LONDON, Nov. 24, 2016 /PRNewswire/ -- Summary The global Bakery and Cereals market in 2015 was valued at US$476.8 billion and is expected to register growth at a CAGR of 2.6% to reach US$541.2 billion by 2020. Western Europe is the largest region, accounting for 28.7% value share in 2015 while Asia Pacific will be the fastest growing region at a CAGR of 6.9% during 2015-2020. Out of 50 countries analyzed, the top ten countries accounted for 57.4% of value share and 52.9% of volume share in 2015. Furthermore, the global Bakery and Cereals market is highly fragmented with the top five brands holding just 5.4% of the combined market value share in 2015. Key Findings - Large young population base and changing eating patterns of consumers in the developing countries will drive global Bakery and Cereals market - Innovation, time scarcity and product differentiation in the form of reformulated products with healthy and high quality ingredients will drive the consumption levels in developed countries - In the Asia-Pacific region, India, China, and Japan are the largest markets for Bakery and Cereals products in value terms - The Morning Goods category has the highest market share for private label products in the global Bakery and Cereals market - Quaker is one of the leading brands of Breakfast Cereals in most of the regions - Hypermarkets and Supermarkets is the leading distribution channel in the global Bakery and Cereals market, accounting for nearly half of the market share in 2015 - Flexible Packaging is forecast to register the fastest growth among packaging materials during 2015-2020 Synopsis Canadean's Global report on the Bakery and Cereals market provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.