The North America Bakery Products Market is Segmented by Product Type (Breads, Cakes and Pastries, and More), Form (Fresh and Frozen), Category (Conventional, Organic/Clean Label, and More), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, and More), and Geography (United States, Canada, Mexico and Rest of North America). The Market Forecasts are Provided in Terms of Value (USD).

For the 52 weeks ending April 21, 2024, center store breads was the second best-selling bakery products category in the United States (U.S.) with unit sales amounting to approximately *** billion units. The market for bakery products in the U.S. Among the different bakery product categories in the U.S., center store bread was the best-selling, with sales amounting to a total of more than **** billion U.S. dollars. Cookies were the country’s second-favorite baked product, with sales of over ***** billion U.S. dollars. Snack- or granola bars, perimeter cakes, and center store buns and rolls are among the more popular bakery products. The three leading companies within the fresh and frozen bakery product market are Bimbo Bakeries USA (BBU), Flowers Foods, and Pepperidge Farm. These companies accounted for a combined share of ** percent of the overall market size. BBU is the market leader with a market share of almost *********. Bakery cafés in the U.S. The market size of the bakery café sector in the U.S. amounts to approximately **** billion U.S. dollars. The market has grown continuously during the last decade. In terms of units, the leading bakery café chain is Panera Bread. With ***** establishments in the U.S., Panera Bread has more than ***** times as many establishments as its biggest competitor, Einstein Bros. Bagels. The number of employees in the bakery café sector in the U.S. is approximately ***** thousand.

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Bakery Products Market Size 2025-2029

The bakery products market size is valued to increase USD 270.9 billion, at a CAGR of 7.4% from 2024 to 2029. Increasing retail value sales of private-label bakery products will drive the bakery products market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 35% growth during the forecast period.
By Distribution Channel - Offline segment was valued at USD 403.50 billion in 2023
By Product - Bread and rolls segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 76.47 billion
Market Future Opportunities: USD 270.90 billion
CAGR : 7.4%
APAC: Largest market in 2023

Market Summary

The market encompasses a diverse range of baked goods, including bread, cakes, pastries, and biscuits, among others. This dynamic market is driven by several key factors, with increasing retail value sales of private-label bakery products being a significant trend. According to market research, private-label bakery products accounted for over 30% of the global bakery market share in 2020. However, the market also faces challenges, such as the volatility of raw material prices, which can impact production costs. In the realm of technology, automation and robotics are increasingly being adopted to enhance production efficiency and improve product quality.
Meanwhile, the application of natural and organic ingredients is gaining traction as consumers seek healthier options. The online presence of bakery product companies is another evolving trend, with e-commerce platforms providing a new avenue for sales growth. Despite these opportunities, regulatory compliance remains a crucial consideration, with stringent food safety regulations shaping market dynamics. Overall, the market continues to evolve, presenting both challenges and opportunities for stakeholders.

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

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How is the Bakery Products Market Segmented and what are the key trends of market segmentation?

The bakery products 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.

Distribution Channel

  Offline
  Online


Product

  Bread and rolls
  Cakes and pastries
  Cookies
  Others


Consumer Type

  Household/Retail
  Commercial/Foodservice


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

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

In the market, sensory evaluation plays a pivotal role in ensuring product quality and consumer satisfaction. Packaging materials, a crucial aspect of product preservation, are continually evolving to maintain hygiene standards and extend shelf life. Crumb structure, a significant factor in the baking process, is optimized through various leavening agents and baking efficiency techniques. Mixing techniques and dough rheology are essential for achieving the desired texture and consistency. Water activity, a critical parameter in microbial spoilage prevention, is meticulously controlled during production. Process optimization and gluten development are key areas of focus for improving baking ingredient efficiency and crust formation.

Yield improvement and oven temperature control are essential for maintaining profitability and reducing energy consumption. The bread making process is increasingly automated through advanced systems, including batch mixing and continuous mixing. Ingredient interactions and waste reduction strategies are essential for minimizing costs and ensuring food safety regulations are met. Production scheduling and quality control testing are integral parts of maintaining a consistent product and meeting customer demands. Dough conditioning and ingredient cost analysis are ongoing considerations for bakers seeking to optimize their operations. Shelf life extension and ingredient sourcing are critical factors in maintaining customer loyalty and staying competitive.

