Source: Newarklifemagazine

Kellogg's: Bakery Products Market Share Analysis and Forecast Report 2025-2033 Featuring Finsbury, Grupo Bimbo, Associated British Foods, Mondelez, General Mills, Kellogg, Britannia, Walker's, Yildiz, McKee - ResearchAndMarkets.com

DUBLIN --(BUSINESS WIRE) DUBLIN --(BUSINESS WIRE) The "Bakery Products Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering. The "Bakery Products Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" report has been added to ResearchAndMarkets.com's offering. The Bakery Products market is expected to reach US$ 839.53 billion by 2033 from US$ 558.64 billion in 2024, with a CAGR of 4.63% from 2025 to 2033 The Bakery Products market is expected to reach US$ 839.53 billion by 2033 from US$ 558.64 billion in 2024, with a CAGR of 4.63% from 2025 to 2033 Customers now have more access to a wider range of bakery goods because of the shift to online buying. Customers can easily browse and purchase freshly baked goods using online platforms. Through e-commerce, consumers can locate specialty and superior bakery goods that may not be available in their neighborhood. In order to reduce their need for conventional retail locations, bakeries are adopting direct-to-consumer online sales strategies. The potential to offer subscription services for regular baked goods delivery is growing in popularity. Customers now have more access to a wider range of bakery goods because of the shift to online buying. Customers can easily browse and purchase freshly baked goods using online platforms. Through e-commerce, consumers can locate specialty and superior bakery goods that may not be available in their neighborhood. In order to reduce their need for conventional retail locations, bakeries are adopting direct-to-consumer online sales strategies. The potential to offer subscription services for regular baked goods delivery is growing in popularity. The industry is expanding due in large part to substantial innovation and product diversity, as well as changing customer preferences toward ready-to-consume (RTC) baked goods brought on by hectic lives. In addition, the premiumization of baked goods and the growth of e-commerce platforms that make baked goods more accessible are driving the market share of bakery products. The industry is expanding due in large part to substantial innovation and product diversity, as well as changing customer preferences toward ready-to-consume (RTC) baked goods brought on by hectic lives. In addition, the premiumization of baked goods and the growth of e-commerce platforms that make baked goods more accessible are driving the market share of bakery products. The demand for bakery products in the US is being driven mostly by convenience and ready-to-eat (RTE) products. Consumers are looking for quick and easy meal solutions as a result of busy lifestyles. Ready-to-consume (RTC) bakery products, such as sandwiches and prepackaged snacks, are very appealing since they provide options for instant consumption. Bakeries are being encouraged to develop new, easily consumable items in response to the desire for time-saving solutions. Grab-and-go baked goods that complement on-the-go (OTG) routines are becoming more and more popular among consumers. The demand for bakery products in the US is being driven mostly by convenience and ready-to-eat (RTE) products. Consumers are looking for quick and easy meal solutions as a result of busy lifestyles. Ready-to-consume (RTC) bakery products, such as sandwiches and prepackaged snacks, are very appealing since they provide options for instant consumption. Bakeries are being encouraged to develop new, easily consumable items in response to the desire for time-saving solutions. Grab-and-go baked goods that complement on-the-go (OTG) routines are becoming more and more popular among consumers. Chip City Cookies, a company based in Astoria, partnered with Kellanova to develop a limited-edition Strawberry Poppable Pop-Tarts Cookie in October 2024 in order to meet this demand. The cookie has Pop-Tarts Crunchy Poppers, vanilla icing, strawberry jam, and a vanilla sugar base. It is available for purchase at Chip City shops around New York, Long Island, and beyond for two weekends in October and November. Furthermore, the need for quick and easy food options is rising as crowded urban areas expand. The market is expanding because online platforms are making it easier to buy RTE baked goods, which adds convenience. Chip City Cookies, a company based in Astoria, partnered with Kellanova to develop a limited-edition Strawberry Poppable Pop-Tarts Cookie in October 2024 in order to meet this demand. The cookie has Pop-Tarts Crunchy Poppers, vanilla icing, strawberry jam, and a vanilla sugar base. It is available for purchase at Chip City shops around New York, Long Island, and beyond for two weekends in October and November. Furthermore, the need for quick and easy food options is rising as crowded urban areas expand. The market is expanding because online platforms are making it easier to buy RTE baked goods, which adds convenience. Growth Drivers for the Bakery Products Market Growth Drivers for the Bakery Products Market Increasing urbanization and hectic lives Increasing urbanization and hectic lives People's hectic lifestyles, particularly in urban areas, are driving up demand for quick and simple bakery goods. 