Global Bakery Products Market

The Global Bakery Products market comprises of a plethora of bread, biscuits, pastries, cakes, cookies, etc. It is an integral part of the lifestyle of almost all the people in the economy and has huge annual turnovers. Currently, the Bakery business has been accounted to be worth US$ XX Billion and is expected to grow at a CAGR of US$ XX Billion to reach XX Billion dollars in 2021. Fundamentally, the market depends on the supply of food grain, dairy, eggs and availability of feasible distribution channels. Advancements in the baking technology and increasing number of supermarkets and retail stores worldwide have ensured a bright future to the industry.

Market Dynamics:

Some of the key drivers in the current Bakery Products market include growing popularity of trans-fat free, low calorie and multigrain products which reduce the inherent health risks that tag along with a majority of the conventional bakery products. Growing demand for western-style bread in the Asian markets has opened new horizons for the industry. Increasing popularity of whole-wheat brown bread over traditional white bread is a factor shaping the industry. The urban consumers today seek fortified, sugar-free and gluten-free products. Other factors, such as rapid urbanisation, availability of foods at reasonable prices, the variety of products, hectic lifestyles, health benefits and the convenience of baked products will continue having an impact forever.

Market Segmentation:

The bakery products market has been popularly segmented on the basis of three criteria- product type, distribution channel type, and geography. On the basis of product type, the market can be further divided into biscuits, morning goods, doughnuts, bread and rolls, cakes, pastries, etc. Bread and rolls have the largest share in the market. Morning goods, comprising of breakfast cereals, have been anticipated to grow fastest, considering their lately growing popularity in Asian markets. By distribution channel type, the market can be segmented into convenience stores, departmental stores, hypermarkets, supermarkets, speciality stores and online purchase.

Geographical Analysis:

The European region, due to the Caucasian sensitivity for sweets, provides the largest market for bakery products consumption. In North America, demand for bakery items, especially those with soluble dietary fibre helps in maintaining the market demand. Developing regions such as South America and Asia-Pacific are currently the growing markets with high expected growth rates, due to rapid urbanisation. However, currently, in the frozen desserts segment, China is the only major consumer in the Asia-Pacific. India, China, Argentina, Brazil, and South Africa have proven to be the most attractive entry markets. They are supported by the large population, high demand for ready-to-eat foods, and improving lifestyles which are reflected in their food consumption preferences.

Some of the key players in the industry include Kellogg's Company (U.S.), Britannia Industries Ltd. (India), The Great Canadian Bagel Ltd. (Canada) and Warburtons, Ltd. (U.K.)- to name a few.

Report Contents:

> Market segments

> Market Drivers, Restraints and Opportunities

> Market Size & Forecast 2016 to 2022

> Supply & Demand Value Chain

> Market - Current Trends

> Competition & Major Companies

> Technology and R&D Status

> Porters Five Force Analysis

> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada

> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America

> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)

>> Nordic Countries (Denmark, Finland, Norway, and Sweden)

>> Benelux (Belgium, The Netherlands, and Luxembourg)

>> Rest of Western Europe

> Eastern Europe

>> Russia

>> Poland

>> Rest of Eastern Europe

> Asia Pacific

>> China

>> India

>> Japan

>> Australia and New Zealand

>> Rest of Asia Pacific

> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)

>> South Africa

>> North Africa

>> Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)

> Consumer and Pricing Analysis

> Market dynamics of the industry

> Market Segmentation

> Estimated Market Sizing in terms of volume and value

> Recent trends in Market and impact

> Research Status and Technology Overview

> Extensive Industry Structure Coverage