Europe Bakery Product Market Size & Outlook, 2019-2025
Europe bakery product market, 2018-2025 (US$M)
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Europe bakery product market highlights
- The Europe bakery product market generated a revenue of USD 61,174.4 million in 2019.
- The market is expected to grow at a CAGR of 3.5% from 2020 to 2025.
- In terms of segment, cakes & pastries was the largest revenue generating product in 2019.
- Cakes & Pastries is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2020 to 2025.
Europe data book summary
| Market revenue in 2019 | USD 61,174.4 million |
| Market revenue in 2025 | USD 75,108.6 million |
| Growth rate | 3.5% (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 |
| Key market players worldwide | The Kraft Heinz Co, Nestle SA, Grupo Bimbo SAB de CV ADR, Britannia Industries, General Mills Inc, Associated British Foods PLC, Campbell Soup Co |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.5% of the global bakery product market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 55,564.3 million by 2025.
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Bakery Product Market Scope
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 27.58% in 2019. Horizon Databook has segmented the Europe bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
Europe bakery product market is considered to be the dominating market on account of high consumption of nutritious baked products such as gluten-free, high fiber, and Tran’s fat, which is measured as the staple foods. The market in Europe is well equipped pertaining to product selection, regulation, innovation, and consumer preferences.
In a matured economy like Europe, where 73% of the population live in urban areas, people look for instant food. This trend is attributed to the increasing working population looking for food that can be prepared in less time than conventional food.
In addition, perceptions linked to health and well-being is driving the European consumers to opt for a healthy diet. This is resulting in the rising consumption of artisan bread. However, the spending capability of European millennial on bakery products is boosting the demand for high-quality bakery products.
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Target buyers of Europe 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 continent-level data and insights on the Europe bakery product market, including forecasts for subscribers. This continent databook contains high-level insights into Europe bakery product market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
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Europe bakery product market size, by country, 2018-2025 (US$M)
Europe Bakery Product Market Share, 2019 & 2025 (US$M)
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