Global Reduced Fat Bakery Products Market to Reach $41 Billion by 2030
The global market for Reduced Fat Bakery Products estimated at US$30.1 Billion in the year 2023, is expected to reach US$41 Billion by 2030, growing at a CAGR of 4.5% over the period 2023-2030.
The U.S. Market is Estimated at $8 Billion, While China is Forecast to Grow at 6.7% CAGR
The Reduced Fat Bakery Products market in the U.S. is estimated at US$8 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.7 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 3.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.
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