Market Overview:
The global fortified bakery market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing awareness about the benefits of fortified bakery products, rising disposable income, and changing lifestyle trends. Based on type, the global fortified bakery market is segmented into cake, biscuits, bread, pastries and other products. Among these segments, bread is expected to witness highest growth during the forecast period owing to its high nutritional value and growing demand from health-conscious consumers. Cake segment accounted for majority share in terms of revenue in 2017 and is projected to maintain its dominance during the forecast period as well. On basis of application, specialist retailer held major share in 2017 followed by retail channel and foodservice respectively.
Product Definition:
A fortified bakery is a facility that manufactures breads, rolls, and other bakery products that have been enriched with vitamins and minerals. The addition of these nutrients makes these products more nutritious than their unenriched counterparts. Fortified bakery products are important for people who need to get more vitamins and minerals in their diet, such as pregnant women and those who are elderly or ill.
Cake:
Cake is a type of bread which has high content of carbohydrates and proteins. It contains almost all the essential amino acids, making it a complete protein source. The cake can be consumed as fresh or frozen product and can be baked in an oven, microwave or grill.
Biscuits:
Biscuits are small food products made from flour, butter, sugar and other ingredients. They are widely consumed by the bakery industry for making various types of breads such as white bread, whole wheat bread and rye bread among others. The global fortified bakery market is expected to witness significant growth over the forecast period owing to increasing demand for biscuits in this application segment.
Application Insights:
The foodservice application segment led the global fortified bakery market in 2017. The segment is driven by rising demand for nutrient-rich products that can help improve diet quality among consumers. Fortified foods are considered to be a healthy alternative as they provide essential nutrients, vitamins, and minerals in an appropriate amount. This has resulted in growing demand from health-conscious consumers who are looking for such products at restaurants and other eateries.
In addition, fortified baked goods have been gaining popularity among military personnel stationed at remote locations where fresh produce is difficult to come by due to climatic conditions or logistics issues.
Regional Analysis:
Europe dominated the global fortified bakery market in 2017, accounting for more than 30% of the total revenue share. The presence of major players and well-established distribution channels are some factors expected to drive regional growth over the forecast period. Europe is also one of the largest consumers of fortified foods, which has led to an increased demand for fortification products such as cereals, snacks & savory items.
Asia Pacific is projected to be one of fastest growing regions owing to rising consumer awareness regarding health & nutrition along with increasing per capita income levels in emerging economies such as China and India. Furthermore, improving living standards have resulted in increased spending on food products by consumers; thus driving industry growth across this region.
Growth Factors:
- Increasing demand for fortified bakery products owing to their health benefits.
- Rising awareness about the nutritional value of fortified bakery products among consumers.
- Growing trend of healthy eating among consumers, which is boosting demand for fortified bakery products.
- Proliferation of convenience stores and supermarkets, which is aiding in the growth of the fortified bakery market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fortified Bakery Market Research Report
By Type
Cake, Biscuits, Bread, Pastries, Other
By Application
Specialist Retailer, Retail Channel, Foodservice
By Companies
Associated British Foods, Irish Pride Fine Foods, Britannia Industries, Dawn Food Products, Modern Foods Enterprises, H&S Bakery, Cake & Cheesecake, CRUST, Super Bakery, Allied Bakeries, Sandwiches & Wraps
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Fortified Bakery Market Report Segments:
The global Fortified Bakery market is segmented on the basis of:
Types
Cake, Biscuits, Bread, Pastries, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialist Retailer, Retail Channel, Foodservice
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Associated British Foods
- Irish Pride Fine Foods
- Britannia Industries
- Dawn Food Products
- Modern Foods Enterprises
- H&S Bakery
- Cake & Cheesecake
- CRUST
- Super Bakery
- Allied Bakeries
- Sandwiches & Wraps
Highlights of The Fortified Bakery Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cake
- Biscuits
- Bread
- Pastries
- Other
- By Application:
- Specialist Retailer
- Retail Channel
- Foodservice
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fortified Bakery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fortified Bakery is a bakery that specializes in gluten-free and vegan baked goods.
