Pastries Market Research Report: By Type (Sweet Pastries, Savory Pastries, Filled Pastries, Unfilled Pastries), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Marketplaces, Foodservice), By Filling (Cream-Based Fillings, Fruit-Based Fillings, Chocolate-Based Fillings, Nuts and Seeds, Caramel and Toffee), By Crust Type (Shortcrust Pastry, Filo Pastry, Puff Pastry, Choux Pastry, Phyllo Pastry), By Price Range (Low-Priced, Mid-Priced, High-Priced) and By Regional (North America, Europe, South

Global Pastries Market Overview

As per MRFR analysis, the Pastries Market Size was estimated at 176.96 (USD Billion) in 2022. The Pastries Industry is expected to grow from 184.35(USD Billion) in 2023 to 266.5 (USD Billion) by 2032. The Pastries Market CAGR (growth rate) is expected to be around 4.18% during the forecast period (2024 - 2032).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Pastries Market Trends Highlighted

The global pastry market is anticipated to witness significant growth in the coming years, driven by increasing disposable income, changing consumer lifestyles, and growing demand for convenience foods. The rising health consciousness among consumers is leading to a preference for healthier pastry options, boosting the demand for low-fat, sugar-free, and gluten-free pastries.

Furthermore, the growing popularity of online food delivery services and home baking is creating new opportunities for market growth. The trend towards artisanal and gourmet pastries is also gaining momentum, with consumers seeking unique and premium quality products. This has led to the emergence of specialized pastry shops and bakeries that offer a wide variety of innovative and high-end pastry products.

Pastries Market Drivers

Rising Demand for Convenience Foods

The Pastries Market is witnessing a surge in demand for convenience foods due to the increasing fast-paced lifestyles and changing consumer preferences. Consumers are opting for ready-to-eat and easy-to-prepare food options that can save them time and effort. Pastries, such as croissants, muffins, and donuts, fit perfectly into this trend as they offer a convenient and delicious breakfast or snack option. The growing popularity of grab-and-go food items is further fueling the demand for pastries in the global market.

Health-Conscious Consumers Driving Demand for Healthier Pastries

Health-conscious consumers are increasingly seeking healthier alternatives to traditional pastries. This has led to the emergence of a new segment in the Pastries Market Industry that focuses on offering healthier pastry options. These pastries are typically made with whole grains, fruits, and vegetables, and contain less sugar and fat than traditional pastries. The growing demand for healthier pastries is expected to drive the growth of the Pastries Market Industry in the coming years.

Growing Popularity of Artisanal Pastries

There is a current consumer trend towards a growing appreciation for the finer, handcrafted things in life and artisanal pastries have not been left behind. Artisanal pastries exhibit uniqueness in form of having additional attention to detail. A shift towards using organic and all-natural ingredients, and more traditional and time consuming techniques of crafting pastries is becoming popular. This has emerged and is expected to fuel the growth of Pastries Market Industry.. .

Pastries Market Segment Insights

Pastries Market Type Insights  

Type Segment Insights and Overview The Pastries Market is segmented by type into sweet pastries, savory pastries, filled pastries, and unfilled pastries. The sweet pastries segment held the largest market share in 2023, accounting for approximately 55% of the global market revenue. The popularity of sweet pastries can be attributed to their indulgent flavors, appealing aesthetics, and wide availability in various retail channels. Savory pastries have also witnessed significant growth, capturing around 25% of the market share in 2023. The rising demand for convenient and portable breakfast and snack options has fueled the growth of this segment.

