Growth Projections for the Southeast Asia Bakery Products Market
Morder Intelligence reported that the Southeast Asia Bakery Products Market is projected to expand from USD 10.89 billion in 2023 to USD 14.99 billion by 2028, with a compound annual growth rate (CAGR) of 6.60% over the forecast period
Malaysia-based Green House Regional Sales Director Michael Yap told FoodNavigator-Asia at the year 2023 that the annual consumption per capita of bakery in Malaysia, Indonesia, Philippines and Thailand is currently 4.9 kg, but it will be estimated to grow to 39 kg by 2030.
Reference:
1. Southeast Asia Bakery Products Market size | Mordor Intelligence. (n.d.). https://www.mordorintelligence.com/industry-reports/southeast-asia-bakery-products-market
2. Pearly Neo (2023, December 31). Baking up brilliance: More focus on localised and unique flavours needed to tap enormous APAC bakery growth potential. https://www.foodnavigator-asia.com/Article/2023/12/31/more-focus-on-localised-and-unique-flavours-needed-to-tap-enormous-apac-bakery-growth-potential
Recent Posts
See All
Henrick Low •
Dec 17, 2024 •
4 minutes read
The Critical Role of Dough Hydration in Bread Making
Dough hydration plays a pivotal role in bread making, as it directly influences the softness, elasticity, and overall texture of the final product. Precise control of dough hydration is essential to ensuring consistent quality in bread. This article provides an in-depth explanation of how to calculate dough hydration, adjust it based on flour types, and analyze its multifaceted impact on bread quality.
Read
Henrick Low •
Dec 5, 2024 •
3 minutes read
The Role of Gluten in Bread Making: Why It’s Essential
Gluten is at the heart of bread-making, playing a vital role in determining the structure, texture, and quality of the final product. Understanding gluten and its behavior during the bread-making process is essential for bakers striving for consistency and excellence.
Read
Henrick Low •
Nov 8, 2024 •
2 minutes read
Latest Developments in Industrial Bakery Equipment
Discover the latest advancements in industrial bakery equipment. Improve efficiency, ensure product quality, and reduce labour costs with our innovative solutions. Stay ahead of the competition and unlock your bakery's full potential
Read