Fact.MR has recently published a fresh research assessment titled Organic Bakery Market Forecast, Trend Analysis & Competition Tracking – Global Market insights 2017 to 2022 which present a comprehensive outlook related to the ongoing trends and opportunities set to influence the global Organic Bakery market. This report functions to enlighten readers about the expected growth prospects and dynamics which would reforming the target market between 2017 and 2022. According to research findings, the global Organic Bakery market is estimated to record growth at 4.4% CAGR during the forecast period until 2022.
This intelligent assessment provides exclusive information associated to potential sales upgradation and demand for Organic Bakeryacross prime economies. In addition, readers can access precise data related to section-wise market investigation in terms of Product Type, Sales Channel, Region.
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4 Key Insights on Global Organic Bakery Market
During the forecast period 2017-2022, Europe is expected to dominate the global market for organic bakery. Europe is anticipated to account for nearly one-third of the revenue share on global revenues by the end of 2017.
North America organic bakery market is likely to witness moderate growth. By 2022 end, North America is estimated to bring in nearly US$ 2,500 million revenue. Increasing preference for healthy, gluten-free and low-calorie food along with the rise in disposable income are some of the factors driving organic bakery market in North America. Moreover, adoption of innovative technology for production and packaging is also contributing towards the growth in the region.
Bread is expected to be one of the highly preferred organic bakery product. Accounting for nearly two-fifth of the revenue share on global revenue by 2017 end, bread as organic bakery product is projected to create an incremental opportunity surpassing US$ 800 million during 2017-2022. Meanwhile, rolls & croissant are expected to be the second most preferred organic bakery products.
Compared to supermarkets/hypermarkets as the organic bakery sales channel, wholesalers/distributors/direct sales channel for organic bakery is likely to gain momentum. Wholesalers/distributors/direct as sales channel is projected to reach nearly US$ 4,300 million revenue towards the end of 2022.
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As the report concludes, readers can receive precise data highlighting the competitive landscape active across the global Organic Bakery market. This portion clearly details about the contributions provided by leading manufacturers towards the development of the Organic Bakery market. Furthermore, insights related to competitive trends are clearly discoursed for benefitting stakeholders and new investors. Some of the chief players mentioned in the report are (Hain Celestial Group, Inc., Flower Foods, Inc., Manna Organics LLC, Alvarado Street Bakery).