Reports

Sale

Indian Bakery Market

Indian Bakery Market Share, Analysis, Growth, Forecast: By Type: Biscuit, Bread, Cakes and Pastries, Rusk, Others; By Distribution Channel: Supermarkets and Hypermarkets, Convenience Stores, Independent Retailers, Artisanal Bakeries, Online; Regional Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2024-2032

Indian Bakery Market Outlook

The Indian bakery market stood at a value of approximately USD 11.07 billion in 2023. The market is further estimated to grow at a CAGR of 9.5% between 2024 and 2032 to reach a value of USD 25.16 billion by 2032. The Indian bakery market is being supported by the thriving biscuits and cookies sector in the region.

 

Indian Bakery Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


The biscuits and cookies industry in India accounts for nearly 72% of the sales in the Indian bakery market. In comparison to other baked FMCG products, the penetration of cookies and biscuits is quite high in both the urban and rural areas owing to their affordable price and cholesterol-free nature. Currently, India is the world's largest biscuit consuming nation. The region enjoys a comparative advantage in manufacturing, with an abundant supply of primary ingredients, which supports the growth of the industry in the region.

 

East and North India are the regions with the highest consumption rate of biscuits and cookies in the country. Maharashtra and West Bengal, being the most industrially developed states, hold the highest rate of biscuit consumption. The top four players in the biscuits and cookies market are Parle Products Pvt. Ltd, Britannia Industries Ltd., ITC Limited, and Surya Food & Agro Ltd., where Britannia and Parle together account for a significant market share.

 

Market Segmentation

Baking refers to the process of cooking food by using dry heat in an oven, hot ashes or on hot stones. Baked goods or bakery products include items such as, bread, cookies, biscuits, rolls, cakes, cupcakes, pies, tarts, sweet rolls, coffeecakes, doughnuts, and refrigerated bakery products. Baked goods, such as bread, provide many nutrients that are vital for the health. Bread and biscuits are some of the popular products among other baked goods.

 

Indian Bakery Market By Segments

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

 

On the basis of type, the Indian bakery market is divided into:

  • Biscuit
    • Cookies
    • Cream Biscuits
    • Glucose Biscuits
    • Marie Biscuits
    • Non-Salt Cracker Biscuits
    • Salt Cracker Biscuits
    • Milk Biscuits
    • Others
  • Bread
    • Sandwich Breads
    • Burger Breads
    • Croissants
    • Others
  • Cakes and Pastries 
    • Packed Cupcakes
    • Pastries
    • Muffins
    • Layer Cakes
    • Donuts
    • Swiss roll
    • Others
  • Rusk
  • Others

 

On the basis of distribution channel, the market is categorised into: 

  • Convenience Stores
  • Supermarkets and Hypermarkets
  • Independent Retailers
  • Artisanal Bakeries
  • Online
  • Others 

 

On the basis of region, the market is segmented into:

  • North India
  • East and Central India
  • South India
  • West India

 

Indian Bakery Market By Region

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF


Market Analysis

The Indian bakery market is being driven by the growing demand for biscuits and cookies, rapid advancement in technology, and increasing population in the region. In the food processing industry, bakery, which is also a traditional activity holds an important place. Bakery products have become preferred consumer choice due to their high nutrient value and affordability and are an item of huge consumption in the region. With the fluctuating eating habits of people due to their busy lifestyle, coupled with the rising demand for western taste, bakery products have gained huge popularity. The emergence of a female working population is further contributing significantly to the growth trajectory of the Indian bakery market.

 

With the increasing consumer demand for new and healthy food options, the industry is further experiencing fortification of bakery products to satiate the appetite of the health-conscious people. The launch of healthy products in the bakery segment is increasing and is gaining popularity at a high rate. The growing penetration of bakery chains is further triggering the growth of the industry in the region.

 

Bakery products like bread and biscuits are quite popular among millennials due to their convenient and affordable nature. Further, the growing use of online platforms in the region is enhancing the 'click and collect' trend, with millennials ordering baked goods online. This still is an untapped market in the region and is expected to create huge revolution in the future, thus, aiding the Indian bakery market further.


