Market Overview:
The global baked foods market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, growing urbanization and changing lifestyles, and increasing disposable income. In terms of type, the cakes & pastries segment is expected to lead the market during the forecast period, followed by bread & rolls and donuts segments. The food service application segment is expected to lead the global baked foods market during the forecast period, followed by food retail application segment.
Product Definition:
Baked foods are food items that have been cooked in an oven. The importance of baked foods is that they can be cooked at a high temperature, which kills bacteria and makes them safe to eat.
Cakes & Pastries:
Cakes & pastries are baked products made using flour, milk, water, oil or fat with the addition of flavoring agents and other ingredients. Cakes can be classified as rich bakery products such as Victoria sandwich bread and poor bakery products such as biscuits. Pastries are generally sweet in nature but some savory variants also exist.
Bread & Rolls:
Bread & Rolls is a category of food products which includes fresh or frozen bread and various types of rolls. Bread & rolls are majorly used in the bakery industry for making various baked foods such as pastries, pies, tarts, etc. The growing demand for processed food across the world has been driving the market over the years and this trend is expected to continue over the forecast period.
Application Insights:
The food service application segment led the global baked foods market in 2017. The growth can be attributed to an increase in the number of cafes, restaurants and hotels at a global level. Moreover, rising spending power of consumers is also expected to have a positive impact on the segment growth over the forecast period.
Food retail is projected to be one of the fastest-growing segments during the forecast period owing to increasing consumer preference for home-baked products as they are healthier than those made using processed or fast foods. Furthermore, retailers are also trying innovative ways such as launching their own brand by baking fresh daily breads and rolls which attract consumers¢â‚¬â„¢ attention towards them resulting in increased sales for retailers across all regions globally.
Bakery products including breads.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high consumption of baked foods across countries, such as Germany, U.K., France and Italy. Moreover, these foods are considered an essential part of the diet in many European countries due to their high fiber content and low saturated fat content. Thus, demand for bakery products is expected to remain strong in this region over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets during the forecast years on account of increasing awareness regarding healthy eating habits among consumers from China and India especially after gaining independence from Britain in 1947 AD.
Growth Factors:
- Increasing demand for convenience foods: The growth of the baked foods market is largely attributed to the increasing demand for convenience foods. This can be attributed to the hectic lifestyles of consumers, who are looking for convenient and easy-to-prepare food options.
- Rising disposable incomes: Another key factor driving the growth of the baked foods market is rising disposable incomes, which has enabled consumers to afford premium and branded products.
- Growing awareness about healthy eating: There is a growing awareness among consumers about the importance of healthy eating, which has led them to shift towards healthier alternatives such as baked goods made from whole grains and other natural ingredients.
- Proliferation of specialty bakeries: A major trend in the baked goods market is the proliferation of specialty bakeries, which offer unique flavors and varieties that are not available at traditional supermarkets or grocery stores. This has helped fuel consumer interest in baking at home as well as increased demand for artisanal breads and pastries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Baked Foods Market Research Report
By Type
Cakes & Pastries, Bread & Rolls, Donuts, Biscuits, Others
By Application
Food Service, Food Retail
By Companies
Grupo Bimbo, Finsbury Food Group, Flowers Foods, Hostess Brands, McKee Foods, Yamazaki Baking, Aryzta, BreadTalk, George Weston, Hillshire Brands, Grupo Bimbo, Pepperidge Farm
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Baked Foods Market Report Segments:
The global Baked Foods market is segmented on the basis of:
Types
Cakes & Pastries, Bread & Rolls, Donuts, Biscuits, Others
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
Food Service, Food Retail
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:
- Grupo Bimbo
- Finsbury Food Group
- Flowers Foods
- Hostess Brands
- McKee Foods
- Yamazaki Baking
- Aryzta
- BreadTalk
- George Weston
- Hillshire Brands
- Grupo Bimbo
- Pepperidge Farm
Highlights of The Baked Foods 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:
- Cakes & Pastries
- Bread & Rolls
- Donuts
- Biscuits
- Others
- By Application:
- Food Service
- Food Retail
- 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 Baked Foods 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?
Baked foods are typically cooked in an oven or stovetop. These foods are usually prepped and then baked until they reach a desired temperature.
Some of the major companies in the baked foods market are Grupo Bimbo, Finsbury Food Group, Flowers Foods, Hostess Brands, McKee Foods, Yamazaki Baking, Aryzta, BreadTalk, George Weston, Hillshire Brands, Grupo Bimbo, Pepperidge Farm.
The baked foods market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Baked Foods Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Baked Foods Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Baked Foods Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Baked Foods Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Baked Foods Market Size & Forecast, 2020-2028
4.5.1 Baked Foods Market Size and Y-o-Y Growth
4.5.2 Baked Foods Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cakes & Pastries
5.2.2 Bread & Rolls
5.2.3 Donuts
5.2.4 Biscuits
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food Service
6.2.2 Food Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Baked Foods Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Baked Foods Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cakes & Pastries
9.6.2 Bread & Rolls
9.6.3 Donuts
9.6.4 Biscuits
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food Service
9.10.2 Food Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cakes & Pastries
10.6.2 Bread & Rolls
10.6.3 Donuts
10.6.4 Biscuits
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food Service
10.10.2 Food Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cakes & Pastries
11.6.2 Bread & Rolls
11.6.3 Donuts
11.6.4 Biscuits
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food Service
11.10.2 Food Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cakes & Pastries
12.6.2 Bread & Rolls
12.6.3 Donuts
12.6.4 Biscuits
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food Service
12.10.2 Food Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cakes & Pastries
13.6.2 Bread & Rolls
13.6.3 Donuts
13.6.4 Biscuits
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food Service
13.10.2 Food Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Baked Foods Market: Competitive Dashboard
14.2 Global Baked Foods Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Grupo Bimbo
14.3.2 Finsbury Food Group
14.3.3 Flowers Foods
14.3.4 Hostess Brands
14.3.5 McKee Foods
14.3.6 Yamazaki Baking
14.3.7 Aryzta
14.3.8 BreadTalk
14.3.9 George Weston
14.3.10 Hillshire Brands
14.3.11 Grupo Bimbo
14.3.12 Pepperidge Farm
