Press release
Global Bakery Contract Manufacturing Market: Consumer Demands, Key Players and Market Growth from 2024 to 2029
What Is The Projected Market Size Of The Global Bakery Contract Manufacturing Market And Its Growth Rate?
• Market size in 2024: $24.93 billion
• Market size in 2025: $27.79 billion (CAGR of 11.5%)
• Projected market size in 2029: $40.93 billion (CAGR of 10.2%)
This growth can be attributed to factors such as the expanding middle class, e-commerce growth, rising health and wellness concerns, regulatory compliance and quality assurance, aging population and the onset of global expansion.
What Is Driving The Growth In The Bakery Contract Manufacturing Market?
The consistent growth of the bakery contract manufacturing market is significantly influenced by the rising consumption of bakery products globally. As most bakeries are unable to meet increasing demands for various goods, they often rely on contract manufacturing companies to fill production gaps. In 2022, for instance, the United Kingdom was the tenth largest global retail sales market for baked goods, totaling US$10.6 billion and by 2027, it is expected to grow to US$13.6 billion at a CAGR of 5.0%.
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Who Are the Key Players Driving Bakery Contract Manufacturing Market Growth?
• De Banketgroep B.V.
• HACO Holding AG
• PacMoore Products Inc.
• Blackfriars Bakery
• Southern Bakeries LLC
• Cibus Nexum BV
• Hearthside Food Solutions LLC
• Richmond Baking Company
• Oakhouse Bakery
• Adventure Bakery LLC
• Michel's Bakery Inc.
• General Mills Inc.
• Perfection Foods Ltd.
• Bimbo Bakeries USA
• Dawn Foods
What Are The Key Trends In The Bakery Contract Manufacturing Market?
• Customization and Innovation
• Clean label and health focus
• Technology Integration
• Supply chain resilience
• Global expansion
What Are The Segments Of The Global Bakery Contract Manufacturing Market?
• Specialty And Nutritional Bakery Products
• Traditional Bakery Products
• Manufacturing Services
• Packaging Services
• Custom Formulation and R&D Services
• Small and Medium Enterprises (SMEs) Application
• Large Enterprises Application
Which Region Leads The Bakery Contract Manufacturing Market?
Europe was the largest region in the bakery contract manufacturing market in 2024 and is expected to maintain its dominance. The regions covered in this market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Bakery Contract Manufacturing Market Global Market Report?
- Market Size Analysis: Analyze the Bakery Contract Manufacturing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Bakery Contract Manufacturing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Bakery Contract Manufacturing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Bakery Contract Manufacturing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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