Cakes and Pastries Market Major Players, Growth Strategies, Trends, Forecast Till 2027

Reports and Data has recently published a research report on global Cakes and Pastries market. The report offers an in-depth information about recent activities taking place in the Cakes and Pastries market. The report provides accurate data about current market scenario, market share and revenue growth, market size, market trends, drivers, restraints, challenges, opportunities, and top companies operating in the global Cakes and Pastries market. The data is collected through primary and secondary research and verified by experts in the industry. This data is represented in form of tables, figures, diagrams to help user understand the market scenario in a gist. Consumer preference for healthier food and food products, growing awareness about veganism and gluten-free food are some key drivers of the food & beverage industry. In addition, the report also offers insights about trending innovations that can benefit the market revenue growth and emerging lucrative growth opportunities for market players going ahead.

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The Leading Companies in the Market are:

• American Baking Company
• Britannica, Inc.
• Euro Patisserie
• General Mills Inc.
• Flowers Foods, Inc.
• George Weston Limited
• Grupo Bimbo
• Tyson Foods
• Hostess Brands, LLC.
• McKee Foods

The global Cakes and Pastries market is expected to account for robust revenue growth throughout the forecast period. The food and beverage industry is significantly flourishing primarily because people have become more health conscious. Consumer awareness about consumption of healthy food due to sudden changes in routine and switch to sedentary lifestyle has resulted in demand for organic and nutrition rich food and drinks. Owing to the rapidly expanding population, there has been a constant demand for good quality food and food products. Technological advancements and rising funds by public and private sectors is further fueling market growth. Growing inclination towards healthier options like probiotic drinks, meat-free products, gluten free and sustainable food is boosting global market growth. Moreover, due to fast moving life, consumers offer prefer doorstep delivery of food. This in turn has encouraged manufactures to produce packaged food.

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The report also gives details about segments covered in the Cakes and Pastries market along with details of industry status in 5 major regions; North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

By Type (Revenue, USD Million; Volume in Tons, 2017–2027)

·         Frozen cakes

·         Toaster pastries

·         Breakfast pastries

·         Others

By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)

·         Supermarkets

·         Specialist Retailers

·         Convenience Stores

·         Other Distribution Channels

Cakes and Pastries Market Segmentation Based on Regions:

·         North America

·         Europe

·         Asia Pacific

·         Latin America

·         Middle East & Africa

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Key insights presented in the report:

·         Market revenue shares by major business players, by type, application, and market scope of global Cakes and Pastries market

·         Sales revenue by key players and new entrants

·         Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.

·         Recent mergers, acquisitions, product launches, recent investments, and joint ventures

·         Regional analysis to provide insight into recent trends and opportunities.

 

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Dairy Alternatives Market Trends and Opportunities, Revenue Analysis, For 2020–2026

The dairy alternatives market is expected to reach USD 41.80 Billion by 2026, according to a new report by Reports and Data. Dairy alternative, a plant based milk, is used as the main substitute of milk. It is obtained from cereals (oats, wheat, rice, and barley among others), nuts, and seeds. Dairy alternatives have low fat and low cholesterol content than milk products and does not contain lactose that has medical benefits especially for the lactose intolerant people.

Increasing incidences of lactose intolerance among individuals across the globe, the rising number milk allergies, innovative product launches and smart marketing and sales promotional strategies followed by the market players are the some of the main factors that have stimulated the overall market demand for dairy alternatives. The competition in the dairy alternatives market is very high with major players acquiring other small players to increase their market share and profitability. Players in this market are continuously innovating their products to come up with new taste and flavors to differentiate their products and pull more customers. Nevertheless, the players in the dairy alternatives market may face a significant challenge in the form of innovation being done in conventional milk and dairy products with low cholesterol and fat.

