Global Bakery Products Market Size study, By Product (Bread & Rolls, Cakes & Pastries, Cookies, Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others), and Regional Forecasts 2022-2028
Global Bakery Products Market is valued at approximately USDXX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Bakery Products are baked food products including bread, biscuits, cakes & pastries, cookies, etc., which are made up of flour or meal as a principal ingredient. The rise in demand for convenience food products, the growth of the retail industry, coupled with the surging demand for frozen bakery products are the key factors driving the market demand across the globe. For instance, as per Statista analysis, the convenience food sector is estimated to generate revenue of around USD 562.20 billion in 2022 and is projected to grow with a CAGR of 6.21%. Accordingly, the growing preference for convenience food products is creating a lucrative demand for convenience food products, which is accelerating the market growth in the impending years. However, health concerns associated with bakery products and volatility in the prices of the raw materials impede the growth of the market over the forecast period of 2022-2028. Also, the rising disposable income and introduction of innovative bakery products are anticipated to act as catalyzing factors for the market demand during the forecast period.
The key regions considered for the global Bakery Products Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe is the leading region across the world in terms of market share owing to the high demand for baked products including gluten-free, trans-fat, high-fiber products, along with surge in demand for convenience food products. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing disposable income, as well as presence of high target population, would create lucrative growth prospects for the Bakery Products Market across the Asia-Pacific region.
Major market players included in this report are:
Kraft Food Group, Inc.
Nestle S.A
Bimbo Bakeries USA
Britannia Industries Ltd.
General Mills
Associated British Foods
Campbell Soup Company
Grupo Bimbo, S.A.B. de C.V.
Finsbury Food Group Plc
Honeyrose Bakery Ltd.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Bread & Rolls
Cakes & Pastries
Cookies
Others
By Distribution Channel:
Hypermarkets & Supermarkets
Convenience Stores
Specialty Stores
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Bakery Products Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Kraft Food Group, Inc.
Nestle S.A
Bimbo Bakeries USA
Britannia Industries Ltd.
General Mills
Associated British Foods
Campbell Soup Company
Grupo Bimbo, S.A.B. de C.V.
Finsbury Food Group Plc
Honeyrose Bakery Ltd.
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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