Government monitored Strict Food Standards Creating Challenges for Baked Goods Industry in Taiwan: Ken Research REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The bakery market in Taiwan is one of the most developed sectors in the economy. The market is now experiencing a slow expansion rate. The focus of the market is now moving towards restructuring itself, improving the safety and quality of food items and expanding in size. There is an increasing health consciousness amongst the consumers. They are now demanding healthier products and are giving more importance to details like the ingredients compositions. Natural butter and natural sweeteners, whole wheat flour, whole grains, dried fruits, fresh fruits, tree nuts etc. are healthier ingredients that are now gaining popularity. These ingredients are highly priced and with more and more consumers preferring them, this helps in the growth of the market and improving the quality of the products available.The disposable income of the population has been rising and the consumers are now able to afford the highly priced healthy ingredients. According to the market research report “Baked Goods in Taiwan“, the packaged leavened bread is the fastest growing segment in the market as its consumer base has been on a rise but the unpackaged leavened bread still has a much greater demand in the country. European-style bread is now being preferred by the consumers as they have more grains, seeds and nuts and are believed to be healthier than the local bread. They are more expensive and are sold through artisanal and chained bakeries. In 2014, there were many food scandals which had shaken the consumer confidence in packaged goods. This however, led to better and stricter food safety standards. The government has imposed a greater level of monitoring over the market to ensure consumer safety and satisfaction. The consumers and media are also promoting and encouraging better food standards, leading to more quality conscious market rather than price oriented. One of the major hindrance in the market growth is the popularity of eating out which cuts the revenue of packaged bakery goods.The baked goods market is already a well-developed market with intense competition. Therefore, there is less scope of growth and expansion of the industry. Uni-president Enterprises Corp is the leader in the baked goods market in Taiwan. It has gained and maintained this position because of the close ties with convenience stores which have helped in building a strong distribution network. The restructuring of baked goods industry has also lead to rise in competition as many new companies have entered the market. There many fragments in the baked goods industry in Taiwan. Artisanal players have the largest market share. The accessibility of these artisanal bakers throughout the country is one of the major reasons for their strong position in the market. They are strategically located near transport stations and hubs and can be found in large cities and other urban areas along with many shopping centres. The market share of the artisanal bakeries has increased marginally and has led to the decline of other producers. The local bakeries offer freshly baked goods which are liked by the consumers. A wide variety of baked goods are available that differs from producer to producer along with differences in quality. For further reading click on the link below: https://www.kenresearch.com/food-beverage-and-tobacco/general-food/baked-goods-taiwan/112190-11.html Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com Tags: Bakery market in Taiwan, Packaged baked goods market Taiwan, Taiwan Baked Goods Export Volume, Taiwan Baked Goods Import Volume, Taiwan Baked Goods Industry analysis, Taiwan Baked Goods Market competition, Taiwan Baked Goods Market Future Outlook, Taiwan Baked Goods Market Research Report, Taiwan Baked Goods Market Size, Taiwan Baked Goods Production Output, Taiwan Baked Goods Retail Market, Taiwan Baked Goods Trade Market