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Global Bakery Products Market Size, Share, Forecast: By Product: Biscuits, Bread and Rolls, Cakes and Pastries, Rusks, Others; By Distribution Channel: Convenience Stores, Supermarkets and Hypermarkets, Independent Retailers, Artisanal Bakeries, Online Stores, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Bakery Products Market Growth

Bakery products are prepared by cooking in the presence of dry heat in an oven, on hot stones, or hot ashes. The bakery products have an extensive portfolio, including bread, cookies, rolls, cakes, biscuits, cupcakes, tarts, pies, sweet rolls, doughnuts, coffeecakes, and refrigerated bakery products. A typical bread is an everyday staple and a source of vital nutrients, made domestically or commercially since prehistoric times. Biscuit is also a popular category of bakery products and biscuit baking methods have undergone a massive transformation with the advent of new technology.

 

The rising demand for ready-to-eat and convenience foods due to hectic lifestyles is a major driver for the bakery products market growth. Consumers are increasingly seeking bakery items that are fresh, have a long shelf life, and look and taste appealing even after being stored for some time. The escalating per-capita income in developing nations and the increasing adoption of western diets in Asia Pacific countries are poised to further drive the market.

 

Additionally, product innovation, strategic alliances, and effective branding and marketing strategies by key players are other factors propelling the growth of this market. The growing popularity of specialised bakery products like gluten-free, high-fiber, and trans-fat-free items in regions like Europe is also contributing to bakery products market development.

 

Bakery Products Market Report Snapshots

Bakery Products Market Size

Bakery Products Market Growth

Bakery Products Market Trends

Bakery Products Market Share

Bakery Products Manufacturers

Bakery Products Market Regional Analysis

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Bakery Products Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Bakery Products Historical Market (2018-2023) 
    8.3    Global Bakery Products Market Forecast (2024-2032)
    8.4    Global Bakery Products Market by Product 
        8.4.1    Biscuits
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
            8.4.1.3    Breakup by Type
                8.4.1.3.1 Cookies
                8.4.1.3.2    Cream Biscuits
                8.4.1.3.3    Glucose Biscuits
                8.4.1.3.4    Marie Biscuits
                8.4.1.3.5    Non-Salt Cracker Biscuits
                8.4.1.3.6    Salt Cracker Biscuits
                8.4.1.3.7    Milk Biscuits
                8.4.1.3.8    Others
        8.4.2    Bread and Rolls
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Type
                8.4.2.3.1    Artisanal Bakeries
                8.4.2.3.2    In-Store Bakeries
                8.4.2.3.3    Packaged
        8.4.3    Cakes and Pastries
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
            8.4.3.3    Breakup by Type
                8.4.3.3.1    Artisanal Bakeries
                8.4.3.3.2    In-Store Bakeries
                8.4.3.3.3    Packaged
        8.4.4    Rusks
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Bakery Products Market by Distribution Channel
        8.5.1    Convenience Stores
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Supermarkets and Hypermarkets
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Independent Retailers
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Artisanal Bakeries
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Online Stores
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others   
    8.6    Global Bakery Products Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Bakery Products Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Bakery Products Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Bakery Products Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Bakery Products Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and  Africa Bakery Products Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Iran
        13.5.1    Historical Trend (2018-2023) 
        13.5.2    Forecast Trend (2024-2032)
    13.6    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Manufacturing Process

    16.1    Bread
        16.1.1    Detailed Process Flow
        16.1.2    Operations Involved
        16.1.3    Mass Balance
    16.2    Biscuits
        16.2.1    Detailed Process Flow
        16.2.2    Operations Involved
        16.2.3    Mass Balance
17    Project Details, Requirements, and Costs Involved
    17.1    Land Requirements and Expenditure
    17.2    Construction Requirements and Expenditure
    17.3    Plant Machinery
    17.4    Raw Material Requirements and Expenditure
    17.5    Packaging Requirements and Expenditure
    17.6    Transportation Requirements and Expenditure
    17.7    Utilities Requirements and Expenditure
    17.8    Manpower Requirements and Expenditure
    17.9    Other Capital Investment
18    Loans and Financial Assistance
19    Project Economics

