China Retail Price Index: Rural: Food: Cake, Biscuit and Bread data was reported at 101.180 Prev Year=100 in 2015. This records a decrease from the previous number of 101.698 Prev Year=100 for 2014. China Retail Price Index: Rural: Food: Cake, Biscuit and Bread data is updated yearly, averaging 101.849 Prev Year=100 from Dec 1994 (Median) to 2015, with 22 observations. The data reached an all-time high of 123.700 Prev Year=100 in 1994 and a record low of 99.200 Prev Year=100 in 2000. China Retail Price Index: Rural: Food: Cake, Biscuit and Bread data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Inflation – Table CN.IB: Retail Price Index: Rural: Annual.

China: Bread and cereal prices, world average = 100: The latest value from 2021 is 137.9 index points, an increase from 121.62 index points in 2017. In comparison, the world average is 111.22 index points, based on data from 165 countries. Historically, the average for China from 2017 to 2021 is 129.76 index points. The minimum value, 121.62 index points, was reached in 2017 while the maximum of 137.9 index points was recorded in 2021.

China Consumer Price Index (CPI): Food: Cake, Biscuit & Bread data was reported at 101.484 Prev Year=100 in 2015. This records a decrease from the previous number of 101.876 Prev Year=100 for 2014. China Consumer Price Index (CPI): Food: Cake, Biscuit & Bread data is updated yearly, averaging 102.138 Prev Year=100 from Dec 1994 (Median) to 2015, with 22 observations. The data reached an all-time high of 128.000 Prev Year=100 in 1994 and a record low of 98.800 Prev Year=100 in 2002. China Consumer Price Index (CPI): Food: Cake, Biscuit & Bread data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under Global Database’s China – Table CN.IA: Consumer Price Index.

In 2024, the Chinese bread and bakery market decreased by -1.7% to $188.7B for the first time since 2016, thus ending a seven-year rising trend. The market value increased at an average annual rate of +2.4% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10%. Bread and bakery consumption peaked at $191.9B in 2023, and then dropped modestly in the following year.

Bread and Bakery Price in China - 2023. Find the latest marketing data on the IndexBox platform.

Discover the outlook for the bread and bakery market in China as increasing demand drives consumption trends upward over the next decade. Market performance is projected to decelerate with a CAGR of +0.3% for the period from 2024 to 2035, reaching 58M tons in volume and $229.7B in value by the end of 2035.

The price per unit in the 'Bread' segment of the food market in Luxembourg was forecast to continuously increase between 2025 and 2030 by in total 0.8 U.S. dollars (+11.36 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 7.86 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Bread' segment of the food market was continuously increasing over the past years.Find further information concerning the revenue in the 'Fruits & Nuts' segment of the food market in China and the price per unit in the 'Cheese' segment of the food market in Switzerland. The Statista Market Insights cover a broad range of additional markets.

China Cakes, Bread: Cost of Sales: Year to Date data was reported at 64.166 RMB bn in Oct 2015. This records an increase from the previous number of 56.535 RMB bn for Sep 2015. China Cakes, Bread: Cost of Sales: Year to Date data is updated monthly, averaging 16.299 RMB bn from Dec 2003 (Median) to Oct 2015, with 97 observations. The data reached an all-time high of 70.461 RMB bn in Dec 2014 and a record low of 1.367 RMB bn in Feb 2006. China Cakes, Bread: Cost of Sales: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHB: Baked Food: Cakes, Bread.

Learn about the projected growth of the bread and bakery market in China over the next decade, driven by increasing demand. Market volume is expected to reach 58M tons by 2035, with a market value of $230.5B (in nominal prices)

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Bread Market Size 2025-2029

The bread market size is forecast to increase by USD 129.7 billion at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the rising urbanization and changing consumer preferences towards healthier food options. The increasing demand for organic and gluten-free bakery products reflects this trend, as consumers seek more nutritious and customized food choices. However, the market is not without challenges, as fluctuating raw material prices pose a significant threat to profitability. Bakery businesses must navigate these price fluctuations and adapt to evolving consumer demands to capitalize on the market's growth opportunities. Strategic sourcing, product innovation, and operational efficiency will be key differentiators for companies seeking to stay competitive in this dynamic market. Effective supply chain management and collaboration with suppliers will be crucial to mitigating the impact of raw material price volatility. Additionally, investing in research and development to create innovative, health-conscious bakery products will help companies meet the evolving needs of health-conscious consumers and capture market share. Overall, the market presents a compelling growth opportunity for businesses that can effectively navigate these trends and challenges.

What will be the Size of the Bread Market during the forecast period?

