India Bakery Retailing Market | Segmentation, Growth, Industry, Value, Companies, Outlook, Share, Forecast, Trends, Competitive Landscape, Analysis, Size & Revenue: Market Forecast by By Product Type, By Type, By Sales Channels and competitive landscape

The India Bakery Retailing market has experienced significant growth, driven by urbanization, rising disposable incomes, and evolving consumer lifestyles. As the urban population is expected to reach 416 million by 2050, there has been a notable rise in demand for fresh and convenient bakery products such as bread, croissants, and cookies. Additionally, government programs like PMFME (with a budget of $1.2 billion for 2020-25) and PMKSY have significantly supported the sector’s growth. In 2023, PMFME assisted 2,017 bakery units, while PMKSY approved 28 bakery-related projects, further bolstering the bakery industry. These efforts, along with changing consumer preferences, have contributed to the market's continued expansion.

According to the research, India Bakery Retailing Market is projected to grow at a CAGR of 10.9% from 2024-2030F. The growth of India’s bakery industry is set to accelerate, driven by advancements in e-commerce, infrastructure development, and a thriving hospitality sector, collectively creating a favourable ecosystem for market expansion. The addition of 14,000 hotel rooms and domestic tourism surging to 2.50 billion visits in 2023 has increased demand for artisanal bakery products, particularly in hotels, travel hubs, and high-traffic zones. Ongoing infrastructure projects, including the opening of 60 new shopping malls with 23.25 million sq. ft. of retail space by 2025 and significant airport upgrades such as Jewar International Airport (2024) and Kalyani Airport in Kolkata by 2030, present valuable retail opportunities for bakeries.

Furthermore, the growth of online food delivery, expected to reach INR 2.12 lakh crore by 2030, highlights the market's potential, with platforms like Swiggy and Zomato driving consumer demand. Emerging brands such as Birdy’s, which plans to open 100 stores by FY26, and Le Pain Quotidien, aiming for 100 outlets by 2035, along with innovative retail spaces like Ingka Centres’ Lykli, showcase the industry's evolving landscape. These developments underscores a promising future for India's bakery retailing market.

Market Segmentation By Type

The organized segment of the India bakery retailing market is expected to grow rapidly due to rising middle-class incomes, increasing preference for branded and high-quality products, and the expansion of supermarkets, malls, and e-commerce. The demand for premium and health-conscious bakery options is also driving growth, as consumers seek innovation, variety, and better customer experiences from organized players.

Market Segmentation By Product Type

The Cakes and Pastries segment is expected to experience the highest growth in the India bakery retailing market in the coming years due to rising demand for premium bakery products. This trend is fueled by increasing disposable incomes, a growing culture of celebrations like birthdays and weddings, and the expansion retail outlets and café chains offering a wide variety of cakes and pastries tailored to local tastes.

Market Segmentation By Sales Channels

The online segment of the India bakery retailing market is projected to see the highest growth in the coming years, driven by factors such as rising internet penetration, the ease of home delivery, and the growing popularity of online food delivery platforms like Swiggy and Zomato. These trends would significantly contribute to the increased demand for bakery products through online channels.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• India Bakery Retailing Market Overview
• India Bakery Retailing Market Outlook
• India Bakery Retailing Market Forecast
• Industry Life Cycle
• Porter’s Five Forces Analysis
• Historical Data and Forecast of India Bakery Retailing Market Revenues for the Period 2020-2030F
• Historical Data and Forecast of India Bakery Retailing Market Revenues, By Product Type, for the Period 2020-2030F
• Historical Data and Forecast of India Bakery Retailing Market Revenues, By Market Type, for the Period 2020-2030F
• Historical Data and Forecast of India Bakery Retailing Market Revenues, By Sales Channel, for the Period 2020-2030F
• Market Drivers and Restraints
• Market Trends
• Market Opportunity Assessment
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Product Type

• Cakes and Pastries
• Artisanal Breads
• Cookies and Biscuits
• Snacks and Savories (Quiches, croissants, puffs, and savoury tarts etc)
• Desserts & Confectioneries (macarons, cheesecakes, mousses, chocolates, etc)
• Others (Specialty and Seasonal Products)

By Type

• Unorganized
• Organized
• Premium
• Non-Premium

By Sales Channels

• Offline
• Online