Global Specialty Bakery Market 2024-2028
The specialty bakery market is forecasted to grow by USD 15.87 bn during 2023-2028, accelerating at a CAGR of 5.29% during the forecast period. The report on the specialty 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 growing demand for functional ingredients, increasing need for free-from food, and increased indulgence consumption.
Technavio's specialty bakery market is segmented as below:By Distribution ChannelOffline
Online
By ApplicationSpecialty bread
Specialty cakes and pastries
Specialty cookies
Specialty crackers and pretzels
Others
By GeographyNorth America
Europe
APAC
South America
Middle East and Africa
This study identifies the increasing demand for organic and gluten-free bakery products as one of the prime reasons driving the specialty bakery market growth during the next few years. Also, increasing the online presence of specialty bakery vendors and growth in demand for private-label bakery will lead to sizable demand in the market.
The report on the specialty bakery market covers the following areas:Specialty bakery market sizing
Specialty bakery market forecast
Specialty 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 specialty bakery market vendors that include Aryzta AG, Associated British Foods Plc, Britannia Industries Ltd., Conagra Brands Inc., Dawn Food Products Inc., EUROPASTRY SA, Flowers Foods Inc., Corporativo Bimbo SA de CV, Harry Brot GmbH, Hostess Brands Inc., IL GERMOGLIO FOOD SRL, Krispy Kreme Inc., Lantmannen Unibake International, Maple Donuts Inc., McKee Foods, Puratos Group NV, Raisio plc, Rich Products Corp., UAB Mantinga Group, and Yamazaki Baking Co. Ltd.. Also, the specialty 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.