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Considerable investments in R&D for development of new technologies and methods for the improvement of dairy alternative products like the removal of flavor & inhibitors, fortification of food items, and enhanced shelf life, will drive the market growth. The deployment of latest technological methods, like Ultra High Processing (UHT) and enzymatic liquefaction for the efficient production of various dairy alternative food items will provide strong growth opportunities for the market.

Key participants include The WhiteWave Food Company, Blue Diamond Growers, Archer Daniels Midland Company, The Hain Celestial Group Inc., Eden Foods Inc., Panos Brands LLC, Earth’s Own Food Company, Daiya Foods Inc., SunOpta Inc., Freedom Foods Group Ltd., and CP Kelco among others.

Further key findings from the report suggest

Soy milk occupied the largest share with more than 50% of the global market in 2018 and is forecasted to have a growth rate of 12.2% in the forecast period. Soy milk is a rich source of vitamins, proteins, potassium, and has a lower calorie content than cow’s milk, which is projected to boost the market growth.

The plain formulation is expected to have a growth of 12.2% during the forecast period accounting for more than 70% of the market in 2018. Rising demand for the plain/unflavored type of dairy alternatives like soymilk, almond milk, and rice milk among others is estimated to fuel the market growth.

The Asia Pacific market held the largest share in 2018 and is expected to maintain its dominance throughout the forecast period with a growth rate of 12.2%. The market dominance of this region is due to diet diversification, rapid urbanization, and liberalization of FDI in the food sector. Besides, the rise in the level of disposable income, increase in purchasing power of customers, increase in consumer awareness regarding health & fitness, and rise in consumer demand for nutritional & healthy products is estimated to fuel the market growth in this region.

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For the purpose of this report, Reports and Data have segmented global dairy alternatives market by product type, formulation, application, distribution channel, and region:

Product Type Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Soy Milk

Almond Milk

Coconut Milk

Rice Milk

Oat Milk

Hemp Milk

OthersFormulation Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Flavored Formulation

Plain Formulation

Application Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Food

Beverages

Distribution Channel Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

Super Markets

Health Food Stores

Pharmacies

Convenience Stores

Online Stores

Others

Regional Outlook (Volume, Kilo Tons; 2016-2026 and Revenue, USD Million; 2016-2026)

North America

Europe

Asia Pacific

Latin America

MEA

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Key Features of the Dairy Alternatives Market Report:

Detailed assessment and exhaustive understanding of the Dairy Alternatives market

Significant insights into manufacturing processes, major barriers, and risks

8-year forecast estimation to offer information about the market size and market share on the global and regional levels

Evaluation of the key drivers, restraints, growth opportunities, threats, limitations, barriers, and other key elements

Identification of growth prospects and potential for the Dairy Alternatives industry

Comprehensive analysis of the key market players and their strategies

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Food Testing Kits Market Growth, Key Factors, Major Companies, Forecast To 2026

According to the current analysis of Reports and Data, the global Food Testing Kits market was valued at USD 1.78 Billion in 2018 and is expected to reach USD 3.03 Billion by the year 2026, at a CAGR of 6.8%. The market is expected to face a favourable growth scenario as it offers many benefits over conventional technologies. The conventional methods of detecting foodborne pathogen are time-consuming as well as laborious. Generally, the conventional methods require almost 2 to 3 days for preliminary identification and more than a week for confirmation of the species of the pathogens. In addition, since these tests rely on culturing the microorganisms, chances of false-negative results due to viable but non-culturable (VBNC) pathogens are high. However, the kits today offer high specificity and sensitivity. These kits are being increasingly preferred for food quality inspections due to the ease of use and the technical precision used while manufacturing them.

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The Asia Pacific region is expected to project the highest CAGR due to the increasing need to comply with the food testing norms and increased investment into the qualitative aspect of the food industry by the governments. In addition, increasing approval of food testing kits by the regulatory authorities in the region is likely to drive demand. For instance, in June 2019, the Food Safety and Standards Authority of India (FSSAI) gave provisional approval to 19 Rapid Analytical Food Testing (RAFT) kits and devices. The approval was given so that the concerned companies as well as laboratories could get quicker and validated results for tests conducted on various categories of products such as edible oil and milk.