The baking industry is continuously evolving, with a focus on improving processing parameters, flour quality parameters, and fermentation processes. Proofing techniques and product traceability are essential for maintaining product quality and ensuring consumer trust. According to recent industry reports, The market is expected to grow by 12.5% in the next year, driven by increasing consumer demand for conveni

The North American bakery product market revenue is projected to reach from USD 112.67 billion in 2025 to USD 174.79 billion by 2033, growing at a CAGR of 5% during the forecast period (2025-2033).
Report Scope:

The North America bakery products market, valued at $101.71 billion in 2025, is projected to experience steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 2.04% from 2025 to 2033. This growth is fueled by several key drivers. The increasing demand for convenient and on-the-go breakfast and snack options is significantly boosting consumption of bakery items like pastries, biscuits, and morning goods. Furthermore, evolving consumer preferences towards healthier and artisanal bakery products are creating new market segments and driving innovation within the industry. The rising popularity of online retail channels also contributes to market expansion, offering greater accessibility and convenience to consumers. However, the market faces certain challenges, including fluctuating raw material prices (particularly wheat and sugar), intense competition among established players and emerging brands, and growing health consciousness leading to a shift towards low-sugar and low-calorie options. Segmentation reveals a diverse market landscape. Cakes and pastries hold a significant share of the product type segment, while supermarkets and hypermarkets dominate the distribution channel. Geographically, the United States represents the largest market within North America, followed by Canada and Mexico. Key players like Mondelez International, Kellogg's, and Grupo Bimbo are aggressively competing through product diversification, strategic partnerships, and expansion into new markets. The forecast period (2025-2033) anticipates continued growth, albeit at a moderate pace. This growth will be influenced by factors such as economic conditions, consumer spending patterns, and evolving dietary habits. The market's performance will likely see regional variations, with the United States experiencing slightly higher growth compared to Canada and Mexico due to its larger population and higher per capita consumption of bakery products. Successful players will need to adapt to changing consumer demands by focusing on product innovation, sustainable sourcing practices, and effective marketing strategies targeting specific demographic segments. The focus on healthy and convenient options will continue to be paramount for maintaining market share and achieving sustained growth in the coming years. The incorporation of innovative technologies in production and distribution, along with efficient supply chain management will also play a crucial role in shaping the market's future. Recent developments include: May 2024: Bimbo Bakeries USA, a subsidiary of Grupo Bimbo SAB de CV, added Hawaiian bakery bread and buns to its Sara Lee Artesano portfolio. The two new bread products are made without any artificial flavors, preservatives, or high-fructose corn syrup., January 2024: New Jersey’s Bread manufacturer Anthony & Sons Bakery Inc. launched the Avocado Bread Company brand, making it the first bakery to utilize avocados in the line of plant-based innovations., December 2023: COBS Bread started its third US bakery in Merrick, New York. This was among the first of many in Long Island., January 2023: Bimbo Bakeries USA brand Sara Lee launched a new white bread made with veggies. According to the company's claim, the product is baked with the equivalent of one cup of veggies per loaf and fortified with vitamins A, D, and E., January 2023: The Campbell Soup Company revealed that the Camden headquarters of the company would house the snacks offices located in Charlotte, North Carolina, and Norwalk, Connecticut. The corporation revealed its plans to spend over USD 50 million over the following three years to upgrade its Camden facilities, which would be relocated to its refurbished site.. Key drivers for this market are: Continuous Product Innovations Aiding Market Growth, Hectic Schedules Fuels Bakery Products Sales Among Consumers. Potential restraints include: Continuous Product Innovations Aiding Market Growth, Hectic Schedules Fuels Bakery Products Sales Among Consumers. Notable trends are: Demand For Convenient and Healthy Snacking is Impacting the Demand for Morning Goods.

