Global Bakery Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Bread & rolls, Cakes & pastries, Cookies and Others.

By Distribution Channel;

Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Online Retail Stores and Other Distribution Channels

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn253501719 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Bakery Market (USD Million), 2021 - 2031

In the year 2024, the Global Bakery Market was valued at USD 543.60 million. The size of this market is expected to increase to USD 828.23 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.

The global bakery market encompasses a wide range of products, including bread, cakes, pastries, cookies, and other baked goods. It is a dynamic and evolving industry driven by consumer preferences, dietary trends, and innovations in baking technology. The market has witnessed significant growth over the years due to the increasing demand for convenient and ready-to-eat food products. Baked goods are staple items in many households, and their consumption is deeply rooted in cultural and traditional practices worldwide.

One of the key factors contributing to the growth of the global bakery market is the rising urbanization and busy lifestyles of consumers. With less time available for meal preparation, there is a growing preference for convenient and quick meal options. This trend has led to an increased demand for packaged bakery products, which are perceived as convenient and time-saving. Moreover, the expansion of retail chains and supermarkets has made bakery products more accessible to consumers, further driving market growth.

Innovation in product offerings is another significant driver of the bakery market. Manufacturers are continuously introducing new and healthier options, such as gluten-free, whole grain, and low-sugar products, to cater to health-conscious consumers. Additionally, advancements in baking technology have enabled the production of high-quality bakery items with extended shelf life. The integration of automated processes and equipment has also enhanced production efficiency, allowing for the large-scale manufacturing of bakery products. These factors collectively contribute to the robust growth of the global bakery market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Bakery Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization surge
        2. Convenience demand
        3. Health trends
        4. Technological advancements
      2. Restraints
        1. Rising costs
        2. Health concerns
        3. Supply chain issues
        4. Regulatory compliance
      3. Opportunities
        1. Healthier options
        2. Emerging markets
        3. E-commerce growth
        4. Product innovation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Bakery Market, By Product, 2021 - 2031 (USD Million)
      1. Bread & rolls
      2. Cakes & pastries
      3. Cookies
      4. Others
    2. Global Bakery Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Hypermarkets/Supermarkets
      2. Convenience Stores
      3. Specialty Stores
      4. Online Retail Stores
      5. Other Distribution Channels
    3. Global Bakery Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Associated British Foods Plc
      2. Britannia Industries Ltd.
      3. Campbell Soup Co.
      4. Flowers Foods, Inc.
  7. Analyst Views
  8. Future Outlook of the Market