Africa Bakery Product Market Synopsis
Bakery Product Market in Africa is anticipated to grow over the coming years due to the increasing preference for whole grain, high in fiber, gluten-free and fortified products, rising health consciousness along with growing demand for ready to eat foods owing to busy work schedules is likely to promote the sales of bakery products. However, the coronavirus spread is expected to derail the bakery product market growth during the initial months of 2020 owing to disruptions in supply chain and acute food shortage caused by the suspension of production activities during the lockdown in the region.
According to 6Wresearch, Africa Bakery Product Market size is expected to register significant growth during the forecast period 2020-2026. Growing urbanization coupled with a surging working population is adding to the Africa Bakery product market growth. Additionally, increasing demand for instant nutritious products is developing the growth of the industry. Rising penetration towards healthy snacking options coupled with increasing consumption of bread products. The outburst of the coronavirus pandemic led to disruption in the supply chain due to the shortage of workforce in the country.
Key Highlights of the Report:
- Africa Bakery Products Market Overview
- Africa Bakery Products Market Outlook
- Africa Bakery Products Market Forecast
- Africa Bakery Products Market Size
- Historical Data of Africa Bakery Products Market Revenues, for the Period 2016-2019
- Africa Bakery Products Market Forecast of Revenues, Until 2026
- Historical Data of Africa Bakery Products Market Revenues, by Product Types, for the Period 2016-2019
- Market Size & Forecast of Africa Bakery Products Market Revenues, by Product Types, until 2026
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