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Showing posts with the label european bakery market size

European Bakery Market - Forecast(2021 - 2026)

In 2017, the Global European Bakery Market revenue is estimated at $226 billion and forecasted to grow at a CAGR of more than 3.3 % during 2018 to 2023. Europe remains one of the vital markets for bakery industry owing to its penetration as a staple food in many nations. The market is well established in terms of product array, distribution channels, regulations, innovation platforms and consumer preferences. Europe Bakery Market Convenience is considered as an important factor to Europeans when it comes to selecting food. With extra wage-earning women and single-person households, people have no time to cook. However, the younger generation is looking for convenience with products that can be eaten on the go. Majorly, consumers are increasingly preferred to shop for all their grocery needs once a week, for the sake of convenience. Resulting in the reduction of conventional bakeries, as consumers are shopping at in-store bakeries. Europe is a refreshing publishing concept which contai...