Bakery Products Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028)

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Bakery Products Market by Product Type (Cake, Breads, Pastries, Doughnuts, Biscuits, Others), by form (Fresh, Frozen, Others) By Distribution Channel (Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others), and Geography

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Report

Description

The bakery products market is estimated to be valued at USD 241.7 billion in 2021 and is poised to grow at a CAGR of 3.0% over 2022-2028. Bakery items are cooked in an oven, on hot stones, or in hot ashes in the presence of dry heat. Bread, cookies, rolls, cakes, biscuits, cupcakes, tarts, pies, sweet rolls, doughnuts, coffeecakes, and refrigerated bakery items are among the bakery products available. Change in lifestyle coupled with grow in women working population, rise in demand for packaged food products, and increase in disposable income are anticipated to boost the growth of market. Moreover, launch of newer products such as low-glycaemic foods, gluten-free products, and natural organically grown products constantly increased further drive the market over the forecasting period.

Recent Market Developments:

In March 2021, Mmmly launched plant-based reimagined cookie. these cookies comprise clean ingredient such as prebiotic fibers, root vegetables fruits and healthy fats that fuel the brain support gut health and over all wellbeing.

In September 2020, Nestle signed a partnership contract with down food to launch KitKat muffins in Europe and Middle East countries.

Bakery Products Market

MARKET SUMMARY
-
3.0% CAGR
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 3.0%
  • Largest Market– Asia-Pacific
  • Fastest Growing Market– Europe

Bakery Products Market

  • The bakery products market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • The bakery products market is segmented based on product type, by form, by distribution channel and geography.
Key Players
  • Associated British Foods Plc
  • Mondelez International
  • Bakers Delight Holdings Limited
  • Finsbury Food Group Plc
  • Grupo Bimbo
Bakery Products Market

Dynamics

Increase in the demand for low-calorie food products and launch of newer products by the market players is anticipated to burgeon the growth of market over the forecast years. For instance., in April 2022, Carbonaut launched three new low-carb bread products Gluten-free bagels, “U.F. Oat” sliced bread and gluten-free pizza crust to its line of keto certified baked foods. Moreover, bakery products with low glycemic index or bread made from whole grain with high-fiber ingredients, such as oats and bran are preferred due to increase in diabetes prevalence among middle and geriatrics population also immense boost to the market over the forecast timeframe.


Europe Got Significant Share

Bakery Products Market

The Bakery Product market in Europe is expected to hold the highest share in 2021 and it is expected to grow at a significant rate in the coming years is due to well-established supply chain, wide product range, grow in working women population, and rise in disposable income across the Europe. Gluten-free, whole grain, ancient grain, and additive-free items are becoming increasingly popular among Europe's traditional morning foods. Asia Pacific expected to create lucrative opportunities over the forecast years owing to rapid growth in population in China and India coupled with increase in the demand for processed food products due to rise in working population in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The bakery products report provides granular level information about market size, regional market share, historic market (2017-2021) and forecast (2022-2028).
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market.
  • The report provides plethora of information about market entry strategies.
Bakery Products Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content

