Over the years, the ease of availability and convenience has proliferated the demand for bakery products globally. Advancement in processing technology has allowed the inclusion of numerous ingredients that help ameliorate taste, appearance, and the overall nutritional value of the baked products. This is another key factor helping support the global bakery products market. With rising demand for healthy convenience food products, the availability of bakery products have increased due to its convenient-nature and enhanced packaging. Bakery products are available in different types and varieties like sweet, breakfast foods, and as savory snacks. This attracts the consumers to experiment with their choice.
However, on the flip side, the increasing health awareness among the consumers has shifted their food preferences. The shifting consumption pattern and growing population of health-consciousness consumers can restrain the growth of bakery products.
Britannia Industries Limited (India), Mondelez International, Inc. (US), Barilla Holding S.p.A. (Italy), General Mills, Inc. (US), United Biscuits (UK), Grupo Bimbo, S.A.B. de C.V. (Mexico), Dunkin’ Donuts LLC (US) and others are some of the leading players operating in the Global Bakery Products Market Analysis.