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Global Bakery Products Market Aided by Bakery Market Growth, Projected Reach USD 919.90 billion by 2032

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

Bakery Products Market Share

Breads and rolls are high in demand as it is a staple food item among households of various regions

Bread is a staple food and holds the primary share in the baking industry, though its dominance is being challenged by the rapid growth of other bakery products like pastries and doughnuts. Cakes and pastries are experiencing rapid growth, driven by the increasing consumer demand for unique and indulgent bakery items.

The biscuits segment is a major component of the bakery products market, and it includes cream biscuits, glucose biscuits, Marie biscuits, non-salt cracker biscuits, salt cracker biscuits, and milk biscuits. Rusks are another product type within the market and can be found in artisanal bakeries, in-store bakeries, and packaged formats. Rusks are a type of twice-baked bread that is popular in many regions and is commonly consumed with hot beverages, like tea.

Supermarkets and hypermarkets hold a significant market share due to their extensive reach and diverse product offerings

The supermarkets and hypermarkets segment dominates the global bakery products market they provide a wide variety of bakery products, ranging from fresh bread to packaged pastries. Their extensive reach, diverse product offerings, promotional capabilities, and one-stop shopping experience make them a prominent player in the bakery product distribution industry. Their large size allows them to offer special deals and discounts, further driving consumer preference.

As per bakery products market analysis, the artisanal bakeries cater to consumers seeking unique, premium, and freshly baked items, contributing to the overall growth of the market. Such bakeries make high-quality and handcrafted baked goods using traditional methods. Artisanal bakeries are particularly popular in regions like Europe, where there is a strong demand for authentic and locally sourced bakery products.

