Bakery and Cereals Market Size and Analysis by Region, Health and Wellness, Distribution Channel and Packaging Formats; Competitive Landscape and Forecast, 2016-2026
The global bakery & cereals market size was $656.4 million in 2021. The market is expected to grow at a CAGR of more than 5% during the period 2021-2026. The Americas represented the largest region in 2021. The global bakery & cereals market research report provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions – Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe – highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
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What are the market dynamics in the global bakery & cereals market?
The COVID-19 induced heightened focus on healthy eating habits along with a growing number of consumers craving novel and exotic flavors has led to a greater search for specific nutrients such as fiber, whole grains, and superfoods, as well as unusual ingredients in the bakery & cereals sector.
Consumers today have become extremely selective when purchasing products in the sector, owing to health considerations. New products in the bakery & cereals sector are being launched with a plethora of health claims such as high in fiber, high in minerals, high in vitamins, no artificial colors, no genetic modification, and no preservatives.
The clean labeling trend, which places emphasis on the transparency of food products with reference to the ingredients used, is growing in the bakery & cereals sector. This is becoming increasingly common in new product launches, with labels claiming the use of natural, wholesome, and simple ingredients that are easy to recognize, in order to appeal to consumers.
What are the key categories in the global bakery & cereals market?
The key categories in the global bakery & cereals market are bread & rolls, cakes, pastries & sweet pies, cookies (sweet biscuits). Bread & rolls have the highest share in the global bakery & cereals market.
Global Bakery & Cereals Market Segmentation, by Categories
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What are the key regions in the global bakery & cereals market?
The key regions in the global bakery & cereals market are Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe. High potentials countries in the Asia-Pacific regions in the global bakery & cereals market are Vietnam, China, Japan, Singapore. High potentials country in the Middle East & Africa regions in the global bakery & cereals market is Israel. High potentials countries in the Americas region in the global bakery & cereals market are Chile, Canada, Argentina, and Brazil. High potentials countries in the Western Europe region in the global bakery & cereals market are the UK, Sweden, Switzerland, and Ireland. High potentials countries in the Eastern Europe region in the global bakery & cereals market are Poland, Turkey, Bulgaria, The Czech Republic.
Who are the key competitors in the global bakery & cereals market?
The key competitors in the global bakery & cereals market are Grupo Bimbo, S.A.B. de C.V., Mondelēz International, Inc, The Kellogg Company, General Mills, Inc, PepsiCo, and Artisanal Producers. Grupo Bimbo, S.A.B. de C.V has the highest market share in the global bakery & cereals market.
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Market report overview
| Market size 2021 | $656.4 million |
| CAGR% (2021-2026) | >5% |
| Key categories | Bread & Rolls, Cakes, Pastries & Sweet Pies, Cookies (Sweet Biscuits) |
| Key regions | Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe |
| Key competitors | Grupo Bimbo, S.A.B. de C.V., Mondelēz International, Inc, The Kellogg Company, General Mills, Inc, PepsiCo, and Artisanal Producers |
Scope
- Provides an overview of current industry scenario regarding the future outlook in terms of ingredients, product claims, labeling, and packaging. The analysis also covers regional overview across five regions – Asia-Pacific, Middle East & Africa, Americas, Western Europe, and Eastern Europe – highlighting industry size, growth drivers, latest developments, and future inhibitors for the regions.
Reasons to Buy
- Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
- The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
- The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
- To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates
Key Players
Table of Contents
List of Tables
List of Figures
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