Global Bread and Bakery Products Market
Global Bread and Bakery Products Market was valued at US$ 410,506.00 Mn in 2021, estimated to reach US$ 734,650.00 Mn in 2027, with a CAGR of 48.69%.
Baking is defined as the oldest form of cooking. Baking is the transformation of dough which is made of flour, milk, and other ingredients like sugar, fats, egg, and other additives in food with unique taste and odor. The bakery products have an extensive portfolio, including bread, rolls, cakes, cookies, cupcakes, tarts, pies, sweet rolls, coffeecakes, and refrigerated bakery products.
Market Drivers
Rising Need for Readily Available Food Products to Sustain Market. Consumers are spending less time planning and cooking meals at home as a result of changing lifestyles because they feel it to be a tedious task that requires a lot of time and effort. Convenience food consumption is rising as consumers hunt for products that will help them maximize their time by doing the things they value most.
The use of frozen baked goods is also increasing worldwide. Frozen foods are thought of as practical because they don't demand much effort to make them edible. Simple microwave or oven heating will make baked products ready. As a result, it is projected that the expanding demand for convenience meals would drive the growth of the global bakery products market throughout the research period. Rising living standards have caused significant changes in people's diet and lifestyle patterns. They thus prefer low-calorie, prepared foods like bakery goods. Several key manufacturers have been further inspired by this to introduce whole-wheat or multigrain baked items with low trans-fat concentrations. The demand for bakery goods has surged as a result, especially among consumers who are health conscious.
Market Restraints
In general, frozen bakery products are more costly than fresh bakery items. Due to the more expensive production and storage procedure, manufacturers of frozen bakery products are charging exorbitant prices for their goods compared to fresh bakery products. Furthermore, these are not the only products offered on the international market.
Bread is the product that people consume the most when they visit a bakery. However, its use is declining in affluent nations due to growing concerns over weight gain and rising gluten consumption. Furthermore, the bulk of baked goods are made with refined flour, which excessive consumption has been linked to a variety of issues, including obesity. Therefore, in order to address these concerns, manufacturers invest money in research and development to produce innovative products made with whole grains.
Market Segmentation
The Global Bread and Bakery Products Market is segmented into product such as Bread & Rolls (Loaves, Baguettes, Rolls, Burger Buns, Sandwich Slices, Ciabatta, Frozen Bread, Others), Cookies (Bar Cookies, Molded Cookies, Rolled Cookies, Drop Cookie, Cream Biscuits, Glucose Biscuits, Marie Biscuits, Non-Salt Cracker Biscuits, Salt Cracker Biscuits, Milk Biscuits, Others), Cakes & Pastries (Cupcakes, Dessert Cakes, Sponge Cakes, Pastries), Tortillas, Pretzels, Others. by distribution channel market Is segmented into Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others.
Key Players
Grupo Bimbo S.A.B de C.V., JAB Holding Company, Yamazaki Baking Co., Ltd., ARYZTA AG, Flowers Foods, Inc., Rich Products Corporation, Gruma, S.A.B. de C.V., Dr. August Oetker Nahrungsmittel KG, General Mills, Inc., Associated British Foods (ABF) Plc, etc.
Market Taxonomy
By Product
By Distribution Channel
By Region
Global Bread and Bakery Products Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Bread and Bakery Products Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Bread and Bakery Products Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Bread and Bakery Products Market Share Analysis, By Product
5.3 Global Bread and Bakery Products Market Size and Forecast, By Product
5.3.1. Bread & Rolls
5.3.2. Cookies
5.3.3. Cakes & Pastries
5.3.4. Tortillas
5.3.5. Pretzels
5.3.6. Others
6 Global Bread and Bakery Products Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Bread and Bakery Products Market Share Analysis, By Distribution Channel
6.3 Global Bread and Bakery Products Market Size and Forecast, By Distribution Channel
6.3.1 Hypermarkets & Supermarkets
6.3.2. Convenience Stores
6.3.3. Specialty Stores
6.3.4. Others
7 Global Bread and Bakery Products Market, By Region
7.1 Global Bread and Bakery Products Market Share Analysis, By Region
7.2 Global Bread and Bakery Products Market Share Analysis, By Region
7.3 Global Bread and Bakery Products Market Size and Forecast, By Region
8 North America Bread and Bakery Products Market Analysis and Forecast (2022-2027)
8.1 Introduction
8.2 North America Bread and Bakery Products Market Share Analysis, By Product
8.3 North America Bread and Bakery Products Market Size and Forecast, By Distribution Channel
8.5 North America Bread and Bakery Products Market Size and Forecast, By Country
8.5.1 U.S.
8.5.2 Canada
8.5.3 Mexico
9 Europe Bread and Bakery Products Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 Europe Bread and Bakery Products Market Share Analysis, By Product
9.3 Europe Bread and Bakery Products Market Size and Forecast, By Distribution Channel
9.5 Europe Bread and Bakery Products Market Size and Forecast, By Country
9.5.1 Germany
9.5.2 France
9.5.3 UK
9.54. Rest of Europe
10 Asia Pacific Bread and Bakery Products Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Asia Pacific Bread and Bakery Products Market Share Analysis, By Product
10.3 Asia Pacific Bread and Bakery Products Market Size and Forecast, By Distribution Channel
10.5 Asia Pacific Bread and Bakery Products Market Size and Forecast, By Country
10.5.1 China
10.5.2 Japan
10.5.3 India
10.5.4. Rest of Asia Pacific
11 Latin America Bread and Bakery Products Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Latin America Bread and Bakery Products Market Share Analysis, By Product
11.3 Latin America Bread and Bakery Products Market Size and Forecast, By Distribution Channel
11.5 Latin America Bread and Bakery Products Market Size and Forecast, Country
11.5.1. Brazil
11.5.2. Rest of Latin America
12 Middle East Bread and Bakery Products Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Middle East Bread and Bakery Products Market Share Analysis, By Product
12.3 Middle East Bread and Bakery Products Market Size and Forecast, By Distribution Channel
12.5 Middle East Bread and Bakery Products Market Size and Forecast, By Country
12.65.1. Saudi Arabia
12.5.2. UAE
12.5.3. Egypt
15.5.4. Kuwait
12.5.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Grupo Bimbo S.A.B de C.V
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. JAB Holding Company
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Yamazaki Baking Co., Ltd
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 ARYZTA AG
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Flowers Foods, Inc
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Rich Products Corporation
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Gruma, S.A.B. de C.V.
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.7 Key Strategies
14.8 Dr. August Oetker Nahrungsmittel KG
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.8 Key Strategies
14.9 General Mills, Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.9 Key Strategies
14.10 Associated British Foods (ABF) Plc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.10 Key Strategies