DUBLIN--(BUSINESS WIRE)--The "Global Bakery Products Market 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global bakery products market attained a value of USD 331.37 billion in 2020. Aided by higher standards of living and shifting lifestyles, the market is projected to further grow at a CAGR of 4.6% between 2021 and 2026 to reach a value of almost USD 436.91 billion by 2026.
The global bakery products market is driven by the inflating disposable incomes of consumers in emerging nations. The growing awareness of the health concerns associated with the ingredients used in bakery products is propelling the market further.
Consumers are getting conscious about consuming healthier baked goods, which are, ideally, gluten-free, low in carbs, and have high fibre content. The growth of online bakery platforms has provided a significant boost to the growth of the market.
The rising demand for diversified products such as organic and gluten-free products will invigorate the market growth in the coming years. Hectic lifestyles and rapid urbanisation have made consumers lookout for convenient and ready-to-eat products, making the bakery products market prosperous.
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
- Finsbury Food Group Plc
- Bimbo Bakeries USA
- Britannia Industries
- Nestle SA
- Associated British Foods plc
- Mondelez International, Inc
- Bakers Delight Holdings
Market Segmentation
The market report analyses the market based on segmentations such as product type, distribution channel, and major regions.
Market Breakup by Product Type
- Biscuits
- Cookies
- Cream Biscuits
- Glucose Biscuits
- Marie Biscuits
- Non-Salt Cracker Biscuits
- Salt Cracker Biscuits
- Milk Biscuits
- Others
- Bread and Rolls
- Artisanal
- In-Store
- Packaged
- Cakes and Pastries
- Artisanal
- In-Store
- Packaged
- Rusks
- Artisanal
- In-Store
- Packaged
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Artisanal Bakeries
- Convenience Stores
- Independent Retailers
- Online
For more information about this report visit https://www.researchandmarkets.com/r/g2boa7
