Indian Bakery Market: Industry Size to Reach USD 31.5 Billion by 2033 - Expanding at a CAGR of 9.12%

Attributes and Key Statistics of the Indian Bakery Market Report by IMARC Group:

Base Year: 2024

Forecast Years: 2025-2033

Historical Years: 2019-2024

Units: USD Billion

Market Size in 2024: USD 13.8 Billion

Market Forecast in 2033: USD 31.5 Billion

Market Compound Annual Growth Rate 2025-2033: 9.12%

As indicated in the latest market research report published by IMARC Group, titled "Indian Bakery Market Report by Product Type (Biscuit, Bread, Cakes and Pastries, Rusk), Distribution Channel (Convenience Stores, Supermarkets and Hypermarkets, Independent Retailers, Artisanal Bakeries, Online, and Others), and Region 2025-2033," this report provides an in-depth analysis of the industry, featuring insights into the market. It encompasses competitor and regional analyses, as well as recent advancements in the market.

Indian Bakery Market Size & Future Growth Potential:

The Indian bakery market size was valued at USD 13.8 Billion in 2024 and is projected to grow to USD 31.5 Billion by 2033, with an expected compound annual growth rate (CAGR) of 9.12% from 2025 to 2033.

Core Factors Driving Market Trends:

Indian bakery market is looking at dynamic trends inspired to change consumer preferences and urbanization. Healthy options, such as whole grains, gluten-free and organic bakery products are increasing, as health-conscious consumers want nutritious options. Additionally, artisans and premium baked goods are gaining popularity, consumers are ready to pay more for high quality, handicraft items. The rise of e-commerce and online bakery platforms has expanded further access, allowing brands to reach wide audiences. In addition, innovative taste and fusion products, such as masala cookies and chocolate naan, are occupying consumer interests.

The influence of the trends of Western bakery, including citrus breads and croisain, has been growing with traditional Indian tastes. In addition, sustainability is becoming an important focus, in which brands are adopting environmentally friendly packaging and moral sourcing practices. Modern retail formats, such as supermarkets and hypermarkets, are also promoting product visibility. With a busy lifestyle, convenience-oriented bakery snacks, such as ready-to-eat cakes and muffins, are looking at high demand. These trends highlight the developed nature of the Indian bakery market run by innovation, convenience and health awareness.

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Indian Bakery Market Scope and Growth Analysis:

The Indian bakery market has a huge growth capacity, supported by rising disposable income and a young, urban population. This area is beneficial to increase the consumption of pack and convenience foods, especially in metropolitan cities. Additionally, the expansion of Quick-Service Restaurant (QSRS) and cafe chain is demanding bakery products such as burgers, pizza and pastries. Organized bakery segment is growing rapidly, both domestic and international brands have expanded their appearance. In addition, technological progress in baking procedures and components innovation is enhancing the quality and shelf life of the product.

In rural areas, increasing awareness and strength are opening new opportunities to enter the market. Culture and gift culture in India further increases the seasonal demand for cookies, cakes and sweets. In addition, the government's initiative supporting food processing industries is encouraging investment in bakery manufacturing. The rise of private-labeled brands in retail shops is also contributing to market diversification. With consumer flavor and distribution channels, the Indian bakery market is ready for continuous development, providing attractive opportunities for both established players and new entry.

By the IMARC Group, the Top Competitive Landscapes Operating in the Industry:

• Britannia Industries Limited
• ITC Limited
• Parle Products Private Limited
• Surya Food and Agro Limited.

Comprehensive Market Report Highlights & Segmentation Analysis:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Indian bakery market share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Breakup by Product Type:

A. Biscuit
1. Cookies
2. Cream Biscuits
3. Glucose Biscuits
4. Marie Biscuits
5. Non Salt Crackers Biscuits
6. Salt Crackers Biscuits
7. Milk Biscuits
8. Others

B. Bread
1. Sandwich Breads
2. Hamburgers
3. Croissants
4. Others

C. Cakes and Pastries
1. Packed Cupcakes
2. Pastries
3. Muffins
4. Layer Cakes
5. Donuts
6. Swiss Roll
7. Others

D. Rusk

Breakup by Distribution Channel:

• Convenience Stores
• Supermarkets and Hypermarkets
• Independent Retailers
• Artisanal Bakeries
• Online
• Others

State Insights:

• Maharashtra
• Tamil Nadu
• Karnataka
• Gujarat
• Other States

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Key highlights of the Report:

• Historical Market Performance
• Future Market Projections
• Impact of COVID-19 on Market Dynamics
• Industry Competitive Analysis (Porter's Five Forces)
• Market Dynamics and Growth Drivers
• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)
• Market Ecosystem and Value Creation Framework
• Competitive Positioning and Benchmarking Strategies

Major Advantages of the Report:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.

• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.

• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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Explore More Reports & Get Your Free Sample Now!

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