The South America Bakery Products Market Report is Segmented by Product Type (Bread, Cakes and Pastries, Biscuits/Cookies, Morning Goods, Other Product Types), Form (Fresh, Frozen), Category (Conventional, Free-Form), Distribution Channel (On-Trade Channel, Off-Trade Channel), and Geography (Brazil, Argentina, Colombia, Chile, Peru, Rest of South America). The Market Forecasts are Provided in Terms of Value (USD) and Volume (Unit).

The global Latin America bakery product market size was valued at USD 9.19 billion in 2024 and is projected to reach from USD 9.69 billion in 2025 to USD 14.75 billion by 2033, growing at a CAGR of 5.4% during the forecast period (2025-2033).
Report Scope:

The Fresh Bread and Bakery Goods Wholesaling industry in the United States has remained a vital part of the nation’s food distribution network, sustained by steady consumer demand for bread, pastries and specialty baked goods. Over the past year, the market has continued to adapt to evolving consumer preferences, with growth in artisanal, organic and freshly baked products. Despite competition and rising input costs, wholesalers have benefited from renewed interest in locally produced and minimally processed baked goods, as well as the expansion of retail bakery sections in grocery stores that emphasize quality and freshness. Fresh bread and bakery goods wholesaler revenue is anticipated to rise at a CAGR of 1.5% over the five years to 2025 to reach $73.1 billion, despite dropping an estimated 0.1% in 2025 alone. During the past five years, the industry experienced both consolidation among major distributors and the emergence of nimble new entrants specializing in niche bakery products. Shifting consumer attitudes toward health and authenticity have reshaped product portfolios and distribution strategies, prompting wholesalers to collaborate with artisan bakers and invest in efficient logistics systems to ensure product freshness. Growth in clean-label, gluten-free and high-fiber bread has also encouraged reformulation across the supply chain, allowing wholesalers to cater more effectively to wellness-focused buyers while maintaining consistent delivery performance. These developments reflect a maturing industry that balances tradition and innovation to remain relevant in a dynamic marketplace. Looking ahead, the industry is poised for moderate yet steady expansion as the economic recovery drives higher consumer spending and companies continue to invest in technology, sustainability and supply chain resilience. Wholesalers are expected to leverage digital ordering platforms, route optimization and automation to streamline operations and enhance reliability across customer channels. Demand for environmentally responsible packaging and locally sourced ingredients will continue to shape business strategies, prompting distributors to adopt greener logistics and more transparent sourcing practices. This combination of efficiency, innovation and sustainability will underpin the industry’s future growth, reinforcing its critical role in supporting the nation’s food retail and hospitality sectors. Overall, revenue is expected to expand at a CAGR of 1.0% over the next five years to reach $76.8 billion in 2030.

The global bakery product market is projected to grow from USD 253.4 billion in 2025 to USD 367.9 billion by 2035, registering a CAGR of 3.8%.

North America's Bakery Products market has the fastest growth in the market in 2023 and accounted for a share of more than 34% of the global revenue due to several variables.

Global bakery goods manufacturing has nearly stagnated in recent years because of numerous challenges. Demand for bakery products has risen slowly in the mature markets of Western Europe and North America, prompting manufacturers to seek opportunities in higher-growth regions. These have been sufficient to offset the overall revenue contraction. Through the end of 2025, revenue for global bakery goods manufacturers is expected to inch up at a CAGR of 1.6% to reach $466.8 billion, with a 1.0% boost in revenue expected in 2025 and profit will likely increase from 2.9% in 2020 to 3.2% in 2025. While demand for industry products has stagnated in saturated markets, growing demand for these goods in emerging and developing countries has helped manufacturers in these regions achieve organic growth. Rising disposable income levels in South America, where per capita bread consumption is exceptionally high, have enabled consumers to purchase more packaged baked goods. Similarly, shifting consumer tastes in China, accompanied by rising incomes, have caused Chinese consumers to gravitate toward packaged bakery goods. While bread is not a staple food item in North Asian countries, more consumers have begun incorporating sweetbreads into their daily diets. Bakery goods manufacturers will strengthen over the next five years, supported by industry growth in emerging markets. As consumers worldwide obtain greater discretionary income, the leading global bread and bakery goods manufacturers will likely expand operations in Asia, the Middle East, Eastern Europe and Africa, driving the industry's growth in these regions. While demand for traditional baked goods is expected to stagnate in mature markets, producers will likely focus on introducing a greater variety of premium products in Western Europe and North America. Over the next five years, global bakery manufacturers' revenue is expected to expand at a CAGR of 1.7% to reach $506.9 billion in 2030.

