Market Overview:
The global packaged bakery products 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 convenience foods and rising disposable income of consumers. In terms of type, bread segment is expected to dominate the global packaged bakery products market with a share of more than 30%. Doughnuts are anticipated to witness highest growth rate in terms of value during the forecast period owing to its growing popularity among millennials across the globe. Asia Pacific region is estimated to be fastest growing region in terms of revenue and is projected to register a CAGR 6% over the forecast period 2018-2030.
Product Definition:
Packaged bakery products are those that have been pre-made and sealed in a wrapper or container. They can include breads, pastries, cakes, and other sweet treats. Packaged bakery products are important because they offer convenience to consumers. They can be quickly purchased at the grocery store and don't require any additional preparation time. Additionally, packaged bakery products often have a longer shelf life than items that have not been pre-packaged.
Bread:
Bread is a staple food for the human race from an agricultural point of view. It has been recorded that wheat was first cultivated over 12000 years ago in the Fertile Crescent. The cultivation and processing technology have changed little since then, with only minor genetic modifications taking place over the millenia to increase yield and improve quality.
Cakes And Pastries:
Cakes and pastries are baked products that are made up of flour, milk, butter or oil, sugar along with flavorings and additives. Cakes contain leavening agents such as baking powder or soda and eggs while pastries contain yeast. These products can be classified into two types on the basis of size namely small cakes which include cupcakes & muffins and large cakes which include layer cakes & wedding cake among others.
Application Insights:
The other application segment includes restaurants, hotels, and institutional bakery outlets. The demand for the products in this segment is expected to witness a CAGR of XX% from 2018 to 2030 owing to rising consumer awareness regarding health benefits associated with the consumption of whole grains and low-fat sources of protein, cholesterol reduction benefits among others.
Supermarket was the largest application segment accounting for 52.3% share in 2017 due largely to increasing penetration rates coupled with growing urbanization in developing countries such as India, China, Bangladesh among others which has resulted in increased spending on food & beverages thereby supporting packaged baked goods industry growth over the forecast period.
Increasing disposable income levels coupled with growing population have resulted in an increase demand for convenience stores across various regions including North America.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast years owing to high consumption of packaged bakery products, especially among consumers in the U.S., Canada, and Mexico. Furthermore, growing health awareness among people is one of the major factors driving demand for nutritious food products that are low in calorie and fat content; this trend is projected to have a positive impact on industry growth over the coming years.
Asia Pacific has been witnessing robust economic growth over recent years due to rapid industrialization and urbanization coupled with increasing disposable income levels among consumers from various countries including China, India, Indonesia, Malaysia Philippines Singapore Thailand Vietnam etc.
Growth Factors:
- Increasing demand for convenience foods: The modern lifestyle is characterized by busy schedules and a lack of time to cook meals from scratch. This has led to an increase in demand for convenient, pre-packaged foods such as bakery products.
- Rising income levels: A growing middle class population and rising disposable incomes are driving the growth of the packaged bakery products market in developing countries.
- Urbanization: As more people move to cities, there is an increasing demand for ready-to-eat food items that can be consumed on the go. Bakery products fit this need perfectly and are thus seeing strong growth in urban areas.
- Changing demographics: The global population is aging rapidly, with the number of people over 60 years old expected to exceed 1 billion by 2030 . This trend is leading to increased demand for healthy, age-appropriate bakery products such as cookies and muffins that are low in sugar and calories .
Scope Of The Report
Report Attributes
Report Details
Report Title
Packaged Bakery Products Market Research Report
By Type
Bread, Cakes And Pastries, Cookies, Crackers And Pretzel, Doughnuts, Other
By Application
Supermarket, Convenience Store, Other
By Companies
Finsbury Food Group, Flowers Foods, Grupo Bimbo, Hostess Brands, MCKEE FOODS, Yamazaki Baking, American Baking, Aryzta, BreadTalk, Britannia, Finsbury Food Group, Edwards Cake & Candy Supplies, George Weston, Hillshire Brands
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
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Packaged Bakery Products Market Report Segments:
The global Packaged Bakery Products market is segmented on the basis of:
Types
Bread, Cakes And Pastries, Cookies, Crackers And Pretzel, Doughnuts, 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
Supermarket, Convenience Store, Other
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:
- Finsbury Food Group
- Flowers Foods
- Grupo Bimbo
- Hostess Brands
- MCKEE FOODS
- Yamazaki Baking
- American Baking
- Aryzta
- BreadTalk
- Britannia
- Finsbury Food Group
- Edwards Cake & Candy Supplies
- George Weston
- Hillshire Brands
Highlights of The Packaged Bakery Products 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
- Cakes And Pastries
- Cookies
- Crackers And Pretzel
- Doughnuts
- Other
- By Application:
- Supermarket
- Convenience Store
- Other
- 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 Packaged Bakery Products 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
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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?
