- Cake, Breads
- Pastries
- Doughnuts
- Biscuits
- Others
Bakery Products Market size was valued at USD 241.7 billion in 2022 and growing at a significant 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.
Bakery Products Market Recent Market Key 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.
- For instance., in April 2022, Carbonaut launched three new low-carb bread products Gluten-free bagels, U.F. sliced bread and gluten-free pizza crust to its line of keto certified baked foods.
Bakery Products Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
3%
Largest Market
Europe
Fastest Growing Market
Asia Pacific
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. 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 Regional Analysis
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
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The bakery products report provides granular level information about market size, regional market share, historic market (2018-2022) and forecast (2023-2029).
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments and startups details that are actively working in the market.
- The report provides plethora of information about market entry strategies.
Bakery Products Market Segmentation
By Product Type
By Form Type
- Fresh
- Frozen
- Others
By Distribution Channel
- Hypermarkets & Supermarkets
- Convenience Stores
- Specialty Stores
- Others
Frequently Asked Questions
The key segments covered in the bakery products market are: by type , form, distribution channel
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.
| 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,2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 5.1. Cake |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2020 - 2026 (Revenue, USD Mn)Â |
| 6.1. Gluten Free |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2020 - 2026 (Revenue, USD Mn)Â |
| 7.1. Fresh |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2018 - 2022 and Forecast, 2023 - 2029 (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, 2023 - 2029 |
| 9. North America Bakery ProductMarketAnalysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 9.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029by 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, 2023 - 2029 |
| 9.6. North America Bakery Product Market Dynamics - Trends |
| 10. Europe Bakery Product Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 10.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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,2023 - 2029 |
| 10.6. Europe Bakery Product Market Dynamics - Trends |
| 11. Asia-Pacific Bakery Product Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 11.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 Analysis2018 - 2022 and Forecast 2023 - 2029 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,2023 - 2029 |
| 11.6. Asia-Pacific Bakery Product Market Dynamics - Trends |
| 12. Latin America Bakery Product Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 12.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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,2023 - 2029 |
| 12.6. Latin America Bakery Product Market Dynamics - Trends |
| 13. Middle East and Africa Bakery Product Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)Â |
| 13.1. Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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 2018 - 2022 and Forecast 2023 - 2029 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,2023 - 2029 |
| 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 |
- 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