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

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

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 Type
       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   Non-Salt Cracker Biscuits
               8.4.1.3.5   Salt Cracker Biscuits
               8.4.1.3.6   Milk Biscuits
               8.4.1.3.7   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
               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
               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)
   8.5   Global Bakery Products Market by Distribution Channel
       8.5.1   Supermarkets and Hypermarkets
           8.5.1.1   Historical Trend (2018-2023)
           8.5.1.2   Forecast Trend (2024-2032)
       8.5.2   Specialty Stores
           8.5.2.1   Historical Trend (2018-2023)
           8.5.2.2   Forecast Trend (2024-2032)
       8.5.3   Convenience Stores
           8.5.3.1   Historical Trend (2018-2023)
           8.5.3.2   Forecast Trend (2024-2032)
       8.5.4   Online
           8.5.4.1   Historical Trend (2018-2023)
           8.5.4.2   Forecast Trend (2024-2032)
       8.5.5   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)
           8.6.1.3   Breakup by Product Type
           8.6.1.4   Breakup by Distribution Channel
       8.6.2   Europe
           8.6.2.1   Historical Trend (2018-2023)
           8.6.2.2   Forecast Trend (2024-2032)
           8.6.2.3   Breakup by Product Type
           8.6.2.4   Breakup by Distribution Channel
       8.6.3   Asia Pacific
           8.6.3.1   Historical Trend (2018-2023)
           8.6.3.2   Forecast Trend (2024-2032)
           8.6.3.3   Breakup by Product Type
           8.6.3.4   Breakup by Distribution Channel
       8.6.4   Latin America
           8.6.4.1   Historical Trend (2018-2023)
           8.6.4.2   Forecast Trend (2024-2032)
           8.6.4.3   Breakup by Product Type
           8.6.4.4   Breakup by Distribution Channel
       8.6.5   Middle East and Africa
           8.6.5.1   Historical Trend (2018-2023)
           8.6.5.2   Forecast Trend (2024-2032)
           8.6.5.3   Breakup by Product Type
           8.6.5.4   Breakup by Distribution Channel
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   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   Trade Data Analysis (HS Code – 1905)
   15.1   Major Exporting Countries
       15.1.1   By Value
       15.1.2   By Volume
   15.2   Major Importing Countries
       15.2.1   By Value
       15.2.2   By Volume
16   Competitive Landscape
   16.1   Market Structure
   16.2   Company Profiles
       16.2.1   Nestlé S.A.
           16.2.1.1   Company Overview
           16.2.1.2   Product Portfolio
           16.2.1.3   Demographic Reach and Achievements
           16.2.1.4   Certifications
       16.2.2   General Mills Inc.
           16.2.2.1   Company Overview
           16.2.2.2   Product Portfolio
           16.2.2.3   Demographic Reach and Achievements
           16.2.2.4   Certifications
       16.2.3   Grupo Bimbo, S.A.B. de C.V.
           16.2.3.1   Company Overview
           16.2.3.2   Product Portfolio
           16.2.3.3   Demographic Reach and Achievements
           16.2.3.4   Certifications
       16.2.4   Associated British Foods plc
           16.2.4.1   Company Overview
           16.2.4.2   Product Portfolio
           16.2.4.3   Demographic Reach and Achievements
           16.2.4.4   Certifications
       16.2.5   McKee Foods Corporation
           16.2.5.1   Company Overview
           16.2.5.2   Product Portfolio
           16.2.5.3   Demographic Reach and Achievements
           16.2.5.4   Certifications
       16.2.6   Parle Products Pvt. Limited
           16.2.6.1   Company Overview
           16.2.6.2   Product Portfolio
           16.2.6.3   Demographic Reach and Achievements
           16.2.6.4   Certifications
       16.2.7   Britannia Industries Limited
           16.2.7.1   Company Overview
           16.2.7.2   Product Portfolio
           16.2.7.3   Demographic Reach and Achievements
           16.2.7.4   Certifications
       16.2.8   ITC Limited
           16.2.8.1   Company Overview
           16.2.8.2   Product Portfolio
           16.2.8.3   Demographic Reach and Achievements
           16.2.8.4   Certifications
       16.2.9   Walkers Shortbread Ltd
           16.2.9.1   Company Overview
           16.2.9.2   Product Portfolio
           16.2.9.3   Demographic Reach and Achievements
           16.2.9.4   Certifications
       16.2.10   Finsbury Food Group Limited
           16.2.10.1   Company Overview
           16.2.10.2   Product Portfolio
           16.2.10.3   Demographic Reach and Achievements
           16.2.10.4   Certifications
       16.2.11   Lotus Bakeries NV
           16.2.11.1   Company Overview
           16.2.11.2   Product Portfolio
           16.2.11.3   Demographic Reach and Achievements
           16.2.11.4   Certifications
       16.2.12   Kambly SA
           16.2.12.1   Company Overview
           16.2.12.2   Product Portfolio
           16.2.12.3   Demographic Reach and Achievements
           16.2.12.4   Certifications
       16.2.13   Annie's Homegrown, Inc
           16.2.13.1   Company Overview
           16.2.13.2   Product Portfolio
           16.2.13.3   Demographic Reach and Achievements
           16.2.13.4   Certifications
       16.2.14   Others
17   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.   Major Exporting Countries by Value
19.   Major Importing Countries by Value
20.   Major Exporting Countries by Volume
21.   Major Importing Countries by Volume
22.   Global Bakery Products Market Structure

Key Questions Answered in the Report

What was the bakery products market value in 2023?

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

What is the growth rate of the market?

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

What are the major market drivers?

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.

What are the key trends of the market?

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

Which regions are included in the market, as per EMR report?

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

What is the dominant product in the market?

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

What are the major distribution channels in the market?

The major distribution channels in the market include supermarkets and hypermarkets, specialty stores, convenience stores, and online, among others.

Who are the key players in the bakery products industry, according to the report?

Key players in the market are Associated British Foods Plc, Nestle S.A., Britannia Industries Limited, Grupo Bimbo, S.A.B. de C.V., Finsbury Food Group Limited, General Mills Inc., McKee Foods Corporation, Parle Products Pvt. Limited, ITC Limited, Walkers Shortbread Ltd, Lotus Bakeries NV, Kambly SA, and Annie’s Homegrown, Inc, among others.

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