NEW YORK, Aug. 13, 2019 /PRNewswire/ --
SummaryRead the full report:
https://www.reportlinker.com/p05134594/?utm_source=PRN Top Growth
Opportunities for the Bakery & Cereals in the US provides an
overview of the Bakery & Cereals market, analyzing market data,
demographic consumption patterns within the category, and the key
consumer trends driving consumption.GlobalData's proprietary Risk
vs Reward Opportunity model pinpoints the best growth opportunities
for Bakery & Cereals producers, suppliers and retailers by
combining robust, granular data and expert insight.
The report uses this framework to identify the best
opportunities, analyze white spaces in the market, and outline new
product development that will effectively target the most pertinent
consumer need states. These are combined to offer strategic
recommendations to capitalize on evolving consumer landscapes.
Top Growth Opportunities for Bakery & Cereals in the US
provides recommended actions and detailed analysis of how to target
the best growth opportunities for Bakery & Cereals producers
and retailers. Readers can understand what categories, channels,
companies, and consumers will drive the success of Bakery &
Cereals markets in the US through GlobalData's detailed and robust
data, expert insight, and case studies.
GlobalData's Top Growth Opportunity reports use a risk versus
reward opportunity model to identify the best growth markets for
Bakery & Cereals producers. Through this in-depth study of
market and category dynamics, readers are able to identify key
opportunities, and what they need to do in order to target
them.
Get access to -- Key consumer demographic groups driving
consumption within the US market. Improve your consumer targeting
by understanding who is driving the market, what they want, and
why- A study of market value and volumes over 2013-2018 for the US
supplemented with category, brand and packaging analysis that shows
the current state of the market, and how it will evolve over the
2019-2023 period- White space analysis, to pinpoint attractive
spaces in the market and the key actions to take- Insight into the
implications behind the data, and analysis of how the consumer
needs will evolve in the short-to-medium term future- Examples of
international and regional product innovation targeting key
consumer needs
Scope
- The US bakery & cereals sector was led by the cakes,
pastries & sweet pies category, which accounted for a value
share of 25% in 2018.
- As American consumers are also exhibiting more concern towards
a healthy-lifestyle, they are increasingly seeking premium bakery
& cereal products fortified with fiber, essential vitamins and
minerals, among others, and are willing to spend more.
- Donald Trumps immigration
policy will negatively effect the bakery and cereals industry,
which has been heavily reliant on immigrants from South America to work on farms for the
industry.
- Of all categories, energy bars recorded the fastest CAGR for
both private labels and brands between 2013-2018, at 10.5% for
private labels, and 8.8% for brands.
Reasons to buy
- This report brings together consumer analysis and market data
to provide actionable insight into the behavior of the US Bakery
& Cereals consumers.- This is based on GlobalData's unique
consumer data, developed from extensive consumption surveys and
consumer group tracking, which quantifies the influence of 20
consumption motivations in the Bakery & Cereals sector.-
Category, brand, and packaging dynamics are also examined. This
allows product and marketing strategies to be better aligned with
the leading trends in the market.
Read the full report:
https://www.reportlinker.com/p05134594/?utm_source=PRN
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