Filled pastries, with their delectable fillings ranging from fruits to cream, accounted for about 15% of the market revenue, primarily driven by the growing popularity of specialty pastries in cafes and bakeries. Unfilled pastries, such as croissants and puff pastries, have maintained a steady share of the market, contributing around 5% of the global revenue in 2023. The growing disposable income and urbanization, coupled with changing consumer preferences towards convenient and indulgent food options, are driving the market growth. Additionally, the increasing adoption of e-commerce platforms for pastry purchases is further contributing to the market expansion.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Pastries Market Distribution Channel Insights  

The distribution channel segment plays a crucial role in the Pastries Market. Supermarkets/Hypermarkets dominate the market, accounting for over 55% of the Pastries Market revenue in 2023. Their vast product assortments, convenience, and competitive pricing make them popular shopping destinations for pastries. Convenience stores are another significant channel, capturing around 20% of the market share. They offer convenient and quick shopping options for consumers seeking grab-and-go pastries. Specialty stores, focusing exclusively on pastries and baked goods, hold a market share of approximately 15%.These stores provide a curated selection of high-quality pastries, catering to consumers seeking premium and artisanal offerings. Online marketplaces are rapidly gaining traction, with a projected market share of over 10% by 2024. They offer convenience, a wide product variety, and doorstep delivery, attracting tech-savvy consumers. Foodservice channels, including restaurants, cafes, and hotels, account for the remaining market share. They offer pastries as part of their menu, catering to consumers seeking a dining experience.

Pastries Market Filling Insights  

The fillings segment plays a crucial role in shaping the flavors and textures of pastries. Cream-based fillings, with their smooth and creamy consistency, remain a popular choice, accounting for a significant share of the Pastries Market revenue. Statistics indicate that in 2023, the cream-based fillings segment held a valuation of USD 45.6 billion, and it is projected to grow at a CAGR of 4.3% through 2032. Fruit-based fillings, offering a refreshing and natural taste, are also gaining traction, with the Pastries Market data suggesting a valuation of USD 32.1 billion in 2023 and a projected CAGR of 4.5% during the forecast period.Chocolate-based fillings, a perennial favorite, continue to captivate consumers with their rich and indulgent flavors, securing a substantial share of the industry. Nuts and seeds, with their crunchy texture and nutritional value, are witnessing a surge in popularity, particularly in health-conscious segments of the market. Caramel and toffee, known for their sweet and sticky goodness, add a touch of decadence to pastries, contributing to the overall growth of the fillings segment.

Pastries Market Crust Type Insights  

The Crust Type segment is a crucial aspect of the Pastries Market, influencing market growth and consumer preferences. Shortcrust Pastry, with its crumbly texture and versatility, holds a significant market share. It finds applications in various pastries, including tarts, pies, and quiches. Filo Pastry, known for its thin, flaky layers, is popular in Mediterranean cuisine and is used to make baklava and spanakopita. Puff Pastry, with its light and airy texture, is commonly used in croissants, éclairs, and vol-au-vents. Choux Pastry, with its hollow interior, is ideal for pastries like profiteroles and éclairs, while Phyllo Pastry, with its paper-thin layers, is used in strudels and brek.Each Crust Type caters to specific culinary requirements and taste preferences, contributing to the overall market growth and segmentation.

Pastries Market Price Range Insights  

The Pastries Market is segmented based on price range into low-priced, mid-priced, and high-priced. Among these segments, the mid-priced segment is expected to hold the largest market share in 2023, accounting for around 45% of the Pastries Market revenue. This dominance is attributed to the increasing popularity of premium pastries at affordable prices. The low-priced segment is projected to witness significant growth over the forecast period, owing to the rising demand for budget-friendly options, especially in emerging markets. The high-priced segment is expected to maintain a steady growth rate, driven by the growing consumer preference for exclusive and artisanal pastries.

Pastries Market Regional Insights  

The Pastries Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional segment, accounting for over 35% of the Pastries Market revenue in 2023. The region is home to a large number of established and emerging players in the pastries industry, and is characterized by a high level of competition and innovation. The European market is the second largest, and is expected to grow steadily over the forecast period. The region is home to a number of traditional pastry makers, as well as a growing number of modern, innovative players.The APAC region is expected to witness the fastest growth over the forecast period, driven by rising disposable incomes and increasing urbanization. The South American and MEA markets are relatively smaller, but are expected to grow at a steady pace over the forecast period.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Pastries Market Key Players And Competitive Insights

