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Bakery Products Market Share

Report ID: GMI6818
Published Date: Sep 2023
Report Format: PDF

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Bakery Products Market Share

Some of the major companies operating in the bakery products market are

Grupo Bimbo
Finsbury Food Group
Yamazaki Baking
Associated British Foods
Mondelez International
General Mills
Nestlé
Kellogg Company
Conagra Brands
Aryzta
Campbell Soup Company
Hostess Brands
Lantmannen Unibake
McKee Foods
Britannia Industries

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of bakery products reached USD 234.5 billion in 2022 is set to cross USD 356 billion by the end of 2032, due to the changing consumer preferences, urbanization, and fast pace of modern life.

The gluten-free specialty type held around 26% of the market share in 2022, owing to the heightened health consciousness and dietary restrictions.

U.S. market size was valued at USD 42.2 billion in 2022, driven by diverse consumer preferences, changing tastes, and the continued demand for bakery ingredients.

Grupo Bimbo, Finsbury Food Group, Yamazaki Baking, Associated British Foods, Mondelez International, General Mills, Nestlé, Kellogg Company, Conagra Brands, Aryzta, Campbell Soup Company, Hostess Brands, and McKee Foods are few bakery product providers