Market Forecast By Product Types (Cakes and Pastries, Biscuits, Bread, Morning Goods & Others), By Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retailing & Others), By Countries (United Kingdom, Spain, Germany, Italy, France) and competitive landscape
Product Code: ETC002445 | Publication Date: Aug 2024 | Updated Date: Aug 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Europe Bakery Product Market |
Forecast period | 2024-2030 |
CAGR | 5.2% |
Growing Sector | Bread and Rolls |
The Europe Bakery Product Market report provides a comprehensive evaluation By Product Types, By Distribution Channels, By Countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe Bakery Product Market is experiencing notable growth due to increasing consumer demand for convenience foods and indulgent baked goods. This market is characterized by a wide array of products, including cakes, pastries, biscuits, and bread, which are essential to the European diet. The rise of health-conscious consumers is driving innovation in healthier options, alongside traditional recipes. Notably, the trend of online retailing is reshaping distribution channels, leading to enhanced accessibility. However, challenges such as fluctuating raw material prices and stringent regulatory frameworks shape the market landscape significantly.
According to 6Wresearch, the Europe Bakery Product Market size is expected to grow at a significant CAGR of 5.2% during the forecast period 2024-2030. The growth of the Europe Bakery Product Market is driven by several factors, including a shift towards convenience foods as busy lifestyles encourage consumers to seek quick meal solutions. Moreover, technological advancements in production methods are facilitating the launch of innovative products with longer shelf lives and improved quality. The rise of e-commerce has also played a critical role, making bakery products more accessible to consumers. Additionally, increasing disposable incomes in several European countries are pushing demand for premium and artisanal baked goods, which are perceived as higher quality.
Despite its growth, the Europe Bakery Product Market faces several challenges. Regulatory hurdles related to food safety and quality standards can delay product launches and increase costs for manufacturers. The market is also susceptible to fluctuations in raw material prices, which can significantly impact profit margins. Furthermore, the growing emphasis on health and wellness is compelling producers to reformulate their products, transitioning towards healthier alternatives, which may require investment in research and development. Additionally, intense competition from both local and international players complicates market navigation.
Key players in the Europe Bakery Product Market include companies such as Mondelez International, Grupo Bimbo, and Aryzta. These organizations play a significant role in shaping market dynamics with their extensive product portfolios, innovative marketing strategies, and commitment to quality. Their continuous investments in research and development have led to the introduction of diverse products catering to varying consumer preferences and dietary needs.
Governments across Europe are supporting the bakery sector through various initiatives aimed at enhancing food safety and promoting healthier eating habits. Programs such as the European Health and Food Safety Agency’s guidelines provide regulatory frameworks that bolster consumer confidence in bakery products. Furthermore, initiatives like the "Farm to Fork Strategy" seek to ensure the sustainability of food supply chains. Grants and subsidies for organic farming practices also encourage the production of healthier raw materials for the bakery industry, fuelling market growth.
The Europe Bakery Product Market is poised for continued growth driven by emerging trends. The increasing popularity of plant-based and gluten-free products signals a shift in consumer preferences, which presents significant opportunities for market expansion. Moreover, sustainability will likely become a focal point for manufacturers, leading to the development of eco-friendly packaging and sourcing practices. The integration of technology in production and distribution, along with the rise of direct-to-consumer models, further enhances market potential. However, adaptive strategies will be essential in navigating potential challenges, such as supply chain disruptions and changes in consumer attitudes.
According to Ravi Bhandari, Research Head, 6Wresearch, in the Europe Bakery Product Market, the Cakes and Pastries segment is emerging as the fastest-growing category. The rising trend of indulgence and special celebrations is driving demand for innovative and premium cake offerings. Additionally, the increasing popularity of artisanal pastries, often crafted with unique ingredients, captivates health-conscious consumers seeking high-quality treats.
