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Bakery Products Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2024
Length 150 Pages
SKU # FOB18812787

Description

Bakery Products Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Bakery Products Market

The bakery products market size was valued at USD 397.90 billion in 2020, and the market is now projected to grow from USD 416.36 billion in 2021 to USD 590.54 billion by 2028, exhibiting a CAGR of 5.12% during the forecast period of 2021-2028.

The worldwide influence of COVID-19 has been incomparable and incredible with these products observing an unfavorable influence on demand through all regions between the pandemic. The governments in many countries confirmed the shutdown of many food and beverage manufacturing companies, limited transport, and border terminations. This lockdown led to the panic buying of bakery items in the early months thus storing the products.

The fast-paced standard of living upsurges the need to adopt suitable solutions in all aspects of life. Extensive working hours make it tough for consumers to spend more time cooking. Thus, a chaotic standard of living expands the intake of ready-to-eat food products such as bread, pasteries, biscotto, battercake, iced up pizza, and rusks. Furthermore, huge expenditure capacity and mounting urbanization consequences in a energetic routine also plays a dynamic role in rising the demand for suitable food.

Since the COVID-19 occurrence, health has become a topmost importance among consumers worldwide. Consumers are vigorously looking for health benefits from foods. Therefore, there is a rising interest in plant-based food and beverages. Hence, these product manufacturers are aiming on developing vegan baked goods. Technological improvements and innovation motivate unique proceeds augmenting opportunity which will upsurge the bakery products market growth.

Comprehensive Analysis of Bakery Products Market

The hemostats market can be segmented in various ways depending on the focus of study such as by type and by distribution channel. Based on the type, the market is segmented into cake, bread, pasteries, biscuits and cookies and others. By distribution channel, the market is segmented into supermarkets/hypermarkets, specialty stores, convenience stores, and others.

Asia Pacific region is dominating the bakery products market share due to the growing trend of snacking culture. Due to high intake of the product in the region customers continuously pursue improved substitutes such as bread with whole grain, high-fiber, and omega-3 content.

With the increasing health concerns major players are aiming on launching inventive and healthy baked products. The key players include Mondelez International, Inc. (Illinois, U.S.), Associated British Foods plc (London, U.K.), The Kellogg Company (Michigan, U.S.), Grupo Bimboo, S.A.B. de C.V. (Mexico City, Mexico), Yamazaki Baking Company, Ltd. (Tokyo, Japan), Campbell Soup Company (New Jersey, U.S.), Britannia Industries Limited (Bengaluru, India), General Mills, Inc. (Minnesota, U.S.), Dunkin' Donuts LLC (Massachusetts, U.S.), Flower Foods (Georgia, U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In March 2021, U.S.-based, Mmmly launched plant-based reimagined cookies. These cookies comprises clean ingredients such as prebiotic fiber, root vegetables, fruits, and healthy fats that fuel the brain support gut health and overall well-being.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2017-2028

Base Year 2020

Estimated Year 2021

Forecast Period 2021-2028

Historical Period 2017-2019

Unit Value (USD Billion)

Segmentation By Product Type

Bread

Cakes and Pastries

Biscuits and Cookies

Other Bakery Products

By Distribution Channel

Supermarkets/Hypermarkets

Specialty Stores

Convenience Stores

Others

By Geography

North America (By Product Type, Distribution Channel, and Country)

- U.S. (By Product Type)

- Canada (By Product Type)

- Mexico (By Product Type)

Europe (By Type, Distribution Channel, and Country)

- U.K. (By Product Type)

- France (By Product Type)

- Germany (By Product Type)

- Spain (By Product Type)

- Italy (By Product Type)

- Rest of Europe (By Product Type)

Asia Pacific (By Type, Distribution Channel, and Country)

- China (By Product Type)

- India (By Product Type)

- Japan (By Product Type)

- Australia (By Product Type)

- Rest of Asia Pacific (By Product Type)

South America (By Type, Distribution Channel, and Country)

- Brazil (By Product Type)

- Argentina (By Product Type)

- Rest of South America (By Product Type)

Middle East and Africa (By Type, Distribution Channel, and Country)

- South Africa (By Product Type)

- Turkey (By Product Type)

- Rest of Middle East & Africa (By Product Type)


