Bakery Products Market Share, Growth Rate, Demand, Industry Trends, SWOT Analysis and Forecast 2023-2028

According to the latest report by IMARC Group, titled “Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global bakery products market size reached US$ 497.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 625.9 Billion by 2028, exhibiting a growth rate (CAGR) of 3.7% during 2023-2028.

Bakery products represent baked goods that are generally prepared by using dry heat in an oven, hot stones, or ashes. They are also made by utilizing several ingredients, such as grain-based flour, water, leavening agents, etc. Some of the commonly consumed bakery products include pies, muffins, donuts, cakes, bread, cookies, bagels, biscuits, pastries, rolls, macrons, brownies, etc. They usually have a savory or sweet taste and fluffy texture. These products are easy to consume and store for an extended period. In addition to this, they are considered fast-moving consumer goods (FMCG). As such, bakery products are extensively utilized for both formal and informal occasions.

Get a Free Sample Copy of this Report: https://www.imarcgroup.com/bakery-products-market/requestsample

Bakery Products Market Growth and Development:

The escalating demand for convenience food items and the changing dietary patterns are primarily driving the bakery products market. Additionally, the growing number of artisanal bakery shops and patisseries is further catalyzing the market growth. Besides this, the increasing consumer inclination towards processed, packaged, and ready-to-eat baked products, owing to the inflating disposable income levels of individuals and improving living standards, is acting as another significant growth-inducing factor. Moreover, the widespread adoption of clean-label, organic, and fortified bakery goods, the expanding food and beverage (F&B) industry, and the emerging trend of healthy snacking are positively influencing the global market. Apart from this, the rising integration of robotics technology with bakery processing equipment is also bolstering the bakery products market growth. Furthermore, the introduction of gluten-free, vegan, lactose-free, and high-fiber product variants that are made by using premium-quality ingredients is anticipated to fuel the bakery products market over the forecasted period.


Bakery Products Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

  • Grupo Bimbo S.A.B de C.V.
  • Yamazaki Baking Co., Ltd.
  • JAB Holding Company
  • ARYZTA AG
  • Flowers Foods, Inc.
  • Rich Products Corporation
  • Dr. August Oetker Nahrungsmittel KG
  • Gruma, S.A.B. de C.V.
  • General Mills, Inc.
  • Associated British Foods (ABF) Plc

Key Market Segmentation:

The report has segmented the global bakery products market on the basis of product type, distribution channel and region.

Breakup by Product Type:

  • Biscuits
  • Cookies
  • Cream Biscuits
  • Glucose Biscuits
  • Marie Biscuits
  • Non-Salt Cracker Biscuits
  • Salt Cracker Biscuits
  • Milk Biscuits
  • Others
  • Bread and Rolls
  • Artisanal Bakeries
  • In-Store Bakeries
  • Packaged
  • Cakes and Pastries
  • Artisanal Bakeries
  • In-Store Bakeries
  • Packaged
  • Rusks
  • Artisanal Bakeries
  • In-Store Bakeries
  • Packaged

Breakup by Distribution Channel:                        

  • Convenience Stores
  • Supermarkets and Hypermarkets
  • Independent Retailers
  • Artisanal Bakeries
  • Online Stores
  • Others

Regional Insights:

  • Asia-Pacific
  • Europe
  • North America
  • Middle East and Africa
  • Latin America

Get in Touch with our Expert Team for Inquire or further information: https://www.imarcgroup.com/request?type=report&id=750&flag=C

This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

Popular posts from this blog

GCC LED Lighting Market Size, Trends, Growth, Forecast & Industry Report 2024-2032

Image
According to IMARC Group, the GCC led lighting market share reached us$ 876.9 million in 2023 . Looking forward, Imarc group expects the market to reach us$ 2,174.9 million by 2032, exhibiting a growth rate (CAGR) of 10.3% during 2024-2032. The report has segmented the market by product type (panel lights, down lights, street lights, and others), application (residential, commercial, industrial, and others), import and domestic manufacturing (imports, domestic manufacturing), public and private sectors (public sector, private sector), outdoor and indoor application (indoor, outdoor), and region. Request to Get the Sample Report: https://www.imarcgroup.com/gcc-led-lighting-market/requestsample What is the LED Lighting Market ? Light Emitting Diode (LED) lighting has emerged as a transformative technology in the field of illumination, revolutionizing the lighting solutions are perceived and utilized. LEDs are semiconductor devices that emit light when an electrical current passes...
Read more

Blood Group Typing Market Size, Key Facts, Dynamics, Segments and Forecast Report 2023-2028

Image
  The new report by Expert Market Research titled, ‘Global  Blood Group Typing Market Size , Trend, Growth, Analysis, Report and Forecast 2023-2028’, gives an in-depth analysis of the global blood group typing market. It assesses the market based on its segments like offerings, techniques, test types, end-uses, and major regions. Get a Free Sample Report with Table of Contents@   https://www.expertmarketresearch.com/reports/blood-group-typing-market/requestsample The key highlights of the report include: Market Overview 2018-2028 • Historical Market Size (2021):  USD 2 billion • Forecast CAGR (2023-2028):  9.10% • Forecast Market Size (2027):  USD 3.37 billion The market for blood group typing is being driven by the increasing prevalence of chronic diseases, along with the rising demand for blood from various end-users such as hospitals and clinics, research institutes, and blood banks, among others. The increasing number of emergencies and road accidents t...
Read more

Global Civil Engineering Market Size to Grow at a CAGR of 5.2% in the Forecast Period of 2023-2028

Image
The ‘Global   Civil Engineering Market Growth , Size, Share, Trend, Analysis, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global civil engineering market, assessing the market on the basis of its segments like services, applications, customers, and major regions. The report studies the latest updates in the market, along with their impact across the market. It is also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models. Civil Engineering Market Share, Size, Industry Report, Key Player, Major Segments, and Forecast The key highlights of the report include: Market Overview (2018-2028) • Forecast CAGR (2023-2028):  5.2% Civil engineering provides efficient and reliable assistance in building large structures, ensures environmental safety, facilitates coordination with transportation to manage traffic, and enables the understa...
Read more