Learn about the global bakery & confectionary market through The Business Research Company, which provides information on bakery & confectionary market size, bakery & confectionary market drivers and restraints, bakery & confectionary market players, the COVID-19 impact on the bakery & confectionary market, and more.

The global bakery and confectionary market size is expected to grow from $871.04 billion in 2021 to $950.72 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The bakery & confectionary market is expected to grow to $1,293.64 billion in 2026 at a CAGR of 8%.

An increase in population creates more demand for food. Therefore, companies in this market are expected to benefit from rising demand for bakery & confectionery products due to the rising population, during the forecast period.

Request A Sample For The Global Bakery & Confectionary Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=1898&type=smp

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, bread, cookies, chocolates, gums, sugar confectionery, and Other Distribution Channels. The bakery and confectionery market is segmented into breakfast cereal, sugar and confectionery products, bread and bakery products, and cookie, cracker, pasta, and tortilla.

Global Bakery & Confectionary Market Segments Include:
By Type: Breakfast Cereal, Sugar And Confectionery Products, Bread And Bakery Products, Cookie, Cracker, Pasta, And Tortilla

By Price Point: Economy, Mid-Range, Luxury

By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others

Subsegments Covered: Oats Breakfast Cereal, Grains Breakfast Cereal, Other Breakfast Cereal, Sugar, Confectionery Product, Bread, Cake and Pastries, Other Bread and Bakery Product, Cookie and Cracker, Dry Pasta, Dough, and Flour Mixes, Tortilla

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the bakery and confectionary market in 2021.

Confectionery manufacturers 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 into their products.

TBRC’s bakery & confectionary market report covers:

Major Market Players: Mondelez International, PepsiCo, Inc., Grupo Bimbo, S.A.B. de C.V., Kellogg Co, Bimbo Bakeries USA, Yamazaki Baking Co. Ltd, Barry Callebaut AG, The Hershey Company, Nestle S.A., Wm Morrison Supermarkets plc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Bakery & Confectionary Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides bakery & confectionary market overviews, analyzes and forecasts market size, share, bakery & confectionary market players, bakery & confectionary market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s bakery & confectionary market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Here Is A List Of Similar Reports From The Business Research Company:

Bread And Bakery Products Global Market Report 2022

Bakery Processing Equipment Global Market Report 2022

Organic Bakery Products Global Market Report 2022

Interested To Know More About The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read More About Us At https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow us on LinkedIn: https://in.linkedin.com/company/the-business-research-company
Follow us on Twitter: https://twitter.com/tbrc_info

Found This Article Helpful? Share It On: