Baked Goods Market size to Grow by USD 165.49 Bn | The rising prominence of in-store bakeries in supermarkets to boost market growth | Technavio
NEW YORK, March 15, 2022 /PRNewswire/ -- Baked Goods Market Facts at a Glance-
NEW YORK, March 15, 2022 /PRNewswire/ -- Baked Goods Market Facts at a Glance-
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According to the recent market study by Technavio, the Baked Goods Market is expected to increase by USD 165.49 billion from 2020 to 2025, at an accelerated CAGR of 6.12%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
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Top 3 Vendor Analysis of Baked Goods Market
The Baked Goods Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market. Companies are employing mergers, expansions, acquisitions, and partnerships, as well as new product development, as strategic tactics to increase their brand visibility.
Associated British Foods Plc
Associated British Foods Plc operates its business through segments such as Grocery, Sugar, Agriculture, and Retail. The key offerings of the company include a range of bakery products such as muffins, doughnuts, garlic bread, and bread under its brand name Speedibake.
Britannia Industries Ltd.
Britannia Industries Ltd. operates its business through the Foods segment. The company offers a wide range of bakery products such as biscuits, breads, cakes, and rusks.
Campbell Soup Co.
Campbell Soup Co. operates its business through the Snacks segment. The company offers a wide range of bakery products such as breads, buns, rolls, cookies, crackers, and cakes through its Pepperidge Farm brand.
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Bakery Market 2021-2025: Segmentation
Bakery market is segmented as below:
The bakery market is driven by the rising prominence of in-store bakeries. In addition, other factors such as the growing demand for organic and gluten-free products are expected to trigger the bakery market toward witnessing a CAGR of over 6% during the forecast period.
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Latest Drivers & Trends Driving the Market-
Organic baking products and components, such as aluminum-free baking powder, gluten-free flour, and organic baking flour, are preferred by health-conscious consumers. To take advantage of this opportunity, several market sellers are launching new organic variations of their products. Organic coconut flour, whole-wheat, and multigrain goods are becoming increasingly popular. Customers with gluten sensitivities will be able to purchase gluten-free banana bread, gluten-free sorghum bread, and a variety of other gluten-free bread variations.
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Baked Goods Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.12% |
Market growth 2021-2025 |
$ 165.49 billion |
Market structure |
Fragmented |
YoY growth (%) |
5.43 |
Regional analysis |
APAC, Europe, North America, South America, and MEA |
Performing market contribution |
APAC at 34% |
Key consumer countries |
US, China, Japan, Brazil, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
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. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market Characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Packaged foods and meats
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Primary processing
2.2.4 Secondary and tertiary processing
2.2.5 Outbound logistics
2.2.6 End-customers
2.2.7 Marketing and sales
2.2.8 Services
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ billion)
3.4.3 Impact of COVID-19 pandemic on consumer staples market
3.4.3.1 Short-term impact
3.4.3.2 Long-term impact
3.4.3.3 Recovery phase
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5. Market Segmentation by Product
5.1 Market segments
Exhibit 15: Product - Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Bread and rolls - Market size and forecast 2020-2025
Exhibit 17: Bread and rolls - Market size and forecast 2020-2025 ($ billion)
Exhibit 18: Bread and rolls - Year-over-year growth 2020-2025 (%)
