PUBLISHER: The Business Research Company | PRODUCT CODE: 1674453
PUBLISHER: The Business Research Company | PRODUCT CODE: 1674453
Bread is a baked food crafted from a dough consisting of flour, water, yeast, and other optional ingredients. Bakery products encompass a broad spectrum of items made from flour or meal derived from various grains.
The main types within the category of bread and bakery products include bread, cakes and pastries, and other bread and bakery products. Bread, a fundamental food, is made by baking a mixture of flour (typically wheat) and water. Varieties include those made from whole wheat flour and multigrain flour. These products are distributed through various channels such as supermarkets and hypermarkets, convenience stores, e-commerce, and other distribution channels.
The bread and bakery products research report is one of a series of new reports from The Business Research Company that provides bread and bakery products statistics, including bread and bakery products industry global market size, regional shares, competitors with bread and bakery products share, detailed bread and bakery products segments, market trends and opportunities, and any further data you may need to thrive in the bread and bakery products industry. This bread and bakery products research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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.
The global population is on the rise and is projected to reach 10 billion by 2050. This growth in population translates to an increased demand for food. To meet the needs of the expanding population, there is an anticipation for a rise in the supply of materials used in the manufacturing and trade of bread and bakery products. Consequently, companies within this market are poised to benefit from the growing demand for bakery and confectionery items due to the increasing population during the forecast period.
The growing demand for online retail is expected to significantly boost the bread and bakery products market in the coming years. Online retail involves the buying and selling of goods and services over the internet, which enhances demand, accessibility, visibility, convenience, and competitive advantage for bread and bakery items. Consumers can easily add products to their digital shopping carts and complete purchases online. For instance, in April 2024, the European Commission reported that among individuals aged 16-74, 92% had used the internet in the past year, with 70% making online purchases-a 2% increase from 2022. Additionally, 75% of EU internet users bought items online in 2023, underscoring the ongoing growth of e-commerce. Therefore, the rising demand for online retail is driving the growth of the bread and bakery products market.
Bread and bakery product manufacturers are increasingly turning to social media for marketing purposes. With more consumers sharing their dining experiences on platforms such as Instagram, Pinterest, and Facebook, manufacturers in this sector are creating innovative and visually appealing bakery products to gain popularity. According to a study by Maru/Matchbox, 69% of millennials capture a photograph or video of their food before consuming it.
Leading companies in the bread and bakery products market are focusing on innovation to enhance profitability. An example is the introduction of new products such as Sara Lee Bread by the Sara Lee Corporation, a US-based food company. Launched in January 2023, Sara Lee Bread is a brand offering a variety of bread in different sizes, shapes, and flavors. The bread is made with real butter, sea salt, and a small amount of milk, providing a satisfying taste. Some of the bread products are sweet and delightful, crafted from a smooth blend of barley and oats. Additionally, each loaf of Sara Lee Bread contains one cup's worth of vegetables.
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, Lantmannen, 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
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.
The countries covered in the bread and bakery products market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
The bread and bakery products market consists of sales of rolls, loaves, burger buns, baguettes, sponge cakes, cupcakes, dessert cakes, crullers, knishes, pies, tarts. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Bread And Bakery Products Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on bread and bakery products market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for bread and bakery products ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The bread and bakery products market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.