Among the distribution channels, Online Retailing stands out as the most rapidly expanding segment. The shift in consumer behavior towards e-commerce, accelerated by the pandemic, has made online shopping for bakery products more convenient. Retailers are leveraging digital platforms to offer exclusive products and promotions, thus enhancing customer engagement and expanding their market reach.
In terms of country-specific growth, the United Kingdom exhibits the most significant expansion within the Europe Bakery Product Market. This growth is primarily driven by the increasing demand for convenience foods and the rising trend of bakery items purchasing online, as consumers seek accessible and diverse options. Countries like Germany and France also show strong potential, supported by their rich culinary traditions and growing consumer interest in premium bakery products.
The report offers a comprehensive study of the following market segments
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Europe Bakery Product Market Overview |
3.1. Europe Bakery Product Market Revenues, 2020-2030F |
3.2. Europe Bakery Product Market Revenue Share, By Countries, 2020 & 2030F |
3.3. Europe Bakery Product Market - Industry Life Cycle |
3.4. Europe Bakery Product Market - Porter’s Five Forces |
4. Europe Bakery Product Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Europe Bakery Product Market Trends |
6. United Kingdom Bakery Product Market Overview |
6.1 United Kingdom Bakery Product Market Revenues, 2020-2030F |
6.2 United Kingdom Bakery Product Market Revenues, By Product Types, 2020-2030F |
6.2.1 United Kingdom Cake and Pastries Market Revenues, 2020-2030F |
6.2.2 United Kingdom Biscuits Market Revenues, 2020-2030F |
6.2.3 United Kingdom Bread Market Revenues, 2020-2030F |
6.2.4 United Kingdom Morning Goods Market Revenues, 2020-2030F |
6.2.5 United Kingdom Other Bakery Product Market Revenues, 2020-2030F |
6.3 United Kingdom Bakery Product Market Revenues, By Distribution Channels, 2020-2030F |
6.3.1 United Kingdom Bakery Product Market Revenues, By Hypermarket/Supermarket, 2020-2030F |
6.3.2 United Kingdom Bakery Product Market Revenues, By Convenience Stores, 2020-2030F |
6.3.3 United Kingdom Bakery Product Market Revenues, By Speciality Stores, 2020-2030F |
6.3.4 United Kingdom Bakery Product Market Revenues, By Online Retailing, 2020-2030F |
6.3.5 United Kingdom Bakery Product Market Revenues, By Others, 2020-2030F |
7. Germany Bakery Product Market Overview |
7.1 Germany Bakery Product Market Revenues, 2020-2030F |
7.2 Germany Bakery Product Market Revenues, By Product Types, 2020-2030F |
7.2.1 Germany Cake and Pastries Market Revenues, 2020-2030F |
7.2.2 Germany Biscuits Market Revenues, 2020-2030F |
7.2.3 Germany Bread Market Revenues, 2020-2030F |
7.2.4 Germany Morning Goods Market Revenues, 2020-2030F |
7.2.5 Germany Other Bakery Product Market Revenues, 2020-2030F |
7.3 Germany Bakery Product Market Revenues, By Distribution Channels, 2020-2030F |
7.3.1 Germany Bakery Product Market Revenues, By Hypermarket/Supermarket, 2020-2030F |
7.3.2 Germany Bakery Product Market Revenues, By Convenience Stores, 2020-2030F |
7.3.3 Germany Bakery Product Market Revenues, By Speciality Stores, 2020-2030F |
7.3.4 Germany Bakery Product Market Revenues, By Online Retailing, 2020-2030F |
7.3.5 Germany Bakery Product Market Revenues, By Others, 2020-2030F |
8. Spain Bakery Product Market Overview |
8.1 Spain Bakery Product Market Revenues, 2020-2030F |
8.2 Spain Bakery Product Market Revenues, By Product Types, 2020-2030F |
8.2.1 Spain Cake and Pastries Market Revenues, 2020-2030F |
8.2.2 Spain Biscuits Market Revenues, 2020-2030F |
8.2.3 Spain Bread Market Revenues, 2020-2030F |
8.2.4 Spain Morning Goods Market Revenues, 2020-2030F |
8.2.5 Spain Other Bakery Product Market Revenues, 2020-2030F |
8.3 Spain Bakery Product Market Revenues, By Distribution Channels, 2020-2030F |
