Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain, And Turkey), By Product (Excavators, Loaders, Dump Trucks, Others), By Application (Construction, Mining, Agriculture & Forestry, Others), And Competitive Landscape According to 6Wresearch, Middle East Earthmoving Equipment Market size is anticipated to witness growth during 2021-2027. Recent initiatives taken by governments of several countries to revive the region’s economy from a worldwide crisis would support the growth of the Earthmoving Equipment market in the Middle East region. For instance, the UAE Central Bank has allocated incentives for SMEs and local banks to revive and develop the construction sector of the region. Additionally, the central bank also declared to offer incentives through collateralized loans at zero cost to all banks operating in the UAE, as well as an additional incentive that would be freed up from lenders’ capital buffers. Mobile cranes and earthmoving equ...
Market Forecast By Product Types (Frozen Breads & Buns, Frozen Savory Bakery Items, Frozen Cakes & Pastry Items, Frozen Doughnuts & Cookies & Others (Waffles, Bagels, Etc.)), By End Users (Retail Customers, Foodservice Industry), By Distribution Channel (Online, Offline), By Countries (China, Japan, India, Australia, Indonesia & Rest Of Asia Pacific (Philippines, Singapore, Etc.)) And Competitive Landscape
According to 6Wresearch, Asia Pacific (APAC) Frozen Bakery & Confectionery Items Market size is projected to grow at a CAGR of 6.0% during 2020-26. By product types, frozen bread & buns dominated the Asia Pacific frozen bakery & confectionery items market share in most of the countries in 2019. The high revenue share is attributed to the high demand for the product among the consumers. Further, the frozen bakery manufacturers have been increasingly innovating their product offerings such as tarts, cakes, buns, rolls, croissants, pizza, cookies, and doughnuts to meet the dynamic consumer demand on tastes and functional requirements such as low fat and high nutritional value. Moreover, the rise in western-style bakeries across the region would drive the growth of the frozen savory & pastry items market in the coming years.
Key Highlights of the Report
- Asia Pacific Frozen Bakery & Confectionery Items Market Overview
- Asia Pacific Frozen Bakery & Confectionery Items Market Outlook
- Asia Pacific Frozen Bakery & Confectionery Items Market Size
- Asia Pacific Frozen Bakery & Confectionery Items Market Forecast
- Historical Data of Asia Pacific Frozen Bakery & Confectionery Items Market Revenues for the Period 2016-2019
- Market Size & Asia Pacific Frozen Bakery & Confectionery Items Market Forecast of Revenues until 2026
- Historical Data of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues for the Period 2016-2019
- Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues until 2026
- Market Size & Forecast of China, Japan, Australia, India, and Indonesia Frozen Bakery & Confectionery Items Market Revenues, By End Users, until 2026
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