The Bakery Products Market is Segmented by Product Type (Bread, Cakes & Pastries, Biscuits/Cookies, Morning Goods, Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience & Grocery Stores, Specialty Bakery Stores, Online Retail & D2C, Other Channels), Form (Fresh, Frozen), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

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Specialty Bakery Market Size 2025-2029

The specialty bakery market size is forecast to increase by USD 16.21 billion, at a CAGR of 4.6% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing demand for functional ingredients in baked goods. Consumers are increasingly seeking bakery products that offer added health benefits, leading to a surge in demand for functional ingredients such as protein, fiber, and vitamins. Furthermore, the trend toward organic and gluten-free options continues to gain momentum, presenting both opportunities and challenges for specialty bakeries. On the one hand, catering to these consumer preferences can help differentiate brands and attract a loyal customer base. On the other hand, ensuring the availability of high-quality organic and gluten-free ingredients and maintaining production efficiency can be complex and costly.
However, the market faces a potential challenge in the form of declining popularity of specialty bakery products. With the rise of convenience foods and busy lifestyles, consumers are increasingly opting for quick and easy meal solutions. This trend, coupled with the high price point of specialty bakery items, could limit market growth. To navigate this challenge, specialty bakeries must focus on innovation and differentiation, offering unique and high-value products that cater to specific consumer needs and preferences. Additionally, implementing efficient production processes and exploring alternative distribution channels, such as e-commerce, can help maintain competitiveness and reach a broader customer base.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with dynamic market activities unfolding across various sectors. Retail bakeries are prioritizing food safety standards and product presentation to attract customers. Danish pastries and other intricately designed pastry items are gaining popularity, necessitating advanced baking techniques and high-quality ingredients. Community involvement and charitable giving are essential components of brand development, as consumers increasingly seek authentic and socially responsible businesses. Pricing strategies are being reevaluated to balance affordability and profitability, with staff training and social media marketing becoming crucial tools for customer engagement. Sustainability practices, such as energy efficiency and waste reduction, are becoming industry standards, driving innovation in baking equipment and packaging materials.

Seasonal offerings, including organic baking ingredients and limited-edition products, cater to consumer trends and generate excitement. Artisan bread and specialty desserts, such as wedding cakes, require unique baking techniques and high-quality ingredients, making ingredient sourcing and supplier relationships essential. Expansion strategies, including franchise opportunities and wholesale baking, require careful financial projections and HACCP compliance. Business models are evolving to accommodate online ordering and delivery services, while natural leaven and sourdough starter are gaining recognition for their health benefits and unique flavor profiles. Corporate social responsibility, awards recognition, and decorating tools are becoming essential components of a successful bakery business.

The food service industry and restaurant supply companies offer valuable resources for bakeries looking to optimize their operations and improve texture consistency. Flour mills and sugar refineries are essential partners in ensuring ingredient quality, while trade shows and baking competitions provide opportunities for learning and networking. Profitability analysis, store layout, and ingredient sourcing are critical components of a sustainable and profitable bakery business. Bakeries that prioritize these areas and adapt to evolving market trends will thrive in this dynamic and ever-changing industry.

How is this Specialty Bakery Industry segmented?

