Global Bakery Product Market Size & Outlook, 2019-2025
Global bakery product market, 2018-2025 (US$M)
Related Markets
Global bakery product market highlights
- The global bakery product market generated a revenue of USD 207,272.9 million in 2019 and is expected to reach USD 251,075.9 million by 2025.
- The market is expected to grow at a CAGR (2020 - 2025) of 3.2% by 2025.
- In terms of segment, cakes & pastries accounted for a revenue of USD 57,093.4 million in 2019.
- Cakes & Pastries is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2019.
- Country-wise, Mexico is expected to register the highest CAGR from 2020 to 2025.
Global data book summary
| Market revenue in 2019 | USD 207,272.9 million |
| Market revenue in 2025 | USD 251,075.9 million |
| Growth rate | 3.2% (CAGR from 2019 to 2025) |
| Largest segment | Cakes & pastries |
| Fastest growing segment | Cakes & Pastries |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bread & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels |
Other key industry trends
- In terms of revenue, the North America accounted for 26.3% of the global bakery product market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 6,129.4 million by 2025.
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Bakery Product Market Scope
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global bakery product market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bakery product market will help companies and investors design strategic landscapes.
Cakes & pastries was the largest segment with a revenue share of 27.55% in 2019. Horizon Databook has segmented the Global bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
- Global Bakery Product Product Outlook (Revenue, USD Million, 2018-2025)
- Bread & Rolls
- Cakes & Pastries
- Cookies
- Tortillas
- Pretzels
- Others
- Global Bakery Product Distribution Channel Outlook (Revenue, USD Million, 2018-2025)
- Hypermarket & Supermarket
- Convenience Store
- Specialty Stores
- Others
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Target buyers of Global bakery product market databook
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Our clientele includes a mix of bakery product market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global bakery product market, including forecasts for subscribers. This global databook contains high-level insights into Global bakery product market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Global bakery product market size, by regions, 2018-2025 (US$M)
Top 10 countries: Bakery product market size, 2019 (US$M)
Global bakery product market share, by product, 2019 & 2025 (%, US$M)
Bakery product market: Opportunity assessment by country
Global bakery product market, by region, 2019 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR |
|---|---|---|---|---|---|---|---|---|---|
| North America | 53,561.5 | 54,446.3 | 55,563.4 | 56,925.6 | 58,605.6 | 60,686.7 | 63,023.6 | 65,765.5 | 3.2% |
| Europe | 60,015.7 | 61,174.4 | 62,600.4 | 64,310.3 | 66,388.8 | 68,933.4 | 71,782.5 | 75,108.6 | 3.5% |
| Asia Pacific | 43,637.5 | 44,592.4 | 45,746.3 | 47,112.9 | 48,755.9 | 50,749.0 | 52,975.3 | 55,564.3 | 3.7% |
| Latin America | 21,408.9 | 21,516.1 | 21,705.8 | 21,979.7 | 22,362.3 | 22,880.6 | 23,475.0 | 24,196.8 | 2.0% |
| MEA | 25,184.5 | 25,543.7 | 26,009.7 | 26,587.8 | 27,311.1 | 28,217.4 | 29,237.9 | 30,440.8 | 3.0% |
| Overall | 203,808.1 | 207,272.9 | 211,625.6 | 216,916.2 | 223,423.7 | 231,467.0 | 240,494.2 | 251,075.9 | 3.3% |
Related regional statistics
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