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Article: Sweet news. (sales of sweet baked goods)
- Article from:
- Frozen Food Digest
- Article date:
- April 1, 1994
CopyrightCOPYRIGHT 1994 Frozen Food Digest, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The premium sweet baked goods industry hear some sweet news this month when the New York consulting and research firm FIND/SVP forecasted that retail sales of premium sweet-baked goods will total $7.61 billion in 1998.
Retail Sales
In 1993, retail sales of premium sweet baked goods in the U.S. totaled roughly $5.06 billion. The market grew at a compound annual rate of 9.3% since 1989, when it was $3.54 billion.
FIND/SVP, publisher of the new report, The Market for Premium Sweet Baked Goods, the retail sales of all sweet baked goods totaled roughly $14.35 billion in the U.S. in 1993. This was up from roughly $10.71 billion in 1989, ...