Baking is the process of cooking food by dry heat in an oven, hot ashes or on hot stones. Bakery products include bread, cookies, biscuits, rolls, cakes, cupcakes, pies, tarts, sweet rolls, coffeecakes, doughnuts and refrigerated bakery products. Bread, which has been a common staple since prehistoric times, provides many nutrients that are vital for the health. Biscuit is also one of the popular category among all bakery products. Today, most of the traditional baking methods have been replaced by modern methods which are influenced by the latest technologies. During 2014-2018, the global bread and biscuit products market has grown at a CAGR of around 1 and 3% respectively. Currently, the market is being driven by increasing disposable incomes, higher standards of living, shifting lifestyles resulting from cultural changes and growth in emerging markets. New product launches is also one of the key driving factor of this market. The report by Expert Market Research, entitled “Bakery Products Market Report and Forecast 2019 – 2024”, provides a comprehensive analysis for anyone who plans to foray into the bakery products market.
Historical market trends for the global bakery products industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global bakery products market into the following major regions – Europe, United States, Asia Pacific and others. Currently, Europe represents the largest market. On the basis of product type, the global bread market is segmented into: packaged/industrial and unpackaged/artisanal, and global biscuit market is segmented into: butter based cookies, chocolate cookies, plain cookies, cream filled, wafer biscuits and others.
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The value chain analysis of the bakery products industry has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analyzing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the bakery products industry has also been provided. Some of the key players in bread market include: Barilla Holding, Baltic Bread, Grupo Bimbo, and Sara Lee. Some of the key players in biscuit market include: Mondelez, Kellogg, and Campbell.
This report provides an exhaustive insight for setting-up and running a bakery products manufacturing plant. Factors such as land requirement, construction requirement, raw material requirement, labour requirement, machinery requirement, manufacturing process, utility requirement, total capital investment, total operating costs, prices, income projections, expenditure projections, profit margins, net present value, return on investment, payback period, etc. have been comprehensively covered in this report.
The following are the key questions answered by this report:
- What are the market trends for the global bakery products market?
- Which are the biggest markets (regions) for bakery products?
- What are the major types of bakery products? Which are the most popular?
- Who are the key manufacturers in the bakery products market?
- What are the land and construction requirements to start a bakery products manufacturing plant?
- What are the machinery requirements to start a bakery products manufacturing plant?
- How are bakery products priced? What are the profit margins at various stages of the supply chain?
- What is the total capital investment required to start a bakery products manufacturing plant?
- What are the running costs of a bakery products manufacturing plant?
- How much revenue can a bakery products manufacturing plant generate?
In order to prepare this research report, Expert Market Research conducted face to face and telephonic interviews with numerous industry participants in the bakery products industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.