8.3.1 Spain Bakery Product Market Revenues, By Hypermarket/Supermarket, 2020-2030F |
8.3.2 Spain Bakery Product Market Revenues, By Convenience Stores, 2020-2030F |
8.3.3 Spain Bakery Product Market Revenues, By Speciality Stores, 2020-2030F |
8.3.4 Spain Bakery Product Market Revenues, By Online Retailing, 2020-2030F |
8.3.5 Spain Bakery Product Market Revenues, By Others, 2020-2030F |
9. Italy Bakery Product Market Overview |
9.1 Italy Bakery Product Market Revenues, 2020-2030F |
9.2 Italy Bakery Product Market Revenues, By Product Types, 2020-2030F |
9.2.1 Italy Cake and Pastries Market Revenues, 2020-2030F |
9.2.2 Italy Biscuits Market Revenues, 2020-2030F |
9.2.3 Italy Bread Market Revenues, 2020-2030F |
9.2.4 Italy Morning Goods Market Revenues, 2020-2030F |
9.2.5 Italy Other Bakery Product Market Revenues, 2020-2030F |
9.3 Italy Bakery Product Market Revenues, By Distribution Channels, 2020-2030F |
9.3.1 Italy Bakery Product Market Revenues, By Hypermarket/Supermarket, 2020-2030F |
9.3.2 Italy Bakery Product Market Revenues, By Convenience Stores, 2020-2030F |
9.3.3 Italy Bakery Product Market Revenues, By Speciality Stores, 2020-2030F |
9.3.4 Italy Bakery Product Market Revenues, By Online Retailing, 2020-2030F |
9.3.5 Italy Bakery Product Market Revenues, By Others, 2020-2030F |
10. France Bakery Product Market Overview |
10.1 France Bakery Product Market Revenues, 2020-2030F |
10.2 France Bakery Product Market Revenues, By Product Types, 2020-2030F |
10.2.1 France Cake and Pastries Market Revenues, 2020-2030F |
10.2.2 France Biscuits Market Revenues, 2020-2030F |
10.2.3 France Bread Market Revenues, 2020-2030F |
10.2.4 France Morning Goods Market Revenues, 2020-2030F |
10.2.5 France Other Bakery Product Market Revenues, 2020-2030F |
10.3 France Bakery Product Market Revenues, By Distribution Channels, 2020-2030F |
10.3.1 France Bakery Product Market Revenues, By Hypermarket/Supermarket, 2020-2030F |
10.3.2 France Bakery Product Market Revenues, By Convenience Stores, 2020-2030F |
10.3.3 France Bakery Product Market Revenues, By Speciality Stores, 2020-2030F |
10.3.4 France Bakery Product Market Revenues, By Online Retailing, 2020-2030F |
10.3.5 France Bakery Product Market Revenues, By Others, 2020-2030F |
11. Europe Bakery Product Market - Key Performance Indicators |
12. Europe Bakery Product Market - Opportunity Assessment |
12.1. Europe Bakery Product Market Opportunity Assessment, By Countries, 2030F |
13. Europe Bakery Product Market Competitive Landscape |
13.1. Europe Bakery Product Market Revenue Share, By Companies, 2023 |
13.1.1 United Kingdom Bakery Product Market Revenue Share, By Companies, 2023 |
13.1.2 Germany Bakery Product Market Revenue Share, By Companies, 2023 |
13.1.3 Spain Bakery Product Market Revenue Share, By Companies, 2023 |
13.1.4 Italy Bakery Product Market Revenue Share, By Companies, 2023 |
13.1.5 France Bakery Product Market Revenue Share, By Companies, 2023 |
13.2. Europe Bakery Product Market Competitive Benchmarking, By Operating & Technical Parameters |
14. Company Profiles |
15. Key Recommendations |
16. Disclaimer |
Market Forecast By Product Types (Cakes and Pastries, Biscuits, Bread, Morning Goods & Others), By Distribution Channels (Hypermarkets/Supermarkets, Convenience Stores, Speciality Stores, Online Retailing & Others), By Countries (United Kingdom, Spain, Germany, Italy, France) and competitive landscape
Product Code: ETC002445 | Publication Date: Apr 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
Europe bakery product market is anticipated to grow over the coming years due to their appealing taste and easy to digest nature, rising demand for organic coconut flour, whole-wheat and multigrain based bakery products, increasing working population along with demand for gluten-free bakery products is likely to boost the bakery product market. However, high packaging costs and fluctuating raw material prices would obstruct the market growth.
