Market Overview:
The global 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 demand for bakery products from hyper markets, super markets, convenience stores, departmental stores and online purchase channels. In terms of type, bread and rolls segment is expected to dominate the global bakery market with a share of more than 35%. This can be attributed to the rising demand for healthy and nutritious bread products across the globe. Furthermore, cakes and pastries segment is projected to grow at a highest CAGR during the forecast period owing to changing consumer preferences for sweet baked goods.
Product Definition:
The definition of a bakery is a store where bread and other baked goods are made and sold. The importance of a bakery is that it provides fresh bread, pastries, and other baked goods to the community.
Bread and Rolls:
Bread and rolls are the major products which are prepared using wheat as a main ingredient. Bread is the staple diet of many countries around the world, it is prepared in various forms and flavors across all regions. The growth factor for bread and roll market varies from region to region depending on factors such as population density, weather conditions, income levels among others.
Cakes and Pastries:
Cakes and pastries are baked products made using flour, sugar, butter or oil. The main difference between cakes and pastries is that cakes have a more substantial interior (hence the name) while pastries are flimsier. Cakes can be classified as rich tea/heavy tea, filled etc., whereas pastry includes sweet dishes like profiteroles and mille-feuilles among others.
Application Insights:
Hypermarkets and supermarkets are expected to dominate the global bakery market, with a share of 57.8% in 2017. The dominance is attributed to the large number of hypermarkets/supermarkets across various regions worldwide. For instance, as per data published by Food Research International (FRi), in 2016, U.S had around 4,000 supermarkets while France had more than 7500 convenience stores which were primarily driven by high consumer spending power and preference for on-the-go products among consumers globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region’s growth can be attributed to increasing consumption of bakery products, particularly among the working class population of countries such as China and India. Rising disposable income levels are also anticipated to fuel demand for bakery products in this region. Furthermore, expansion of retail chains including hypermarkets and supermarkets will boost product sales, thereby supporting regional market growth over the forecast period.
North America is projected to witness significant growth during the same period owing to rising consumer awareness regarding health benefits associated with specific food items coupled with growing popularity for western foods such as sandwiches, burgers, pizzas etc.
Growth Factors:
- Increasing demand for bakery products from the young population as they are considered to be healthy and nutritious.
- Rising disposable income of the consumers that has led to an increase in spending on food items, including bakery products.
- Proliferation of convenience stores and supermarkets that offer a wide variety of bakery products at competitive prices is aiding in the growth of this market.
- Growing trend among consumers towards customization of bakery products as per their taste and preference is propelling the growth of this market segmentation5) Adventurous flavors being offered by various players in the market is also attracting new customers, thereby driving the growth prospects for this industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Bakery Market Research Report
By Type
Bread and Rolls, Cakes and Pastries, Cookies, Others
By Application
Hyper Markets, Super Markets, Convenience Stores, Departmental Stores, Specialty Stores, Online Purchase
By Companies
Bahlsen, Allied Bakeries, Barilla Holding Societa per Azioni, Bakers Delight, Britannia Industries, Dunkin' Donuts, Bruegger's Enterprises, Einstein Noah Restaurant Group, Flowers Foods, Nestlé, Mondelez International, Finsbury Food Group
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Bakery Market Report Segments:
The global Bakery market is segmented on the basis of:
Types
Bread and Rolls, Cakes and Pastries, Cookies, 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
Hyper Markets, Super Markets, Convenience Stores, Departmental Stores, Specialty Stores, Online Purchase
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:
- Bahlsen
- Allied Bakeries
- Barilla Holding Societa per Azioni
- Bakers Delight
- Britannia Industries
- Dunkin' Donuts
- Bruegger's Enterprises
- Einstein Noah Restaurant Group
- Flowers Foods
- Nestlé
- Mondelez International
- Finsbury Food Group
Highlights of The 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:
- Bread and Rolls
- Cakes and Pastries
- Cookies
- Others
- By Application:
- Hyper Markets
- Super Markets
- Convenience Stores
- Departmental Stores
- Specialty Stores
- Online Purchase
- 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 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?
