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Bakery Products - Global Market Trajectory & Analytics

  • ID: 338659
  • Report
  • April 2021
  • Region: Global
  • Global Industry Analysts, Inc

FEATURED COMPANIES

  • Allied Bakeries
  • Bimbo Bakeries USA
  • Flowers Foods, Inc.
  • Hovis Ltd.
  • McDonald`s Corporation
  • Savor Street Foods
  • MORE
Global Bakery Products Market to Reach $457.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Bakery Products estimated at US$349.4 Billion in the year 2020, is projected to reach a revised size of US$457.4 Billion by 2027, growing at a CAGR of 3.9% over the analysis period 2020-2027. Breads, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$207.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cakes/Pastries segment is readjusted to a revised 3.8% CAGR for the next 7-year period.

The U.S. Market is Estimated at $94.2 Billion, While China is Forecast to Grow at 7.1% CAGR

The Bakery Products market in the U.S. is estimated at US$94.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$98.2 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.2% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Doughnuts Segment to Record 3.5% CAGR

In the global Doughnuts segment, USA, Canada, Japan, China and Europe will drive the 3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$52.2 Billion in the year 2020 will reach a projected size of US$64.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$64.7 Billion by the year 2027, while Latin America will expand at a 4.4% CAGR through the analysis period.

Select Competitors (Total 463 Featured):
  • Allied Bakeries
  • Arnott`s Biscuits Limited
  • Aryzta AG
  • Associated British Foods plc
  • BAB Systems, Inc.
  • Bahlsen GmbH & Co. KG
  • Bakers Delight
  • Barilla G. & R. Fratelli SpA
  • Bimbo Bakeries USA
  • BreadTalk Group Limited
  • Britannia Industries Ltd.
  • Bruegger`s Enterprises, Inc.
  • Campbell Soup Company
  • Canada Bread Company Limited
  • Dunkin` Donuts
  • Einstein Noah Restaurant Group, Inc.
  • Finsbury Food Group
  • Flowers Foods, Inc.
  • Frank Roberts & Sons Ltd.
  • George Weston Foods Ltd.
  • Goodman Fielder Pty Ltd.
  • Grupo Bimbo, S.A.B. de C.V.
  • Harry-Brot GmbH
  • Hostess Brands Inc.
  • Hovis Ltd.
  • JAB Holding Company
  • Kellogg Company
  • La Brea Bakery
  • Lantmännen Unibake
  • Lieken AG
  • McDonald`s Corporation
  • McKee Foods Corporation
  • Mondelez International
  • Nestlé SA
  • Parle Products Pvt. Ltd.
  • Pepperidge Farm, Inc.
  • Savor Street Foods
  • Strauss Group Ltd.
  • Tasty Baking Company
  • The Great Canadian Bagel, Ltd.
  • Tyson Foods, Inc.
  • Warburtons, Ltd.
  • Yamazaki Baking Co., Ltd.
  • Yildiz Holding A.S.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Allied Bakeries
  • Bimbo Bakeries USA
  • Flowers Foods, Inc.
  • Hovis Ltd.
  • McDonald`s Corporation
  • Savor Street Foods
  • MORE
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Bakery Products: Driven by the Ever-Evolving Health, Indulgence, and Convenience Needs of the Consumer
  • Market Snapshots
  • Trends and Drivers Summarized
  • Recent Market Activity
  • Growing Preference for Healthy, Organic & All Natural Baked Goods: Reinvigorating Market Growth
  • Growing Demand for Healthy Variants, Manufacturers Struggle to Alter Processes
  • Trans-Fat Free Products Turn On the Heat
  • Organic & Whole Grain Based Baked Goods Set to Witness Strong Market Penetration
  • Bright Prospects Ahead for Bakery Products
  • Developed Markets Dominate Consumption, While Developing Countries Spearhead Growth
  • Lower Per Capita Consumption Offers Huge Market Potential in Developing Countries
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Aryzta AG (Switzerland)
  • La Brea Bakery (USA)
  • Associated British Foods plc (UK)
  • Allied Bakeries (UK)
  • George Weston Foods Ltd. (Australia)
  • BAB Systems, Inc. (USA)
  • Bahlsen GmbH & Co. KG (Germany)
  • Bakers Delight (Australia)
  • Barilla Holding Societa per Azioni (Italy)
  • BreadTalk Group Limited (Singapore)
  • Britannia Industries Ltd. (India)
  • Campbell Soup Company (USA)
  • Arnott's Biscuits Limited (Australia)
  • Pepperidge Farm, Inc. (USA)
  • Dunkin' Donuts (USA)
  • Finsbury Food Group (UK)
  • Flowers Foods, Inc. (USA)
  • Tasty Baking Company (USA)
  • Frank Roberts & Sons Ltd. (UK)
  • Goodman Fielder Pty Ltd. (Australia)
  • Grupo Bimbo, S.A.B. de C.V. (Mexico)
  • Bimbo Bakeries USA (USA)
