Packaged Bakery Products Market 2024-2028
The packaged bakery products market is forecasted to grow by USD 134.5 bn during 2023-2028, accelerating at a CAGR of 5.7% during the forecast period. The report on the packaged bakery products 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 increased snacking and indulgence consumption, use of functional ingredients, and growth in demand for private-label bakery products.
Technavio's packaged bakery products market is segmented as below:
By Product
- Bread
- Cakes and pastries
- Cookies
- Crackers and pretzel
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the increasing demand for organic bakery food products as one of the prime reasons driving the packaged bakery products market growth during the next few years. Also, growing preference for gluten-free products and emergence of hybrid bakery products will lead to sizable demand in the market.
The report on the packaged bakery products market covers the following areas:
- Packaged Bakery Products Market sizing
- Packaged Bakery Products Market forecast
- Packaged Bakery Products 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 packaged bakery products market vendors that include American Baking Co., ARYZTA AG, Barilla G. e R. Fratelli Spa, BreadTalk Group Pte Ltd., Britannia Industries Ltd., Campbell Soup Co., Corporativo Bimbo SA de CV, Dr. August Oetker KG, EDEKA ZENTRALE Stiftung and Co. KG, Edwards Cake and Candy Supply, Finsbury Food Group Plc, Flowers Foods Inc., Gruma SAB de CV, McKee Foods, Mondelez International Inc., Monginis Foods Pvt. Ltd., PepsiCo Inc., The J.M Smucker Co., Tyson Foods Inc., and Yamazaki Baking Co. Ltd.. Also, the packaged bakery products 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 primary and secondary research. 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 accurate market growth.