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Report
Global Bakery Products Market Report and Forecast 2023-2028
Market Report I 2023-03-21 I 137 Pages I EMR Inc.
Global Bakery Products Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global bakery products market attained a value of USD 480.95 billion in 2022. Aided by the increasing demand for convenience food items and the growing trend of on-the-go consumption, the market is projected to further grow at a CAGR of 6.9% between 2023 and 2028 to reach a value of USD 715.39 billion by 2028.
Bakery products comprise a wide variety of food items such as bread, pastries, cakes, cookies, and other baked goods. Bakery products are generally characterised by their taste, texture, and nutritional content, making them popular among consumers worldwide. The growth of the global bakery products market is primarily driven by the increasing demand for convenience food items. The rise in disposable incomes has further fuelled the demand for bakery products as consumers are more willing to spend on convenience foods. Another factor propelling the growth of the bakery products market is the rising trend of on-the-go consumption. As consumers increasingly seek food options that can be consumed quickly and easily while on the move, bakery products such as sandwiches, wraps, and pastries have gained significant popularity. This trend has prompted manufacturers to develop innovative bakery products that cater to the needs of on-the-go consumers.
The expanding retail sector and the increasing penetration of organised retail channels, including supermarkets, hypermarkets, and convenience stores, have also played a crucial role in driving the growth of the bakery products market. These retail channels offer a wide variety of bakery products in attractive packaging, making it convenient for consumers to choose and purchase their preferred products. The growing health consciousness among consumers has led to the development of healthier bakery products, such as those made from whole grains, fortified with vitamins and minerals, or containing reduced sugar and fat content. This has resulted in a wider range of bakery products that cater to different consumer preferences and dietary requirements, further boosting the market growth.
Additionally, the growing demand for bakery products in emerging economies, fuelled by rapid urbanisation and the increasing influence of Western food culture, is contributing to the growth of the bakery products market. This has prompted global bakery product manufacturers to expand their presence in these regions, catering to the evolving tastes and preferences of consumers. The increasing adoption of advanced bakery equipment and technologies, such as 3D food printing and automation, is expected to further propel the growth of the bakery products market. These technologies enable manufacturers to produce bakery products with enhanced precision, efficiency, and customisation, thereby catering to the diverse needs of consumers.
Market Segmentation?
The market can be divided on the basis of product, distribution channel, and region.
Market Segmentation by Product:
- Biscuits
o Breakup by Type
- Cookies
- Cream Biscuits
- Glucose Biscuits
- Marie Biscuits
- Non-Salt Cracker Biscuits
- Salt Cracker Biscuits
- Milk Biscuits
- Others
- Breads and Rolls
o Breakup by Type
- Artisanal Bakeries
- In-Store Bakeries
- Packaged
- Cakes and Pastries
o Breakup by Type
- Artisanal Bakeries
- In-Store Bakeries
- Packaged
- Rusks
- Others
Market Division by Distribution Channel:
- Convenience Stores
- Supermarkets and Hypermarkets
- Independent Retailers
- Artisanal Bakeries
- Online Stores
- Others
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global bakery product companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Mondelez International, Inc.
- Associated British Foods Plc
- Nestle S.A.
- Britannia Industries Limited
- Grupo Bimbo, S.A.B. de C.V.
- Finsbury Food Group Plc
- Others
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*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Bakery Products Market Analysis
8.1 Key Industry Highlights
8.2 Global Bakery Products Historical Market (2018-2022)
8.3 Global Bakery Products Market Forecast (2023-2028)
8.4 Global Bakery Products Market by Product
8.4.1 Biscuits
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.1.4 Breakup by Type
8.4.1.4.1 Cookies
8.4.1.4.2 Cream Biscuits
8.4.1.4.3 Glucose Biscuits
8.4.1.4.4 Marie Biscuits
8.4.1.4.5 Non-Salt Cracker Biscuits
8.4.1.4.6 Salt Cracker Biscuits
8.4.1.4.7 Milk Biscuits
8.4.1.4.8 Others
8.4.2 Bread and Rolls
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.2.4 Breakup by Type
8.4.2.4.1 Artisanal Bakeries
8.4.2.4.2 In-Store Bakeries
8.4.2.4.3 Packaged
8.4.3 Cakes and Pastries
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.3.4 Breakup by Type
8.4.3.4.1 Artisanal Bakeries
8.4.3.4.2 In-Store Bakeries
8.4.3.4.3 Packaged
8.4.4 Rusks
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Bakery Products Market by Distribution Channel
8.5.1 Convenience Stores
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Supermarkets and Hypermarkets
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Independent Retailers
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Artisanal Bakeries
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Online Stores
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Bakery Products Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Iran
9.5.3.6 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter's Five Forces Analysis
10.2.1 Supplier's Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Manufacturing Process
12.1 Bread
12.1.1 Detailed Process Flow
12.1.2 Operations Involved
12.1.3 Mass Balance
12.2 Biscuits
12.2.1 Detailed Process Flow
12.2.2 Operations Involved
12.2.3 Mass Balance
13 Project Details, Requirements, and Costs Involved
13.1 Land Requirements and Expenditure
13.2 Construction Requirements and Expenditure
13.3 Plant Machinery
13.4 Raw Material Requirements and Expenditure
13.5 Packaging Requirements and Expenditure
13.6 Transportation Requirements and Expenditure
13.7 Utilities Requirements and Expenditure
13.8 Manpower Requirements and Expenditure
13.9 Other Capital Investment
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margin Across the Various Levels of the Supply Chain
15.4 Income Projections
15.5 Expenditure Projections
15.6 Taxation and Depreciation
15.7 Financial Analysis
15.8 Profit Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players' Market Share
16.3 Company Profiles
16.3.1 Mondelez International, Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Demographic Reach and Achievements
16.3.1.4 Financial Summary
16.3.1.5 Certifications
16.3.2 Associated British Foods Plc
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Demographic Reach and Achievements
16.3.2.4 Financial Summary
16.3.2.5 Certifications
16.3.3 Nestle S.A.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Demographic Reach and Achievements
16.3.3.4 Financial Summary
16.3.3.5 Certifications
16.3.4 Britannia Industries Limited
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Demographic Reach and Achievements
16.3.4.4 Financial Summary
16.3.4.5 Certifications
16.3.5 Grupo Bimbo, S.A.B. de C.V.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Demographic Reach and Achievements
16.3.5.4 Financial Summary
16.3.5.5 Certifications
16.3.6 Finsbury Food Group Plc
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Demographic Reach and Achievements
16.3.6.4 Financial Summary
16.3.6.5 Certifications
16.3.7 Others
17 Industry Events and Developments
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