European Bakery market is well established in terms of supply chain, consumer preferences and innovation platforms. The most consumed baked products in Europe include biscuits and breads while demand for other items such as cakes, pastries, and cookies is also increasing.
European consumers are adapting bakery goods on the basis of ingredients such as gluten-free, wholegrain, ancient grains and additive free products. Owing to the growth in pizza and biscuits consumption, European bakery market is projected to grow at a CAGR of 3.3% during the forecast period of 2016-2021.
According to the latest market research report “European Bakery Market: By Type (Baked Goods, Biscuits and Breakfast Cereals); By Category (Fresh and Frozen); By Distribution Channels (Retailers, Artisan Bakers and Catering) – Forecast (2016-2021)”, published by IndustryARC, european bakery market is projected to grow at a CAGR of 3.3% during the forecast period of 2016-2021.
Browse 20 Market Tables, 83 Figures spread through 146 Pages and an in-depth TOC on “European Bakery Market”
Bakery market in Europe is a mature sector and has undergone significant changes as a result of increasing health concerns, rising disposable income and high demand for convenient food products. Apart from convenience, consumers in Europe look for instant and nutritious food products. This report provides the detailed analysis of the different types of bakery products and distribution channels in European bakery market.
European bakery market is well established in terms of supply chain, consumer preferences and innovation platforms. The most consumed bakery products in Europe include biscuits and breads while demand for other bakery items such as cakes, pastries, and cookies is also increasing. Various trends such as gluten-free, wholegrain, ancient grain and additive free bakery products are observed in European bakery market.
In European bakery market, breads and rolls have dominated the baked goods segment. On the other hand, market for pizzas has the highest potential of growth due to high demand for frozen as well as chilled pizzas.
Baked goods in European Bakery Market include:
- Baked Desserts
- Breads and Rolls
European consumers are looking for ready-made food products that help them reduce their calorie and sugar intake, without lessening of taste or pleasure. Manufacturers have adopted this trend and are experimenting with traditional bakery products to create added value and free-from category products.
France is the largest market for bakery products in Europe and is estimated to reach $32.42 billion by 2021, growing at a CAGR of 1.3% during 2016-2021. Busy schedule and concern for health is showing an increase towards consumption of bakery products. Smaller product formats such as pies, brioche and cupcakes are also driving growth and taking market share from traditional products.
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The major players in this market Include:
- Nestle (Switzerland),
- Yildiz Holding (Turkey)
- Warburtons (U.K.),
- Kellogg’s Company (U.S.)
- Kraft Foods Inc. (U.S.)
European bakery companies are launching innovative products and it remains their chief growth strategy. The market is quite fragmented with many consumers preferring to buy the products from small artisanal bakeries. Elderly population in Europe prefers the consumption of low calorie, low sodium and high-fiber breakfast cereals. Driven by need for instant and nutritious food products, European bakery market is estimated to reach $257.8 billion by 2021.
The European Bakery Market Report provides detailed analysis of the different baked goods and breakfast cereals as well as distribution channels of bakery products.
Various distribution channels included in the market study are:
- Retail Stores
- Artisan Bakers
- Catering Services
The overall market is also presented from the perspective of key countries in European region.
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