Global Bakery Contract Manufacturing Market Outlook Projected to Surpass $40.93 Billion by 2029 with 10% Annual Growth

What market dynamics are playing a key role in accelerating the growth of the bakery contract manufacturing market?
The bakery contract manufacturing market's expansion is anticipated to be fueled by the increased intake of bakery items. Various final bakery-related products are created using wheat flour, which falls under bakery products. Since the demand for bakery goods exceeds the full capacity of most bakeries, they often collaborate with contract manufacturing firms to manage the overflow. Hence, the surge in bakery consumption is predicted to propel the bakery contract manufacturing market. For example, a study by Agriculture and Agri-Food Canada, a Canadian federal agriculture regulation department, revealed that the United Kingdom ranked as the tenth biggest global retail sales market for baked goods in November 2023. The market was valued at US$10.6 billion in 2022, capturing a 2.4% market share. The market is slated to expand at a compound annual growth rate of 5.0% by 2027, pushing retail sales to hit US$13.6 billion. Consequently, the growth of the bakery contract manufacturing market is being spurred by the mounting consumption of bakery items.

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How will the growth rate of the bakery contract manufacturing market shape industry trends by 2034?
The contract manufacturing market in the bakery sector has seen an accelerated expansion in recent times. It is anticipated to enlarge from its size of $24.93 billion in 2024 to $27.79 billion in 2025, with a compound annual growth rate (CAGR) of 11.5%. The historical growth has been propelled by factors such as the consumers' need for a wide array of products, cost-effectiveness, scalability, emphasis on key competencies, global expansion of supply chains, an increase in disposable income, and the growing demand for convenience foods.

The market size for contract manufacturing in the bakery sector is predicted to witness a swift expansion in the coming years, increasing to "$40.93 billion in 2029 with a compound annual growth rate (CAGR) of 10.2%. The predicted enhancement in the projection period can be linked to factors such as the burgeoning middle class, the growth of e-commerce, heightened awareness of health and wellness, compliance with regulations, and quality assurance, as well as an aging demographic. Predominant trends anticipated in the forecast period consist of personalization and innovation, emphasis on clean labels and health, incorporation of technology, resilience in the supply chain, and international expansion.

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What trends are poised to drive the future success of the bakery contract manufacturing market?
Leading firms in the bakery contract manufacturing market are embracing collaborative ventures to stimulate creativity, broaden their product portfolio and boost the efficacy of their supply chains. Such partnerships are founded on the principle of mutual leveraging of resources and strengths for shared benefits and growth. For instance, in September 2024, an American food technology company, EQUII, joined forces with Bridor, a French-based baking entity, to boost the nutritional content of bakery foods. The alliance stipulates that EQUII will provide Bridor with its protein-enriched yeast flour, empowearing Bridor to create a range of baked products with high protein for the food service sector across North America. The overarching objective of their collaboration is to cater to the escalating need for tasty, high-protein, plant-based bakery choices.

Which primary segments of the bakery contract manufacturing market are driving growth and industry transformations?
The bakery contract manufacturing market covered in this report is segmented -

1) By Product: Specialty And Nutritional Bakery Products, Traditional Bakery Products
2) By Service: Manufacturing, Packaging, Custom Formulation And R&D
3) By Application: Small And Medium Enterprises (SMEs), Large Enterprises

Subsegments:
1) By Specialty And Nutritional Bakery Products: Gluten-Free Products, Organic Bakery Products, High-Protein Bakery Products, Low-Carbohydrate Bakery Products
2) By Traditional Bakery Products: Bread, Cakes, Pastries, Cookies, Buns And Rolls

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Which geographical regions are pioneering growth in the bakery contract manufacturing market?
Europe was the largest region in the bakery contract manufacturing market in 2024. The regions covered in the bakery contract manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the influential players reshaping the bakery contract manufacturing market landscape?
Major companies operating in the bakery contract manufacturing market include 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, Flowers Foods, Grupo Bimbo, Hostess Brands, Kellogg Company, Mondelez International, Nestle SA, PepsiCo Inc., Sara Lee Frozen Bakery, The Hershey Company, Tyson Foods Inc., Unilever plc, Weston Foods Canada, Yamazaki Baking Co Ltd., Aryzta AG, Campbell Soup Company

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What Is Covered In The Bakery Contract Manufacturing Global Market Report?

• Market Size Forecast: Examine the bakery contract manufacturing market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the bakery contract manufacturing market for a structured understanding.
• Key Players Overview: Analyze major players in the bakery contract manufacturing market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the bakery contract manufacturing market.
• Segment Contributions: Evaluate how different segments drive overall growth in the bakery contract manufacturing market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the bakery contract manufacturing market.
• Industry Challenges: Identify potential risks and obstacles affecting the bakery contract manufacturing market.
• Competitive Landscape: Review strategic developments in the bakery contract manufacturing market, including expansions, agreements, and new product launches.

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