Heavy import duties on the kits along with a lack of adequate infrastructure at various segments of the supply chain poses a significant challenge for the growth of this market. However, necessary government initiatives are gradually helping in overcoming this problem.

Key players in the industry are Romer Labs, Thermo Fischer, Intertek, Qiagen, Biomérieux, Eurofins Scientific, Agilent, Bio-Rad, PerkinElmer, and Millipore Sigma. 

For the purpose of this study, Reports and Data have segmented the Food Testing Kits market on the basis of target tested, sample tested, technology, and region:

Target Tested (Revenue, USD Million; 2016–2026)

·         Allergens

·         Mycotoxins

·         Pathogens

·         GMOs

·         Meat Species

·         Pesticide Residues

·         Others 

Sample Tested (Revenue, USD Million; 2016–2026)

·         Meat, Poultry and Seafood Products

·         Dairy Products

·         Fruits and Vegetables

·         Cereals, Grains and Pulses

·         Nuts, Seeds and Spices

·         Packaged Foods

·         Others

Technology (Revenue, USD Million; 2016–2026)

·         PCR-Based

·         Immunoassay-Based

·         Enzyme Substrate-Based

·         Others

 

Regional Outlook (Revenue in USD Million; 2016–2026)

·         North America

·         Europe

·         Asia Pacific

·         Middle East and Africa

·         Latin America

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Further key findings from the report suggest-

·         The market is projected to grow significantly in the forecast period. Data handling and interpretation of pathogens and toxins have become more convenient and time-saving with the advent of user-friendly test-kits and instruments. In addition, companies can easily carry out in-house testing rather than outsourcing it to other labs.

·         Enzyme-analysis is forecasted to grow at a CAGR of 6.6% in the forecast period. The technology is used widely in the industry as it is highly specific and offers considerable cost and time savings over other methods, especially from the sample preparation standpoint. Moreover, the technology uses non-hazardous reagents, and are thus environmentally friendly and can be automated for in-line process monitoring.

·         The packaged food segment will also be a driving factor for the industry and is expected to register a CAGR of 6.5% during the period of forecast. Packaged foods need to be tested for the presence of pathogens that can cause earlier decay so that the necessary preservatives can be added. In addition, stringent regulations, particularly in the U.S. and Europe, require companies to carry out tests for toxins such as allergens and mycotoxins. For instance, in the U.S., The Food Allergen Labeling and Consumer Protection Act (FALCPA) is the primary federal law which governs how allergens are represented on packaged foods.

·         The cereals, grains and pulses segment is anticipated to witness a CAGR of 6.4% in the forecast period. The main challenge faced by companies within this segment is to ensure the quality as well as safety of the grains constantly throughout the supply chain while adhering with regulations and remaining profitable. National and international regulations have to be taken care of for these products as they have the maximum trade globally and are susceptible to many different forms of infection that can cause diseases like Salmonella.

·         Companies operating in the industry are focusing on providing products and services that convey a wide range of required testing services. For instance, Romer labs offer a comprehensive portfolio of mycotoxin test kits for the detection of regulated mycotoxins in agricultural commodities such as raw grains and nuts, grain by-products and feed formulations.

·         Companies are increasingly merging or acquiring other companies strengthen their market position. In May 2019, Cotecna announced acquiring Neotron, a key global provider of testing services for food products, supplements, pharmaceutical products and cosmetics.

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Key insights presented in the report:

·         Market revenue shares by major business players, by type, application, and market scope of global Food Testing Kits market

·         Sales revenue by key players and new entrants

·         Competitive analysis of key players, including company overview, product or services specification, vendors, and buyers.

·         Recent mergers, acquisitions, product launches, recent investments, and joint ventures

·         Regional analysis to provide insight into recent trends and opportunities.

