The price per unit in the 'Bread' segment of the food market in South Korea was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (****** percent). After the ***** consecutive increasing year, the price per unit is estimated to reach **** 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 average revenue per capita in the 'Edible Oils' segment of the food market in Botswana and the price per unit in the 'Breakfast Cereals' segment of the food market in Switzerland. The Statista Market Insights cover a broad range of additional markets.

South Korea: Bread and cereal prices, world average = 100: The latest value from 2021 is 198.18 index points, an increase from 190.27 index points in 2017. In comparison, the world average is 111.22 index points, based on data from 165 countries. Historically, the average for South Korea from 2017 to 2021 is 194.23 index points. The minimum value, 190.27 index points, was reached in 2017 while the maximum of 198.18 index points was recorded in 2021.

Over the last two observations, the price per unit is forecast to significantly increase in all segments. This reflects the overall trend throughout the entire forecast period from 2020 to 2030. It is estimated that the price per unit is continuously rising in all segments. In this regard, the Bread segment achieves the highest value of 6.57 U.S. dollars in 2030. Find further statistics on other topics such as a comparison of the revenue in Turkey and a comparison of the average revenue per capita in the world. The Statista Market Insights cover a broad range of additional markets.

In 2023, the amount of fresh bread and miscellaneous bakery exported from South Korea rose markedly to 62K tons, growing by 6.6% against the year before.

Korea Consumer Price Index (CPI): Food: Bread and Confectionary data was reported at 157.600 1995=100 in Dec 2001. This records an increase from the previous number of 157.100 1995=100 for Nov 2001. Korea Consumer Price Index (CPI): Food: Bread and Confectionary data is updated monthly, averaging 64.100 1995=100 from Jan 1975 (Median) to Dec 2001, with 324 observations. The data reached an all-time high of 157.600 1995=100 in Dec 2001 and a record low of 26.700 1995=100 in Jan 1975. Korea Consumer Price Index (CPI): Food: Bread and Confectionary data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.I012: Consumer Price Index: 1995=100.

Bread and Bakery Price in South Korea - 2022. Find the latest marketing data on the IndexBox platform.

The average volume per capita in the 'Bread & Cereal Products' segment of the food market in South Korea was forecast to continuously increase between 2025 and 2030 by in total 41.8 kilograms (+17.75 percent). After the tenth consecutive increasing year, the average volume per capita is estimated to reach 277.3 kilograms and therefore a new peak in 2030. Notably, the average volume per capita of the 'Bread & Cereal Products' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Baby Food' segment of the food market in China and the average revenue per capita in the 'Edible Oils' segment of the food market in Uruguay. The Statista Market Insights cover a broad range of additional markets.

North Korea: Bread and cereal prices, world average = 100: The latest value from is index points, unavailable from index points in . In comparison, the world average is 0.00 index points, based on data from countries. Historically, the average for North Korea from to is index points. The minimum value, index points, was reached in while the maximum of index points was recorded in .

Korea Consumer Price Index (CPI): Weights: FB: Food: Bread and Cereals: Rice data was reported at 6.400 Per 1000 in Nov 2016. This stayed constant from the previous number of 6.400 Per 1000 for Oct 2016. Korea Consumer Price Index (CPI): Weights: FB: Food: Bread and Cereals: Rice data is updated monthly, averaging 6.200 Per 1000 from Jan 1975 (Median) to Nov 2016, with 503 observations. The data reached an all-time high of 6.400 Per 1000 in Nov 2016 and a record low of 6.200 Per 1000 in Dec 2011. Korea Consumer Price Index (CPI): Weights: FB: Food: Bread and Cereals: Rice data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.I005: Consumer Price Index: 2010=100: Weights.

