India Bakery Market | Trends, Industry, Companies, Growth, Share, COVID-19 IMPACT, Forecast, Size, Revenue, Analysis, Outlook & Value

India Bakery Market Synopsis

India bakery market is growing at a rapid pace, with an expected compound annual growth rate (CAGR) of 8.6% from 2023 to 2029. This growth can be attributed to increasing consumer demand for baked goods due to the rising disposable incomes and changing food habits in the country.

Market Drivers

The major drivers of this growth are increased urbanization, improved economic conditions, higher per capita income, and rising health consciousness among consumers. Additionally, the growing number of supermarkets/hypermarkets across India has made it easier for consumers to access a wide variety of products from leading players like Britannia Industries Ltd., ITC Limited and Nestle India Ltd., thereby driving up sales volumes significantly.

Challenges of the Market

There are certain challenges that have hindered the growth of this sector such as high operating costs due to high prices of raw materials used for baking items as well as stringent government regulations restricting advertising activities conducted by manufacturers in order to promote their products. Moreover, intense competition among domestic and international players has resulted in price wars which have adversely affected profitability margins for most players Operating within the industry

Key Players in the Market

Some key players operating in this space include Britannia Industries Ltd., ITC Limited , Nestle India ltd. Bambino Agro foods Pvt Ltd , Modern Foods industries ltd etc

Key Highlights of the Report:

• India Bakery Market Outlook
• Market Size of India Bakery Market, 2023
• Forecast of India Bakery Market, 2030
• Historical Data and Forecast of India Bakery Revenues & Volume for the Period 2020-2030
• India Bakery Market Trend Evolution
• India Bakery Market Drivers and Challenges
• India Bakery Price Trends
• India Bakery Porter's Five Forces
• India Bakery Industry Life Cycle
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Product Type for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Cakes and Pastries for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Biscuits for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Bread for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Morning Goods for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Other for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Hypermarkets/Supermarkets for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Convenience Stores for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Speciality Stores for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Online Retailing for the Period 2020-2030
• Historical Data and Forecast of India Bakery Market Revenues & Volume By Other for the Period 2020-2030
• India Bakery Import Export Trade Statistics
• Market Opportunity Assessment By Product Type
• Market Opportunity Assessment By Distribution Channel
• India Bakery Top Companies Market Share
• India Bakery Competitive Benchmarking By Technical and Operational Parameters
• India Bakery Company Profiles
• India Bakery Key Strategic Recommendations