5.4 Cakes and pastries - Market size and forecast 2020-2025
Exhibit 19: Cakes and pastries - Market size and forecast 2020-2025 ($ billion)
Exhibit 20: Cakes and pastries - Year-over-year growth 2020-2025 (%)
5.5 Cookies - Market size and forecast 2020-2025
Exhibit 21: Cookies - Market size and forecast 2020-2025 ($ billion)
Exhibit 22: Cookies - Year-over-year growth 2020-2025 (%)
5.6 Others - Market size and forecast 2020-2025
Exhibit 23: Others - Market size and forecast 2020-2025 ($ billion)
Exhibit 24: Others - Year-over-year growth 2020-2025 (%)
5.6.1 Impact of COVID-19 pandemic on product segment
5.7 Market opportunity by Product
Exhibit 25: Market opportunity by Product
6. Customer landscape
6.1 Customer landscape
Exhibit 26: Customer landscape
7. Geographic Landscape
7.1 Geographic segmentation
Exhibit 27: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 28: Geographic comparison
7.3 APAC - Market size and forecast 2020-2025
Exhibit 29: APAC - Market size and forecast 2020-2025 ($ billion)
Exhibit 30: APAC - Year-over-year growth 2020-2025 (%)
7.4 Europe - Market size and forecast 2020-2025
Exhibit 31: Europe - Market size and forecast 2020-2025 ($ billion)
Exhibit 32: Europe - Year-over-year growth 2020-2025 (%)
7.5 North America - Market size and forecast 2020-2025
Exhibit 33: North America - Market size and forecast 2020-2025 ($ billion)
Exhibit 34: North America - Year-over-year growth 2020-2025 (%)
7.6 South America - Market size and forecast 2020-2025
Exhibit 35: South America - Market size and forecast 2020-2025 ($ billion)
Exhibit 36: South America - Year-over-year growth 2020-2025 (%)
7.7 MEA - Market size and forecast 2020-2025
Exhibit 37: MEA - Market size and forecast 2020-2025 ($ billion)
Exhibit 38: MEA - Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 39: Key leading countries
7.9 Market opportunity by geography
Exhibit 40: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Market drivers
8.1.1 Rising urbanization and changing consumer lifestyles
8.1.2 Increased snacking and indulgence consumption
8.1.3 Rising prominence of in-store bakeries in supermarkets
8.2 Market challenges
8.2.1 Fluctuating raw material prices
8.2.2 Growing health concerns about diabetes and obesity
8.2.3 Stringent government regulations
Exhibit 41: Impact of drivers and challenges
8.3 Market trends
8.3.1 Increasing demand for organic and gluten-free baked goods
8.3.2 Innovations in baked goods
8.3.3 Increasing online presence of baked goods vendors
9. Vendor Landscape
9.1 Overview
Exhibit 42: Vendor landscape
9.2 Landscape disruption
Exhibit 43: Landscape disruption
Exhibit 44: Industry risks
10. Vendor Analysis
10.1 Vendors covered
Exhibit 45: Vendors covered
10.2 Market positioning of vendors
Exhibit 46: Market positioning of vendors
10.3 Associated British Foods Plc
Overview
Business segments
Key offerings
Segment focus
10.4 Britannia Industries Ltd.
Overview
Product and service
Key offerings
10.5 Campbell Soup Co.
Overview
Business segments
Key news
Key offerings
Segment focus
10.6 Flowers Foods Inc.
Overview
Business segments
Key news
Key offerings
10.7 Grupo Bimbo SAB de CV
Overview
Business segments
Key news
Key offerings
Segment focus
10.8 JAB Holding Co. Sarl
Overview
Product and service
Key news
Key offerings
10.9 Kellogg Co.
Overview
Business segments
Key news
Key offerings
Segment focus
10.10 Mondelez International Inc.
Overview
Business segments
Key news
Key offerings
Segment focus
10.11 Warburtons Ltd.
Overview
Product and service
Key news
Key offerings
10.12 Yamazaki Baking Co. Ltd.
Overview
Business segments
Key offerings
Segment focus
11. Appendix
11.1 Scope of the report
11.1.1 Market Definition
11.1.2 Objectives
11.1.3 Notes and caveats
11.2 Currency conversion rates for US$
Exhibit 90: Currency conversion rates for US$
11.3 Research Methodology
Exhibit 91: Research Methodology
Exhibit 92: Validation techniques employed for market sizing
Exhibit 93: Information sources
11.4 List of abbreviations
Exhibit 94: List of abbreviations
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