1. Executive Summary
2. Global Bakery Product Market Introduction
2.1. Global Bakery Product Market – Taxonomy
2.2. Global Bakery Product Market –Definitions
2.2.1. By Product Type
2.2.2. By Claim
2.2.3. By Form
3. Global Bakery Product Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Bakery Product Market Dynamic Factors – Impact Analysis
3.6. Global Bakery Product Market – Competition Landscape
4. Global Bakery Product Market Analysis,2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Bakery Product Market, By Product Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
5.1. Cake
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Breads
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Pastries
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Doughnuts
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
5.5. Biscuits
5.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.5.3. Market Opportunity Analysis
5.6. Others
5.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.6.3. Market Opportunity Analysis
6. Global Bakery Product Market Forecast, By Claim, 2017 – 2021 and Forecast, 2020 – 2026 (Revenue, USD Mn) 
6.1. Gluten Free
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Organic
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Sugar free
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Low-Calories
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Bakery Product Market Forecast, By Form, 2017 – 2021 and Forecast, 2020 – 2026 (Revenue, USD Mn) 
7.1. Fresh
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Frozen
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Others
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Bakery Product Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
8.1. North America
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Europe
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Asia-Pacific
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Latin America
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Middle East and Africa
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Global Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Region, 2022 – 2028
9. North America Bakery ProductMarketAnalysis,2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
9.1.1. Cake
9.1.2. Breads
9.1.3. Pastries
9.1.4. Doughnuts
9.1.5. Biscuits
9.1.6. Others
9.2. Claim Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Gluten Free
9.2.2. Organic
9.2.3. Sugar free
9.2.4. Low-Calories
9.2.5. Others
9.3. Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.3.1. Fresh
9.3.2. Frozen
9.3.3. Others
9.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.4.1. USA
9.4.2. Canada
9.5. North America Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Country, 2022 – 2028
9.6. North America Bakery Product Market Dynamics – Trends
10. Europe Bakery Product Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
10.1.1. Cake
10.1.2. Breads
10.1.3. Pastries
10.1.4. Doughnuts
10.1.5. Biscuits
10.1.6. Others
10.2. Claim Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Gluten Free
10.2.2. Organic
10.2.3. Sugar free
10.2.4. Low-Calories
10.2.5. Others
10.3. Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. Fresh
10.3.2. Frozen
10.3.3. Others
10.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.4.1. Germany
10.4.2. UK
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Russia
10.4.7. Poland
10.4.8. Rest of Europe
10.5. Europe Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Country,2022 – 2028
10.6. Europe Bakery Product Market Dynamics – Trends
11. Asia-Pacific Bakery Product Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
11.1.1. Cake
11.1.2. Breads
11.1.3. Pastries
11.1.4. Doughnuts
11.1.5. Biscuits
11.1.6. Others
11.2. Claim Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Gluten Free
11.2.2. Organic
11.2.3. Sugar free
11.2.4. Low-Calories
11.2.5. Others
11.3. Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Fresh
11.3.2. Frozen
11.3.3. Others
11.4. Country Analysis2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.4.1. Japan
11.4.2. China
11.4.3. India
11.4.4. ASEAN
11.4.5. Australia & New Zealand
11.4.6. Rest of Asia-Pacific
11.5. Asia-Pacific Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Country,2022 – 2028
11.6. Asia-Pacific Bakery Product Market Dynamics – Trends
12. Latin America Bakery Product Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
12.1.1. Cake
12.1.2. Breads
12.1.3. Pastries
12.1.4. Doughnuts
12.1.5. Biscuits
12.1.6. Others
12.2. Claim Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Gluten Free
12.2.2. Organic
12.2.3. Sugar free
12.2.4. Low-Calories
12.2.5. Others
12.3. Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Fresh
12.3.2. Frozen
12.3.3. Others
12.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Argentina
12.4.4. Rest of Latin America
12.5. Latin America Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Country,2022 – 2028
12.6. Latin America Bakery Product Market Dynamics – Trends
13. Middle East and Africa Bakery Product Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn) 
13.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
13.1.1. Cake
13.1.2. Breads
13.1.3. Pastries
13.1.4. Doughnuts
13.1.5. Biscuits
13.1.6. Others
13.2. Claim Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Gluten Free
13.2.2. Organic
13.2.3. Sugar free
13.2.4. Low-Calories
13.2.5. Others
13.3. Form Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Fresh
13.3.2. Frozen
13.3.3. Others
13.4. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.4.1. Gulf Cooperation Council (GCC) Countries
13.4.2. Israel
13.4.3. South Africa
13.4.4. Rest of MEA
13.5. MEA Bakery Product Market – Opportunity Analysis Index, By Product Type, By Claim, Form and Country,2022 – 2028
13.6. MEA Bakery Product Market Dynamics – Trends
14. Competition Landscape 
14.1. Strategic Dashboard of Top Market Players
14.2. Company Profiles (Introduction, Financial Analysis, Claim& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
14.2.1. Allied Bakeries Ltd.
14.2.2. Bahlsen Gmbh & Co.
14.2.3. Barilla Holding
14.2.4. Britannia Industries Ltd.
14.2.5. Finsbury Food Group Plc
14.2.6. Grupo Bimbo S.A.B. DE C.V.
14.2.7. Hostess Brands, Inc.
14.2.8. Kellogg Co.
14.2.9. Mcdonalds Corp.
14.2.10. United Biscuits (UK) Ltd
14.2.11. 2 Sisters Food Group
15. Research Methodology
16. Key Assumptions and Acronyms

Report

Company Profile

  • Allied Bakeries Ltd.
  • Bahlsen Gmbh & Co.
  • Barilla Holding
  • Britannia Industries Ltd.
  • Finsbury Food Group Plc
  • Grupo Bimbo S.A.B. DE C.V.
  • Hostess Brands, Inc.
  • Kellogg Co.
  • Mcdonalds Corp.
  • United Biscuits (UK) Ltd

Description

The bakery products market is estimated to be valued at USD 241.7 billion in 2021 and is poised to grow at a CAGR of 3.0% over 2022-2028. Bakery items are cooked in an oven, on hot stones, or in hot ashes in the presence of dry heat. Bread, cookies, rolls, cakes, biscuits, cupcakes, tarts, pies, sweet rolls, doughnuts, coffeecakes, and refrigerated bakery items are among the bakery products available. Change in lifestyle coupled with grow in women working population, rise in demand for packaged food products, and increase in disposable income are anticipated to boost the growth of market. Moreover, launch of newer products such as low-glycaemic foods, gluten-free products, and natural organically grown products constantly increased further drive the market over the forecasting period.

Recent Market Developments:

In March 2021, Mmmly launched plant-based reimagined cookie. these cookies comprise clean ingredient such as prebiotic fibers, root vegetables fruits and healthy fats that fuel the brain support gut health and over all wellbeing.

In September 2020, Nestle signed a partnership contract with down food to launch KitKat muffins in Europe and Middle East countries.

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