Some of the major players in the fortified bakery market are Associated British Foods, Irish Pride Fine Foods, Britannia Industries, Dawn Food Products, Modern Foods Enterprises, H&S Bakery, Cake & Cheesecake, CRUST, Super Bakery, Allied Bakeries, Sandwiches & Wraps.
The fortified bakery market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fortified Bakery Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fortified Bakery Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fortified Bakery Market - Supply Chain
4.5. Global Fortified Bakery Market Forecast
4.5.1. Fortified Bakery Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fortified Bakery Market Size (000 Units) and Y-o-Y Growth
4.5.3. Fortified Bakery Market Absolute $ Opportunity
5. Global Fortified Bakery Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Fortified Bakery Market Size and Volume Forecast by Type
5.3.1. Cake
5.3.2. Biscuits
5.3.3. Bread
5.3.4. Pastries
5.3.5. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Fortified Bakery Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Fortified Bakery Market Size and Volume Forecast by Application
6.3.1. Specialist Retailer
6.3.2. Retail Channel
6.3.3. Foodservice
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Fortified Bakery Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Fortified Bakery Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Fortified Bakery Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Fortified Bakery Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Fortified Bakery Demand Share Forecast, 2019-2026
9. North America Fortified Bakery Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Fortified Bakery Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Fortified Bakery Market Size and Volume Forecast by Application
9.4.1. Specialist Retailer
9.4.2. Retail Channel
9.4.3. Foodservice
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Fortified Bakery Market Size and Volume Forecast by Type
9.7.1. Cake
9.7.2. Biscuits
9.7.3. Bread
9.7.4. Pastries
9.7.5. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Fortified Bakery Demand Share Forecast, 2019-2026
10. Latin America Fortified Bakery Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Fortified Bakery Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Fortified Bakery Market Size and Volume Forecast by Application
10.4.1. Specialist Retailer
10.4.2. Retail Channel
10.4.3. Foodservice
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Fortified Bakery Market Size and Volume Forecast by Type
10.7.1. Cake
10.7.2. Biscuits
10.7.3. Bread
10.7.4. Pastries
10.7.5. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Fortified Bakery Demand Share Forecast, 2019-2026
11. Europe Fortified Bakery Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Fortified Bakery Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Fortified Bakery Market Size and Volume Forecast by Application
11.4.1. Specialist Retailer
11.4.2. Retail Channel
11.4.3. Foodservice
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Fortified Bakery Market Size and Volume Forecast by Type
11.7.1. Cake
11.7.2. Biscuits
11.7.3. Bread
11.7.4. Pastries
11.7.5. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market ttractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Fortified Bakery Demand Share, 2019-2026
12. Asia Pacific Fortified Bakery Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Fortified Bakery Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Fortified Bakery Market Size and Volume Forecast by Application
12.4.1. Specialist Retailer
12.4.2. Retail Channel
12.4.3. Foodservice
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Fortified Bakery Market Size and Volume Forecast by Type
12.7.1. Cake
12.7.2. Biscuits
12.7.3. Bread
12.7.4. Pastries
12.7.5. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Fortified Bakery Demand Share, 2019-2026
13. Middle East & Africa Fortified Bakery Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Fortified Bakery Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Fortified Bakery Market Size and Volume Forecast by Application
13.4.1. Specialist Retailer
13.4.2. Retail Channel
13.4.3. Foodservice
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Fortified Bakery Market Size and Volume Forecast by Type
13.7.1. Cake
13.7.2. Biscuits
13.7.3. Bread
13.7.4. Pastries
13.7.5. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Fortified Bakery Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Fortified Bakery Market: Market Share Analysis
14.2. Fortified Bakery Distributors and Customers
14.3. Fortified Bakery Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Associated British Foods
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Irish Pride Fine Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Britannia Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dawn Food Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Modern Foods Enterprises
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. H&S Bakery
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cake & Cheesecake
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CRUST
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Super Bakery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Allied Bakeries
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sandwiches & Wraps
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
