The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Bakery Contract Manufacturing Global Market Report 2024 offers crucial insights into the bakery contract manufacturing market help businesses analyse and build stronger strategies.

Introduction

The bakery contract manufacturing market has witnessed remarkable growth in recent years, with significant projections for the future. Key factors such as consumer demand, technological advancements, and market trends are reshaping the industry landscape.

Growth Trajectory: Past and Present

• The market size surged from $22.3 billion in 2023 to $24.93 billion in 2024, indicating a compound annual growth rate (CAGR) of 11.8%.
• Consumer demand for diverse products, cost efficiency, and scalability drove historic growth.
• Rising disposable income and the popularity of convenience foods contributed to market expansion.

Rapid Expansion Forecasted

• By 2028, the market is expected to reach $36.93 billion, with a CAGR of 10.3%.
• Factors driving future growth include expanding middle class, e-commerce surge, and health consciousness.
• Major trends shaping the forecast period include customization, clean label focus, and technology integration.

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Growing Bakery Product Consumption Fuels Expansion In The Bakery Contract Manufacturing Market

Consumer Demand Driving Market Growth

• Rising consumption of bakery products propels the contract manufacturing market.
• Bakeries seek outside manufacturers to meet increasing demand.
• Sales of baking ingredients and supplies surged, indicating market growth.

Key Players in the Market

• Major companies like De Banketgroep B.V., HACO Holding AG, and others dominate the market.
• Their role in meeting bakery product demand is significant.

Technological Advancements Drive Innovation In The Bakery Contract Manufacturing Market

Focus on Technological Innovation

• Companies prioritize technological advancements to drive innovation.
• KPM Analytics launched the Sightline TheiaVu Compact Vision Inspection Series, enhancing product quality.
• Advanced systems ensure consistency and efficiency in product inspection.

Crown Bakeries Expands Its Portfolio With The Acquisition Of Michel’s Bakery

Strategic Acquisitions

• Crown Bakeries’ acquisition of Michel’s Bakery strengthens its position in the market.
• Michel’s Bakery’s range of sweet baked products complements Crown’s portfolio.

Market Segmentation

• The market is segmented by product, service, and application.
• Segments include specialty and nutritional bakery products, manufacturing, packaging, and SMEs vs. large enterprises.

Regional Dominance

• Europe emerged as the largest region in the bakery contract manufacturing market in 2023.
• The region’s market dominance underscores its significance in the global market landscape.

Conclusion

The bakery contract manufacturing market presents lucrative opportunities driven by consumer demand, technological innovation, and strategic acquisitions. As the market continues to evolve, stakeholders must adapt to emerging trends and capitalize on growth prospects for sustained success.

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The Bakery Contract Manufacturing Global Market Report 2024  provides a comprehensive outlook of the bakery contract manufacturing market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The bakery contract manufacturing market forecast offers a thorough analysis on bakery contract manufacturing market size, bakery contract manufacturing market share, prominent players and their strategies.

The Table Of Content For The Bakery Contract Manufacturing Market Include:
1. Bakery Contract Manufacturing Market Executive Summary
2. Bakery Contract Manufacturing Market Segments
3. Bakery Contract Manufacturing Market Size And Bakery Contract Manufacturing Market Growth Rate
4. Key Bakery Contract Manufacturing Market Trends
5. Major Bakery Contract Manufacturing Market Drivers
……
25. Key Mergers And Acquisitions In The Bakery Contract Manufacturing Market
26. Top Bakery Contract Manufacturing Companies
27. Bakery Contract Manufacturing Market Opportunities And Strategies
28. Bakery Contract Manufacturing Market, Conclusions And Recommendations
29. Appendix

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