Competitive Landscape

The report gives a detailed analysis of the following key players in the Indian bakery market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

 

  • Britannia Industries Ltd.
  • Parle Products Pvt. Ltd.
  • Surya Food & Agro Ltd.
  • ITC Limited
  • Anmol Industries Ltd.
  • Jubilant FoodWorks Limited
  • Ravi Foods Pvt. Ltd.
  • Mondelez International, Inc
  • Mrs Bectors Food Specialities Ltd.
  • Patanjali Ayurved Limited,
  • Others

 

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Distribution Channel
  • Region
Breakup by Type
  • Biscuit
  • Bread
  • Cakes and Pastries
  • Rusk
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Independent Retailers
  • Artisanal Bakeries
  • Online
Breakup by Region
  • North India
  • East and Central India
  • West India
  • South India
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Trade Data Analysis
  • Major Exporting Countries
    • By Value
    • By Volume
  • Major Importing Countries
    • By Value
    • By Volume
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Britannia Industries Ltd.
  • Parle Products Pvt. Ltd.
  • Surya Food & Agro Ltd.
  • ITC Limited
  • Anmol Industries Ltd.
  • Jubilant FoodWorks Limited
  • Ravi Foods Pvt. Ltd.
  • Mondelez International, Inc
  • Mrs Bectors Food Specialities Ltd.
  • Patanjali Ayurved Limited,
  • Others

 

*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
7    Opportunities and Challenges in the Market
8    Global Bakery Market Overview

    8.1    Key Industry Highlights
    8.2    Global Bakery Historical Market (2018-2023) 
    8.3    Global Bakery Market Forecast (2024-2032)
    8.4    Global Bakery Market Share by Region
        8.4.1    North America
        8.4.2    Europe
        8.4.3    Asia Pacific
        8.4.4    Latin America
        8.4.5    Middle East and Africa
9    Indian Bakery Market Overview
    9.1    Key Industry Highlights
    9.2    Indian Bakery Historical Market (2018-2023) 
    9.3    Indian Bakery Market Forecast (2024-2032)
10    Indian Bakery Market by Type
    10.1    Biscuit
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2023)
        10.1.3    Forecast Trend (2024-2032)
        10.1.4    Market by Type
            10.1.4.1    Cookies
                10.1.4.1.1    Market Share
                10.1.4.1.2    Historical Trend (2018-2023)
                10.1.4.1.3    Forecast Trend (2024-2032)
            10.1.4.2    Cream Biscuits
                10.1.4.2.1    Market Share
                10.1.4.2.2    Historical Trend (2018-2023)
                10.1.4.2.3    Forecast Trend (2024-2032)
            10.1.4.3    Glucose Biscuits
                10.1.4.3.1    Market Share
                10.1.4.3.2    Historical Trend (2018-2023)
                10.1.4.3.3    Forecast Trend (2024-2032)
            10.1.4.4    Marie Biscuits
                10.1.4.4.1    Market Share
                10.1.4.4.2    Historical Trend (2018-2023)
                10.1.4.4.3    Forecast Trend (2024-2032)
            10.1.4.5    Non-Salt Cracker Biscuits
                10.1.4.5.1    Market Share
                10.1.4.5.2    Historical Trend (2018-2023)
                10.1.4.5.3    Forecast Trend (2024-2032)
            10.1.4.6    Salt Cracker Biscuits
                10.1.4.6.1    Market Share
                10.1.4.6.2    Historical Trend (2018-2023)
                10.1.4.6.3    Forecast Trend (2024-2032)
            10.1.4.7    Milk Biscuits
                10.1.4.7.1    Market Share
                10.1.4.7.2    Historical Trend (2018-2023)
                10.1.4.7.3    Forecast Trend (2024-2032)
            10.1.4.8    Others
    10.2    Bread
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2023)
        10.2.3    Forecast Trend (2024-2032)
        10.2.4    Market by Type
            10.2.4.1    Sandwich Breads
                10.2.4.1.1    Market Share
