1. NEXT MOVE STRATEGY CONSULTING a premier market research and management consulting firm Upcoming December 2022 Predicted to reach USD 557.59 billion by 2030 at a CAGR of 4.8%

2. ABOUT MARKET:  Bakery products are in high demand due to their pleasant taste and health benefits, availability of low trans-fat, whole grain, low fat, multigrain, and organic baked merchandise.  Growing consumption of ready-to-eat snacks due to busy life schedules and rising demand for varied products such as donuts, bread, cakes, pastries, and pies drive the market growth. Furthermore, a growing number of bakery product businesses coupled with the increasing availability of various online sites that deliver cakes and pastries with ferns & petals and gift baskets to the doorsteps are expected to further propel the growth of the bakery products market.  However, food products prepared using refined flour, which is perceived as unhealthy and cause various diseases such as diabetes and obesity, hamper the market growth. On the contrary, the women population is getting engaged in jobs, which leaves them less time to cook, which will drive the market growth. Also, rising demand for cakes and pies for birthday & anniversary celebrations is expected to create ample growth opportunities for the market in the coming years. © Next Move Strategy Consulting

3. KEY COMPANIES:  Bahlsen GmbH & Co.  KG Mmmly Inc.  BAB Inc.  Nestlé SA  Barilla Holding Societa per Azioni  Bakers Delight  Britannia Industries Ltd.  Bruegger’s Enterprises Inc.  Flowers Foods Inc.  Kellogg Company These market players are adopting various strategies, such as product innovation and partnerships across various regions, to maintain their dominance in the bakery market © Next Move Strategy Consulting

4. BY TYPE: Breakfast Speciality Snacks Hybrids BY PRODUCT: Bread & Rolls Cakes & Pastries Cookies Tortillas Pretzels BY CLAIM: Gluten-free Organic KEY SEGMENTS : The bakery products market is segmented based on type, product, claim, form and distribution channel. © Next Move Strategy Consulting

5. BY FORM: FreshFrozenOthers BY DISTRIBUTION BY DISTRIBUTION : HypermarketsSpeciality StoresSupermarketsOnline © Next Move Strategy Consulting

6. NORTH AMERICA Canada Mexico USA REGIONAL ANALYSIS: North America is expected to show swift growth in the market. © Next Move Strategy Consulting

7. EUROPE GermanyFranceItalySpain UK Currently, Europe dominates the bakery market. © Next Move Strategy Consulting

8. ASIA-PACIFIC: ChinaJapan South Korea Australia India © Next Move Strategy Consulting

9. Rest of the World Saudi Arabia South Africa Brazil UAE © Next Move Strategy Consulting

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