The global market for Bakery Products is estimated at US$536.4 Billion in 2023 and is projected to reach US$734.5 Billion by 2030, growing at a CAGR of 4.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the bakery products market is driven by several factors. Increasing health awareness among consumers has spurred demand for nutritious and functional baked goods, including whole grain, high-fiber, and protein-enriched products. The expanding middle class in emerging markets has led to higher disposable incomes, boosting the consumption of premium and convenience bakery products. Urbanization and busy lifestyles have accelerated the demand for ready-to-eat and on-the-go bakery items, further supported by the proliferation of bakery cafes and quick-service restaurants. Additionally, the trend towards personalized and customizable products has driven innovation, with bakeries offering tailored options to meet specific dietary needs and preferences. Sustainability initiatives, such as the use of organic ingredients and eco-friendly packaging, resonate with environmentally conscious consumers, fostering brand loyalty and repeat purchases. Furthermore, seasonal and limited-edition offerings generate excitement and attract new customers, while collaborations between bakeries and food delivery services expand market reach. These factors collectively contribute to the dynamic and expanding landscape of the bakery products market, ensuring its continued growth and evolution.
The growth in the bakery products market is driven by several factors. Increasing health awareness among consumers has spurred demand for nutritious and functional baked goods, including whole grain, high-fiber, and protein-enriched products. The expanding middle class in emerging markets has led to higher disposable incomes, boosting the consumption of premium and convenience bakery products. Urbanization and busy lifestyles have accelerated the demand for ready-to-eat and on-the-go bakery items, further supported by the proliferation of bakery cafes and quick-service restaurants. Additionally, the trend towards personalized and customizable products has driven innovation, with bakeries offering tailored options to meet specific dietary needs and preferences. Sustainability initiatives, such as the use of organic ingredients and eco-friendly packaging, resonate with environmentally conscious consumers, fostering brand loyalty and repeat purchases. Furthermore, seasonal and limited-edition offerings generate excitement and attract new customers, while collaborations between bakeries and food delivery services expand market reach. These factors collectively contribute to the dynamic and expanding landscape of the bakery products market, ensuring its continued growth and evolution.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Biscuits segment, which is expected to reach US$424.9 Billion by 2030 with a CAGR of a 5.4%. The Bread & Rolls segment is also set to grow at 4.0% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $141.4 Billion in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $162.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Bakery Products Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Bakery Products Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Bakery Products Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Allied Bakeries, Arnott`s Biscuits Limited, Aryzta AG, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 249 Featured):
- Allied Bakeries
- Arnott`s Biscuits Limited
- Aryzta AG
- Associated British Foods plc
- BAB Systems, Inc.
- Bahlsen GmbH & Co. KG
- Bakers Delight
- Barilla G. & R. Fratelli SpA
- Bimbo Bakeries USA
- BreadTalk Group Limited
- Britannia Industries Ltd.
- Bruegger`s Enterprises, Inc.
- Campbell Soup Company
- Canada Bread Company Limited
- Dunkin` Donuts
- Einstein Noah Restaurant Group, Inc.
- Finsbury Food Group
- Flowers Foods, Inc.
- Frank Roberts & Sons Ltd.
- George Weston Foods Ltd.
- Goodman Fielder Pty Ltd.
- Grupo Bimbo, S.A.B. de C.V.
- Harry-Brot GmbH
- Hostess Brands Inc.
- Hovis Ltd.
- JAB Holding Company
- Kellogg Company
- La Brea Bakery
- Lantmännen Unibake
- Lieken AG
- McDonald`s Corporation
- McKee Foods Corporation
- Mondelez International
- Nestlé SA
- Parle Products Pvt. Ltd.
- Pepperidge Farm, Inc.
- Savor Street Foods
- Strauss Group Ltd.
- Tasty Baking Company
- The Great Canadian Bagel, Ltd.
- Tyson Foods, Inc.
- Warburtons, Ltd.
- Yamazaki Baking Co., Ltd.
- Yildiz Holding A.S.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
- Allied Bakeries
- Arnott`s Biscuits Limited
- Aryzta AG
- Associated British Foods plc
- BAB Systems, Inc.
- Bahlsen GmbH & Co. KG
- Bakers Delight
- Barilla G. & R. Fratelli SpA
- Bimbo Bakeries USA
- BreadTalk Group Limited
- Britannia Industries Ltd.
- Bruegger`s Enterprises, Inc.
- Campbell Soup Company
- Canada Bread Company Limited
- Dunkin` Donuts
- Einstein Noah Restaurant Group, Inc.
- Finsbury Food Group
- Flowers Foods, Inc.
- Frank Roberts & Sons Ltd.
- George Weston Foods Ltd.
- Goodman Fielder Pty Ltd.
- Grupo Bimbo, S.A.B. de C.V.
- Harry-Brot GmbH
- Hostess Brands Inc.
- Hovis Ltd.
- JAB Holding Company
- Kellogg Company
- La Brea Bakery
- Lantmännen Unibake
- Lieken AG
- McDonald`s Corporation
- McKee Foods Corporation
- Mondelez International
- Nestlé SA
- Parle Products Pvt. Ltd.
- Pepperidge Farm, Inc.
- Savor Street Foods
- Strauss Group Ltd.
- Tasty Baking Company
- The Great Canadian Bagel, Ltd.
- Tyson Foods, Inc.
- Warburtons, Ltd.
- Yamazaki Baking Co., Ltd.
- Yildiz Holding A.S.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 377 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 536.4 Billion |
Forecasted Market Value ( USD | $ 734.5 Billion |
Compound Annual Growth Rate | 4.6% |
Regions Covered | Global |
No. of Companies Mentioned | 44 |