The specialty bakery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Application

  Specialty bread
  Specialty cakes and pastries
  Specialty cookies
  Specialty crackers and pretzels
  Others


Product Type

  Gluten-free products
  Vegan and plant-based offerings
  Allergen-free products
  Organic products


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    Ch

The United States (US) Frozen Bakery Products Market size is expected to reach $9.2 Billion by 2030, rising at a market growth of 5.0% CAGR during the forecast period. In the year 2022, the market attained a volume of 625.4 Kilo Tonnes, experiencing a growth of 4.9% (2019-2022). The frozen bakery

The size of the North America Bakery Products Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 2.08% during the forecast period. Recent developments include: In February 2023, Hostess Brands Inc Introduced the new Hostess Kazbras, a candy-bar snack cake mashup that combines different layers of cake, cream, candy crunch, and caramel., In January 2023, Bimbo Bakeries United States brand Sara Lee launched new white bread made with veggies. According to the company's claim, the product is baked with the equivalent of one cup of veggies per loaf and fortified with vitamins A, D, and E., In January 2023, the Campbell Soup Company revealed that the Camden headquarters of the company was about to house the snacks offices currently located in Charlotte, North Carolina, and Norwalk, Connecticut. The corporation revealed its plans to spend over USD 50 million over the following three years to upgrade its Camden facilities, which were about to be situated on its refurbished site.. Key drivers for this market are: Innovation in Vanillin Synthesis, Diverse Functionality of Vanillin In End-use Industries. Potential restraints include: Supply Chain Variability Impacting Vanilla Bean Availability For Flavor Production. Notable trends are: Demand For Convenient and Healthy On-The-Go Snacking.

This statistic shows the revenue of the industry “bread and bakery product manufacturing“ in the U.S. from 2012 to 2017, with a forecast to 2024. It is projected that the revenue of bread and bakery product manufacturing in the U.S. will amount to approximately **** billion U.S. Dollars by 2024.

The Latin America bakery products market was valued at USD 8.16 Billion in 2024. The market is expected to grow at a CAGR of 1.50% during the forecast period of 2025-2034. Growing demand for private-label baked goods across Brazil and Mexico, driven by retail consolidation and price-sensitive consumers, is prompting bakeries to expand in-store production and partner with supermarket chains for exclusive offerings, aiding the market to reach a value of USD 9.47 Billion by 2034.

The revival of indigenous grains such as amaranth, quinoa, and chia is a significant factor pushing the growth of the Latin America bakery products market. Artisanal bakers incorporate these traditional ingredients into breads and pastries, appealing to health-focused consumers seeking authentic, nutrient-rich alternatives. This trend not only reconnects modern diets with cultural heritage but also supports local farming communities and biodiversity. Particularly strong in Peru and Mexico, this revival is turning traditional grains into premium bakery staples with growing domestic and export demand.

Government-led nutrition programmes are also reshaping the market dynamics. Mexico’s “Estrategia Nacional para la Prevención y el Control del Sobrepeso, la Obesidad y la Diabetes” has led to reformulations in bakery items, compelling firms to develop healthier, wholegrain alternatives. Chile, on the other hand, enforces front-of-package warning labels, prompting R&D in low-sugar, fortified options. Such a regulatory environment is sparking innovation and repositioning baked goods as nutritious snack solutions.

Brazil continues to anchor regional demand, while Mexico and Argentina witness growing premium bakery products consumption. The rise of health-conscious urban millennials is causing a notable shift towards low-carb, fortified, and gluten-free bakery variants. Additionally, significant investment is also flowing in from foreign food-tech firms. For instance, Grupo Bimbo announced a USD 150 million investment to introduce 4000 electric vehicles for its Latin American operations.

