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Bakery and Cereals Market Size, Share Global Analysis Report, 2022–2030

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Bakery and Cereals Market By Bakery Analysis (Bread & Rolls, Biscuits & Cookies, Cakes & Pastries, Others), By Cereals Analysis (Ready to Cook Cereals, Ready-to-eat Cereals), By Distribution Channel Analysis (Hypermarket & Supermarket, Convenience Store, Specialty Stores, Others) and By Packaging Analysis (Paper & Paperboard, Plastics): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2022–2030

Industry Insights

According to the Facts and Factors research report, the global Bakery and Cereals market in 2021 was more than USD 526 billion. The market is expected to grow at a CAGR of 5.2% and is anticipated to reach above USD 772 billion by 2030.

Global Bakery and Cereals Market Size

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This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the bakery and cereals industry. The report analyzes and declares the historical and current trends analysis of the Bakery and Cereals industry and subsequently recommends the projected trends anticipated to be observed in the bakery and cereals market during the upcoming years.

The bakery and cereals market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire bakery and cereals market. The historical and past insights are provided for FY 2018 to FY 2021 whereas projected trends are delivered for FY 2022 to FY 2030. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2018 – 2030.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the bakery and cereals industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the bakery and cereals industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the bakery and cereals market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the bakery and cereals industry. The bakery and cereals market report additionally employ SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the bakery and cereals sector. Key strategic developments in the bakery and cereals market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the bakery and cereals market are appropriately highlighted in the report.

The bakery and cereal consist of food that can be eaten for breakfast or at any other time throughout the day. These products include bread, biscuits, cakes, cereals, pastries,etc. that are consumed on a large basis compared to any other baked foods. Dry heat is used in the baking method.

Generally, the ovens are used to prepare food. Bread is a fundamental part of everyday food consumption. With bread, the baking method also includes pies, tarts, cakes, pastries, scones, crackers, quiches, cookies, pretzels, and many more baking goods. Cereal is an edible component cultivated from the grass. It consists of essential nutrients. Cereals include oats, barley, maize, triticale, millet, and sorghum.

Each cereal grain has high energy values, mainly from the starch fraction, fats, and protein portions. The most common types of food prepared from cereal grains are baked products; milled grain products, beverages, and Whole-grain products including brown rice shredded and rolled oat, popcorn, puffed grains, etc.

Due to the changing lifestyle and increasing per capita income, the eating habits of the consumers also changing. The consumer's demands for the baked product with satisfactory taste, texture are also increasing. Development in the living standard, increasing working women population and less time for preparing home-cooked food drives the demand for baking and cereal market. Most of the urban population is depending on ready-to-cook food which provides nutrition and saves time.

So, increasing demand for such food drives the bakery and cereals market. Various chemicals and food processing materials are used directly or indirectly in the baking process. Numerous organizations including the National Food Safety and Quality Service (SENASA), Public Health and Food Safety (EU), etc.are conducting a study to access the impact of these materials on the human body.

Thus, stringent government regulations and limitations on the use of baking ingredients may restraints the growth of the market. Many consumers prefer healthy snacks and looking to cut down their fats, sugar, and bread consumption owing to health awareness.

As a result, numerous manufacturers are constantly searching for alternative ways to develop low-calorie products in a variety of foods. Due to this, several baking ingredient manufacturers have introduced high-fiber additives to meet consumer demand for increased food fiber content.  Additionally, increasing consumer demands for baked food with favorable taste, texture, results in the development of the baking and cereals market. These parameters may produce lucrative opportunities in the bakery and cereals market.

logoSegmentation Analysis

The bakery and cereals market research report delivers an acute valuation and taxonomy of the bakery and cereals industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2022 to FY 2030.

The bakery and cereals market is segmented based on bakery analysis, cereals analysis, distribution channel analysis, and packaging analysis.  On the basis of bakery analysis segmentation, the market is classified into bread & rolls, biscuits & cookies, cakes & pastries, others. By Cereals Analysis, the market is divided into ready to cook cereals and ready-to-eat cereals. On the basis of distribution channel analysis, the market is bifurcated into hypermarket & supermarket, convenience store, specialty stores, and others and by packaging analysis, the market is separated into paper & paperboard, and plastics.

logoRegional Analysis

The regional segmentation of the bakery and cereals industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the bakery and cereals industry is provided for the leading economies of the world.

logoReport Scope

Report Attribute


Market Size in 2021

USD 526 Billion

Projected Market Size in 2030

USD 772 Billion

CAGR Growth Rate

5.2% CAGR

Base Year


Forecast Years


Key Market Players

Weetabix Food Company, Bimbo Bakeries, Hain Celestial Group, KIND, Quaker, Kelloggs, Brueggen, Clif Bar, Bobo's Oat Bars, Odwalla Inc., GENERAL MILLS, Dove Farm,  Jinsihou, Kashi Company, Pure Bar, Weiwei Group, Otsuka, Jordan &Ryvita Company, EI Almendro, and others.

Key Segment

By Bakery, Cereals, Distribution Channel, Packaging, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa

Purchase Options

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logoCompetitive Landscape

  • Weetabix Food Company
  • Bimbo Bakeries
  • Hain Celestial Group
  • KIND
  • Quaker
  • Kelloggs
  • Brueggen
  • Clif Bar
  • Bobo's Oat Bars
  • Odwalla Inc.
  • Dove Farm
  • Jinsihou
  • Kashi Company
  • Pure Bar
  • Weiwei Group
  • Otsuka
  • Jordan &Ryvita Company
  • EI Almendro

The global bakery and cereals market is segmented as follows:

logoBy Bakery Segmentation Analysis

  • Bread & Rolls
  • Biscuits & Cookies
  • Cakes & Pastries
  • Others

logoBy Cereals Segmentation Analysis

  • Ready to Cook Cereals
  • Ready-to-eat Cereals

logo By Distribution Channel Segmentation Analysis

  • Hypermarket & Supermarket
  • Convenience Store
  • Specialty Stores
  • Others

logoBy Packaging Segmentation Analysis

  • Paper & Paperboard
  • Plastics

logoRegional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Industry Major Market Players

  • Bimbo Bakeries
  • Hain Celestial Group
  • KIND
  • Quaker
  • Kelloggs
  • Brueggen
  • Clif Bar
  • Bobo's Oat Bars
  • Odwalla Inc.
  • Dove Farm
  • Jinsihou
  • Kashi Company
  • Pure Bar
  • Weiwei Group
  • Otsuka
  • Jordan &Ryvita Company
  • EI Almendro

Frequently Asked Questions

The market growth has been sparked by the introduction of new low carb, high fibre, multigrain, and fortified baked goods and cereals that appeal to health-conscious customers.
According to the Facts and Factors research report, the global Bakery and Cereals market in 2021 was more than USD 526 billion. The market is expected to grow at a CAGR of 5.2% and is anticipated to reach above USD 772 billion by 2030.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to the large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Bakery and Cereals Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Bakery and Cereals Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Bakery and Cereals Market in North America over coming decade.
The key market participants include Dove Farm, Hain Celestial Group, KIND, Bimbo Bakeries, Weetabix Food Company, Quaker, Kelloggs, Brueggen, Jordan &Ryvita Company, Clif Bar, Bobo's Oat Bars, Odwalla Inc., EI Almendro, GENERAL MILLS, Jinsihou, Kashi Company, Pure Bar, Weiwei Group, Otsuka and others.