                10.2.4.1.2    Historical Trend (2018-2023)
                10.2.4.1.3    Forecast Trend (2024-2032)
            10.2.4.2    Burger Breads
                10.2.4.2.1    Market Share
                10.2.4.2.2    Historical Trend (2018-2023)
                10.2.4.2.3    Forecast Trend (2024-2032)
            10.2.4.3    Croissants
                10.2.4.3.1    Market Share
                10.2.4.3.2    Historical Trend (2018-2023)
                10.2.4.3.3    Forecast Trend (2024-2032)
            10.2.4.4    Others
    10.3    Cakes and Pastries 
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2023)
        10.3.3    Forecast Trend (2024-2032)
        10.3.4    Market by Type
            10.3.4.1    Packed Cupcakes
                10.3.4.1.1    Market Share
                10.3.4.1.2    Historical Trend (2018-2023)
                10.3.4.1.3    Forecast Trend (2024-2032)
            10.3.4.2    Pastries
                10.3.4.2.1    Market Share
                10.3.4.2.2    Historical Trend (2018-2023)
                10.3.4.2.3    Forecast Trend (2024-2032)
            10.3.4.3    Muffins
                10.3.4.3.1    Market Share
                10.3.4.3.2    Historical Trend (2018-2023)
                10.3.4.3.3    Forecast Trend (2024-2032)
            10.3.4.4    Layer Cakes
                10.3.4.4.1    Market Share
                10.3.4.4.2    Historical Trend (2018-2023)
                10.3.4.4.3    Forecast Trend (2024-2032)
            10.3.4.5    Donuts
                10.3.4.5.1    Market Share
                10.3.4.5.2    Historical Trend (2018-2023)
                10.3.4.5.3    Forecast Trend (2024-2032)
            10.3.4.6    Swiss roll
                10.3.4.6.1    Market Share
                10.3.4.6.2    Historical Trend (2018-2023)
                10.3.4.6.3    Forecast Trend (2024-2032)
            10.3.4.7    Others
    10.4    Rusk
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2023)
        10.4.3    Forecast Trend (2024-2032)
    10.5    Others
11    Indian Bakery Market by Distribution Channel
    11.1    Supermarkets and Hypermarkets
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2023)
        11.1.3    Forecast Trend (2024-2032)
    11.2    Convenience Stores
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2023)
        11.2.3    Forecast Trend (2024-2032)
    11.3    Independent Retailers
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2023)
        11.3.3    Forecast Trend (2024-2032)
    11.4    Artisanal Bakeries
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2023)
        11.4.3    Forecast Trend (2024-2032)
    11.5    Online
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2023)
        11.5.3    Forecast Trend (2024-2032)
12    Indian Bakery Market by Region
    12.1    North India
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2023)
        12.1.3    Forecast Trend (2024-2032)
    12.2    East and Central India
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2023)
        12.2.3    Forecast Trend (2024-2032)
    12.3    West India
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2023)
        12.3.3    Forecast Trend (2024-2032)
    12.4    South India
        12.4.1    Market Share
        12.4.2    Historical Trend (2018-2023)
        12.4.3    Forecast Trend (2024-2032)
13    Market Dynamics
    13.1    SWOT Analysis
        13.1.1    Strengths
        13.1.2    Weaknesses
        13.1.3    Opportunities
        13.1.4    Threats
    13.2    Porter’s Five Forces Analysis
        13.2.1    Supplier’s Power
        13.2.2    Buyer’s Power
        13.2.3    Threat of New Entrants
        13.2.4    Degree of Rivalry
        13.2.5    Threat of Substitutes
    13.3    Key Indicators for Demand
    13.4    Key Indicators for Price
14    Value Chain Analysis
15    Trade Data Analysis (HS Code - 0902)

