Fortified Bakery Products Market Research Report - Global Forecast till 2027

Fortified Bakery Products Market Research Report Information by Type (Cakes & Pastries, Breads & Rolls, Cookies & Biscuits, and Others), Category (Gluten-Free and Conventional), Distribution Channel (Store-Based and Non-Store-Based), and Region (North America, Europe, Asia-Pacific, and Rest of the World)—Forecast till 2027

ID: MRFR/F-B & N/2569-HCR | 110 Pages | Author: Tejas Chaudhary | March 2024         

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Global Fortified Bakery Products Market Scenario Bakery products such as bread, rolls, cookies, pies, pastries, and muffins, are prepared from flour or other grains and cooked by dry heat process in an oven. Bakery products fortified with micronutrients such as vitamins, minerals, and proteins increase its health-promoting effects such as improved metabolism and controls bad cholesterol. The global fortified bakery products market is projected to grow with a significant growth rate of 4.78% from 2023 to 2032 and reach a market value of USD 7,711.01 Million by the end of 2032. There has been an increasing prevalence of cardiovascular diseases and other non-communicable diseases due to poor diet and morbid lifestyle. However, growing concerns due to such health issues and the importance of healthy lifestyle have led to a consumer shift towards food with health-promoting effects beyond basic nutrition and hunger satisfaction. These factors are directly influencing the sales of fortified bakery products across the world 

 

Market Segmentation The global fortified bakery products market has been segmented based on type, category, distribution channel, and region. The global fortified bakery products market has been classified, based on type, into cakes & pastries, bread & rolls, cookies & biscuits, and others. The global fortified bakery products market has been segmented, based on category, into gluten-free and conventional. The global fortified bakery products market has been segmented, based on distribution channel, into store-based and non-store-based. The store-based segment has been further bifurcated into supermarkets & hypermarkets, convenience stores, and others. The global fortified bakery products market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American fortified bakery products market has further been segmented into the US, Canada, and Mexico. The European fortified bakery products market has been classified into the UK, Germany, France, Italy, Spain, and the rest of Europe. The fortified bakery products market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The fortified bakery products market in the rest of the world has been segmented into South America, the Middle East, and Africa. 

 

Key Players Barilla Holding S.p.A. (Italy), Britannia Industries Limited (India), Grupo Bimbo, S.A.B. de C.V. (Mexico), Mondelez International, Inc. (US), General Mills, Inc. (US), Dunkin' Donuts LLC (US), Yıldız Holding (Turkey), Associated British Foods plc (UK), H&S Bakery, Inc. (US), and Irish Pride Fine Foods (Ireland) are some of the key players in the global fortified bakery products market. 

 

Regional Market Summary Globally, fortified bakery products market in Europe is anticipated to be the dominating market with a market share of 44.23% in 2018. High consumption of bakery products such as bread and cookies followed by increasing awareness about healthy food alternatives are driving the market growth in Europe. Moreover, the growing demand for artisanal bakery products and organic bakery ingredients are creating a major business opportunity for market players in the region. The fortified bakery products market in Asia-Pacific is expected to register the highest growth rate during the forecast period. The trend for functional food & beverages has gained immense popularity in the region in recent years and thus, has boosted the demand for fortified bakery products in Asia-Pacific. Micronutrient deficiency has been a major concern in the region due to which there has been a shift in preference towards healthy and fortified food, thereby aiding to the market growth in Asia-Pacific.   

 

Global Fortified Bakery Products Market, by Type



  • Cakes & Pastries

  • Bread & Rolls

  • Cookies & Biscuits

  • Others


Global Fortified Bakery Products Market, by Category

  • Gluten-Free

  • Conventional


Global Fortified Bakery Products Market, by Distribution Channel

  • Store-Based


    • Supermarkets & Hypermarkets

    • Convenience Stores

    • Others


  • Non-Store-Based


Global Fortified Bakery Products Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Fortified bakery products manufacturers

  • Commercial research and development institutions

  • Raw material suppliers and distributors

  • Retailers, distributors, and wholesalers

  • Traders, exporters, and importers




Key Questions Answered

  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players’ financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
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