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Bakery Products Market by Product and Geography - Global Forecast and Analysis 2019-2023

  • Published: Aug 2019
  • Pages: 122
  • SKU: IRTNTR31905
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The global bakery products market size will grow by USD 110.42 billion during 2019-2023. This market report provides a detailed analysis of the market by product (bread and rolls, cakes and pastries, cookies, and others) and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Associated British Foods Plc, Britannia Industries Ltd., Grupo Bimbo SAB de CV, Mondelēz International Inc., and Warburtons Ltd.

Key Insights on Bakery Products Market - Global Forecast 2019-2023

Bakery Products Market

 

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Industry Overview

The growing popularity of clean label and artisan bakery products will be one of the critical bakery products market trends. The demand for artisan bread is increasing, especially among consumers who prefer unique, high-quality products with rich, decadent flavors and textures. The rising trend of clean labeling has also encouraged market vendors to produce bakery products with minimal ingredients that are recognized and perceived as wholesome by consumers. Moreover, several market vendors are offering organic, low-carb, non-GMO, gluten-free, and vegetable-based alternatives and are acquiring certification from various certifying bodies to cater to the demand from consumers seeking healthier options. This growing demand for clean-label and artisan bakery products is expected to boost the growth of the bakery products market during the next five years.

According to the bakery products market forecast report, the growing prominence of gluten-free bakery products will also contribute to the growth of the market. Gluten intolerance or sensitivity can lead to digestive issues and celiac disease. The increasing number of people having gluten intolerance has driven prominent vendors to offer gluten-free bakery products, including bagels, baking mixes, muffins, rolls and buns, cornbread, focaccia, croissants, pies and cakes, bread, crackers, pretzels, cookies, and wafers. Several vendors are also adopting the rebranding strategy to promote their gluten-free bakery products. For instance, Warburtons rebranded its Newburn Bakehouse free from range to Warburtons gluten free to capitalize on the growing demand for gluten-free bakery products. The increasing number of product offerings by major vendors under the gluten-free category will fuel the growth of the bakery products market at a CAGR of over 4% during the forecast period.

Top Companies in Bakery Products Market

This global market is fragmented. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this bakery products market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading bakery products manufacturers, including:

  • Associated British Foods Plc
  • Britannia Industries Ltd.
  • Grupo Bimbo SAB de CV
  • Mondelēz International Inc.
  • Warburtons Ltd.

Market Segmentation

Bakery Products Market by Product

  • Bread and rolls
  • Cakes and pastries
  • Cookies
  • Others

The bread and rolls segment will account for the highest bakery products market share. The increasing demand for gluten-free products and recent innovations in the baking ingredient industry are some of the major factors driving the growth of the bakery products market in this segment. This market research report provides an accurate prediction of the contribution of all the segments to the growth of the bakery products market size.

Bakery Products Market by Region

  • APAC
  • Europe
  • MEA
  • North America
  • South America

With a complete study of the growth opportunities for companies, it has been identified that the APAC region will account for the highest share of the bakery products market throughout the forecast period. Factors such as expansions by global vendors and increasing demand for clean label foods are contributing to the bakery products market growth in this region.

Major Highlights of the Bakery Products Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the bakery products market during the next five years
  • Precise estimation of the global bakery products market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the bakery products industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of bakery products companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY PRODUCT

  • Market segmentation by product
  • Comparison by product
  • Bread and rolls - Market size and forecast 2018-2023
  • Cakes and pastries - Market size and forecast 2018-2023
  • Cookies - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by product

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing online presence of bakery product vendors
  • Growing popularity of clean-label and artisan bakery products
  • On-trade sales of bakery products

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Associated British Foods Plc
  • Britannia Industries Ltd.
  • Grupo Bimbo SAB de CV
  • Mondelēz International Inc.
  • Warburtons Ltd.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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