Bakery & Confectionery Products Sales and Marketing Agency in Mumbai
The global bakery & confectionary market is expected to grow from $887.82 billion in 2020 to $938.97 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $1221.28 billion in 2025 at a CAGR of 7%.
Whatever products your business specializes in, croissants, donuts, buns, bread, healthy gluten-free pastries, mini pastries, and so on, you should build a strong marketing and sales strategy for your bakery. Otherwise, it will be challenging to reach new customers, increase bakery sales and brand awareness.
Bakery & Confectionery Products Sales and Marketing Agency in mumbai
World population is growing and is expected to reach 10 billion by 2050. Increase in population creates more demand for food. Supply for material used in bakery & confectionary and trade volumes will have to increase in order to meet increased population. Therefore, companies in this market are expected to benefit from rising demand for bakery & confectionary products due to rising population, during the forecast period.
Bakery & Confectionery Products Sales and Marketing Agency in Pune
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