthy foods and others. The developments of global air conditioned supply chains and trucking is a prime driver of the market.

The negative effects such as changes in the texture of the bakery products due to freezing and the high costs associated due to additional processing are the greatest restraint on the market. Value addition is the best strategy in the market. Technological improvements such as freeze drying will lead to highest value addition. The partially baked frozen method has been developed to overcome the drawbacks of specialty frozen bakery. The partially baked frozen products need to be re-baked, which results in denser structure, lower volume, and a harder crumb. Freezing raw semi-finished products such as dough is another techniques that has been tried. Thus technological innovations are expected to reduce the intensity of drawbacks associated with the products.

Leading Key Players Strategy

The Leading Market Players in the Global Specialty Frozen Bakery Market Trend are Aryzta AG (Switzerland), Lantmannen Unibake (Denmark), Harry-Brot GmbH (Germany), Vandemoortele Bakery (France), Mantinga, UAB (Lithuania), Flowers Foods, Inc. (U.S.), Rich Products (U.S.), Grupo Bimbo SAB de CV (Mexico), Europastry Sa (Spain), and Germoglio Food Spa (Italy) and others.

Regional Analysis

Europe holds the largest market share in terms of value led by the traditional bakery producing regions of Switzerland, Germany, France, Poland, and others. Another market to watch is Turkey, which has a history of bakery. The market is expected to shift towards North America due to growing popularity and presence of excellent infrastructure and supply chains. The U.S. is expected to drive the market due to its larger buying power and income. The Latin American regions of Argentina, Mexico, Chile and other are also expected to generate high growth.

The Asia Pacific market is expected to be led by Japan, China, and India. The growing tourism industry is also a strong driver of the market in the Asia Pacific region. The lower consumption of wheat is a restraint on the Asia Pacific regions. The Middle East and Africa regions are expected to demonstrate a high CAGR growth due to the high wealth and consumption of wheat and bakery products.

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Segments

Type - bread rolls & artisan loaves, sweet baked goods & morning goods, pizza crust, savory & other

Customer Type - Home makers, Industrial, Others

Distribution Channel - quick service restaurants, foodservice, large retail, convenience / independent retail, and others. Quick-service restaurants and foodservice holds the largest market share by value of greater than 45% in 2016. However, the convenience /independent retail segment is expected to witness higher growth rates on account of increasing number of vendors in the market.

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