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Global Packaged Bakery Products Market 2017-2021

Global Packaged Bakery Products Market 2017-2021

About Packaged Bakery Products

Even with the constant change in consumer consumption habits in developing economies, the global packaged bakery products market has retained its prominence. Moreover, in developed economies, brands are continuously innovating their products to prevent them from reaching a saturation stage in their product life cycle. Manufacturers are also developing healthier versions of their products, considering the growing awareness of consumers about health and wellness. This has given a whole new outlook to the current bakery market. As the demand for such products is increasing, there is a concurrent rise in the number of bakery stores and availability of bakery items. The growth is further supported by the emergence of online bakery sites that have amplified the penetration of private labels. In addition, the increasing availability of branded bakery products across the world through various retailing channels have propelled the sales of bakery products.

Technavio’s analysts forecast the global packaged bakery products market to grow at a CAGR of 4.6% during the period 2017-2021 .

Covered in this report

The report covers the present scenario and the growth prospects of the global packaged bakery products market for 2017-2021 . To calculate the market size, the report considers the retail selling price is the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Packaged Bakery Products Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Grupo Bimbo
  • Finsbury Food Group
  • Flower Foods
  • Hostess Brands
  • MCKEE FOODS
  • Yamazaki Baking
Other prominent vendors
  • American Baking Company
  • Aryzta
  • BreadTalk Group
  • Britannia
  • EDEKA-Gruppe
  • Edwards Cake & Candy Supplies
  • George Weston
  • Hillshire Brands
  • Mondelēz International
  • Monginis
  • Mulino Bianco
  • PEPPERIDGE FARM
  • PepsiCo
  • Snyder's-Lance
Market driver
  • Increased snacking and indulgence consumption
  • For a full, detailed list, view our report
Market challenge
  • Increase in in-home cooking
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for organic bakery food products
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Packaged Bakery Products Market 2017-2021

Technavio recognizes the following companies as the key players in the global packaged bakery products market: Grupo Bimbo, Finsbury Food Group, Flower Foods, Hostess Brands, MCKEE FOODS, and Yamazaki Baking.

Other Prominent Vendors in the market are: American Baking Company, Aryzta, BreadTalk Group, Britannia, EDEKA-Gruppe, Edwards Cake & Candy Supplies, George Weston, Hillshire Brands, Mondelēz International, Monginis, Mulino Bianco, PEPPERIDGE FARM, PepsiCo, and Snyder's-Lance.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for organic bakery food products. The bakery industry is witnessing a growing consumer preference for healthy ingredients owing to their benefits. Organic baking products and ingredients, such as aluminum-free baking powder, gluten-free flours, and organic baking flours are becoming popular among consumers as they perceive that completely natural ingredients are safer and healthier for consumption than artificial ingredients. Such organic baked goods are more expensive than conventional goods because of the higher cost of manufacturing and raw materials. Moreover, the growing popularity of the overall organic segment will support the growth of the organic packaged bakery products segment due to the increased demand from health-conscious consumers.”

According to the report, one of the major drivers for this market is Increased snacking and indulgence consumption. There has been a notable change in the consumption pattern and food preference among consumers. Most consumers are trading their routine meals for snacks. Also, there has been a rise of nearly 41.39% in the number of consumers who prefer healthy and tasty snacks in the past 10 years. Similarly, the consumption of bakery products, such as bread, rolls, pies, and other similar products in breakfast, has also increased primarily due to hectic lifestyles and urbanization, where consumers often skip their meals and consume such on-the-go food instead. Bread is a versatile product that can be modified easily and consumed as tasty and healthy snacks. Apart from sandwiches, various snacks, such as French toast, bruschetta, puddings, garlic bread, bread salad, and breakfast toasts, can be prepared using bread. The nutritional level can be increased by using different kinds of bread such as multi-grain, whole wheat, and brown bread.

Further, the report states that one of the major factors hindering the growth of this market is Increase in in-home cooking. The growing popularity of cookery shows and online forums and channels have greatly promoted in-home preparation and consumption of cakes and baked goods, which has hampered the growth of the packaged bakery food market. Television shows, such as The Great British Bake Off and MasterChef, encourage people to bake. For instance, the UK home baking market was worth $2.4 billion in 2015 and increased by about 59% between 2007 and 2012 owing to the resurgence of interest in baking at home. Many consumers, especially millennials, are inspired by such cookery shows and engage in experimenting and preparing customized products. Moreover, the demand for in-home cooking is promoted by rising demand for ready-to-eat meals and foods. Thus, there has been an increase in the number of launches that serve the purpose of instant baking, such as instant cake mix powder.

