NEW YORK, Aug. 28, 2023 /PRNewswire/ — The size of the “bakery products market in Europe” is estimated to grow by USD 41.49 million from 2021 to 2026 at a CAGR of 3.28% according to Technavio’s latest report. This growth is driven by evolving consumer tastes, innovative vendor strategies, and emerging trends. In-store bakeries in supermarkets are a key driver, offering convenience and quality, while challenges arise from the impact of the Russia–Ukraine conflict on ingredient supply chains and pricing. Nonetheless, with insights into these dynamics, businesses can position themselves effectively for growth in this vibrant market. Download a sample now
Bakery products market in Europe: Major Companies
- AGROFERT AS
- Alpha Baking Co. Inc.
- Associated British Foods plc
- Bakers Delight Holdings Ltd.
- Britannia Industries Ltd.
- Dr. Schar AG Spa
- European Gourmet Bakery
- Finsbury Food Group Plc
- Flowers Foods Inc.
- General Mills Inc.
- Grupo Bimbo SAB de CV
- Harry Brot GmbH
- Jubilant Bhartia Group
- Lantmannen Unibake International
- Mondelez International Inc.
- Premier Foods Plc
- Ulker Biskuvi Sanayi AS
- Warburtons Ltd.
Bakery products market in Europe: Geographical Analysis
The regional analysis of the bakery products market in Europe involves examining different parts of Europe to understand demand variations for baked goods. It considers factors like local preferences and economic conditions that influence purchasing behaviors. This analysis enables companies to customize strategies to cater to specific regional needs, ensuring effective marketing and product offerings that align with local tastes and consumer behaviors.
Bakery products market in Europe: Market Driver
A significant driving force behind the growth of the bakery products market in Europe is the increasing prominence of in-store bakeries within supermarkets. These in-store bakeries have gained popularity due to their unique offerings, including smaller-sized options like half loaves or two-bun packages. This approach helps to prevent natural products from spoiling since they lack preservatives. Additionally, the emergence of par-baked, pre-baked, or bake-off products has gained attention in recent years. These products are convenient for consumers, requiring minimal effort and time for preparation. In-store bakeries, often found in supercenters and clubhouses, have become favoured one-stop destinations for bakery goods due to their emphasis on freshness and quality. Their specialization in unique items further contributes to the market’s growth prospects during the forecast period..
Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report
Bakery products market in Europe: Segmentation
The bakery products market in Europe research report extensively covers market segmentation by product (bread and rolls, cakes and pastries, cookies, and others) and type (fresh bakery products and frozen bakery products).
Grow your profit margins with Technavio – Buy the report
Related Reports:
Packaged Bakery Products Market: According to Technavio’s analyst, the packaged bakery products market size is expected to be valued at USD 163.9 billion by 2026 with a progressing CAGR of 6.75%. This packaged bakery products market research report extensively covers key market segmentations – Product (bread, cakes and pastries, cookies, crackers and pretzels, and others) and geography (APAC, Europe, North America, South America, and the Middle East and Africa).
Frozen Bakery Products Market: The frozen bakery products market size is forecasted to size by USD 10.03 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 4.61%. This report extensively covers the product (frozen cakes, frozen pies, frozen cookies and crackers, and frozen pastries) and geography (Europe, North America, APAC, South America, and Middle East and Africa).
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product Type
6 Market Segmentation by Type
7 Customer Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
SOURCE Technavio
