Baked Foods Market Research Report Forecast to 2023

Baked Foods Market Research Report Forecast to 2023

Baked Foods Market Research Report Forecast to 2023

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Baked Foods Market Research Report Forecast to 2023

Market Definition

Baking is a method cooking baked products that usually prepared by dry heat, especially in an oven. The most common types of baked foods are cakes & pastries, bread & rolls, donuts, biscuits, and others. These are available in a wide variety of flavors, and the customer preferences may vary according to regional demands. Baked foods include fiber, antioxidants, omega-3 oils, vitamin, and mineral fortifications.

Market Scenario

There is a growing demand for healthy and nutritious food products, including products with “all-natural” and “clean label” assurances. Advancements in technology and improved distribution networks in developing countries, such as India and China, have led to substantial growth opportunities for baked foods.

Key Findings •

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Baked cakes & pastries segment is projected to experience a high demand from Europe and North America.

Increasing demand for ready-to-eat food products and changing consumption pattern are expected to increase the demand for baked foods.

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Baked Foods Market Research Report Forecast to 2023

Segments

The global baked foods market is segmented into type and distribution channel.

Based on type, baked foods market is segmented into cakes & pastries, bread & rolls, donuts, biscuits, and others.

Based on distribution channel, the market is segmented into food service and food retail.

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Regional Analysis

Europe will witness maximum growth in the baked foods market followed by North America. In terms of value, the market size of Europe will continue to dominate the market, owing to the demand for soluble dietary fibers. The increasing per capita disposable income in India and China and growing demand for baked products will drive the growth of this market.

Key Players

Some of the key players profiled in the global baked food market are ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢ ➢

Grupo Bimbo (Mexico) Finsbury Food Group (U.K) Flowers Foods (Georgia) Hostess Brands (U.S.) McKee Foods (U.S.) Yamazaki Baking (Japan) Aryzta (Switzerland) BreadTalk (Singapore) George Weston (Canada) Hillshire Brands (U.S.) Monginis (India)

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Baked Foods Market Research Report Forecast to 2023

Intended Audience

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Baked Food Manufacturers/ Dealers Processed Food Manufacturers Research Institutes and Organizations Traders, Importers, and Exporters Food Commodity Exporters Bakery Associations and Industry Bodies

The global baked foods market is segmented into the following regions Europe

➢ ➢ ➢ ➢ ➢ ➢

Germany France Italy Spain U.K. Rest of Europe

Rest of the world

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Brazil Argentina South Africa Others

The global baked foods market is segmented into North America, Europe, APAC, and Rest of the World (RoW). North America is dominating the market followed by Europe. In North America owing to the busy work schedule, majority of the population prefers wraps, rolls and pocket sandwiches which is driving the growth of baked foods in this region.

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Baked Foods Market Research Report Forecast to 2023

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