    19.1    Capital Cost of the Project
    19.2    Techno-Economic Parameters
    19.3    Product Pricing and Margin Across the Various Levels of the Supply Chain
    19.4    Income Projections
    19.5    Expenditure Projections
    19.6    Taxation and Depreciation
    19.7    Financial Analysis
    19.8    Profit Analysis
20    Competitive Landscape
    20.1    Market Structure
    20.2    Company Profiles
        20.2.1    Mondelez International, Inc.
            20.2.1.1    Company Overview
            20.2.1.2    Product Portfolio
            20.2.1.3    Demographic Reach and Achievements
            20.2.1.4    Financial Summary
            20.2.1.5    Certifications
        20.2.2    Associated British Foods Plc
            20.2.2.1    Company Overview
            20.2.2.2    Product Portfolio
            20.2.2.3    Demographic Reach and Achievements
            20.2.2.4    Financial Summary
            20.2.2.5    Certifications
        20.2.3    Nestle S.A.
            20.2.3.1    Company Overview
            20.2.3.2    Product Portfolio
            20.2.3.3    Demographic Reach and Achievements
            20.2.3.4    Financial Summary
            20.2.3.5    Certifications
        20.2.4    Britannia Industries  Limited
            20.2.4.1    Company Overview
            20.2.4.2    Product Portfolio
            20.2.4.3    Demographic Reach and Achievements
            20.2.4.4    Financial Summary
            20.2.4.5    Certifications
        20.2.5    Grupo Bimbo, S.A.B. de C.V.
            20.2.5.1    Company Overview
            20.2.5.2    Product Portfolio
            20.2.5.3    Demographic Reach and Achievements
            20.2.5.4    Financial Summary
            20.2.5.5    Certifications
        20.2.6    Finsbury Food Group Plc
            20.2.6.1    Company Overview
            20.2.6.2    Product Portfolio
            20.2.6.3    Demographic Reach and Achievements
            20.2.6.4    Financial Summary
            20.2.6.5    Certifications
        20.2.7    Others
21    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Bakery Products Market: Key Industry Highlights, 2018 and 2032
2.    Global Bakery Products Historical Market: Breakup by Product Type (USD Billion), 2018-2023
3.    Global Bakery Products Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
4.    Global Bakery Products Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
5.    Global Bakery Products Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
6.    Global Bakery Products Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Bakery Products Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Bakery Products Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Bakery Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Bakery Products Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Bakery Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Bakery Products Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Bakery Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Bakery Products Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Bakery Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Bakery Products Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Bakery Products Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Bakery Products Market Structure

Key Questions Answered in the Report

The global bakery products market reached a value of USD 513.17 billion in 2023.

The market is expected to grow at a CAGR of 6.7% between 2024 and 2032.

The major drivers of the market include rising disposable incomes, increasing population, new product launches, higher standards of living and shifting lifestyles due to cultural changes, increasing consumption of processed products, the rising demand for low-calorie bakery products, hectic lifestyles, rapid urbanisation, the rise of online bakery platforms, and the rising demand for diversified products like organic and gluten-free products.

The rising product diversification and rapid innovations are expected to be the key trends in the bakery products market.

Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The bread and rolls segment is the dominant product in the market.

The major distribution channels in the market include supermarkets and hypermarkets, artisanal bakeries, convenience stores, independent retailers, and online stores, among others.

Key players in the market are Mondelez International, Inc., Associated British Foods Plc, Nestle S.A., Britannia Industries Limited, Grupo Bimbo, S.A.B. de C.V., and Finsbury Food Group Plc, among others.

Analyst Review

The global bakery products market attained a value of USD 513.17 billion in 2023 driven by the rise in new product launches. Aided by the increasing demand for low-calorie bakery products, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.7%. The market is projected to reach USD 919.90 billion by 2032.   

 

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on its product, the market can be segmented into biscuits, bread and rolls, cakes and pastries, and rusks, with bread and rolls accounting for the largest market share. On the basis of distribution channel, the market can be segmented into supermarkets and hypermarkets, artisanal bakeries, convenience stores, independent retailers, and online stores, among others. The major regional markets for bakery products are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with Europe accounting for the largest share of the market. The key players in the above market include Mondelēz International, Inc., Associated British Foods Plc, Nestlé S.A., Britannia Industries  Limited, Grupo Bimbo, S.A.B. de C.V., Finsbury Food Group Plc, among others.

 

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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