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Table of Contents

150 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Supply Chain Analysis
4.3. Industry SWOT Analysis
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Impact of COVID on Supply Chain of Bakery Products Market
5. Global Bakery Products Market Analysis, Insights and Forecast, 2017-2028
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Product Type (Value)
5.2.1.1. Bread
5.2.1.2. Cakes and Pastries
5.2.1.3. Biscuits and Cookies
5.2.1.4. Others
5.2.2. By Distribution Channel (Value)
5.2.2.1. Supermarkets/Hypermarkets
5.2.2.2. Specialty Stores
5.2.2.3. Convenience Stores
5.2.2.4. Others
5.2.3. By Region (Value)
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. Asia Pacific
5.2.3.4. South America
5.2.3.5. Middle East & Africa
6. North America Bakery Products Market Analysis, Insights and Forecast, 2017-2028
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Product Type (Value)
6.2.1.1. Bread
6.2.1.2. Cakes and Pastries
6.2.1.3. Biscuits and Cookies
6.2.1.4. Others
6.2.2. By Distribution Channel (Value)
6.2.2.1. Supermarkets/Hypermarkets
6.2.2.2. Specialty Stores
6.2.2.3. Convenience Stores
6.2.2.4. Others
6.2.3. By Country (Value)
6.2.3.1. U.S
6.2.3.1.1. By Product Type (Value)
6.2.3.1.1.1. Bread
6.2.3.1.1.2. Cakes and Pastries
6.2.3.1.1.3. Biscuits and Cookies
6.2.3.1.1.4. Others
6.2.3.2. Canada
6.2.3.2.1. By Product Type (Value)
6.2.3.2.1.1. Bread
6.2.3.2.1.2. Cakes and Pastries
6.2.3.2.1.3. Biscuits and Cookies
6.2.3.2.1.4. Others
6.2.3.3. Mexico
6.2.3.3.1. By Product Type (Value)
6.2.3.3.1.1. Bread
6.2.3.3.1.2. Cakes and Pastries
6.2.3.3.1.3. Biscuits and Cookies
6.2.3.3.1.4. Others
7. Europe Bakery Products Market Analysis, Insights and Forecast, 2017-2028
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Product Type (Value)
7.2.1.1. Bread
7.2.1.2. Cakes and Pastries
7.2.1.3. Biscuits and Cookies
7.2.1.4. Others
7.2.2. By Distribution Channel (Value)
7.2.2.1. Supermarkets/Hypermarkets
7.2.2.2. Specialty Stores
7.2.2.3. Convenience Stores
7.2.2.4. Others
7.2.3. By Country (Value)
7.2.3.1. U.K.
7.2.3.1.1. By Product Type (Value)
7.2.3.1.1.1. Bread
7.2.3.1.1.2. Cakes and Pastries
7.2.3.1.1.3. Biscuits and Cookies
7.2.3.1.1.4. Others
7.2.3.2. France
7.2.3.2.1. By Product Type (Value)
7.2.3.2.1.1. Bread
7.2.3.2.1.2. Cakes and Pastries
7.2.3.2.1.3. Biscuits and Cookies
7.2.3.2.1.4. Others
7.2.3.3. Germany
7.2.3.3.1. By Product Type (Value)
7.2.3.3.1.1. Bread
7.2.3.3.1.2. Cakes and Pastries
7.2.3.3.1.3. Biscuits and Cookies
7.2.3.3.1.4. Others
7.2.3.4. Spain
7.2.3.4.1. By Product Type (Value)
7.2.3.4.1.1. Bread
7.2.3.4.1.2. Cakes and Pastries
7.2.3.4.1.3. Biscuits and Cookies
7.2.3.4.1.4. Others
7.2.3.5. Italy
7.2.3.5.1. By Product Type (Value)
7.2.3.5.1.1. Bread
7.2.3.5.1.2. Cakes and Pastries
7.2.3.5.1.3. Biscuits and Cookies
7.2.3.5.1.4. Others
7.2.3.6. Rest of Europe
7.2.3.6.1. By Product Type (Value)
7.2.3.6.1.1. Bread
7.2.3.6.1.2. Cakes and Pastries
7.2.3.6.1.3. Biscuits and Cookies
7.2.3.6.1.4. Others
8. Asia Pacific Bakery Products Market Analysis, Insights and Forecast, 2017-2028
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Product Type (Value)
8.2.1.1. Bread
8.2.1.2. Cakes and Pastries
8.2.1.3. Biscuits and Cookies
8.2.1.4. Others
8.2.2. By Distribution Channel (Value)
8.2.2.1. Supermarkets/Hypermarkets
8.2.2.2. Specialty Stores
8.2.2.3. Convenience Stores
8.2.2.4. Others
8.2.3. By Country (Value)
8.2.3.1. China
8.2.3.1.1. By Product Type (Value)
8.2.3.1.1.1. Bread
8.2.3.1.1.2. Cakes and Pastries
