The global Bakery Product Market size is estimated to reach USD 251.1 billion, by 2025, and is projected to grow at the CAGR of 3.2% from 2019 to 2025, according to a new report by Million Insights. The changing consumer preference towards fast food items such as cakes, cookies owing to busy and hectic daily routine is expected to boost the product demand.
The health benefits associated with addition of oats, cereals in bakery foods is anticipated to boost the market growth. In 2018, pastries & cakes product segment dominated the market with market share of around 27.4%in the overall market.
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Market Synopsis of Bakery Product Market:
The cookies segment is also projected to exceed at significant rate over the forecasted period. Growing income level and interest among consumer for the products in countries such as China, India, and Japan is supporting the market growth. The product is also consumed as dietary supplement. In 2018, specialty stores held the largest share in the market. The supermarkets & hypermarkets contributed to share of over 30.0% in the overall market. The growing trend of flavors, texture is also expected to boost the product demand in the coming few years.
Major players in the bakery products market include Nestle S.A., Kraft Food Group, Inc., Britannia Industries Ltd., Bimbo Bakeries USA, General Mills, and Associated British Foods.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Bakery Product: Market Variables, Trends & Scope
Chapter 4 Bakery Product: Product Estimates & Trend Analysis
Chapter 5 Bakery Product: Application Estimates & Trend Analysis
Chapter 6 Bakery Product: End-use Estimates & Trend Analysis
Chapter 7 Bakery Product: Industrial End-use Estimates & Trend Analysis
Chapter 8 Bakery Product: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Bakery Product: Manufacturers Company Profiles
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