Bakery Market has been evolving rapidly in Eastern European region with economic recovery and increasing penetration of packaged food products. The demand for bakery goods fluctuates according to seasons due to the variations in consumption patterns. There has been a considerable shift in the consumer’s preferences with increased focus on nutritional value of the bakery products. The market for biscuits is estimated to grow at a healthy rate mainly due to the rapidly spreading on-the-go consumption trend in this region. The rising popularity of bakery cereals as a healthy and easy meal solution drives the consumption of these products especially in the urban areas.
The Eastern European market for Bakery products is estimated to grow from around $XX bn to around $XX bn at a CAGR of XX% during the forecast period 2015-2020. Bread remains the dominant category mainly due to its high penetration as a traditional staple food product. The bakery products market in this region is highly fragmented with numerous players in regional and national level. Artisanal bakeries have a strong hold on the market predominantly due to high preference of consumers towards fresh and local baked goods.
Russia is the single largest market for bakery products in Eastern Europe region which accounted for a market share of around XX% currently, followed by Poland with a share of XX% in 2014. Other major markets include Czech Republic, Romania, Ukraine, Hungary and Slovakia. The market for bakery products in Eastern Europe is analyzed at country level. Analysis on demand and supply dynamics of various types of bakery products is also covered in this report. The report also provides the details on potential and prospects of various distribution channels such as Retail, artisanal and catering & industrial by considering by considering geographical reach, consumer preferences and offerings as key parameters. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided as well. The following are the key stakeholders in the Bakery Market:
Raw material Suppliers
Bakery ingredient Manufacturers
Bakery product Manufacturers
End Product Distributors
Government Regulation boards