Dublin, Aug. 13, 2021 (GLOBE NEWSWIRE) -- The "Bakery & Confectionary Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
The global bakery & confectionary market is expected to grow from $887.82 billion in 2020 to $938.97 billion in 2021 at a compound annual growth rate (CAGR) of 5.8%. The market is expected to reach $1221.28 billion in 2025 at a CAGR of 7%.
Major companies in the bakery and confectionery market include Grupo Bimbo; Finsbury Food Group; McKee Foods; Yamazaki Baking and BreadTalk Group.
The bakery and confectionery market consists of sales of bakery and confectionery by entities (organizations, sole traders and partnerships) that produce bakery and confectionery products. The companies in the bakery and confectionery industry process raw materials into bakery and confectionery, package and distribute them through various distribution channels to both individual customers and commercial establishments.
Some of the examples of bakery and confectionery products include breakfast cereals, breads, cookies, chocolates, gums, sugar confectionery and others. The bakery and confectionery market is segmented into breakfast cereal; sugar and confectionery products; bread and bakery products and cookie, cracker, pasta, and tortilla.
Asia Pacific was the largest region in the global bakery & confectionary market, accounting for 43% of the market in 2020. Western Europe was the second largest region accounting for 22% of the global bakery & confectionary market. Africa was the smallest region in the global bakery & confectionary market.
Confectionery manufactures are increasingly using natural flavors in confectionery products. Innovation has been key to the development of the confectionery market. According to the United States, Food and Drug Administration the term natural flavor or natural flavoring means the essential oil, oleoresin, essence or extractive, protein hydrolysate, distillate, or any product of roasting, heating or enzymolysis, which contains the flavoring constituents derived from a spice, fruit or fruit juice, vegetable or vegetable juice, etc. Using natural flavors manufacturers are imparting new and unique taste profiles in to their products.
For instance, Zaabar, Rococo Chocolates and Rozsavologyi Csokolade are manufacturing chocolate bars with cardamom flavoring.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Bakery & Confectionary Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Bakery & Confectionary Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Bakery & Confectionary Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Bakery & Confectionary Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Bakery & Confectionary Market Trends And Strategies
8. Impact Of COVID-19 On Bakery & Confectionary
9. Bakery & Confectionary Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Bakery & Confectionary Market Regional Analysis
10.1. Global Bakery & Confectionary Market, 2020, By Region, Value ($ Billion)
10.2. Global Bakery & Confectionary Market, 2015-2020, 2020-2025F, 2030F, Historic And Forecast, By Region
10.3. Global Bakery & Confectionary Market, Growth And Market Share Comparison, By Region
11. Bakery & Confectionary Market Segmentation
11.1. Global Bakery & Confectionary Market, Segmentation By Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Breakfast Cereal
- Sugar And Confectionery Products
- Bread And Bakery Products
- Cookie, Cracker, Pasta, And Tortilla
11.2. Global Bakery & Confectionary Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
- Supermarkets/Hypermarkets
- Convenience Stores
- E-Commerce
- Others
12. Bakery & Confectionary Market Segments
12.1. Global Breakfast Cereal Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Oats Breakfast Cereal; Grains Breakfast Cereal; Other Breakfast Cereal
12.2. Global Sugar And Confectionery Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Sugar; Confectionery Product
12.3. Global Bread And Bakery Products Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Bread; Cake And Pastries; Other Bread And Bakery Product
12.4. Global Cookie, Cracker, Pasta, And Tortilla Market, Segmentation By Type, 2015-2020, 2020-2025F, 2030F, Value ($ Billion) - Cookie and Cracker; Dry Pasta, Dough, and Flour Mixes; Tortilla
13. Bakery & Confectionary Market Metrics
13.1. Bakery & Confectionary Market Size, Percentage Of GDP, 2015-2025, Global
13.2. Per Capita Average Bakery & Confectionary Market Expenditure, 2015-2025, Global
Companies Mentioned
- Grupo Bimbo
- Finsbury Food Group
- McKee Foods
- Yamazaki Baking
- BreadTalk Group
For more information about this report visit https://www.researchandmarkets.com/r/3wer84
