Precision Business Insights has published a report on the global bakery products market, estimating its value at USD 248.95 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 3.0% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/bakery-products-market
The Bakery Products Market is the global industry that manufactures and sells baked goods such as bread, cakes, pastries, biscuits, cookies, crackers, specialized items including gluten-free and whole-grain options. It is a significant segment of the food and beverage industry, fueled by customer demand for convenient, nutritious, and indulgent foods.
Drivers:
- Rising demand for healthy, functional, and fortified bakery products
- Expansion of supermarkets, hypermarkets, and online retail boosts accessibility.
The global bakery products market segmentation:
1) By Product Type: Cake, Breads, Pastries, Doughnuts, Biscuits, Others
2) By Form: Fresh, Frozen, Others
3) By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, Specialty Stores, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the bakery products market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the bakery products market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Allied Bakeries Ltd., Bahlsen Gmbh & Co., Barilla Holding, Britannia Industries Ltd., Finsbury Food Group Plc, Grupo Bimbo S.A.B. DE C.V., Hostess Brands, Inc., Kellogg Co., Mcdonalds Corp., United Biscuits (UK) Ltd.
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