 

Table of Contents

Chapter 1. Market Synopsis

Market Definition

Research Scope & Premise

Methodology

Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2018 – 2026

Chapter 3. Indicative Metrics

3.1. Macro-Economic Indicators

3.1.1. Increasing cases of food adulteration

3.1.2. Internationalization of food trade

3.1.3. Use of synthetic materials in production of dairy products

3.1.4. Need to address religious food concerns of consumers

Chapter 4. Food Testing Kits Segmentation & Impact Analysis

4.1. Food Testing Kits Segmentation Analysis

4.2. Food Testing Kits Market Value Chain Analysis, 2016-2026

4.3. Food Testing Kits Market Impact Analysis

4.3.1. Market driver analysis

4.3.1.1. Rising need for portable food testing equipment

4.3.1.2. Increase in R&D for food testing technologies

Continued….

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Barcode Readers Market Revenue Share Analysis, Market Growth Forecast, 2020–2027

The Global Barcode Readers market research report added by Reports and Data provides an insightful analysis of the current market along with a futuristic perspective on growth of the market. The research study offers valuable insights into the business strategies, distribution channels, and value chain analysis. The study also provides deeper insights into the market with regards to the scope and application of the market to impart a better understanding of the market. The report covers extensive analysis of market share, market revenue, industry outlook, regional bifurcation, revenue growth, top companies in the market, and threats and opportunities in the market. Key companies profiled in the market include Honeywell, Datalogic, Symbol Solutions (Motorola), Newland, Cognex, Opticon Sensors, Denso Wave, Microscan, Bluebird, Zebex, CipherLAB.

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The report provides insightful data about business alliances such as mergers and acquisitions, collaborations, joint ventures, partnerships, corporate and government deals, product launches and brand promotions, and others. The business tactics adopted by the leading players to fortify their presence in the market have also been studied in the report.

The report covers various important aspects of the industry such as sectors, current and emerging trends, updated outlines, growth factors, restraints, growth prospects and opportunities, and other factors that enable to draw projections for the estimated market growth in the coming years. The report also offers positive projections of the market scenario in the coming years through insightful assessment of the key markets and the geographical spread of the industry.

The report aims to offer a clear understanding of the market and provides a comprehensive analysis of the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report strives to present the reader with deep insights of the market that can assist them in making fruitful business decisions and strategic investment plans.

Regional analysis covers the assessment of market growth in key geographical regions such as North America, Europe, Asia pacific, Latin America, and the Middle East & Africa. It studies the market spread in each key region along with the production and consumption patterns, supply and demand, current and emerging trends and robust presence of key players in each region.

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Market segment based on Product:

·         Epoxy Acrylate Rubber

·         Carboxyl Type Acrylate Rubber

·         Active Chlorine Acrylate Rubber

·         Dienes Acrylate Rubber

Market segment based on Application:

·         Gaskets

·         Automotive Transmissions

·         Hoses

·         Adhesives

·         Others

Regional Segmentation of the Market:

·         North America (U.S.A., Canada)

·         Europe (U.K., Italy, Germany, France, Rest of EU)

·         Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Rest of Latin America)

·         The Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Table Of content:

Table of Contents

1 Market Overview

1.1 Barcode Readers Introduction

1.2 Market Analysis by Type

1.2.1 Optical Imager Barcode Scanners

2 Manufacturers Profiles

2.1 Honeywell

2.1.1 Business Overview

2.1.2 Barcode Readers Type and Applications

3 Global Barcode Readers Market Competition, by Manufacturer

3.1 Global Barcode Readers Sales and Market Share by Manufacturer (2016-2017)

3.2 Global Barcode Readers Revenue and Market Share by Manufacturer (2016-2017)

4 Global Barcode Readers Market Analysis by Regions

4.1 Global Barcode Readers Sales, Revenue and Market Share by Regions

4.1.1 Global Barcode Readers Sales by Regions (2012-2017)

Continued…

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