Bakery is a trade or business that produces bread, cakes, pastries and other baked goods.
Some of the key players operating in the bakery market are Bahlsen, Allied Bakeries, Barilla Holding Societa per Azioni, Bakers Delight, Britannia Industries, Dunkin' Donuts, Bruegger's Enterprises, Einstein Noah Restaurant Group, Flowers Foods, NestlƒÂ©, Mondelez International, Finsbury Food Group.
The bakery market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bakery 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 Bakery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bakery 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 Bakery 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 Bakery Market Size & Forecast, 2018-2028
4.5.1 Bakery Market Size and Y-o-Y Growth
4.5.2 Bakery Market Absolute $ Opportunity
Chapter 5 Global Bakery 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 Bakery Market Size Forecast by Type
5.2.1 Bread and Rolls
5.2.2 Cakes and Pastries
5.2.3 Cookies
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bakery 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 Bakery Market Size Forecast by Applications
6.2.1 Hyper Markets
6.2.2 Super Markets
6.2.3 Convenience Stores
6.2.4 Departmental Stores
6.2.5 Specialty Stores
6.2.6 Online Purchase
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bakery 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 Bakery 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 Bakery Analysis and Forecast
9.1 Introduction
9.2 North America Bakery 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 Bakery Market Size Forecast by Type
9.6.1 Bread and Rolls
9.6.2 Cakes and Pastries
9.6.3 Cookies
9.6.4 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 Bakery Market Size Forecast by Applications
9.10.1 Hyper Markets
9.10.2 Super Markets
9.10.3 Convenience Stores
9.10.4 Departmental Stores
9.10.5 Specialty Stores
9.10.6 Online Purchase
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 Bakery Analysis and Forecast
10.1 Introduction
10.2 Europe Bakery 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 Bakery Market Size Forecast by Type
10.6.1 Bread and Rolls
10.6.2 Cakes and Pastries
10.6.3 Cookies
10.6.4 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 Bakery Market Size Forecast by Applications
10.10.1 Hyper Markets
10.10.2 Super Markets
10.10.3 Convenience Stores
10.10.4 Departmental Stores
10.10.5 Specialty Stores
10.10.6 Online Purchase
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 Bakery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bakery 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 Bakery Market Size Forecast by Type
11.6.1 Bread and Rolls
11.6.2 Cakes and Pastries
11.6.3 Cookies
11.6.4 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 Bakery Market Size Forecast by Applications
11.10.1 Hyper Markets
11.10.2 Super Markets
11.10.3 Convenience Stores
11.10.4 Departmental Stores
11.10.5 Specialty Stores
11.10.6 Online Purchase
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 Bakery Analysis and Forecast
12.1 Introduction
12.2 Latin America Bakery 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 Bakery Market Size Forecast by Type
12.6.1 Bread and Rolls
12.6.2 Cakes and Pastries
12.6.3 Cookies
12.6.4 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 Bakery Market Size Forecast by Applications
12.10.1 Hyper Markets
12.10.2 Super Markets
12.10.3 Convenience Stores
12.10.4 Departmental Stores
12.10.5 Specialty Stores
12.10.6 Online Purchase
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) Bakery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bakery 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) Bakery Market Size Forecast by Type
13.6.1 Bread and Rolls
13.6.2 Cakes and Pastries
13.6.3 Cookies
13.6.4 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) Bakery Market Size Forecast by Applications
13.10.1 Hyper Markets
13.10.2 Super Markets
13.10.3 Convenience Stores
13.10.4 Departmental Stores
13.10.5 Specialty Stores
13.10.6 Online Purchase
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 Bakery Market: Competitive Dashboard
14.2 Global Bakery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bahlsen
14.3.2 Allied Bakeries
14.3.3 Barilla Holding Societa per Azioni
14.3.4 Bakers Delight
14.3.5 Britannia Industries
14.3.6 Dunkin' Donuts
14.3.7 Bruegger's Enterprises
14.3.8 Einstein Noah Restaurant Group
14.3.9 Flowers Foods
14.3.10 Nestlé
14.3.11 Mondelez International
14.3.12 Finsbury Food Group
