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A bakery is an establishment that produces and sells flour-based food baked in an oven such as bread, cookies, cakes, pastries, and pies. Some retail bakeries are also cafés, serving coffee and tea to customers who wish to consume the baked goods on the premises.
The increasing demand for bakery drives the market. Availability of foods at reasonable prices, variety of products, rapid urbanization, hectic lifestyles, health benefits and the convenience of baked products are key factors contributing to the growth of market. Increasing preference for bread, rolls, cakes and pastries, pies, cookies, crackers, pretzels and tortillas is expected to augment demand over the forecast period. Europe dominates the global bakery market and is expected to be the highest revenue contributor until the end of 2020. The European bakery industry is a traditional one with many established bakers and bakery chains that follow traditional artisanal practices and also align with modern-day requirements.
Market Analysis and Insights: Global Bakery Market
The global Bakery market size is projected to reach US$ 77580 million by 2027, from US$ 65080 million in 2020, at a CAGR of 2.5% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Bakery market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Bakery market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Bakery market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Bakery market.
Global Bakery Scope and Market Size
Bakery market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Bakery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Bread and Rolls
Cakes and Pastries
Cookies
Others
Segment by Application
Hyper Markets
Super Markets
Convenience Stores
Departmental Stores
Specialty Stores
Online Purchase
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Bahlsen
Allied Bakeries
Barilla Holding Societa per Azioni
Bakers Delight
Britannia Industries
Dunkin' Donuts
Bruegger's Enterprises
Einstein Noah Restaurant Group
Flowers Foods
Nestlé
Mondelez International
Finsbury Food Group
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