The whole grain and high fibre food market will reach €15bn by 2010
According to a new report by Global Industry Analysts the baked whole-grain snacks market has the most potential for growth, the report said, and sales of foods such as oven baked rice crisps are predicted to experience an accumulative growth rate of eigh
The findings suggest consumers worldwide are becoming increasingly aware of the
health benefits of these kinds of foods, contrary to earlier reports that
claimed that the sales and consumption of high fibre foods are low.
According to the report, consumers in North America and Europe are most
conscious of the advantages associated with eating whole grains. The US is the
largest market, with an estimated $5.6bn (€4.1bn) in 2006, while
Europe is expected to have a 29 per cent share of the market by 2010.Emerging
markets in Asia are also experiencing considerable growth, the analysts
said.They predict that Asia-Pacific, including Japan, will witness the fastest
growth rate, around seven per cent, with China not far behind.
Related news
Related news
KSH: retail turnover in November exceeded the same period of the previous year by 4.1 percent and the previous month by 0.6 percent
In November 2024, the volume of retail trade turnover increased…
Read more >NGM: Public confidence is apparently starting to return
The government is working to improve the economy so that…
Read more >Fidelity Outlook 2025: The US is ready for reflation
The Republicans’ landslide victory in the November election has significantly…
Read more >