Global Fortified Bakery Market 2024-2028
The fortified bakery market is forecasted to grow by USD 1458.6 mn during 2023-2028, accelerating at a CAGR of 5.36% during the forecast period. The report on the fortified bakery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness regarding good health, rising incidence of diseases due to vitamin and calcium deficiency, and increasing demand for instant and nutritious products.
Technavio's fortified bakery market is segmented as below:
By Application
- Cake
- Biscuits
- Bread
- Pastries
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising consumption of vitamin-infused bakery product as one of the prime reasons driving the fortified bakery market growth during the next few years. Also, growing demand for artisanal bakery products and organic bakery ingredients and increase in application profiling and new markets for existing applications will lead to sizable demand in the market.
The report on the fortified bakery market covers the following areas:
- Fortified bakery market sizing
- Fortified bakery market forecast
- Fortified bakery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fortified bakery market vendors that include Allied Bakeries , Archer Daniels Midland Co., Associated British Foods Plc, Britannia Industries Ltd., Bunge Ltd., Chelsea Milling Co., Conagra Brands Inc., CRUST- a baking co., Dawn Food Products Inc., Flowers Foods Inc., Corporativo Bimbo SA de CV, H and S Bakery Inc., Irish Pride Fine Foods, King Milling Co., Koninklijke DSM NV, Mars Inc., Modern Food Enterprises Pvt. Ltd., Nestle SA, Parle Products Pvt. Ltd., Prestige Group, Super Bakery Inc., SURYA FOOD and AGRO LTD., and The Hershey Co.. Also, the fortified bakery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.