
Bakery Products Market Share, Size, Trends, Industry Analysis Report, By Product, By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others), And Segment Forecasts, 2023 - 2032
Description
Bakery Products Market Share, Size, Trends, Industry Analysis Report, By Product, By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others), And Segment Forecasts, 2023 - 2032
The global bakery product market size is expected to reach USD 351.61 billion by 2032, according to a new study by Polaris Market Research. The report “Bakery Products Market Share, Size, Trends, Industry Analysis Report, By Product, By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others), And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market's driving force stems primarily from the escalating demand for products, a trend fueled by the prevalent time-constrained lifestyles of consumers. As individuals lead increasingly busy lives, they seek convenient solutions for their dietary needs, leading to a noticeable surge in on-the-go food consumption. This preference for quick and easily accessible food options aligns with the demands of modern lifestyles, driving the growth of the market as manufacturers respond to this evolving consumer behavior with a diverse range of convenient, portable food choices.
The notable players within the industry are deeply engaged in the process of ongoing innovation and the introduction of fresh, distinctive flavors. This strategic approach is a direct response to the robust competition that characterizes the industry landscape. As companies strive to stand out in a highly competitive environment, they consistently seek to captivate consumers' attention by offering new and exciting taste experiences.
In addition, the market is further bolstered by the substantial demand for Ready-to-Eat (RTE) foods. This demand surge is rooted in the ever-increasing prevalence of hectic and time-pressed lifestyles among consumers. As individuals grapple with busy schedules, the appeal of convenient and quickly accessible food options becomes increasingly apparent. This inclination towards RTE foods as a practical solution aligns seamlessly with the fast-paced nature of contemporary life, thus contributing significantly to the overall growth of the market.
Numerous manufacturers within the bakery product industry are adopting a strategic approach known as backward integration. This tactical move involves expanding its operations to encompass aspects of the supply chain that were previously outsourced. By doing so, manufacturers aim not only to ensure but also elevate the quality of their products. Backward integration provides greater control over the sourcing of raw materials and the manufacturing process, enabling manufacturers to maintain strict quality standards and achieve consistent product excellence.
As consumer awareness of nutritional needs and dietary preferences continues to evolve, bakery products have adapted to cater to these changing demands. Whether it's the creation of gluten-free options, high-fiber selections, or products designed to accommodate specific allergens, the bakery industry has displayed a remarkable capacity to align with a wide array of dietary needs.
Bakery Product Market Report Highlights
Bread & rolls held the largest share, owing to new innovative production methods, while maintaining its authenticity
Specialty stores lead with health-focused products, driven by innovation and poised for significant industry growth.
Asia Pacific will grow rapidly, owing to the presence of a huge young population with high disposable income
The key market players include Kraft Food Group, Nestle, Bimbo Bakeries, Britannia Industries, General Mills, Associated British Foods, and Campbell Soup
Polaris Market Research has segmented the bakery product market report based on product, distribution channel, and region:
Bakery Product, Product Outlook (Revenue - USD Billion, 2023 - 2032)
Bread & Rolls
Loaves
Baguettes
Rolls
Burger Buns
Sandwich Slices
Ciabatta
Frozen Bread
Others
Cakes & Pastries
Cupcakes
Dessert Cakes
Sponge Cakes
Pastries
Cookies
Bar Cookies
Molded Cookies
Rolled Cookies
Drop Cookies
Others
Tortillas
Pretzels
Others
Bakery Product, Distribution Channel Outlook (Revenue - USD Billion, 2023 - 2032)
Hypermarkets & Supermarkets
Convenience Stores
Specialty Stores
Others
Bakery Product, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Table of Contents
