Global Bread and baked food Market to reach USD XX billion by 2027. Global Bread and baked food Market are valued approximately USD XX billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.3 % over the forecast period 2021-2027. Busy lifestyles have caused the consumer preference to shift towards quick and easy food alternatives which includes baked food items. Rapid urbanization, easy affordability and rising disposable income are some factors contributing to the market growth. Acquisitions and partnerships between key market players are also influencing the market positively. For example, in September 2019, Nestle tied up with Dawn Foods to create a range of sweet bakery products in regions including Europe, Middle East and North Africa. However, growing health awareness has pulled customers away from bakery products because of gluten, fat and sugar contents. However, R&D initiatives by market players to produce healthier food products will create growth opportunities for the market.
The regional analysis of global Bread and baked food market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading region across the world in terms of market share due to the growing demand for various bread and bakery products. Whereas, Asia is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027 due to rapid urbanization and globalization, and rising consumption of bakery products.
Major market player included in this report are:
Grupo Bimbo
Britannia Industries Ltd
Nestle Chile
Interstate Brands Corporation
George Weston Ltd
Sara Lee Bakery Group
Flowers Food
Lewis Brothers
Hostess Brands LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Bread
Biscuits and cookies
Cakes and Pastries
Rolls and Pies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
Ro APAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027
Target Audience of the Global Bread and baked food Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors