Prioritizing Your Global Bakery Market To Get The Most Out Of Your Business

The bakery market size has the potential to grow by USD 116.14 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (bread and rolls, cakes and pastries, cookies, and others) and geography (North America, APAC, Europe, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 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.
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Market Competitive Analysis

The bakery market is fragmented. The rising prominence of in-store bakeries in supermarkets is expected to create ample growth opportunities for market vendors. JAB Holding Co. Sarl, Kellogg Co., Mondelez International Inc., Warburtons Ltd., and Yamazaki Baking Co. Ltd. are some of the major market participants. Although rising urbanization and changing consumer lifestyles will offer immense growth opportunities, fluctuating raw material prices will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this bakery market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this bakery market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
  • 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.
  • Yamazaki Baking Co. Ltd.

Bakery Market: Segmentation by Region

APAC was the largest bakery market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The expansion of global players in APAC through organic and inorganic organizational developments and increasing consumer demand for clean label bakery products will significantly influence bakery market growth in this region.
Over 34% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for bakery in APAC. Market growth in this region will be faster than the growth of the market in other regions.

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