New Market Study Published: Baked Goods in India
Despite a slight slowdown in India's economy, bakeries continued to perform strongly driving sales of baked goods over 2013. Baked goods is set to register double-digit value growth of 10% in 2013. The growth of baked goods was driven mainly by the rapid expansion of modern retail outlets across the country. Increasing disposable income levels of consumers, rapid urbanisation, the need for convenience and lack of time in urban households helped drive demand for breads, cakes and pastries during...
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