Global Pastries Market

Global Pastries Market to Reach $888.76 Billion by 2021
Global Pastries Market was worth USD 30.86 billion in 2016 and estimated to be growing at
a CAGR of 2.9%, to reach USD 35.80 billion by 2021. Pastry is a dough of flour, water, and
shortening that may be sweetened or savoury. Sweetened pastries are often described as
bakers' confectionery.
The word "pastries" refer to many kinds of baked products that are made from ingredients
such as flour, sugar, milk, butter, baking powder, shortening, and eggs. The pastry varies
from bread by having a higher fat content, which contributes to a flaky or crumbly texture.
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The global pastries market is driven by the rising demand, increase in urbanization leading
to the higher availability of bakeries. However, health concerns are a major factor restraining
market growth. Therefore, to attract the health conscious populace, the vendors introduced
healthier varieties with lesser fat content. Also, the rapid growth in home baking also acts as
a restraint on market growth as it reduces the demand for packaged pastries.
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The Global Pastries market is segmented on the basis of taste, sales and by distribution
channels. On the basis of taste, the market is segmented into sweet and savoury. On the
basis of sales, the market is further categorized into packaged pastries and artisanal and instore bakeries. On the basis of the distribution channel, the market is distributed among online
sales, supermarkets/hypermarkets, convenience stores and others.
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Market Segmentation
Taste
Introduction
Sweet
Savory
Y-o-Y Growth Analysis, By Taste
Market Attractiveness Analysis, By Taste
Market Share Analysis, By Taste
Sales
Introduction
Packaged Pastries
Artisanal and In-store Bakeries
Y-o-Y Growth Analysis, By Sales
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Market Attractiveness Analysis, By Sales
Market Share Analysis, By Sales
Distribution Channel
Introduction
Online Sales
Supermarkets/Hypermarkets
Convenience Stores
Others
Y-o-Y Growth Analysis, By Distribution Channel
Market Attractiveness Analysis, By Distribution Channel
Market Share Analysis, By Distribution Channel
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The market has also been geographically segmented into North America, Europe, Asia
Pacific, Latin America and Middle-East & Africa. In 2016, Europe led the global Pastries
market in terms of market share. The market share in North America has dwindled owing to
the rising incidence of obesity in the region coupled with increasing consumer health
awareness. The market for these Pastries in Asia-Pacific area is amplifying because of more
of consumption. The Asia-Pacific and other rising nations are foreseen to develop at a quick
pace in the Pastries market in the following years when compared with the seasoned markets
of developed regions.
The major players operating in the Global carbonated drinks industry include American
Baking Company, Aryzta, BreadTalk, Britannia, Edeka, Edwards, Edwards Cake & Candy
Supplies, Finsbury, FlowerFoods, George Weston, Groupo Bimbo, Hillshire Brands, Hostess
Brands, McKee Foods, Monginis, Mulino bianco, Pepperidge Farm, Tyson Foods, Yamazaki
Baking.
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Global Pastries Market was worth USD 30.86 billion in 2016 and estimated to be growing at a CAGR of 2.9%, to reach USD 35.80 billion by 2021.

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