Bakery Products Market 2022: Share, Latest Trends, Insights,

Bakery Products Market 2022: Share, Latest Trends, Insights,

According to the latest IMARC Group report, entitled “𝗕𝗮𝗸𝗲𝗿𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆, 𝗦𝗵𝗮𝗿𝗲, 𝗦𝗶𝘇𝗲, 𝗚𝗿𝗼𝘄𝘁𝗵, 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳”, the size of the global bakery product market reached US $ 478.4 billion in 2021. Looking forward, IMARC Group expects the market to reach US$612.4 billion by 2027, exhibiting a CAGR of 4.0% over 2022-2027.

𝗬𝗲𝗮𝗿 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗲𝗱 𝘁𝗼 𝗘𝘀𝘁𝗶𝗺𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗶𝘇𝗲:

𝗕𝗮𝘀𝗲 𝗬𝗲𝗮𝗿 𝗼𝗳 𝘁𝗵𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀: 𝟮𝟬𝟮𝟭

𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗣𝗲𝗿𝗶𝗼𝗱: 𝟮𝟬𝟭𝟲-𝟮𝟬𝟮𝟭

𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗣𝗲𝗿𝗶𝗼𝗱: 𝟮𝟬𝟮𝟮-𝟮𝟬𝟮𝟳

Here are the following:

Bakery products comprise a wide range of baked goods that are prepared using dry heat in an oven, hot stones, ashes, etc. They include bread, cakes, cakes, pies, cookies, donuts, etc. In line with this, these products are made using various ingredients such as cereal-based flour, water, leavening agents, etc. They are considered fast moving consumer goods (FMCG) and are consumed on a daily basis. The baked goods have a sweet or savory flavor and a spongy texture, plus they are easy to eat and store for a long period of time. Nowadays, most of the traditional cooking methods are replaced by modern machines.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗳𝗿𝗲𝗲 𝘀𝗮𝗺𝗽𝗹𝗲:

Here are the following:

The increasing demand for low-calorie, processed and ready-to-eat foods, due to the improvement in living standards and the increasing levels of disposable income of the people, is mainly increasing the market for bakery products. Additionally, the growing number of artisan bakeries and pastry shops offering various varieties of baked goods is fueling the growth of the market. Apart from this, the introduction of low-calorie bakery products by major manufacturers that contain multigrain or whole wheat and are low in trans fat, due to increasing consumer health awareness, is acting as another major growth inducing factor. In addition, they are also developing gluten-free, vegan, lactose-free, and high-fiber variants that are made with premium ingredients, which is positively influencing the global market. On top of this, the expansion of the food and beverage (F&B) industry and the increasing integration of robotic technology with bakery processing equipment are further catalyzing market growth. Furthermore, the emerging trend of healthy snacks is expected to boost the bakery products market in the coming years.

𝗖𝗵𝗲𝗰𝗸𝗼𝘂𝘁 𝗡𝗼𝘄:

Competitive Analysis and Segmentation of the Bakery Products Market 2022-2027:

Competitive landscape with key players:

The competitive landscape of the Bakery Products market has been studied in the report with the detailed profiles of the key players operating in the market.

Key market segmentation:

The report has segmented the global bakery products market based on product type, distribution channel, and region.

Breakdown by product type:

• Cookies
• Cookies
• Cream Cookies
• Glucose cookies
• Maria cookies
• Unsalted crackers
• Pretzels
• Milk cookies
• Others
• Bread and Rolls
• Artisan Bakeries
• In-store bakeries
• Packaging
• Cakes and Pastries
• Artisan Bakeries
• In-store bakeries
• Packaging
• biscuits
• Artisan Bakeries
• In-store bakeries
• Packaging

Breakdown by Distribution Channel:

• Convenience stores
• Supermarkets and Hypermarkets
• Independent retailers
• Artisan Bakeries
• Online stores
• Others

Regional Perspectives:

• Pacific Asia
• Europe
• North America
• Middle East and Africa
• Latin America

𝗔𝘀𝗸 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝟭𝟬 𝟭𝟬% 𝗳𝗿𝗲𝗲 𝗰𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗲𝗱 𝗿𝗲𝗽𝗼𝗿𝘁:

Key points from the report:

• Market performance (2016-2021)
• Market prospects (2022-2027)
• Industrial trends
• Market drivers and success factors
• The impact of COVID-19 on the global market
• Analysis of the value chain
• Global Market Structure
• Comprehensive mapping of the competitive landscape

If you need specific information that is currently not within the scope of the report, we will provide it to you as part of the personalization.

About us:

IMARC Group is a leading market research company providing market research and management strategy around the world. We partner with clients across industries and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include important market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the pinnacle of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality information and data to our clientele, from small and medium-sized businesses to Fortune 1000 corporations.

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