Food & Beverages

Consumer and Market Insights: Bakery and Cereals in Russia

  • CAN722157
  • 114 Pages
  • September 2016
  • Food & Beverages
Summary
In Russia, Breads and Rolls is analyzed to be the largest category in 2015, while Cakes, Pastries and Sweet Pies category is projected to register the fastest growth followed by the Savory Biscuits category. The depreciation of Russian Ruble (RUB) against US$ affected the market growth, especially during 2014 - 2015, but the exchange rates are expected to remain stable during 2015-2020 which will attract price sensitive Russian consumers and aid in stable growth rate. Considering the high urbanization and obesity rate, products positioned on On-The-Go and Weight Management is analyzed to be amongst the most prominent trends attributing to market growth. Going ahead, it is anticipated that demand for products with innovative flavors and ingredients and rising private labeled product launches will drive market growth over the forecast period of 2015 - 2020.

Key Findings
- The Bakery and Cereals market in Russia is expected to grow at a CAGR of 5.9% in value terms during 2015-2020.

- The Pancake Mixes segment is expected to gain share growth within the Baking Mixes category.

- The Cakes, Pastries and Sweet Pies category is forecast to register fastest growth in value and volume terms during 2015-2020.

- Hypermarkets and Supermarkets and Food and Drinks Specialists are the leading distribution channels in the Russian Bakery and Cereals market.

- Lyubyatovo is the leading brand in the Savory Biscuits category in both value and volume terms.

- Flexible Packaging is the most commonly used packaging material in the Bakery and Cereals market in Russia.

Synopsis
Canadean's Consumer and Market Insights report on the Bakery and Cereals market in Russia provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

- Market data: Overall market value and volume data with growth analysis for 2010-2020

- Category coverage: Value and growth analysis for Baking Mixes, Baking Ingredients, Bread and Rolls, Breakfast Cereals, Cakes, Pastries and Sweet Pies, Dough Products, Cereal Bars, Energy Bars, Cookies (Sweet Biscuits), Savory Biscuits, Morning Goods with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

- Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

- Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

- Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Flexible Packaging, Paper and Board, Rigid Plastics, and others; container data for: Bag/Sachet, Film, Tray and others

- Consumer level trends: Top four consumer trends which influence Bakery and Cereals products consumption

- Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020

ReasonsToBuy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis

- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities

- Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning

- Access the key and most influential consumer trends driving Bakery and Cereals products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target

- Access to analysis on products launched in the market

- Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion

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