Bakery Industry Statistics In Malaysia
Malaysia baked goods reports.
Bakery industry statistics in malaysia. The bakery industry has witnessed the higher growth rate as large market players have implemented developments according to the consumer s need for healthier and toxic free products. Try our corporate solution for free. Malaysia a former british colony gained its independence in 1957. Sweet bakery in malaysia by mintel market sizes provides you with annual year end market size data most recently updated in 2020.
The bakery products are considered as basic staple food and are also consumed during economic crises which in turn boosts the growth of the global bakery ingredients market. Region s key tourist destinations which itself brings positive aspects to the bakery industry. This market covers wrapped ambient and chilled cakes pies tarts and other sweet bakery products. The research includes historic data from 2013 to 2019 and forecasts until 2024 which makes the report an invaluable resource for industry executives marketing sales and product managers consultants analysts and other people looking for key industry data in a readily.
The report offers the most up to date industry data on the actual market situation and future outlook of the market. Bread remains the mainstay in the bakery industry bread shares the major market share in bakery products industry. Scope of global bakery industry trends market report a bakery is a formation that produces and sells flour based food baked in an oven such as bread cookies cakes pastries and pies. Cakes frozen fruit other seasonings condiments frozen food bakery.
This statistic shows the sales value of manufactured bread cakes and other bakery products in malaysia from 2012 to 2019. The commercial side of the bakery industry is highly concentrated with 50 of the largest companies generating 75 of revenue. Our 2020 malaysia report include trends statistics opportunities sales data market share segmentation projections on the baked goods market. However its market dominance has been challenged by other bakery products including pastries and especially doughnuts that has enjoyed rapid growth in recent years and are expected to continue expanding in the coming years.
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