Bakery Product Market - Forecast(2021 - 2026)

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Bakery Product Market Overview

Bakery Product Market size is estimated to reach $339.3Billion by 2026 and is poised to grow at a CAGR of 3.54% during the forecast period 2021-2026. Baking is the transformation of dough that is made of flour, milk, and other ingredients such as sugar, fats, egg, and other additives in food with a unique taste and odour. Bakery products include pastries, rolls, pies, cookies, muffins, and bread which are prepared from flour or meal derived from some form of the grain. The bakery products market is driven by new consumer preferences for conveniently portioned and easy-to-consume bakery goods. Increasing migration from the rural to urban areas is causing a rise in demand for convenience foods such as pastries, cakes, breads, and biscuits. The ready-to-eat foods are exhibiting increased growth, while consumers are shifting away from meat and packaged goods. The manufacturers are concentrating on the display and dressing of their bakery products in order to increasingly attract consumers. This is estimated to grow significantly over the forecast years 2021-2026.

Bakery Product Market Report Coverage

The report: “Bakery Product Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Bakery Product Market.
By Type: Bread & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels, and others.
By Form: Fresh, Frozen, Instant Mixes, Dough & Batter, and others.
By Specialty Type: Gluten-Free, Organic, Sugar-Free, Low-Calories, Fortified, and others.
By Distribution Channel: Online, Offline.
By Geography: North America, Asia-Pacific, Europe, and Rest of World.

Key Takeaways

  • Geographically, Europe is poised to see extraordinary development owing to the increasing demand for flour and flour products in the region and is set to continue during the forecast period 2021-2026.
  • The global demand for the Bakery Product Market is owing to the growing demand for ready-to-eat products across the globe. 
  • The high storage cost of Bakery Product is estimated to restrain the market growth during the forecast period 2021-2026.
  • Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market will be provided in the Bakery Product Market report.

Bakery Product Market Segment Analysis - By Specialty Type

The global Bakery Product Market based on Specialty Type can be further segmented into Gluten-Free, Organic, Sugar-Free, Low-Calories, Fortified, and others. The Gluten-Free registered for the highest revenue in 2020. This is owing to the increased sensitivity to gluten among consumers. The Organic segment is estimated to be the fastest-growing segment with a CAGR of 4.38% during the forecast period 2021-2025 owing to the rising health awareness among the consumers across the globe.

Bakery Product Market Segment Analysis - By Distribution Channel

The global Bakery Product Market based on Ingredients can be further segmented into Offline and Online. The offline segment registers for the highest market share in 2020 owing to the Merchandising and ease of availability in supermarkets, artisan bakeries, and other retail stores. Online segment is estimated to be the fastest-growing segment owing to the change in buying behaviour of consumers and the door-to-door delivery of online retailers by serving even in remote parts of the cities.

Bakery Product Market Segment Analysis - By Geography

The global Bakery Product Market based on Geography can be further segmented into North America, Asia-Pacific, Europe, and Rest of the World. Europe held the largest share of 33% in 2020. The growth in this segment is owing to the increasing demand for flour and flour products in the region. Asia-Pacific is estimated to be the fastest-growing CAGR during the forecast period 2021-2026 owing to the factors such as ever-growing population, demand for ready-to-eat food products, and the shift in food consumption pattern among the population in the region.

Bakery Product Market Drivers

Growing demand for convenience foods

The rapid urbanization and increasing demand for convenience food are the major factors driving the growth of bakery products market. Various baked food products are rich in fats, sugar, and nuts & fruits, which increases the nutritional value and energy content. Moreover, advancement in food processing technology has enabled manufacturers to introduce various innovative products with better taste, appearance, and enhanced nutritive value, which is estimated to support the growth of the bakery products market during the forecast period 2021-2026.

Availability of wide range of bakery products

The adoption of multicultural eating habits and the increasing demand for healthy food alternatives is driving the growth of the global bakery product market. However, the availability of a wide range of bakery products across various distribution platforms is a major factor driving market growth. Moreover, the variety of bakery products and the introduction of innovative products by the major players is estimated to support the growth of the bakery products market.

