Global Bakery Market Growth (Status and Outlook) 2023-2029

Global Bakery Market Growth (Status and Outlook) 2023-2029

A bakery is an establishment that produces and sells flour-based food baked in an oven such as bread, cookies, cakes, pastries, and pies. Some retail bakeries are also cafés, serving coffee and tea to customers who wish to consume the baked goods on the premises.

LPI (LP Information)' newest research report, the “Bakery Industry Forecast” looks at past sales and reviews total world Bakery sales in 2022, providing a comprehensive analysis by region and market sector of projected Bakery sales for 2023 through 2029. With Bakery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Bakery industry.

This Insight Report provides a comprehensive analysis of the global Bakery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Bakery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bakery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bakery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Bakery.

The global Bakery market size is projected to grow from US$ 63660 million in 2022 to US$ 76160 million in 2029; it is expected to grow at a CAGR of 2.6% from 2023 to 2029.

The increasing demand for bakery drives the market. Availability of foods at reasonable prices, variety of products, rapid urbanization, hectic lifestyles, health benefits and the convenience of baked products are key factors contributing to the growth of market. Increasing preference for bread, rolls, cakes and pastries, pies, cookies, crackers, pretzels and tortillas is expected to augment demand over the forecast period. Europe dominates the global bakery market and is expected to be the highest revenue contributor until the end of 2020. The European bakery industry is a traditional one with many established bakers and bakery chains that follow traditional artisanal practices and also align with modern-day requirements.

This report presents a comprehensive overview, market shares, and growth opportunities of Bakery market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Bread and Rolls
Cakes and Pastries
Cookies
Others

Segmentation by application
Hyper Markets
Super Markets
Convenience Stores
Departmental Stores
Specialty Stores
Online Purchase

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Bahlsen
Allied Bakeries
Barilla Holding Societa per Azioni
Bakers Delight
Britannia Industries
Dunkin' Donuts
Bruegger's Enterprises
Einstein Noah Restaurant Group
Flowers Foods
Nestlé
Mondelez International
Finsbury Food Group

Please note: The report will take approximately 2 business days to prepare and deliver.