Market Overview

The Global Bakery Products Market was valued at USD 244,397.6 million in 2023 and is expected to reach USD 314,437.7 million by 2031 while growing at a CAGR of 3.2% during the forecast period (2024-2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global bakery products market growth. Bakery products encompass a diverse range of food items produced by baking dough or batter in an oven, typically made from ingredients like flour, water, leavening agents, sugar, eggs, and fats. Varying in flavor, texture, and appearance, these products are staples in cultures worldwide.

Ongoing innovation in bakery product formulations, flavors, and packaging, coupled with rising disposable income, drives the growth of the bakery products market. However, obstacles like health concerns, dietary trends, and preferences for gluten-free and allergen-free options may hinder market expansion.

Furthermore, the global bakery products industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Type Analysis

The Global Bakery Products Market is segmented among Cakes and Pastries, Biscuits, Bread, Morning Goods, and Other Product Types, based on Product Type. In 2023, Bread accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Distribution Channel Analysis

The Global Bakery Products Market is segmented among Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retail Stores, and Other Distribution Channels, based on Distribution Channel. In 2023, Speciality Stores accounted for the majority of the market share*.

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Bakery Products Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Finsbury Food Group Plc, Grupo Bimbo SAB de CV, Associated British Foods Plc, Mondelēz International Inc., General Mills Inc., Kellogg Company, Britannia Industries Ltd, Walker's Shortbread Ltd, Yıldız Holding, and McKee Foods Corporation.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Bakery Products Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Bakery Products Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Bakery Products Market Segmentation, By Product Type  

• Global Bakery Products Market Share Analysis, By Product Type  

• Global Bakery Products Market Growth Analysis, By Product Type  

• Global Bakery Products Market Trends, By Product Type  

o Cakes and Pastries

o Biscuits

o Bread

o Morning Goods

o Other Product Types

6. Global Bakery Products Market Segmentation, By Distribution Channel

• Global Bakery Products Market Share Analysis, By Distribution Channel

• Global Bakery Products Market Growth Analysis, By Distribution Channel

• Global Bakery Products Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Convenience Stores

o Speciality Stores

o Online Retail Stores

o Other Distribution Channels

7. Global Bakery Products Market Segmentation, By Region

• Global Bakery Products Market Share Analysis, By Region

• Global Bakery Products Market Growth Analysis, By Region

• Global Bakery Products Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• Finsbury Food Group Plc.*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Grupo Bimbo SAB de CV

• Associated British Foods Plc

• Mondelēz International Inc.

• General Mills Inc.

• Kellogg Company

• Britannia Industries Ltd

• Walker's Shortbread Ltd

• Yıldız Holding

• McKee Foods Corporation

 *Similar analysis will be provided for each company listed above.