Packaged bakery products are those that come in a sealed container and are meant to be eaten as-is. Packaged bakery products can include pastries, breads, cakes, cookies, and other baked goods.
Some of the major players in the packaged bakery products market are Finsbury Food Group, Flowers Foods, Grupo Bimbo, Hostess Brands, MCKEE FOODS, Yamazaki Baking, American Baking, Aryzta, BreadTalk, Britannia, Finsbury Food Group, Edwards Cake & Candy Supplies, George Weston, Hillshire Brands.
The packaged bakery products 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 Packaged Bakery Products 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 Packaged Bakery Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Packaged Bakery Products 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 Packaged Bakery Products 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 Packaged Bakery Products Market Size & Forecast, 2018-2028
4.5.1 Packaged Bakery Products Market Size and Y-o-Y Growth
4.5.2 Packaged Bakery Products Market Absolute $ Opportunity
Chapter 5 Global Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Type
5.2.1 Bread
5.2.2 Cakes And Pastries
5.2.3 Cookies
5.2.4 Crackers And Pretzel
5.2.5 Doughnuts
5.2.6 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Packaged Bakery Products 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 Packaged Bakery Products 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 Packaged Bakery Products Analysis and Forecast
9.1 Introduction
9.2 North America Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Type
9.6.1 Bread
9.6.2 Cakes And Pastries
9.6.3 Cookies
9.6.4 Crackers And Pretzel
9.6.5 Doughnuts
9.6.6 Other
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 Packaged Bakery Products Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Other
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 Packaged Bakery Products Analysis and Forecast
10.1 Introduction
10.2 Europe Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Type
10.6.1 Bread
10.6.2 Cakes And Pastries
10.6.3 Cookies
10.6.4 Crackers And Pretzel
10.6.5 Doughnuts
10.6.6 Other
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 Packaged Bakery Products Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Other
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 Packaged Bakery Products Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Type
11.6.1 Bread
11.6.2 Cakes And Pastries
11.6.3 Cookies
11.6.4 Crackers And Pretzel
11.6.5 Doughnuts
11.6.6 Other
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 Packaged Bakery Products Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Other
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 Packaged Bakery Products Analysis and Forecast
12.1 Introduction
12.2 Latin America Packaged Bakery Products 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 Packaged Bakery Products Market Size Forecast by Type
12.6.1 Bread
12.6.2 Cakes And Pastries
12.6.3 Cookies
12.6.4 Crackers And Pretzel
12.6.5 Doughnuts
12.6.6 Other
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 Packaged Bakery Products Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Other
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) Packaged Bakery Products Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Packaged Bakery Products 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) Packaged Bakery Products Market Size Forecast by Type
13.6.1 Bread
13.6.2 Cakes And Pastries
13.6.3 Cookies
13.6.4 Crackers And Pretzel
13.6.5 Doughnuts
13.6.6 Other
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) Packaged Bakery Products Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Other
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 Packaged Bakery Products Market: Competitive Dashboard
14.2 Global Packaged Bakery Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Finsbury Food Group
14.3.2 Flowers Foods
14.3.3 Grupo Bimbo
14.3.4 Hostess Brands
14.3.5 MCKEE FOODS
14.3.6 Yamazaki Baking
14.3.7 American Baking
14.3.8 Aryzta
14.3.9 BreadTalk
14.3.10 Britannia
14.3.11 Finsbury Food Group
14.3.12 Edwards Cake & Candy Supplies
14.3.13 George Weston
14.3.14 Hillshire Brands
