Global bread market reaches $220 billion

Global bread sales increased to more than $220 billion last year, up from $196 billion in 2010, Dr. Hikmet Boyacıoğlu of Okan University told the Anatolia news agency. Some 70 percent of bread sales in 2011 were packaged, and the rest unpackaged, Boyacıoğlu said.

Turkey’s retail bread sales exceeded 11 million tons last year, up from 10.5 million tons in 2006, he said. Turkish packaged bread sales increased by 9.3 percent, unpackaged bread sales increased by 25 percent between 2006 and 2011

Bakery and dairy products constituted more than 40 percent of the global packaged food market with an estimated worth of $2.1 trillion in 2011.