Bakery Products Market Share, Size, Value, Growth, Trends and Global Industry Analysis 2022-2027 – Instant Interview


According to the latest report from the IMARC group, entitled Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global bakery products market reached a value of US$478.4 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$612.4 billion by 2027 , with a CAGR of 4.0% in 2022-2027.

Baked goods refer to baked foods that are prepared by cooking them in the presence of dry heat in hot ashes or in an oven. They include bread, cookies, rolls, cakes, cookies, cupcakes, pies, pies, buns, donuts, coffee cakes, etc. Baked goods are considered fast moving consumer goods (FMCG) and are consumed regularly in all countries. They are highly recommended for informal and formal occasions due to their palatability, appearance and easily digestible nature. Also, baked goods are widely available in hypermarkets, confectioneries, convenience stores, supermarkets, etc.

We regularly monitor the direct effect of COVID-19[feminine] in the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

Request a free sample PDF of the report:

Market Trends and Drivers:

Rising consumption of processed foods and shifting consumer preferences towards convenience foods are some of the major factors driving the bakery products market. In this light, the growing demand for frozen bakery products owing to their extended shelf life is further propelling the growth of the market.

Moreover, increasing levels of urbanization and hectic lifestyles are encouraging individuals to opt for ready-to-eat and low-calorie baked goods, which is also positively influencing the global market. Apart from this, the rising popularity of baked goods that are low in carbohydrate calories and have high fiber content acts as another major factor inducing the growth.

Additionally, growing need for diverse variants, such as organic and gluten-free, is expected to drive the bakery products market in the coming years.

bakery products market Competitive analysis and segmentation 2022-2027:

Competitive landscape with key players:

The competitive landscape of the Bakery Products Market has been studied in the report with the detailed profiles of the major players operating in the market.

Some of these key players include:

  • Group Bimbo SAB de CV
  • Yamazaki Baking Co., Ltd.
  • JAB-Holding
  • Flowers Foods, Inc.
  • Rich product company
  • August Oetker Nahrungsmittel KG
  • Gruma, SAB de CV
  • GeneralMills, Inc.
  • Associated British Foods (ABF) Plc

Key Market Segmentation:

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

Breakdown by product type:

  • Biscuits
    • Cookies
    • Cream cookies
    • Glucose cookies
    • Marie cookies
    • Salt-Free Cracker Cookies
    • Salt Cracker Cookies
    • Milk Cookies
    • Others
  • Bread and rolls
    • Artisan Bakeries
    • In-store bakeries
    • Packed up
  • Cakes and pastries
    • Artisan Bakeries
    • In-store bakeries
    • Packed up
  • Rusks
    • Artisan Bakeries
    • In-store bakeries
    • Packed up

Breakdown by distribution channel:

  • convenience stores
  • Supermarkets and Hypermarkets
  • Independent retailers
  • Artisan Bakeries
  • Online stores
  • Others

Breakdown by region:

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

Ask the analyst to customize and explore the full report with table of contents and list of figures:

Main highlights of the report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Market trends
  • Market drivers and success factors
  • Impact of COVID-19
  • Value chain analysis
  • Complete mapping of the competitive landscape

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

About Us

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

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

Our offerings include comprehensive market information 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 client base, ranging from small and medium-sized businesses to Fortune 1000 companies.

Contact us:
30 N Gould St, Ste R
Sheridan, WY 82801, United States
Email: [email protected]
Americas: +1-631-791-1145 | Europe and Africa: +44-753-713-2163 | Asia: +91-120-433-0800

Source link


About Author

Comments are closed.