Opportunities in the North American Bakery & Cereals Sector 2017 - iCrowdNewswire

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Jul 17, 2017 3:30 PM ET

Opportunities in the North American Bakery & Cereals Sector 2017

iCrowdNewswire - Jul 17, 2017

The “Opportunities in the North American Bakery & Cereals Sector: Analysis of Opportunities Offered by Countries in the Region” report has been added to Research and Markets’ offering.

North American Bakery & Cereals sector was valued at US$136,431.7 Million in 2016 and is forecast to witness a CAGR of 2.7% to reach US$155,676.8 Million in 2021.

Bread & Rolls is the largest market with value sales of US$37,415.3 Million (accounting for 27.4% of the overall value sales in the North American Bakery & Cereals sector) in 2016 and is expected to reach US$41,991.3 in 2021, registering a CAGR of 2.3%. Cakes, Pastries & Sweet Pies and Morning Goods are the other leading markets in the region, accounting for value shares of 24.4% and 11.3% respectively. At a country level, the US alone accounts for 77.4% of this sector, followed by Mexico and Canada.

The US is the largest Bakery & Cereals market in North America both in value and volume terms. In 2016, the US Bakery & Cereals sector was valued at US$105,547.4 Million and is expected to grow at a CAGR of 2.5% during 2016-2021 to reach US$119,133.3 Million in 2021. On the other hand, Canada is expected to register the highest value CAGR of 4.0% during 2016-2021, while Mexico is forecast to witness the fastest growth in volume terms (2.8% CAGR) during 2016-2021.

Hypermarkets & Supermarkets is the largest distribution channel in the North American Bakery & Cereals sector, accounting for 60.9% of overall value sales in 2016. Wide penetration of large supermarket chains in the US and Canada results in the dominance of Hypermarkets & Supermarkets. On the other hand, Mexico has a lower share of Hypermarkets & Supermarkets; however, the increasing Foreign Direct Investment in this space is expected to drive share in the future. Food & Drink Specialists and Convenience Stores are the other leading distribution channels, with value shares of 22.1% and 12.3%, respectively.

Overall Bakery & Cereals sector in the North American region is highly fragmented with the top five brands – Bimbo, Pepperidge Farm, Betty Crocker, Little Debbie, and Sara Lee – accounting for 9.6% of the overall value sales in the sector. Private label held a relatively large 10.4% value share in the overall North American Bakery & Cereals sector owing to a well-developed retail landscape and consumers’ positive perception of private label.

Companies mentioned in this report: Kellogg’s, Post Holdings, Pepsi Co, Mondelez, Mckee Foods, Grupo Bimbo, General Mills, Flower Foods, Campbell Soup Company.

Key Topics Covered:

1.Executive summary

2.Market size and growth analysis (Regional analysis)

3.Growth potential by countries in North America

4.Market size and growth analysis

5.Country Profiles

6.Success Stories

7.Company and Brand Analysis

8.Health & Wellness Analysis

9.Key Distribution Channels

10.Key Packaging Formats

11.Challenges and Future Outlook


For more information about this report visit https://www.researchandmarkets.com/research/r3c356/opportunities_in

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
[email protected]
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Related Topics: Baked Goods (https://www.researchandmarkets.com/categories.asp?cat_id=205&campaign_id=r3c356), Breakfast Cereals (https://www.researchandmarkets.com/categories.asp?cat_id=300&campaign_id=r3c356)

Via iCrowdNewswire
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