Bakery Product Market Challenges

High storage cost of Bakery Products

The bakery product market involves high energy usage, logistics and storage costs as the product have to be transported in specially designed automotive components equipped with state-of-the-art refrigeration capabilities. These factors are restraining the growth of the Bakery Product Market. However, the rising health concerns is estimated to restrict market growth during the forecast period 2021-2026.

Bakery Product Market Industry Outlook:

Product launches, mergers and acquisitions, joint ventures, and geographical expansions are key strategies adopted by players in the Bakery Product Market. Key companies of this market Kraft Heinz, Finsbury Food Group Plc, Bimbo Bakeries USA, Nestle S.A, General Mills, Britannia Industries Ltd, Associated British Foods, Campbell Soup Company, Bakers Delight Holdings Limited, and Mondelez International.

Acquisitions/Product Launches:

  • In October 2020, Bimbo bakeries announced the partnership with Disney, Oroweat to increase the production of organic bakery products. 
  • In March 2020, General Mills Company announced the launch of Pillsbury Online community, which is a new resource to foodservice professionals to make baking easier.
  • In February 2020, Kraft Heinz announced the partnership with Indo Nissan Foods. This partnership helped Kraft Food to expand its business in India.

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1. Bakery Product Market- Overview
    1.1 Definitions and Scope
2. Bakery Product Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends
    2.2 Key trends by Type
    2.3 Key trends by Distribution Channel
    2.4 Key trends by Geography
3. Bakery Product Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Bakery Product Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Bakery Product Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Bakery Product Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Bakery Product Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Bakery Product Market– By Type (Market Size –$Million/$Billion)
    8.1 Bread & Rolls
        8.1.1 Loaves
        8.1.2  Baguettes
        8.1.3  Rolls
        8.1.4  Burger Buns
        8.1.5  Sandwich Slices
        8.1.6  Ciabatta
        8.1.7  Frozen Bread
        8.1.8  Others
    8.2 Cakes & Pastries
        8.2.1 Cupcakes
        8.2.2 Dessert Cakes
        8.2.3 Sponge Cakes
        8.2.4 Pastries
    8.3 Cookies
        8.3.1 Bar Cookies
        8.3.2 Drop Cookies
        8.3.3 Molded Cookies
        8.3.4 Rolled Cookies
        8.3.5 Others
    8.4 Tortillas
    8.5 Pretzels
    8.6 Others
9. Bakery Product Market– By Form (Market Size –$Million/$Billion)
    9.1 Fresh
    9.2 Frozen
    9.3 Dough & Batter
    9.4 Instant Mixes
    9.5 Others
10. Bakery Product Market– By Specialty Type (Market Size –$Million/$Billion)
   10.1 Gluten Free
   10.2 Organic
   10.3 Sugar-Free
   10.4 Low-Calories
   10.5 Fortified
   10.6 Others
11. Bakery Product Market– By Distribution Channel (Market Size –$Million/$Billion)
   11.1 Offline
   11.2 Online
12. Bakery Product Market- By Geography (Market Size –$Million/$Billion)
    12.1 North America
        12.1.1 U.S.
        12.1.2 Canada
        12.1.3 Mexico
    12.2 Europe
        12.2.1 Russia
        12.2.2 U.K.
        12.2.3 Germany
        12.2.4 France
        12.2.5 Italy
        12.2.6 Spain
        12.2.7 Rest of Europe
    12.3 Asia-Pacific
        12.3.1 China
        12.3.2 India
        12.3.3 Japan
        12.3.4 South Korea
        12.3.5 Australia & New Zealand
        12.3.6 Rest of Asia-Pacific
    12.4 Rest of the World
        12.4.1 Middle East
        12.4.2 Africa
        12.4.3 South America
13. Bakery Product Market- Entropy
14. Bakery Product Market– Industry/Segment Competition Landscape Premium
    14.1 Market Share Analysis
        14.1.1 Global Market Share – Key Companies
        14.1.2 Market Share by Region – Key companies
        14.1.3 Market Share by Countries – Key Companies
        14.1.4 Best Practices for Companies
15. Bakery Product Market– Key Company List by Country Premium Premium
