Recently published research from Euromonitor International, "Baked Goods in Bosnia-Herzegovina", is now available at Fast Market Research

Boston, MA -- (SBWire) -- 02/05/2015 --Volume growth within baked goods in 2014 was slightly better compared to average volume growth during the review period (CAGR -1%) but weaker than average in current value terms (CAGR 2%). Price volatility during the review period regarding raw materials used for baked goods manufacturing was the main driver of current value growth. Declining volume consumption of bread is the main reason behind the volume contraction in baked goods for the fourth year in a row during 2014. Two smaller baked goods areas recorded positive volume growth in 2014 and during the review period. Bread is a category far more vulnerable to growing poverty rates in the country, relative to pastries and cakes which typically target consumers not battling poverty - data shows that consumption of bread is falling, mainly due to declining demand amongst the poorest consumer segments.

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Competitive Landscape

Artisanal unpackaged products dominate baked goods in Bosnia-Herzegovina. The short shelf life of most baked goods varieties puts local bakeries in the best position to effectively supply local markets. As a result, baked goods is the most fragmented packaged goods area in Bosnia-Herzegovina. Large bakery industries are only sustainable in large urban areas, with Klas from Sarajevo being the largest player.

Industry Prospects

Baked goods growth over the forecast period will be faster than during the review period as the economy begins to recover and consumer disposable incomes rise. Another important growth driver for baked goods will be the expansion of product and brand ranges as manufacturers increase their focus on specific consumer segments.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Baked goods industry in Bosnia-Herzegovina with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Baked goods industry in Bosnia-Herzegovina, our research will save you time and money while empowering you to make informed, profitable decisions.

The Baked goods in Bosnia-Herzegovina market research report includes:

- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volumes and values, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

- What is the market size of Baked goods in Bosnia-Herzegovina?
- What are the major brands in Bosnia-Herzegovina?
- How will increasingly volatile wheat commodity prices impact retail prices and sales performance?
- What are the market opportunities for high fibre products?
- Are consumers in developing markets moving from unpackaged/artisanal to packaged/industrial offerings?

Reasons to Get this Report

- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions

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