Market Research Future adds new report of “Global Fortified Bakery Market Research Report- Forecast till 2023” it contains Company information, geographical data and Table of Content
Market Synopsis of Bakery market:
Bakery products are items which are baked by dry heat in oven, packed in aseptic packaging material. These products are of huge consumption due to high nutrient value and affordability. Because of rapid population rise, the emergence of a female working population, the rising foreign influence, and the fluctuating eating habits of people, they have gained popularity among people, contributing significantly in the growth of the bakery industry. Fortified Bakery market offer diverse range of products, enriched with various nutrients. Fortified bakery products come in various types such as cakes, cookies, biscuits, cupcakes, pancakes, and others. Bakery products also come in a spectrum of varieties such as gluten free, organic, sugar free, low-calories, fortified, and others. Gluten free bakery products, owing to its various health benefits, are preferred by the consumers.
With the growing consumer awareness & their increasing interest in healthy lifestyle, the demand for healthy bakery products has increased. In addition to the changing lifestyle, the growing demand for healthy bakery products is anticipated to drive the bakery market. Furthermore, growing health awareness and various weight reduction diet trends will fuel the sales of gluten free, and low-calorie bakery products. These factors will support the growth of bakery market during the forecast period 2017-2023.
- Awareness about healthy lifestyle has urged the growth of nutritious fortified bakery products in developing countries
- The market growth in Asia-Pacific is high compared to North America and Europe
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Bakery market has been segmented as
- On the basis of Type including cake & cheesecake, bread & rolls, doughnuts & muffins, biscuits & cookies, cupcakes & brownies, pancakes & waffles, pies & tarts, sandwiches & wraps
- On the basis of Form including fresh, frozen, instant mixes
- On the basis of Nutrients including minerals, vitamins, and others, and on the basis of special type including gluten free, low-calories, sugar free.
Bakery products dominates the market, however due to rising health awareness, gluten free bakery products is projected to grow at the highest CAGR.
Study objectives of bakery market:
- Deep dive study of the market segments and sub-segments
- To estimate and forecast market size by type, form, nutrients, special type and region
- To analyze the key driving forces influencing the market
- Region level market analysis and market projections for North America, Europe, Asia, and Rest of the World (ROW) and their countries
- Value Chain Analysis & Supply Chain Analysis
- Company profiling of major players in the market
- Competitive strategy analysis, mapping of key stakeholders in the market
- Analysis of historical market trends, and technologies, and current government regulatory requirements
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The key players profiled in the bakery market are as
- Puratos (Europe)
- Lewis Brothers (U.S.)
- Grupo Bimbo (Mexico)
- Britannia Industries Ltd. (India)
- Nestle (Europe)
- Sara Lee Bakery Group (U.S.)
- Flowers Foods (U.S.)
- Bakery products manufacturers
- Retailers, wholesalers
- E-commerce companies
- Traders, importers and exporters
The global bakery market is segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW). Among this, Asia Pacific region has major market share followed by North America. Growing population, changing consumption pattern, rising health awareness, and rising disposable income in Asia Pacific region are anticipated to drive the demand for bakery products in that particular region.
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The Bakery market is segmented under the following regions mentioned below:
- Rest of Europe
- Rest of Asia Pacific
Rest of the world
- South Africa
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