date:Aug 08, 2014
New research from Canadean has found that China will become the second most valuable market for bakery and cereal products by 2018.
The report suggests that the Chinese market for these products could reach $47 billion within a four year period as more urban dwellers choose to consume snacks on the go. With only the US market worth more, China is set to become one of the most attractive bakery and cereals markets worldwide.
According to Canadean, the current per capita consumption of baked goo