According to 6Wresearch, Europe Bakery Product Market size is expected to register significant growth during the forecast period 2020-2026. Italy, Spain, and Germany are the countries that are worst hit by a coronavirus, promoting the consumers to panic buy for food staples such as bread, biscuits, and buns. The jump in the demand caused the government to take measures to overcome food shortages and plans to secure the imports of essential food staples to the local market in sufficient quantities from the international market which is expected to promote the sales of bakery products in the region.
Based on distribution channels, the supermarket/hypermarket segment is likely to dominate the market as the supermarkets and hypermarkets have their own in-store bakeries producing private label bakery products and selling them at a lower price. On the basis of product types, the bread segment is gaining popularity due to the increase in demand for bread containing whole grain, high in fiber, gluten-free, or healthy and fortified bread thereby, attributing to the growth of the bakery products market in the region.
Europe Bakery Products' market report thoroughly covers the market by product types, distribution channels, and key countries including the UK, Germany, Spain, Italy, France, and the Rest of the European region. Europe Bakery Products' market outlook report provides an unbiased and detailed analysis of the ongoing Europe Bakery Products market trends, opportunities/high growth areas, and drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Bakery Product Market is estimated to register sound revenues in the foreseeable future backed by a rise in the tourism sector has led to increasing infrastructure of hospitality sector such as restaurants and food court which is bound to serve bakery products within limited timespan where bakery products play an important role and are anticipated to accelerate the demand for itself in the Europe bakery products market in the coming timeframe. Further, easy availability of unseasonal food, available as a variant in bakery products is anticipated to create lucrative opportunities for the demand of the same and is expected to dominate the overall market revenues in the coming timeframe and would proliferate the demand for the bakery products in the country during the forecast period and leave a positive impact on the growth of the Europe bakery products market.
Europe Bakery product market is anticipated to register sound revenue growth in the coming timeframe backed by the rising modern retail stores across the region. Moreover, on the basis of the country, France bakery product market is expected to soar high in the market owing to increased domestic consumption of bread as a staple food. Additionally, increased bakery processed product consumption massively has led to creating health concern among the population across the region which has been fortifying manufacturers to innovate bakery product like producing whole grain wheat bread, gluten-free bakery product, and low-fat products which is been indicating to the healthy future of the population and that would predominantly be proven beneficial for the growth of Europe Bakery product market.
Europe bakery product market is anticipated to gain momentum during the forecast period 2020-26F backed by the rising consumer base especially of the young population across the region. On the basis of the distribution channel, supermarkets, and hypermarket establishments is been rising with the growing expatriate population. Also, the eCommerce platforms are gaining traction in the market owing to increasing online purchase of products and are being the top reason for the growth of the European bakery product market in the forthcoming years. Some major players operating in the Europe bakery products market are Kellogg company, bimbo, Alpha baking colony Inc., and associated British food Plc.
Key Highlights of the Report:
Markets Covered
Europe Bakery Products Market report provides a detailed analysis of the following market segments:
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