8.2.3.1.1.3. Biscuits and Cookies
8.2.3.1.1.4. Others
8.2.3.2. India
8.2.3.2.1. By Product Type (Value)
8.2.3.2.1.1. Bread
8.2.3.2.1.2. Cakes and Pastries
8.2.3.2.1.3. Biscuits and Cookies
8.2.3.2.1.4. Others
8.2.3.3. Japan
8.2.3.3.1. By Product Type (Value)
8.2.3.3.1.1. Bread
8.2.3.3.1.2. Cakes and Pastries
8.2.3.3.1.3. Biscuits and Cookies
8.2.3.3.1.4. Others
8.2.3.4. Australia
8.2.3.4.1. By Product Type (Value)
8.2.3.4.1.1. Bread
8.2.3.4.1.2. Cakes and Pastries
8.2.3.4.1.3. Biscuits and Cookies
8.2.3.4.1.4. Others
8.2.3.5. Rest of Asia Pacific
8.2.3.5.1. By Product Type (Value)
8.2.3.5.1.1. Bread
8.2.3.5.1.2. Cakes and Pastries
8.2.3.5.1.3. Biscuits and Cookies
8.2.3.5.1.4. Others
9. South America Bakery Products Market Analysis, Insights and Forecast, 2017-2028
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Product Type (Value)
9.2.1.1. Bread
9.2.1.2. Cakes and Pastries
9.2.1.3. Biscuits and Cookies
9.2.1.4. Others
9.2.2. By Distribution Channel (Value)
9.2.2.1. Supermarkets/Hypermarkets
9.2.2.2. Specialty Stores
9.2.2.3. Convenience Stores
9.2.2.4. Others
9.2.3. By Country (Value)
9.2.3.1. Brazil
9.2.3.1.1. By Product Type (Value)
9.2.3.1.1.1. Bread
9.2.3.1.1.2. Cakes and Pastries
9.2.3.1.1.3. Biscuits and Cookies
9.2.3.1.1.4. Others
9.2.3.2. Argentina
9.2.3.2.1. By Product Type (Value)
9.2.3.2.1.1. Bread
9.2.3.2.1.2. Cakes and Pastries
9.2.3.2.1.3. Biscuits and Cookies
9.2.3.2.1.4. Others
9.2.3.3. Rest of South America
9.2.3.3.1. By Product Type (Value)
9.2.3.3.1.1. Bread
9.2.3.3.1.2. Cakes and Pastries
9.2.3.3.1.3. Biscuits and Cookies
9.2.3.3.1.4. Others
10. Middle East & Africa Bakery Products Market Analysis, Insights and Forecast, 2017-2028
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Product Type (Value)
10.2.1.1. Bread
10.2.1.2. Cakes and Pastries
10.2.1.3. Biscuits and Cookies
10.2.1.4. Others
10.2.2. By Distribution Channel (Value)
10.2.2.1. Supermarkets/Hypermarkets
10.2.2.2. Specialty Stores
10.2.2.3. Convenience Stores
10.2.2.4. Others
10.2.3. By Country (Value)
10.2.3.1. South Africa
10.2.3.1.1. By Product Type (Value)
10.2.3.1.1.1. Bread
10.2.3.1.1.2. Cakes and Pastries
10.2.3.1.1.3. Biscuits and Cookies
10.2.3.1.1.4. Others
10.2.3.2. Turkey
10.2.3.2.1. By Product Type (Value)
10.2.3.2.1.1. Bread
10.2.3.2.1.2. Cakes and Pastries
10.2.3.2.1.3. Biscuits and Cookies
10.2.3.2.1.4. Others
10.2.3.3. Rest of Middle East & Africa
10.2.3.3.1. By Product Type (Value)
10.2.3.3.1.1. Bread
10.2.3.3.1.2. Cakes and Pastries
10.2.3.3.1.3. Biscuits and Cookies
10.2.3.3.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Bakery Products Market Revenue Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. Mondelez International, Inc.
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Associated British Foods plc
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. The Kellogg Company
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Grupo Bimboo S.A.B. DE C.V.
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Yamazaki Baking Company, Ltd.
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Campbell Soup Company
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Britannia Industries Limited
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. General Mills, Inc.
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Dunkin' Donuts LLC
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Flower Foods
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Strategic Recommendations
14. Appendix

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