The price per unit in the 'Baby Food' segment of the food market in South Korea was forecast to continuously increase between 2025 and 2030 by in total four U.S. dollars (+9.74 percent). After the tenth consecutive increasing year, the price per unit is estimated to reach 45.04 U.S. dollars and therefore a new peak in 2030. Notably, the price per unit of the 'Baby Food' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Fresh Fruits' segment of the food market in Ethiopia and the revenue in the 'Bread & Cereal Products' segment of the food market in India. The Statista Market Insights cover a broad range of additional markets.

The price per unit in the 'Bread' segment of the food market in Switzerland was forecast to continuously increase between 2025 and 2030 by in total *** U.S. dollars (+**** percent). The price per unit is estimated to amount to *** U.S. dollars 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 average volume per capita in the 'Pasta' segment of the food market in South Korea and the average volume per capita in the 'Breakfast Cereals' segment of the food market in Sweden. The Statista Market Insights cover a broad range of additional markets.

South Korea Consumer Price Index (CPI): Daejeon: FB: Food: Bread & Cereals data was reported at 125.750 2020=100 in Apr 2025. This records an increase from the previous number of 124.580 2020=100 for Mar 2025. South Korea Consumer Price Index (CPI): Daejeon: FB: Food: Bread & Cereals data is updated monthly, averaging 69.325 2020=100 from Jan 1985 (Median) to Apr 2025, with 484 observations. The data reached an all-time high of 125.750 2020=100 in Apr 2025 and a record low of 25.731 2020=100 in Jan 1985. South Korea Consumer Price Index (CPI): Daejeon: FB: Food: Bread & Cereals data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.I: Consumer Price Index: Other Regions: 2020=100.

In 2024, the South Korean bread and bakery market increased by 6.4% to $18.9B, rising for the seventh year in a row after three years of decline. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Bread and bakery consumption peaked in 2024 and is likely to see steady growth in the immediate term.

The average revenue per capita in the 'Bread & Cereal Products' segment of the food market in South Korea was forecast to continuously increase between 2025 and 2030 by in total 133.9 U.S. dollars (+29.48 percent). After the tenth consecutive increasing year, the average revenue per capita is estimated to reach 588.01 U.S. dollars and therefore a new peak in 2030. Notably, the average revenue per capita of the 'Bread & Cereal Products' segment of the food market was continuously increasing over the past years.Find further information concerning the price per unit in the 'Baby Food' segment of the food market in Uruguay and the average volume per capita in the 'Bread & Cereal Products' segment of the food market in Albania. The Statista Market Insights cover a broad range of additional markets.

Statistics illustrates consumption, production, prices, and trade of Bread and Bakery in Democratic People's Republic of Korea from Jan 2019 to Jun 2025.

South Korea Consumer Price Index (CPI): Incheon: FB: Food: Bread and Cereals data was reported at 122.480 2015=100 in Nov 2021. This records a decrease from the previous number of 123.590 2015=100 for Oct 2021. South Korea Consumer Price Index (CPI): Incheon: FB: Food: Bread and Cereals data is updated monthly, averaging 75.645 2015=100 from Jan 1985 (Median) to Nov 2021, with 443 observations. The data reached an all-time high of 123.970 2015=100 in Sep 2021 and a record low of 30.562 2015=100 in Jan 1985. South Korea Consumer Price Index (CPI): Incheon: FB: Food: Bread and Cereals data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.I023: Consumer Price Index: Other Regions: 2015=100.

In 2023, the ***** bakery shops operating in Gyeonggi province had a total operating cost of around *** billion South Korean won. That year, around nine thousand of such shops were operating throughout the country, with a total sales revenue of approximately **** trillion South Korean won.

The South Korean rusks and toasted bread market expanded slightly to $620M in 2024, growing by 1.9% against the previous year. Overall, consumption showed a moderate increase. Rusks and toasted bread consumption peaked at $632M in 2022; however, from 2023 to 2024, consumption failed to regain momentum.

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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

In 2023, supplies from abroad of industrial bakery machinery decreased by -22.1% to 1.1K units, falling for the second consecutive year after two years of growth.