Request Free SampleThe market encompasses a wide range of baked goods, including whole meal bread and specialty bread, with e-commerce sales increasingly driving growth. Consumers' preferences for healthier options have led to the popularity of bread with high protein content and the incorporation of legumes like lentils. Sustainability is a key trend, with recycled plastic packaging gaining traction. Organic bread and value-added products, such as functional food items and fillings, are also in demand. The bread industry caters to household staples and convenience-seeking consumers, with private labels and e-commerce platforms playing significant roles. Natural and functional ingredients, regional bread specialties, and clean label bread are other noteworthy trends. Delivery methods and innovation in filling and specialty bread continue to shape the market dynamics. Bread manufacturers are focusing on meeting the evolving needs of health-conscious consumers by offering products with natural ingredients and functional benefits.

How is this Bread Industry segmented?

The bread industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductArtisan breadPackaged breadOthersDistribution ChannelOfflineOnlineVariantConventionalGluten freeTypeFreshFrozenGeographyEuropeFranceGermanyItalyThe NetherlandsUKNorth AmericaUSCanadaAPACChinaIndiaJapanSouth AmericaMiddle East and Africa

By Product Insights

The artisan bread segment is estimated to witness significant growth during the forecast period.The artisan the market is experiencing consistent growth due to the increasing preference for specialty bakery items among health-conscious consumers. Artisan bread, including ethnic varieties, is often sold within a short timeframe after manufacturing, adding to its appeal. Supermarkets and hypermarkets now stock a variety of artisan bread, making it easily accessible to consumers. The segment's expansion is further fueled by the trend of multiple purchasing and the availability of various artisan bread types. Moreover, the use of natural and functional ingredients, such as soy, in artisan bread production caters to the demand for wholesome and healthy food options. Additionally, the aging population and changing consumer behavior towards convenience and sustainable practices are contributing factors to the market's growth. Artisan bread manufacturers focus on direct consumer relationships, offering high-protein and whole grain options, as well as clean label and fortified bread. The market also includes organic bread and household staples, such as whole meal bread, which cater to diverse consumer lifestyles and dietary requirements. E-commerce sales and home delivery services are increasingly popular, with e-commerce platforms offering a wide range of bread types and regional specialties. Recycled plastic packaging is also gaining traction as a sustainable practice in the bread industry. Overall, the artisan the market is evolving to meet the demands of consumers seeking healthy, convenient, and sustainable baked goods.

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The Artisan bread segment was valued at USD 107.90 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to

Explore the forecasted growth of the bread and bakery market in China, with an anticipated increase in consumption over the next decade. Market volume is expected to reach 71 million tons by 2035, while market value is projected to hit $234.8 billion.

Price for Crispbread, Rusk and Toasted Bread in China - 2023. Find the latest marketing data on the IndexBox platform.

The average rusks and toasted bread import price stood at $4,050 per ton in February 2025, with an increase of 13% against the previous month.

China Cakes, Bread: YoY: Cost of Sales: Year to Date data was reported at 10.657 % in Oct 2015. This records an increase from the previous number of 9.437 % for Sep 2015. China Cakes, Bread: YoY: Cost of Sales: Year to Date data is updated monthly, averaging 23.180 % from Jan 2006 (Median) to Oct 2015, with 89 observations. The data reached an all-time high of 49.117 % in Aug 2011 and a record low of 7.006 % in May 2015. China Cakes, Bread: YoY: Cost of Sales: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BHB: Baked Food: Cakes, Bread.

For the third year in a row, the Hong Kong bread and bakery market recorded growth in sales value, which increased by 7.6% to $7.2B in 2024. In general, the total consumption indicated a prominent increase from 2012 to 2024: its value increased at an average annual rate of +6.2% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +62.1% against 2021 indices.

The Asia-Pacific frozen bakery market, valued at approximately $XX million in 2025, is projected to experience robust growth, exhibiting a compound annual growth rate (CAGR) of 8.60% from 2025 to 2033. This expansion is fueled by several key drivers. The rising demand for convenient and ready-to-eat food options, particularly among busy working professionals and young families, significantly contributes to market growth. Furthermore, increasing disposable incomes across the region, especially in rapidly developing economies like India and China, are enabling greater consumer spending on convenient and premium frozen bakery products. The expanding retail infrastructure, including the proliferation of supermarkets, hypermarkets, and online retail channels, facilitates wider product availability and accessibility. Product innovation, focusing on healthier options, gluten-free alternatives, and diverse flavors catering to local preferences, also plays a vital role in driving market expansion. However, certain restraints impede market growth. Fluctuations in raw material prices, particularly flour and dairy products, impact production costs and profitability. Concerns regarding the nutritional value and perceived health implications of frozen bakery items represent another challenge. Competitive pressures from both established multinational players and smaller local manufacturers necessitate continuous product differentiation and strategic pricing strategies to maintain market share. Despite these challenges, the long-term outlook for the Asia-Pacific frozen bakery market remains positive, driven by sustained consumer demand, robust economic growth in several key markets, and ongoing innovation within the industry. Specific regional growth will be influenced by factors such as per capita income growth rates, changing dietary habits, and the penetration rate of modern retail formats. Key players such as Lantmannen, General Mills, and Grupo Bimbo are strategically positioned to capitalize on these market dynamics through product diversification, expansion of distribution networks, and targeted marketing campaigns. Recent developments include: In 2021, General Mills Inc. announced the launch of its six latest Pillsbury products in its frozen bakery product line. The Pillsbury Monkey Bread contains pre-cut dough with each kit, with a sweet cinnamon sauce pouch that has 10 grams of sugar, 200 calories, and 3 grams of protein., In 2020, Nestle SA launched Life Cuisine, the latest brand fabricated to 'feed modern lifestyles' worldwide. The product range offers frozen egg bites and pizza bowls, which cater to consumer preferences through low-carb, high-protein, gluten-free, and meatless., In 2019, The Haas Group announced the acquisition of Buhler to expand its business operations in India by adding an oven manufacturing plant to its service and assisting the facility in India.. Notable trends are: Increased Demand for Baked Products with Extended Shelf Life.