  • Canada Bread Company Limited (Canada)
  • Harry-Brot GmbH (Germany)
  • Hostess Brands Inc. (USA)
  • Hovis Ltd. (UK)
  • JAB Holding Company (Luxembourg)
  • Bruegger's Enterprises, Inc. (USA)
  • Einstein Noah Restaurant Group, Inc. (USA)
  • Kellogg Company (USA)
  • Lantmännen Unibake (Denmark)
  • Lieken AG (Germany)
  • McDonald's Corporation (USA)
  • McKee Foods Corporation (USA)
  • Mondelēz International, Inc. (USA)
  • Nestlé SA (Switzerland)
  • Parle Products Pvt. Ltd. (India)
  • Savor Street Foods (USA)
  • Strauss Group Ltd. (Israel)
  • The Great Canadian Bagel, Ltd. (Canada)
  • Tyson Foods, Inc. (USA)
  • Warburtons, Ltd. (UK)
  • Yamazaki Baking Co., Ltd. (Japan)
  • Yildiz Holding A.S. (Turkey)
  • pladis (UK)
3. MARKET TRENDS & DRIVERS
  • Bread: Largest Product Segment within the Bakery Products Market
  • Market Shifting Towards Premium Breads
  • Increasing Health Awareness Drives Sales of Grain Breads
  • Artisan Breads Suitably Positioned to Benefit from Ongoing Health Drive
  • Clean Label: A Highly Critical Demand Determinant
  • High Quality Bread Variants Drive Demand in the Matured Global Bread Market
  • Increasing Popularity of Low Carbohydrates Diet Slow Down Volume Growth
  • Affordability Factor Spurs Strong Demand for Pastries and Cakes
  • Innovative Functional Biscuits to Drive Growth in Demand for Sweet & Savory Biscuits
  • Growing Demand for RTE Foods Boost Demand for Wafer Biscuits
  • A Review of Select Popular Biscuit Brands
  • Novel Eating/Storage Preferences Continue to Sustain Demand in the Breakfast Cereals Segment
  • Impulse Buying & Indulgence Trends Drive Growth in Demand for Sweet Bakery Products
  • Non-Conventional Flavors and Ingredients Make Way in Baked Sweet Goods
  • Healthier and Guilt-free Options Benefit Sweet Bakery Products Market
  • The Indulgence Trend Drives the Hugely Popular Doughnuts Market
  • Surging Popularity of Fortified/Functional Bakery Products
  • Innovation Ranks High On the Agenda
  • Good-For-You Tortillas Gain Significance
  • Rising Incidence of Lifestyle Diseases Drive Rapid Growth in Demand for Gluten-Free Bakery Products
  • Growing Focus on Sustainability and Cost Effectiveness Drives Demand for Alternative Ingredients
  • Cocoa Replacers: A Potential Substitute for the Pricey Natural Cocoa
  • Incidence of Epidemics Drive the Need for Egg Replacements in Baked Goods
  • Nanotechnology Set to Deliver Novel Flavors and Nutrients in Bakery Products
  • Frozen Bakery Products: Driven by the Convenience of Saving Efforts and Time
  • Sugar-Free Bakery Products Offer Significant Growth Potential
  • Sugar Substitutes Witness Improved Penetration
  • Natural Additives to Stunt Demand for Artificial Sweeteners
  • Increasing Usage of Honey Raises the Health Quotient of Bakery Products
  • Single-serve, Re-sealable and Light-weight Packaging Innovations Drive Market Adoption
  • Select Noteworthy Packaging Innovations
  • Favorable Economic and Demographic Trends Strengthen Market Prospects
  • Ballooning Global Population
  • Growing Middle Class Population
  • Rise in Disposable Incomes
  • Exponential Increase in Urban Population
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 463
Note: Product cover images may vary from those shown
  • Allied Bakeries
  • Arnott`s Biscuits Limited
  • Aryzta AG
  • Associated British Foods plc
  • BAB Systems, Inc.
  • Bahlsen GmbH & Co. KG
  • Bakers Delight
  • Barilla G. & R. Fratelli SpA
  • Bimbo Bakeries USA
  • BreadTalk Group Limited
  • Britannia Industries Ltd.
  • Bruegger`s Enterprises, Inc.
  • Campbell Soup Company
  • Canada Bread Company Limited
  • Dunkin` Donuts
  • Einstein Noah Restaurant Group, Inc.
  • Finsbury Food Group
  • Flowers Foods, Inc.
  • Frank Roberts & Sons Ltd.
  • George Weston Foods Ltd.
  • Goodman Fielder Pty Ltd.
  • Grupo Bimbo, S.A.B. de C.V.
  • Harry-Brot GmbH
  • Hostess Brands Inc.
  • Hovis Ltd.
  • JAB Holding Company
  • Kellogg Company
  • La Brea Bakery
  • Lantmännen Unibake
  • Lieken AG
  • McDonald`s Corporation
  • McKee Foods Corporation
  • Mondelez International
  • Nestlé SA
  • Parle Products Pvt. Ltd.
  • Pepperidge Farm, Inc.
  • Savor Street Foods
  • Strauss Group Ltd.
  • Tasty Baking Company
  • The Great Canadian Bagel, Ltd.
  • Tyson Foods, Inc.
  • Warburtons, Ltd.
  • Yamazaki Baking Co. Ltd.
  • Yildiz Holding A.S.
Note: Product cover images may vary from those shown
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