Companies Mentioned

Grupo Bimbo, Finsbury Food Group, Flower Foods, Hostess Brands, MCKEE FOODS, Yamazaki Baking, American Baking Company, Aryzta, BreadTalk Group, Britannia, EDEKA-Gruppe, Edwards Cake & Candy Supplies, George Weston, Hillshire Brands, Mondelēz International, Monginis, Mulino Bianco, PEPPERIDGE FARM, PepsiCo, and Snyder's-Lance.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market: Global packaged food market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global packaged bakery products market 2016-2021 ($ billions)
      • Table Global packaged bakery products market- Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Table Five forces analysis 2021
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by product type
    • Market segmentation by product type
      • Table Segmentation of global packaged bakery products market by product type 2016-2021 (%)
    • Comparison by product type
      • Table Comparison by product
    • Global bread market
      • Table Global bread market 2016-2021 ($ billions)
      • Table Global bread market - Year-over-year growth 2017-2021 (%)
    • Global cakes and pastries market
      • Table Global cakes and pastries market 2016-2021 ($ billions)
      • Table Global cakes and pastries - Year-over-year growth 2017-2021 (%)
    • Global cookies market
      • Table Global cookies market 2016-2021 ($ billions)
      • Table Global cookies market - Year-over-year growth 2017-2021 (%)
    • Global crackers and pretzel market
      • Table Global crackers and pretzel market 2016-2021 ($ billions)
      • Table Global crackers and pretzel market - Year-over-year growth 2017-2021 (%)
    • Global doughnuts market
      • Table Global doughnuts market 2016-2021 ($ billions)
      • Table Global doughnuts market - Year-over-year growth 2017-2021 (%)
    • Global other bakery products market
      • Table Global other bakery products market 2016-2021 ($ billions)
      • Table Global other bakery product market - Year-over-year growth 2017-2021 (%)
    • Market opportunity by product type
      • Table Market opportunity by product type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global packaged bakery products market - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Bakery products market in EMEA
      • Table EMEA - Market size and forecast 2016-2021 ($ billions)
      • Table EMEA - Year-over-year growth 2017-2021 (%)
    • Bakery products market in Americas
      • Table Americas - Market size and forecast 2016-2021 ($ billions)
      • Table Americas - Year-over-year growth 2017-2021 (%)
    • Bakery products market in APAC
      • Table APAC - Market size and forecast 2016-2021 ($ billions)
      • Table APAC - Year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • US - Market size and forecast 2016-2021
      • Table US - Market size and forecast 2016-2021 ($ billions)
      • Table US - Year-over-year growth 2017-2021 (%)
    • Italy - Market size and forecast 2016-2021
      • Table Italy - Market size and forecast 2016-2021 ($ billions)
      • Table Italy - Year-over-year growth 2017-2021 (%)
    • UK - Market size and forecast 2016-2021
      • Table UK - Market size and forecast 2016-2021 ($ billions)
      • Table UK - Year-over-year growth 2017-2021 (%)
    • Germany - Market size and forecast 2016-2021
      • Table Germany - Market size and forecast 2016-2021 ($ billions)
      • Table Germany - Year-over-year growth 2017-2021 (%)
    • China - Market size and forecast 2016-2021
      • Table China - Market size and forecast 2016-2021 ($ billions)
      • Table China - Year-over-year growth 2017-2021 (%)
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing demand for organic bakery food products
    • Growing preference for gluten-free products
    • Emergence of hybrid bakery products
  • Vendor landscape
    • Competitive scenario
      • Table Key competitors: Benchmarking
  • Vendor analysis
    • Grupo Bimbo
      • Table Grupo Bimbo: Brands
    • Finsbury Food Group
      • Table Finsbury Food Group: Brands
    • Flowers Foods
      • Table Flowers Foods: Brands and products
    • Hostess Brands
      • Table Hostess Brands: Products
    • MCKEE FOODS
      • Table MCKEE FOODS: Products
    • Yamazaki Baking
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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