Bread & Bakery Products Market size is estimated to be USD 150 Billion in 2024 and is expected to reach USD 210 Billion by 2033 at a CAGR of 4.5% from 2026 to 2033.
The global Bread & Bakery Products Market was valued at approximately USD 480 billion in 2022 and is projected to grow at a CAGR of 4.2% from 2023 to 2030. The demand for bakery products, including bread, cakes, pastries, and cookies, has been driven by increasing consumer preference for convenient, ready to eat food options, particularly among working professionals and urban populations. The bread segment holds the largest share in the bakery market due to its widespread consumption across various regions. Additionally, the increasing focus on health conscious bakery products, such as gluten free, whole wheat, and low carb options, has contributed to market expansion, particularly in developed regions like North America and Europe. The rise in disposable income and changing consumer lifestyles are also pivotal factors propelling the demand for premium bakery products worldwide.
Regionally, Europe dominates the Bread & Bakery Products Market, accounting for a significant share in 2022, valued at around USD 160 billion, followed by North America with a market size of approximately USD 120 billion. These regions are characterized by high consumption rates and the presence of a large number of bakeries and retail chains. The Asia Pacific region, however, is expected to witness the highest growth during the forecast period, with a projected CAGR of 5.6%. The increasing urbanization, rapid economic growth, and evolving consumer preferences in countries like China and India are anticipated to drive the demand for bakery products in this region. Latin America and the Middle East & Africa are also expected to contribute to market growth, albeit at a slower pace compared to Asia Pacific and North America.
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Nestlé
Bahlsen
Allied Bakeries
Barilla Holding
Bakers Delight
Britannia Industries
Dunkin' Donuts
Bruegger's Enterprises
Einstein Noah Restaurant Group
Flowers Foods
Mondelez International
Finsbury Food Group
Tingyi cayman Islands Holding
Guanshengyuan Group
Want Want China Holdings Limited
DaoXiangCun
Qingyuan Foods Group
Panpan Foods Group
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Bread & Bakery Products Market
Breads
Cakes and Pastries
Cookies and Biscuits
Other Bakery Products
Supermarkets and Hypermarkets
Convenience Stores
Online Retail
Specialty Stores
Fresh Bakery Products
Packaged Bakery Products
Wheat-based
Gluten-free
Others
Individual Consumers
Foodservice Industry
Retailers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Bread & Bakery Products Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Bread & Bakery Products Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Bread & Bakery Products Market, By Type
6. Global Bread & Bakery Products Market, By Application
7. Global Bread & Bakery Products Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Bread & Bakery Products Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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