Bakery Products Market Size to Grow by USD 189.32 Bn, Bread and Rolls to be Largest Revenue-generating Product Segment – Technavio – QNT Press Release


NEW YORK, Nov. 8, 2022 /PRNewswire/ — The bakery products market share growth by the bread and rolls segment will be a significant contributor to market growth during the forecast period. This primarily includes products such as sourdough, whole wheat bread, pita bread, rye bread, multigrain bread, focaccia bread, hot dog rolls, white rolls, and sub rolls. The growth of this segment is attributed to factors such as the rising demand for gluten-free bread and rolls. Vendors such as Associated British Foods offer gluten-free bread products.

The bakery products market size is expected to grow by USD 189.32 billion from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.4% during the forecast period, according to Technavio. Get a comprehensive report summary that describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Frequently Asked Questions
  • What are the major trends in the market?
    The increasing online presence of bakery product vendors is a trend in the market.
  • What is the year-over-year growth rate of the bakery products market in 2022?
    The year-over-year growth rate of the bakery products market in 2022 is 5.3%.
  • How big is the APAC market?
    34% of the growth of the bakery products market will originate from APAC during the forecast period.
  • Is the market fragmented or concentrated?
    The bakery products market is fragmented.
Bakery Products Market 2022-2026: Segmentation
  • Product
    • Bread and Rolls
    • Cakes and Pastries
    • Cookies
    • Others
  • Geography
    • APAC
    • Europe
    • North America
    • South America
    • Middle East And Africa

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View a FREE PDF Sample Report

Bakery Products Market 2022-2026: Scope

The bakery products market report covers the following areas:

The increasing retail value sales of private-label bakery products, strong distribution network between bakery product manufacturers and customers, and growing prominence of gluten-free bakery products will offer immense growth opportunities. However, the volatility of raw material prices, intense among competition vendors , and stringent regulations leading to product recalls are likely to pose a challenge for market vendors.

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Bakery Products Market 2022-2026: Vendor Analysis

Amazon.com Inc., Associated British Foods Plc, Brezelbackerei Ditsch GmbH, Britannia Industries Ltd., Cargill Inc., Corporativo Bimbo SA de CV, Costco Wholesale Corp, Flowers Foods Inc., Frank Roberts and Sons Ltd., Kellogg Co., Hostess Brands Inc., McDonald Corp., Kerry Group Plc, Puratos Group NV, Mondelez International Inc., The Great Canadian Bagel Ltd., Starbucks Co., and Warburtons Ltd. are some of the major market participants.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now for detailed vendor information

Bakery Products Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information about the factors that will assist bakery products market growth during the next five years
  • Approximation of the bakery products market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the bakery products market across APAC, Europe, North America, South Americaand the Middle East and Africa
  • Analysis of the competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will impede the growth of bakery products market vendors
Related Reports

Specialty Bakery Market by Product and Geography – Forecast and Analysis 2022-2026: The growing demand for functional ingredients is driving market growth. Some examples of functional ingredients are oats, legumes, nuts, probiotics, cereals, and fortified margarine. Bakery manufacturers have introduced such ingredients in their offerings.

Packaged Bakery Products Market by Product and Geography – Forecast and Analysis 2022-2026: The increased snacking and indulgence consumption are driving the market. There has been a rise of nearly 41.39% in the number of consumers who prefer healthy and tasty snacks in the last decade. This is attributed to hectic lifestyles and urbanization.

Bakery Products Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.4%

Market growth 2022-2026

USD 189.32 billion

Market structure

Fragmented

YoY growth (%)

Full story available on Benzinga.com



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