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Bakery Products Market, By Product Type (Cakes and Pastries, Biscuits, Bread, Morning Goods, and Other Product Types), Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, and Other Distribution Channels), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
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Bakery Products Market – Trends Forecast Till 2030 sales@delvens.comwww.delvens.com
Bakery Products Market – Trends Forecast Till 2030 Bakery Products Market, By Product Type (Cakes and Pastries, Biscuits, Bread, Morning Goods, and Other Product Types), Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retail Stores, and Other Distribution Channels), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report:https://www.delvens.com/get-free-sample/bakery-products-market sales@delvens.com www.delvens.com
Market Overview The global Bakery Products Market size was estimated at USD 279.9 billion in 2023 and is projected to reach USD 401.4 billion in 2030 at a CAGR of 5.28% during the forecast period 2024-2030. The global bakery products market is experiencing robust growth, driven by a combination of evolving consumer preferences, innovative product offerings, and expanding market reach through various distribution channels. One of the primary drivers of this growth is the increasing preference for convenient foods among consumers worldwide. With changing lifestyles and rising urbanization, there is a growing demand for bakery products that offer quick and easy meal solutions. Products like bread, pastries, and biscuits are not only convenient but also appeal to a diverse range of consumer segments, from busy professionals seeking on-the-go options to families looking for nutritious snacks. Purchase this Report: https://www.delvens.com/checkout/bakery-products-market sales@delvens.com www.delvens.com
Key Findings On the basis of Product Type, Biscuits and bread dominate the bakery market, driven by their widespread consumption. Cakes and pastries also play a significant role due to their variety of flavours and popularity. The demand for pizza crust is increasing alongside rising pizza consumption. Meanwhile, gluten-free products account for a substantial market share, driven by health consciousness and dietary preferences. On the basis of distribution channel, the bakery products market features diverse distribution channels crucial for global consumer reach. Specialty stores and convenience stores are pivotal, with specialty stores projected to grow fastest, capturing over 35% market share by 2025. Direct sales via company-owned stores and online platforms are rapidly expanding, enhancing brand visibility and customization. Meanwhile, supermarkets, convenience stores, and specialty retailers dominate with over 67% market share, offering extensive accessibility and logistics for a wide range of bakery products. sales@delvens.com www.delvens.com
Key Findings The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. Europe is poised to dominate and experience strong growth as a regional market for bakery products. This is driven by robust consumer demand for a variety of baked goods, including staples like gluten-free options, high-fiber products, and those free from trans fats. Inquire Before Buying:https://www.delvens.com/Inquire-before-buying/bakery-products-market sales@delvens.com www.delvens.com
Competitive Landscape • Nestle SA • Associated British Foods plc • Mondelez International Inc. • Finsbury Food Group Plc • Bimbo Bakeries USA • Britannia Industries • Flowers Foods Inc. • Rich Products Corporation • Dr. August OetkerNahrungsmittel KG • Gruma, S.A.B. de C.V. • Bakers Delight Holdings • Grupo Bimbo S.A.B de C.V. • Yamazaki Baking Co. Ltd. • JAB Holding Company • ARYZTA AG • General Mills Inc. • Kellogg Company • Conagra Brands • Aryzta • McKee Foods sales@delvens.com www.delvens.com
Recent Developments As of July 2023, Starbucks offers just one certified gluten-free bakery item on its menu, the Marshmallow Dream Bar. This item stands out among its beverages, which include several gluten-free options. The Marshmallow Dream Bar is packaged separately with a clear gluten-free certification prominently displayed on the label. This limited selection contrasts with the broader range of gluten-free choices available in Starbucks' beverage lineup. In January 2023, Sara Lee, a brand under Bimbo Bakeries USA, launched a new white bread variant enriched with vegetables. This innovative loaf is fortified with vitamins A, D, and E, providing the nutritional equivalent of one cup of vegetables per serving. The introduction of this product underscores Sara Lee's dedication to offering healthier bread options, catering to consumers' increasing demand for nutritious and functional foods. sales@delvens.com www.delvens.com
Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com