4.4 billion people, or 56% of the world's population, currently reside in cities, according to World Bank estimates. Seven out of ten people are predicted to live in cities by 2050, when the existing urban population is predicted to double. People's hectic lifestyles, particularly in urban areas, are driving up demand for quick and simple bakery goods. 4.4 billion people, or 56% of the world's population, currently reside in cities, according to World Bank estimates. Seven out of ten people are predicted to live in cities by 2050, when the existing urban population is predicted to double. This tendency is supported by the growing number of customers choosing single-portion servings, grab-and-go items, and packaged snacks in order to better fit into urban lifestyles. Similar to this, quick-service restaurants and cafes are becoming more and more common in cities, which tends to enhance the consumption of bakery goods. These consumption patterns also range from city to city. This tendency is supported by the growing number of customers choosing single-portion servings, grab-and-go items, and packaged snacks in order to better fit into urban lifestyles. Similar to this, quick-service restaurants and cafes are becoming more and more common in cities, which tends to enhance the consumption of bakery goods. These consumption patterns also range from city to city. Changing customer tastes Changing customer tastes Customers who are concerned about their health usually search for baked items that fit their dietary requirements and eating habits. People use social media to keep an eye on a variety of trends. According to research, 51% of Americans say they have tried a new food as a result of social media participation, and 42% say they have experimented with a new brand or product. Due to their greater nutritional value, there is a growing demand for products made with whole grains, seeds, and other healthier ingredients. Customers who are concerned about their health usually search for baked items that fit their dietary requirements and eating habits. People use social media to keep an eye on a variety of trends. According to research, 51% of Americans say they have tried a new food as a result of social media participation, and 42% say they have experimented with a new brand or product. Due to their greater nutritional value, there is a growing demand for products made with whole grains, seeds, and other healthier ingredients. Additionally, baked goods with lower sugar content and those that satisfy specific dietary needs, such as gluten- and dairy-free options, are becoming more and more popular. As plant-based diets gain popularity, bakers are responding by launching vegan-friendly goods that meet nutritional requirements. Additionally, baked goods with lower sugar content and those that satisfy specific dietary needs, such as gluten- and dairy-free options, are becoming more and more popular. As plant-based diets gain popularity, bakers are responding by launching vegan-friendly goods that meet nutritional requirements. Growing Number of Working Women Will Help Drive Market Development Growing Number of Working Women Will Help Drive Market Development In recent years, the number of women working has increased significantly. The demand for convenient and simple-to-make food items, such as bread, pancakes, and other bakery goods, has expanded dramatically as a result of women's increased employment participation. Women's restricted cooking time is attributed to the rising demand for convenient baked goods; as a result, they favor frozen food items to make dinner preparation easier. For example, according to the World Bank, women made up 47% of the workforce in 2019. In addition, women's employment rates in the United States and China were 46% and 44%, respectively. In these nations, women are therefore seen as making up half of the workforce. In recent years, the number of women working has increased significantly. The demand for convenient and simple-to-make food items, such as bread, pancakes, and other bakery goods, has expanded dramatically as a result of women's increased employment participation. Women's restricted cooking time is attributed to the rising demand for convenient baked goods; as a result, they favor frozen food items to make dinner preparation easier. For example, according to the World Bank, women made up 47% of the workforce in 2019. In addition, women's employment rates in the United States and China were 46% and 44%, respectively. In these nations, women are therefore seen as making up half of the workforce. Challenges in the Bakery Products Market Challenges in the Bakery Products Market Health Consciousness Health Consciousness Demand for healthier

Read full article »
Annual Revenue
$10-50B
Employees
10-50K
Steven A. Cahillane's photo - CEO of Kellogg's

CEO

Steven A. Cahillane

CEO Approval Rating

57/100

Read more