16. Bakery Product Market Company Analysis
    16.1 Company 1
    16.2 Company 2
    16.3 Company 3
    16.4 Company 4
    16.5 Company 5
    16.6 Company 6
    16.7 Company 7
    16.8 Company 8
    16.9 Company 9
    16.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Competitive Analysis Market 2019-2024 ($M)
1.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Global Industry Research
1.2 Key Customers Market 2019-2024 ($M) - Global Industry Research
2.Global Competitive Analysis Market 2019-2024 (Volume/Units)
2.1 List Of Key Distributors Channel Partners Market 2019-2024 (Volume/Units) - Global Industry Research
2.2 Key Customers Market 2019-2024 (Volume/Units) - Global Industry Research
3.North America Competitive Analysis Market 2019-2024 ($M)
3.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Regional Industry Research
3.2 Key Customers Market 2019-2024 ($M) - Regional Industry Research
4.South America Competitive Analysis Market 2019-2024 ($M)
4.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Regional Industry Research
4.2 Key Customers Market 2019-2024 ($M) - Regional Industry Research
5.Europe Competitive Analysis Market 2019-2024 ($M)
5.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Regional Industry Research
5.2 Key Customers Market 2019-2024 ($M) - Regional Industry Research
6.APAC Competitive Analysis Market 2019-2024 ($M)
6.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Regional Industry Research
6.2 Key Customers Market 2019-2024 ($M) - Regional Industry Research
7.MENA Competitive Analysis Market 2019-2024 ($M)
7.1 List Of Key Distributors Channel Partners Market 2019-2024 ($M) - Regional Industry Research
7.2 Key Customers Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Bakery Product Market Revenue, 2019-2024 ($M)
2.Canada Bakery Product Market Revenue, 2019-2024 ($M)
3.Mexico Bakery Product Market Revenue, 2019-2024 ($M)
4.Brazil Bakery Product Market Revenue, 2019-2024 ($M)
5.Argentina Bakery Product Market Revenue, 2019-2024 ($M)
6.Peru Bakery Product Market Revenue, 2019-2024 ($M)
7.Colombia Bakery Product Market Revenue, 2019-2024 ($M)
8.Chile Bakery Product Market Revenue, 2019-2024 ($M)
9.Rest of South America Bakery Product Market Revenue, 2019-2024 ($M)
10.UK Bakery Product Market Revenue, 2019-2024 ($M)
11.Germany Bakery Product Market Revenue, 2019-2024 ($M)
12.France Bakery Product Market Revenue, 2019-2024 ($M)
13.Italy Bakery Product Market Revenue, 2019-2024 ($M)
14.Spain Bakery Product Market Revenue, 2019-2024 ($M)
15.Rest of Europe Bakery Product Market Revenue, 2019-2024 ($M)
16.China Bakery Product Market Revenue, 2019-2024 ($M)
17.India Bakery Product Market Revenue, 2019-2024 ($M)
18.Japan Bakery Product Market Revenue, 2019-2024 ($M)
19.South Korea Bakery Product Market Revenue, 2019-2024 ($M)
20.South Africa Bakery Product Market Revenue, 2019-2024 ($M)
21.North America Bakery Product By Application
22.South America Bakery Product By Application
23.Europe Bakery Product By Application
24.APAC Bakery Product By Application
25.MENA Bakery Product By Application
26.Bimbo Bakeries Usa, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Britannia Industries Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Nestl S.A., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.General Mills, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Campbell Soup Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Associated British Foods Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Kraft Foods Group, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Itc Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Alpha Baking Co., Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Finsbury Food Group Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Lantmannen Unibake Usa, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Bahlsen Gmbh Co. Kg, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Sara Lee Foods, Llc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.George Weston Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
40.Bakers Delight Holdings, Sales /Revenue, 2015-2018 ($Mn/$Bn)