    15.1    Major Importing Countries
        15.1.1    By Volume
        15.1.2    By Value
    15.2    Major Exporting Countries
        15.2.1    By Volume
        15.2.2    By Value
16    Price Analysis
17    Manufacturing Process

    17.1    Detailed Process Flow
    17.2    Operations Involved
    17.3    Mass Balance
18    Project Details, Requirements and Costs Involved
    18.1    Land Requirements and Expenditures
    18.2    Construction Requirements and Expenditures
    18.3    Plant Machinery
    18.4    Raw Material Requirements and Expenditures
    18.5    Packaging Requirements and Expenditures
    18.6    Transportation Requirements and Expenditures
    18.7    Utility Requirements and Expenditures
    18.8    Manpower Requirements and Expenditures
    18.9    Other Capital Investments
19    Loans and Financial Assistance
20    Project Economics

    20.1    Capital Cost of the Project
    20.2    Techno-Economic Parameters
    20.3    Product Pricing and Margins Across Various Levels of the Supply Chain
    20.4    Taxation and Depreciation
    20.5    Income Projections
    20.6    Expenditure Projections
    20.7    Financial Analysis
    20.8    Profit Analysis
21    Competitive Landscape
    21.1    Market Structure
    21.2    Company Profiles
        21.2.1    Britannia Industries Ltd.
            21.2.1.1    Company Overview
            21.2.1.2    Product Portfolio
            21.2.1.3    Demographic Reach and Achievements
            21.2.1.4    Certifications
        21.2.2    Parle Products Pvt. Ltd.
            21.2.2.1    Company Overview
            21.2.2.2    Product Portfolio
            21.2.2.3    Demographic Reach and Achievements
            21.2.2.4    Certifications
        21.2.3    Surya Food & Agro Ltd.
            21.2.3.1    Company Overview
            21.2.3.2    Product Portfolio
            21.2.3.3    Demographic Reach and Achievements
            21.2.3.4    Certifications
        21.2.4    ITC Limited
            21.2.4.1    Company Overview
            21.2.4.2    Product Portfolio
            21.2.4.3    Demographic Reach and Achievements
            21.2.4.4    Certifications
        21.2.5    Anmol Industries Ltd.
            21.2.5.1    Company Overview
            21.2.5.2    Product Portfolio
            21.2.5.3    Demographic Reach and Achievements
            21.2.5.4    Certifications
        21.2.6    Jubilant FoodWorks Limited
            21.2.6.1    Company Overview
            21.2.6.2    Product Portfolio
            21.2.6.3    Demographic Reach and Achievements
            21.2.6.4    Certifications
        21.2.7    Ravi Foods Pvt. Ltd.
            21.2.7.1    Company Overview
            21.2.7.2    Product Portfolio
            21.2.7.3    Demographic Reach and Achievements
            21.2.7.4    Certifications
        21.2.8    Mondelez International, Inc
            21.2.8.1    Company Overview
            21.2.8.2    Product Portfolio
            21.2.8.3    Demographic Reach and Achievements
            21.2.8.4    Certifications
        21.2.9    Mrs Bectors Food Specialities Ltd.
            21.2.9.1    Company Overview
            21.2.9.2    Product Portfolio
            21.2.9.3    Demographic Reach and Achievements
            21.2.9.4    Certifications
        21.2.10    Patanjali Ayurved Limited,
            21.2.10.1    Company Overview
            21.2.10.2    Product Portfolio
            21.2.10.3    Demographic Reach and Achievements
            21.2.10.4    Certifications
        21.2.11    Others
22    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Bakery Market: Key Industry Highlights, 2018 and 2032
2.    Indian Bakery Market: Key Industry Highlights, 2018 and 2032
3.    Indian Bakery Historical Market: Breakup by Type (USD Billion), 2018-2023
4.    Indian Bakery Market Forecast: Breakup by Type (USD Billion), 2024-2032
5.    Indian Bakery Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
6.    Indian Bakery Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
7.    Indian Bakery Historical Market: Breakup by Region (USD Billion), 2018-2023
8.    Indian Bakery Market Forecast: Breakup by Region (USD Billion), 2024-2032
9.    Major Importing Countries by Volume
10.    Major Exporting Countries by Volume
11.    Major Importing Countries by Value
12.    Major Exporting Countries by Value
13.    Indian Bakery Market Structure

Key Questions Answered in the Report

The Indian bakery market reached a value of USD 11.07 billion in 2023.

The market is projected to grow at a CAGR of nearly 9.5% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 25.16 billion by 2032.

The major drivers of the market include rising disposable incomes, increasing population, rising demand for biscuits and cookies, the growing use of online platforms, thriving consumer demand for new and healthy food options, and the rapid advancement in technology.

The rising penetration of bakery chains and the launch of healthy products in the bakery segment is likely to be a key trend guiding the growth of the market.

North India, East and Central India, South India, and West India are the leading regions in the market.

Biscuit segment is the dominant type of the product in the market.

The leading distribution channels include convenience stores, supermarkets and hypermarkets, independent retailers, artisanal bakeries, and online, among others.

The leading players in the market are Britannia Industries Ltd., Parle Products Pvt. Ltd., Surya Food & Agro Ltd., ITC Limited, Anmol Industries Ltd., Jubilant FoodWorks Limited, Ravi Foods Pvt. Ltd., Mondelez International, Inc, Mrs Bectors Food Specialities Ltd., and Patanjali Ayurved Limited, among others.

Analyst Review

The Indian bakery market attained a value of USD 11.07 billion in 2023 driven by the increased consumption of biscuits and cookies. Aided by the increase in the female working population, as well as the introduction of healthy products in the bakery segment, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 9.5%. The market is projected to reach USD 25.16 billion by 2032.

 

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its distribution channel, the Indian bakery market can be segmented into convenience stores, supermarkets and hypermarkets, independent retailers, artisanal bakeries, and online, among others. By types, the biscuits segment leads the industry. The major regional markets for bakery are North India, East and Central India, South India, and West India. The key players in the above industry include Britannia Industries Ltd., Parle Products Pvt. Ltd., Surya Food & Agro Ltd., ITC Limited, Anmol Industries Ltd., Jubilant FoodWorks Limited, Ravi Foods Pvt. Ltd., Mondelez International, Inc, Mrs Bectors Food Specialities Ltd., and Patanjali Ayurved Limited, 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.

Purchase Full Report

Mini Report

$ 2199     $1799
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

$ 3199     $2999
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update
most popular

Five User License

$ 4199     $3999
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Corporate License

$ 5199     $4999
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

NEWSLETTER