GITNUX MARKETDATA REPORT 2024
Bakery Products Industry Statistics
Bakery Products Industry statistics often include data on market size, revenue, growth trends, consumer preferences, and key players within the industry.
In this post, we will explore a comprehensive overview of the bakery products industry, unveiling key statistics and market insights from around the globe. From the market size and growth projections to segment shares and regional trends, these statistics shed light on the dynamic landscape of the bakery industry in various countries. Let’s dive deeper into the data to understand the current state and future prospects of this thriving sector.
Statistic 1
"In 2019, the global bakery product market size was valued at USD 203.8 billion."
Statistic 2
"The market is expected to grow at a compound annual growth rate (CAGR) of 3.2% from 2020 to 2027."
Statistic 3
"The bread segment lead the bakery product market share in 2019, accounting for more than 35% of the total market."
Statistic 4
"Europe held the largest global bakery product market share in 2019, majorly driven by countries such as Germany and U.K."
Statistic 5
"It's forecasted that the U.S. bakery product industry's revenue will amount to about $59 billion in 2022."
Statistic 6
"As of 2020, there are nearly 3,000 independent bakeries in the U.S."
Statistic 7
"Roughly 670,000 people are employed by the U.S. bakery industry."
Statistic 8
"Around 47% of bakeries have increased their staff in the last year."
Statistic 9
"Organic bakery products are projected to register a CAGR of 6.35% during the forecast period (2021 - 2026)."
Statistic 10
"In 2019, the top 5 companies in the global bakery market made up almost 21% of the total market."
Statistic 11
"China and India are expected to be future emerging markets for bakery products because of their large populations and growing middle-class consumer groups."
Statistic 12
"In the UK, wrapped bakery products constituted a market worth 3.27 billion British pounds in 2020."
Statistic 13
"Approximately 88% of total bread sells in the UK are pre-packed."
Statistic 14
"In 2020, the total market value of bakery product consumption in Italy reached about 6.7 billion euros."
Statistic 15
"The compound annual growth rate (CAGR) of the bakery product industry in Brazil is projected to be 3.8% between 2020 and 2025."
Statistic 16
"Frozen bakery products market is expected to reach USD 37.22 billion by 2028, growing at a CAGR of 3.4% from 2021 to 2028."
Statistic 17
"Gluten-free products market, including bakery, is projected to reach USD 43.65 billion by 2027 at a CAGR of 9.2%."
Statistic 18
"The global bakery processing equipment market size is estimated to account for nearly USD 8.9 billion in 2020 and projected to grow at a CAGR of 5.0%, to reach nearly USD 11.4 billion by 2025."
Statistic 19
"In Australia, the bakery industry revenue is projected to grow at 2.0% per year over the five years through 2020-21 to reach $10.3 billion."
Statistic 20
"The Japanese bread and bakery product market was valued at USD 26 billion in 2020 and is projected to grow at a CAGR of 3.54% during the forecast period (2021 - 2026)."
