Consumer and Market Insights: Bakery and Cereals Market in Venezuela Released On 14th April 2015
Summary This report brings together consumer insight and market data to provide a comprehensive brief of Venezuelas Bakery and Cereals market. This allows for the rapid identification of key growth opportunities across major Bakery and Cereals categories and their packaging. Key Findings High inflation and fluctuation in the currency exchange rate are affecting the Venezuelan economy. The Cereal Bars category is forecast to register fastest value growth during 2014-2019. Convenience Stores is the leading distribution channel in Venezuelas Food market. Flexible Packaging is the most commonly used packaging material while Bag/Sachet is the commonly used container type in Bakery and Cereals market. Venezuelas Bakery and Cereals market has very low private label penetration.
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Synopsis Venezuelan Bakery and Cereals market offers moderate growth opportunities with consumers shifting their preference towards value-for-money products due to high food price inflation. Bread and Rolls and Cookies (Sweet Biscuits) are the leading categories in terms of value in 2014 while the Cereal Bars category is forecast to register the fastest value growth during 2014-2019. Multinational companies such as Kelloggs, Mondelez International, and Holsum are the leading players in the Breakfast Cereals, Cookies (Sweet Biscuits) and Bread and Rolls categories. Reasons To Buy This overview of the Bakery and Cereals Market in Venezuela allows new entrants and established companies to gain rapid and comprehensive insight into market value and volume, category analysis, brand shares, distribution channel data, and packaging. Table of Contents Country Context Market Overview Retail Landscape and Key Distribution Channels Packaging Brand and Private Label Share Appendix
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