118 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Distribution Channels
- 3.2.1. Primary Distribution Channels
- 3.2.2. Secondary Distribution Channels
- 4. Global Bakery Products Market Insights
- 4.1. Bakery Products Market – Industry Snapshot
- 4.2. Bakery Products Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rising ready-to-eat food demand due to busy lifestyles
- 4.2.1.2. Growing health-conscious consumer choices favoring artisanal products
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Health-conscious consumers seek lower-calorie alternatives
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTLE Analysis
- 4.5. Bakery Products Industry trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Bakery Products Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Bakery Products, by Product, 2019-2032 (USD Billion)
- 5.3. Bread & Rolls
- 5.3.1. Global Bakery Products Market, by Bread & Rolls, by Region, 2019-2032 (USD Billion)
- 5.3.2. Loaves
- 5.3.2.1. Global Bakery Products Market, by Loaves, by Region, 2019-2032 (USD Billion)
- 5.3.3. Baguettes
- 5.3.3.1. Global Bakery Products Market, by Baguettes, by Region, 2019-2032 (USD Billion)
- 5.3.4. Rolls
- 5.3.4.1. Global Bakery Products Market, by Rolls, by Region, 2019-2032 (USD Billion)
- 5.3.5. Burger Buns
- 5.3.5.1. Global Bakery Products Market, by Burger Buns, by Region, 2019-2032 (USD Billion)
- 5.3.6. Sandwich Slices
- 5.3.6.1. Global Bakery Products Market, by Sandwich Slices, by Region, 2019-2032 (USD Billion)
- 5.3.7. Ciabatta
- 5.3.7.1. Global Bakery Products Market, by Ciabatta, by Region, 2019-2032 (USD Billion)
- 5.3.8. Frozen Bread
- 5.3.8.1. Global Bakery Products Market, by Frozen Bread, by Region, 2019-2032 (USD Billion)
- 5.3.9. Others
- 5.3.9.1. Global Bakery Products Market, by Others, by Region, 2019-2032 (USD Billion)
- 5.4. Cakes & Pastries
- 5.4.1. Global Bakery Products Market, by Cakes & Pastries, by Region, 2019-2032 (USD Billion)
- 5.4.2. Cupcakes
- 5.4.2.1. Global Bakery Products Market, by Cupcakes, by Region, 2019-2032 (USD Billion)
- 5.4.3. Dessert Cakes
- 5.4.3.1. Global Bakery Products Market, by Dessert Cakes, by Region, 2019-2032 (USD Billion)
- 5.4.4. Sponge Cakes
- 5.4.4.1. Global Bakery Products Market, by Sponge Cakes, by Region, 2019-2032 (USD Billion)
- 5.4.5. Pastries
- 5.4.5.1. Global Bakery Products Market, by Pastries, by Region, 2019-2032 (USD Billion)
- 5.5. Cookies
- 5.5.1. Global Bakery Products Market, by Cookies, by Region, 2019-2032 (USD Billion)
- 5.5.2. Bar Cookies
- 5.5.2.1. Global Bakery Products Market, by Bar Cookies, by Region, 2019-2032 (USD Billion)
- 5.5.3. Molded Cookies
- 5.5.3.1. Global Bakery Products Market, by Molded Cookies, by Region, 2019-2032 (USD Billion)
- 5.5.4. Rolled Cookies
- 5.5.4.1. Global Bakery Products Market, by Rolled Cookies, by Region, 2019-2032 (USD Billion)
- 5.5.5. Drop Cookies
- 5.5.5.1. Global Bakery Products Market, by Drop Cookies, by Region, 2019-2032 (USD Billion)
- 5.5.6. Others
- 5.5.6.1. Global Bakery Products Market, by Others, by Region, 2019-2032 (USD Billion)
- 5.6. Tortillas
- 5.6.1. Global Bakery Products Market, by Tortillas, by Region, 2019-2032 (USD Billion)
- 5.7. Pretzels
- 5.7.1. Global Bakery Products Market, by Pretzels, by Region, 2019-2032 (USD Billion)
- 5.8. Others
- 5.8.1. Global Bakery Products Market, by Others, by Region, 2019-2032 (USD Billion)
- 6. Global Bakery Products Market, by Power Distribution Channel
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 6.3. Hypermarkets & Supermarkets
- 6.3.1. Global Bakery Products Market, by Hypermarkets & Supermarkets, by Region, 2019-2032 (USD Billion)
- 6.4. Convenience Stores
- 6.4.1. Global Bakery Products Market, by Convenience Stores, by Region, 2019-2032 (USD Billion)
- 6.5. Specialty Stores
- 6.5.1. Global Bakery Products Market, by Specialty Stores, by Region, 2019-2032 (USD Billion)
- 6.6. Others
- 6.6.1. Global Bakery Products Market, by Others, by Region, 2019-2032 (USD Billion)
- 7. Global Bakery Products Market, by Geography
- 7.1. Key findings
- 7.2. Introduction
- 7.2.1. Bakery Products Market Assessment, By Geography, 2019-2032 (USD Billion)
- 7.3. Bakery Products Market – North America
- 7.3.1. North America: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.3.2. North America: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.3.3. Bakery Products Market – U.S.
