-
Sector Analysis
Consumer and Market Insights: Bakery and Cereals in South Korea
The South Korean Bakery and Cereals market is led by Breads and Rolls category in both value and volume terms. The Breads and Rolls category is projected to have the fastest value growth during 2015 – 2020, while the Cereal Bars is projected to be the fastest growing category in terms of volume during the same period. Expanding upper and middle income consumers will prefer high value added imported and premium brands. New dietary guidelines and demand for innovative products...
-
Sector Analysis
Consumer and Market Insights: Bakery and Cereals in the US
The US consumer market is poised for good growth fuelled by a flourishing per capita GDP and high disposable incomes. The Bakery and Cereals market in the US is forecast to register growth in value as well as volume terms during 2015-2020. The Bread & Rolls category has the highest volume share in 2015, whereas the Energy Bars category is projected to be the fastest growing during 2015-2020. Rising health consciousness among the Americans is driving the demand for Bakery...
-
Sector Analysis
Consumer and Market Insights: Savory Snacks in the US
The US is the largest savory snacks market in world, despite being the world’s third most populous country, worth over US$30 billion with a volume of three kg billion as of 2015. This is due to consumers’ high disposable income and busy lives, which encourage snacking throughout the day; this particularly explains young adults’ high snacking occasions. The Processed Snacks and Potato Chips segments are most dominant in the market, accounting for 43.2% and 22.6% respectively. The market is forecast...