Global Bakery Market By Type (Bread & Rolls, Cookies, Cakes & Pastries, Doughnuts & Muffins, Pies & Tarts and Others (Bagel, Cupcake, Croissant, Macaron, etc)), By Distribution Channel (Artisanal Bakeries/Specialty Stores, Supermarkets/Hypermarkets, Departmental Stores, Online, and Others (Convenience Stores, Forecourt Retailers, etc.)), By Region, Competition Forecast & Opportunities, 2026
Published Date: October - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe global bakery market was valued USD 453.74 Billion in 2020 and is projected to reach USD 672.66 Billion by 2026, registering a CAGR of 7.02% through 2026. The global bakery market is witnessing consistent growth, owing to the changing consumer taste & preferences, and improving standards of living of people, and increased consumption of packaged food.
Bakeries are booming, and you can thank the rise of fast-food places using bread for everything from burgers to sandwiches. Plus, all those fancy, "value-added" bread options are helping too! What's driving this? Well, our eating habits are changing, we're all super busy, and we're seeing more influence from the West. But, a big part is that we're more aware of the health benefits of good ingredients in our baked goods. People want gluten-free, low-carb, and high-fiber options, so they're demanding more from bakeries. This is pushing companies to make healthier products to keep up. Take Britannia, for example, with their Nutrichoice biscuits – they're all about a low glycemic index and lots of fiber!
So, the bakery world is a big place, and we can break it down by what kind of baked good it is, where you buy it, where in the world it's popular, and of course, who's making it. When we look at types of baked goods, we're talking bread & rolls, cookies, cakes & pastries, doughnuts & muffins, pies & tarts, and well, everything else! In 2020, bread & rolls were the clear favorite. Think about it – bread's a staple, a big part of what many of us eat every day. But it's not just your grandma's white bread anymore! The market's booming thanks to things like low-carb, multigrain, and fortified breads that folks who are watching their health love. Plus, better packaging, new ingredients (like bread with seeds, nuts, even veggies and fruits!), and cool new bakery tech are all helping bread stay on top.
So, when we look at where people buy their baked goods, the global bakery market breaks down into a few main areasthose lovely artisanal bakeries and specialty retailers, your everyday supermarkets and hypermarkets, department stores, the online world, and then just "others." Right now, artisanal bakeries are leading the pack, probably because they've got such a fantastic and varied selection of yummy flavors. But get this – the online part is really expected to take off! More and more people are loving the ease of tech-driven services, so grabbing their treats online is just super convenient. Blame it on our busy lives, but we're all drawn to the quickness of online channels. And with e-commerce booming, those online retailers are set to snag a big chunk of the market in the coming years.
Some of the leading players in the global bakery market are Grupo Bimbo, Mondelez International, Inc., Yamazaki Baking Co. Ltd., Flowers Foods, Inc., Kellogg Company, among others. The companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Years considered for this report
Historical Years2016-
Base Year2020
Estimated Year2021E
Forecast Period2022F-2026F
Objective of the Study
- To analyze the historical growth in the market size of global bakery market from 2016 to 2020.
- To estimate and forecast the market size of global bakery market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast global bakery market based on by type, by distribution channel, by region and by company.
- To identify dominant region or segment in the global bakery market.
- To identify drivers and challenges for global bakery market.
- To examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in global bakery market.
- To identify and analyze the profile of leading players operating in global bakery market.
- To identify key sustainable strategies adopted by market players in global bakery market.
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marketinsights Research performed both primary as well as exhaustive secondary research for this study. Initially, marketinsights Research sourced a list of manufacturers
marketinsights Research calculated the market size of the global
Key Target Audience
- Manufacturers, distributors, and end-users
- Market research and consulting firms
- Government bodies such as regulating authorities and policymakers
- Organizations, forums, and alliances related to bakery market
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as
Report Scope
In this report, the global bakery market has been segmented into following categories, in addition to the industry trends which have also been detailed below
Global Bakery Market, By Type
Global Bakery Market Size, By Distribution Channel
- Global Bakery Market, By Region
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Turkey
- Iran
- Saudi Arabia
- South Africa
- Egypt
- UAE
Competitive Landscape
Company Profiles
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