- 7.3.3.1. U.S.: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.3.3.2. U.S.: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.3.4. Bakery Products Market – Canada
- 7.3.4.1. Canada: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.3.4.2. Canada: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4. Bakery Products Market – Europe
- 7.4.1. Europe: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.2. Europe: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.3. Bakery Products Market – UK
- 7.4.3.1. UK: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.3.2. UK: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.4. Bakery Products Market – France
- 7.4.4.1. France: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.4.2. France: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.5. Bakery Products Market – Germany
- 7.4.5.1. Germany: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.5.2. Germany: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.6. Bakery Products Market – Italy
- 7.4.6.1. Italy: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.6.2. Italy: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.7. Bakery Products Market – Spain
- 7.4.7.1. Spain: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.7.2. Spain: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.8. Bakery Products Market – Netherlands
- 7.4.8.1. Netherlands: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.8.2. Netherlands: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.4.9. Bakery Products Market – Russia
- 7.4.9.1. Russia: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.4.9.2. Russia: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5. Bakery Products Market – Asia Pacific
- 7.5.1. Asia Pacific: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.2. Asia Pacific: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.3. Bakery Products Market – China
- 7.5.3.1. China: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.3.2. China: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.4. Bakery Products Market – India
- 7.5.4.1. India: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.4.2. India: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.5. Bakery Products Market – Malaysia
- 7.5.5.1. Malaysia: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.5.2. Malaysia: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.6. Bakery Products Market – Japan
- 7.5.6.1. Japan: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.6.2. Japan: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.7. Bakery Products Market – Indonesia
- 7.5.7.1. Indonesia: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.7.2. Indonesia: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.5.8. Bakery Products Market – South Korea
- 7.5.8.1. South Korea: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.5.8.2. South Korea: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.6. Bakery Products Market – Middle East & Africa
- 7.6.1. Middle East & Africa: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.6.2. Middle East & Africa: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.6.3. Bakery Products Market – Saudi Arabia
- 7.6.3.1. Saudi Arabia: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.6.3.2. Saudi Arabia: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.6.4. Bakery Products Market – UAE
- 7.6.4.1. UAE: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.6.4.2. UAE: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.6.5. Bakery Products Market – Israel
- 7.6.5.1. Israel: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.6.5.2. Israel: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.6.6. Bakery Products Market – South Africa
- 7.6.6.1. South Africa: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.6.6.2. South Africa: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.7. Bakery Products Market – Latin America
- 7.7.1. Latin America: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.7.2. Latin America: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.7.3. Bakery Products Market – Mexico
- 7.7.3.1. Mexico: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.7.3.2. Mexico: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.7.4. Bakery Products Market – Brazil
- 7.7.4.1. Brazil: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.7.4.2. Brazil: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 7.7.5. Bakery Products Market – Argentina
- 7.7.5.1. Argentina: Bakery Products Market, by Power Distribution Channel, 2019-2032 (USD Billion)
- 7.7.5.2. Argentina: Bakery Products Market, by Product, 2019-2032 (USD Billion)
- 8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
- 9. Company Profiles
- 9.1. Associated British Foods
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
- 9.2. Bimbo Bakeries USA
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
- 9.3. Britannia Industries Ltd.
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
- 9.4. Campbell Soup Company
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
- 9.5. General Mills
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
- 9.6. Kraft Food Group, Inc.
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
- 9.7. Nestle S.A.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
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