The Big players of Pastries Market are continuously investing in research and development to develop more innovative and new products that can fulfil the requirement and changing preferences of consumers. In addition to that, leading Pastries Market players are also focusing on the expansion of its distribution channel in order to grab major market share and cater the widest customer base. Pastries Market industry is vividly dependent on the intense competitive environment as leading big giant players of the pastry market are facing stiff competition from big competitors. In order to gain a competitive advantage, companies are focusing on the differentiation through market leading product innovation while developing such product, company focuses on deciding strategy of the product line, distribution to target higher number of customer base and stronger customer relationship services. The Pastries Market growth will be driven by the following factors, increasing disposable income, changing consumer lifestyles, and the surge in online food delivery, and many more.

Groupe Le Duff is the big giant player of the global market pastry industry. The company’s market is mainly concentrated in Europe, Asia, and North America. The bakery is backed by a range of pastries especially cake, pastry, croissant, muffin, and many more. Company’s prime focus is the production of high-quality product in order to cater to the target customer group. Groupe Le Duff is known for its innovations in flavours and excellence in customer service. Company’s primary focus is also based on sustainability. Lactalis Nestlé is another big player of pastries of Pastries Market. Lactalis Nestlé is the joint venture between Lactalis and Nestlé in order to cater the widest customer base. Company’s market is mainly based in Europe, Asia, Latin America. There are different traditional pastries  including yoghurt, cheese and milk-based desserts. The company main production is known for its quality and innovations. The primary focus of the company is also to provide excellent customer service and a strong focus on sustainability.

Key Companies in the Pastries Market Include

• Yamazaki Baking


• Grupo Bimbo SAB de CV


• A.B. S.A.


• Puratos Group


• Premier Foods plc


• MonginisNewparaBridor


• Aryzta AG


• Danone SA


• Bake Mark


• Greggs


• Europastry

Pastries Market Industry Developments

The Pastries Market is projected to reach USD 266.5 billion by 2032, exhibiting a CAGR of 4.18% during the forecast period (2024-2032). The market growth is attributed to the rising popularity of convenience foods, increasing disposable income, and changing consumer lifestyles.Recent developments in the market include the launch of innovative pastry products, such as gluten-free and vegan options, to cater to the growing health-conscious consumer base. Additionally, strategic partnerships and acquisitions among key players are shaping the market landscape. For instance, in 2021, Aryzta AG acquired Backaldrin, a leading producer of bakery ingredients, to strengthen its position in the pastries market.

Pastries Market Segmentation Insights

• 
  

  Pastries Market Type Outlook

  
  
  
  
  • Sweet Pastries
  
  
  • Savory Pastries
  
  
  • Filled Pastries
  
  
  • Unfilled Pastries
  
  
  
  

• 
  

  Pastries Market Distribution Channel Outlook

  
  
  
  
  • Supermarkets/Hypermarkets
  
  
  • Convenience Stores
  
  
  • Specialty Stores
  
  
  • Online Marketplaces
  
  
  • Foodservice
  
  
  
  

• 
  

  Pastries Market Filling Outlook

  
  
  
  
  • Cream-Based Fillings
  
  
  • Fruit-Based Fillings
  
  
  • Chocolate-Based Fillings
  
  
  • Nuts and Seeds
  
  
  • Caramel and Toffee
  
  
  
  

• 
  

  Pastries Market Crust Type Outlook

  
  
  
  
  • Shortcrust Pastry
  
  
  • Filo Pastry
  
  
  • Puff Pastry
  
  
  • Choux Pastry
  
  
  • Phyllo Pastry
  
  
  
  

• 
  

  Pastries Market Price Range Outlook

  
  
  
  
  • Low-Priced
  
  
  • Mid-Priced
  
  
  • High-Priced
  
  
  
  

• 
  

  Pastries Market Regional Outlook

  
  
  
  
  • North America
  
  
  • Europe
  
  
  • South America
  
  
  • Asia Pacific
  
  
  • Middle East and Africa