Bread and Bakery Market in the United States
In value terms, bread and bakery production reduced modestly to $ in . The total output value increased at an average annual rate of +% from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2008 when the production volume increased by % against the previous year. Over the period under review, production hit record highs at $ in , and then declined in the following year.
The revenue of the bread and bakery market in the United States amounted to $ in , standing approx. at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Bread and bakery consumption peaked in and is likely to see gradual growth in years to come.
From 2007 to , the average annual growth rate of the volume of consumption of gingerbread, sweet biscuits and waffles was relatively modest.
In value terms, gingerbread, sweet biscuits and waffles ($) led the market, alone. The second position in the ranking was taken by crispbread, rusks and toasted bread ($).
From 2007 to , the average annual growth rate of the market volume of gingerbread, sweet biscuits and waffles totaled +%.