The Business Research Company’s report on the Bread And Bakery Products Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the bread and bakery products industry?
The world’s population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. Supply for materials used in bread and bakery product manufacturing and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for bakery and confectionery products due to the rising population during the forecast period.
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What is the estimated market size of the bread and bakery products sector by 2029, based on current forecasts?
The bread and bakery products market size has grown strongly in recent years. It will grow from $234.95 billion in 2024 to $249.69 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to cultural and regional influences, marketing and branding strategies, globalization of food culture, retailing trends and merchandising, economic factors and affordability.
The bread and bakery products market size is expected to see strong growth in the next few years. It will grow to $317.2 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to focus on healthier alternatives, sustainability practices, culinary fusion and exotic flavors, clean label and transparency, rise of artisanal and specialty bakeries. Major trends in the forecast period include sustainable and eco-friendly practices, innovation in sweet and savory combinations, local and seasonal ingredients, e-commerce and online bakery platforms, technological innovations in baking.
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#Who are the top players in the bread and bakery products market?
Major companies operating in the bread and bakery products market include Walker’s Shortbread Ltd., Cargill Inc., Archer Daniels Midland Company, George Weston ltd, Mondelez International Inc., Britannia Industries Ltd., Wm Morrison Supermarkets plc, Associated British Foods plc, Grupo Bimbo, General Mills Inc., Yildiz Holding Inc., S.A.B. de C.V., Yamazaki Baking Co. Ltd., Flowers Foods Inc., Bimbo Bakeries USA, Barilla Group, Lantmännen, ARYZTA AG, Tate & Lyle plc, Harry-Brot GmbH, Dawn Food Products, Finsbury Food Group Plc, McKee Foods Corporation, CSM Bakery Solutions, Wenner Bread Products Inc., Rich Products & Solutions Pvt. Ltd., Neri’s Bread & Bakery Products Inc., Damascus Bakeries Inc., Franz Bakery
#What are the major trends in the bread and bakery products market?
Economic factors and pricing trends are expected to halt the development of the bread and bakery products market. Increased operational costs, including salaries and technology investments, have pressured profit margins for many law firms. For instance, in September 2024, according to the U.S. Department of Agriculture (USDA), a US-based federal agency, cereal and bakery product prices are projected to increase by 0.4% in 2024, with an estimated range of -0.2% to 1.0%.
Which geography holds the highest bread and bakery products market share?
Asia-Pacific was the largest region in the bread and bakery products market in 2024. North America was the second-largest region in the bread and bakery products market. The regions covered in the bread and bakery products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the bread and bakery products market?
The bread and bakery products market covered in this report is segmented –
1) By Type: Bread, Cake And Pastries, Other Bread And Bakery Products
2) By Origin: Whole Wheat Flour, Multi Grain Flour
3) By Distribution Channel: Super markets Or Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
Subsegments:
1) By Bread: White Bread, Whole Wheat Bread, Multigrain Bread, Gluten-Free Bread
2) By Cake And Pastries: Layer Cakes, Muffins, Cupcakes, Puff Pastries
3) By Other Bread And Bakery Products: Biscuits And Cookies, Bagels, Breadsticks, Tortillas
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How is the bread and bakery products market defined, and what are its core characteristics?
Bread is a baked food made from a dough of flour, water, yeast, and other optional ingredients. Bakery products are defined as a wide range of products that are made from flour or meal derived from some form of grain.
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