Snapshot img

Packaged Bakery Products Market Size 2024-2028

The packaged bakery products market size is forecast to increase by USD 134.5 billion, at a CAGR of 5.7% between 2023 and 2028.

The market is witnessing significant growth, driven by the increasing trend of snacking and indulgence consumption. Consumers' preference for convenient, ready-to-eat bakery items continues to fuel market expansion. Additionally, the rise in the demand for organic bakery food products aligns with the growing health consciousness among consumers, offering a lucrative opportunity for market participants. However, the market faces challenges, including the increase in in-home cooking, which may impact sales of packaged bakery products. The shift towards homemade baked goods could intensify competition among players, necessitating strategic innovation and differentiation to maintain market share.
Companies must focus on catering to consumers' evolving preferences, such as clean labeling, organic ingredients, and diverse flavors, to capitalize on the market's potential and navigate challenges effectively.

What will be the Size of the Packaged Bakery Products Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, shaped by dynamic market forces and shifting consumer preferences. Retail channels, a critical component of this industry, are continually adapting to meet consumer demands for convenience and freshness. Quality control, a top priority, is ensured through rigorous testing and adherence to food safety regulations. Whole wheat and sourdough breads, with their distinct taste and texture, remain popular choices. Shelf life, a key consideration, is extended through advanced packaging technologies and innovative production methods. Consumer preferences for gluten-free and artisan breads drive new product development and cost optimization. Mixing equipment, a crucial investment, is optimized for efficiency and ingredient traceability.

Pricing strategies are carefully calibrated to balance affordability and profitability. Artisan bread, with its unique taste and appeal, is produced in specialized facilities using proofing cabinets and baking ovens. Brand loyalty is fostered through marketing campaigns emphasizing health and wellness, ethical sourcing, and ingredient sourcing. Frozen bread, a growing segment, offers extended shelf life and convenience. Shelf-stable bread, rye bread, and Danish pastries cater to diverse dietary restrictions. Waste reduction and production efficiency are key areas of focus, with innovations in slicing machines and packaging lines. Food safety regulations are strictly enforced, ensuring the highest standards.

The market is a dynamic and evolving landscape, driven by consumer preferences, technological advancements, and regulatory requirements.

How is this Packaged Bakery Products Industry segmented?

The packaged bakery products industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Product

  Bread
  Cakes and pastries
  Cookies
  Crackers and pretzel
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  Rest of World (ROW)

By Product Insights

The bread segment is estimated to witness significant growth during the forecast period.

The market experiences significant growth due to increasing consumer preferences for convenient and healthier food options. Shelf-stable bread, a key product category, benefits from advanced distribution networks and effective marketing campaigns. Whole wheat and gluten-free bread varieties cater to dietary restrictions and health-conscious consumers. Manufacturers invest in proofing cabinets and baking ovens to ensure consistent taste and texture while adhering to stringent food safety regulations. New product development, such as high-protein and sourdough bread, aligns with consumer preferences for health and wellness. Ingredient sourcing, cost optimization, and production efficiency are crucial for maintaining quality control and brand loyalty.

Artisan bread and danish pastries continue to appeal to consumers seeking unique and premium baked goods. Innovations in slicing machines, ethical sourcing, packaging lines, and ingredient traceability contribute to improving production processes and reducing waste. The market's focus on product innovation and pricing strategies caters to diverse consumer preferences, making it an exciting and dynamic industry.

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The Bread segment was valued at USD 172.10 billion in 2018 an

Discover the projected growth of the crispbread, rusks and toasted bread market in China, with an expected increase in consumption over the next decade. Market performance is anticipated to expand at a slower pace, with a forecasted CAGR of +1.9% in volume and +3.4% in value from 2024 to 2035, reaching 1.9M tons and $7.6B respectively by the end of 2035.

For the fourth year in a row, the Hong Kong market for crispbread, rusks and toasted bread recorded growth in sales value, which increased by 2.9% to $78M in 2024. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Crispbread, rusk and toasted bread consumption peaked in 2024 and is expected to retain growth in the immediate term.

Learn about the growing demand for rusks and toasted bread in China, with market projections showing a steady increase in consumption over the next decade.