In recent years, bakery cafes have been blending the taste quality of full-service establishments with the speed and cost-effectiveness of fast-food eateries. A particular draw for customers has been the increasing health-conscious and customizable options available on the menus of these establishments. Their success has relied on disposable income and consumer spending, which have been fueled by a gradual increase in these areas. Over the five years to 2025, industry revenue has expanded an annualized 1.4% to $17.8 billion, seeing a marginal uptick of 1.1% in 2025 alone. A noteworthy transformation in the industry landscape is the consolidation of three of the four largest companies under the ownership of the JAB Holding Company. JAB implemented an aggressive merger and acquisition strategy. This resulted in the acquisition of Bruegger's Enterprises Inc., Panera Bread Company and ABP Corporation. JAB essentially reinforced the franchise model, allowing for the growth of independently operated, small establishments under the banner of the well-known brand names they acquired. This consolidation presents a dual-sided effect. On one hand, larger companies stand to gain from having access to more resources, thereby boosting their franchise operations. On the other hand, smaller cafes are teetering on the edge of competing with the reach and marketing prowess of the major chains. Afterward, the smaller establishments will be forced to carve out specializations. The industry's evolution indicates a trend towards more specialty shops offering high-end delicacies like cupcakes and macaroons. There's also an expected climb in cafes expanding into the breakfast market, with sandwiches, bagels and coffee on offer. The ripple effect of these changes is poised to positively impact revenue and profit, with the industry set to witness a 1.2% annualized increase, taking its projected revenue to an estimated $18.9 billion over the five years 2030.

The North America Fortified Bakery Products Market report segments the industry into Product Type (Cake, Biscuits, Bread, Morning Goods, Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Online Retail Stores, Other Distribution Channels), and Geography (United States, Canada, Mexico, Rest of North America). Get five years of historical data alongside five-year market forecasts.

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The bakery market share is expected to increase by USD 165.49 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 6.12%.

This bakery market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (bread and rolls, cakes and pastries, cookies, and others) and geography (APAC, Europe, North America, South America, and MEA). The bakery market report also offers information on several market vendors, including Associated British Foods Plc, Britannia Industries Ltd., Campbell Soup Co., Flowers Foods Inc., Grupo Bimbo SAB de CV, JAB Holding Co. Sarl, Kellogg Co., Mondelez International Inc., Warburtons Ltd., and Yamazaki Baking Co. Ltd. among others.

What will the Bakery Market Size be During the Forecast Period?

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Bakery Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rising urbanization and changing consumer lifestyles are notably driving the bakery market growth, although factors such as fluctuating raw material prices may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the bakery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Bakery Market Driver

The rising prominence of in-store bakeries in supermarkets is one of the major factors driving the bakery market growth across the globe. In-store bakeries offer a substantial range of fresh-baked products, whole-grain bread, and specialty bakery products such as parbaked, pre-baked, or bake-off range of products. Consumers prefer in-store bakeries, situated in supercenters and clubhouses, as one-stop destinations because of the freshness and quality of their products. Spices and seasonings play a crucial role in enhancing the flavor profile of baked goods, offering a diverse range of tastes and aromas that elevate the quality and appeal of various pastries and bread. Supermarkets and hypermarkets are introducing their in-store bakeries, which produce private label bakery products and sell them at lower prices. Subsequently, they have become a preferred option among price-conscious customers.

Key Bakery Market Trend

The growing demand for organic and gluten-free products is one of the significant bakery market trends expected to stimulate market growth in the coming years. Health-conscious consumers prefer organic baking products and ingredients such as aluminum-free baking powder, gluten-free flour, and organic baking flour. Several market vendors are launching new products in organic variants to capitalize on this opportunity. Organic coconut flour, whole-wheat, and multigrain-based products are gaining popularity. Gluten-free banana bread, gluten-free sorghum bread, and several other varieties of gluten-free bread are being launched to target customers with gluten allergies.

This bakery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Dynamics

Technavio categorizes the global bakery market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. The global packaged foods and meats products market covers manufacturers or food processing vendors that are involved in food processing to eliminate microorganisms and to extend the shelf life of packaged food.

Who are the Major Bakery Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

Associated British Foods Plc
Britannia Industries Ltd.
Campbell Soup Co.
Flowers Foods Inc.
Grupo Bimbo SAB de CV
JAB Holding Co. Sarl
Kellogg Co.
Mondelez International Inc.
Warburtons Ltd.
Yamazaki Baking Co. Ltd.

This statistical study of the bakery market encompasses successful business strategies deployed by the key vendors. The bakery market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

Campbell Soup Co. - In April 2020, the company's snack brand, Goldfish, partnered with America's hot sauce brand, Franks RedHot, in order to create a spicier version of the crackers called Goldfish Franks RedHot crackers.
Grupo Bimbo SAB de CV - In August