According to the latest report by IMARC Group, titled “Bakery Products Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global bakery products market size reached US$ 478.4 Billion in 2021. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 4.0% during 2022-2027.

Bakery products include a variety of baked goods that are prepared in an oven. Some of the most common grain-based baked products include cakes, bread, pies, donuts, cookies and pastries. They are generally characterized by a sweet or savory taste and fluffy texture. They are prepared using numerous ingredients, such as grain-based flour, water, salt, sugar, flavoring agents and leavening agents. They are easy to consume and convenient to store for an extended period of time. As a result, they are widely gaining prominence among consumers across the globe.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/bakery-products-market/requestsample

Global Bakery Products Market Trends:

The market is primarily driven by the escalating sales of convenience foods across the globe. With the inflating disposable income levels of the masses and their shifting dietary preferences, there has been a significant rise in the demand for processed and packaged baked foods, which is providing a thrust to the market growth. Moreover, there has been a growing preference towards the adoption of clean label and organic baked goods among consumers. Coupled with the easy availability of vegan and fortified bakery products across numerous online and offline organized retail channels, this is creating a positive outlook for the market. This is further supported by the growing health consciousness among the masses who are incorporating foods with low trans-fat content in their regular diets. Apart from this, the increasing deployment of robotics technology with the bakery processing equipment and significant growth in the food and beverages sector across the globe are also contributing to the market growth. 

Bakery Products Market 2022-2027 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

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=750&flag=C

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

Key highlights of the report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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.

Contact Us:

IMARC Group

30 N Gould St Ste R

Sheridan, WY 82801 USA – Wyoming

Email: [email protected]

Tel No:(D) +91 120 433 0800

Americas: – +1 631 791 1145 | Africa and Europe: – +44-702-409-7331 | Asia: +91-120-433-0800