Asia Pacific Bakery Product Market, 2019-2025
Asia Pacific Bakery Product Market, 2018-2025 (US$M)
Global Market
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Asia Pacific bakery product market highlights
- The Asia Pacific bakery product market generated a revenue of USD 44,592.4 million in 2019.
- The market is expected to grow at a CAGR of 3.7% from 2020 to 2025.
- In terms of segment, cakes & pastries was the largest revenue generating product in 2019.
- Cakes & Pastries is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2020 to 2025.
Asia Pacific data book summary
| Market revenue in 2019 | USD 44,592.4 million |
| Market revenue in 2025 | USD 55,564.3 million |
| Growth rate | 3.7% (CAGR from 2019 to 2025) |
| Largest segment | Cakes & pastries |
| Fastest growing segment | Cakes & Pastries |
| Historical data covered | 2018 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bread & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels |
| Key market players worldwide | The Kraft Heinz Co, Nestle SA, Grupo Bimbo SAB de CV ADR, Britannia Industries, General Mills Inc, Associated British Foods PLC, Campbell Soup Co |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.5% of the global bakery product market in 2019.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2025.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 55,564.3 million by 2025.
Asia Pacific bakery products market is anticipated to advance at the fastest CAGR, with Japan, India, and China capturing the major share of the market. Massive population, increasing disposable incomes, high proportion of young population, and variation in dining habits are the most important factors that are fueling the bakery products market in this region.
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Bakery Product Market
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nestle SA | View profile | 270,000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | www.nestle.com |
| Associated British Foods PLC | View profile | 133,000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | www.abf.co.uk |
| Campbell Soup Co | View profile | 14,500 | 1 Campbell Place, Camden, NJ, United States, 08103-1799 | www.campbellsoupcompany.com |
| General Mills Inc | View profile | 34,000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | www.generalmills.com |
| The Kraft Heinz Co | View profile | 36,000 | One PPG Place, Pittsburgh, PA, United States, 15222 | www.kraftheinzcompany.com |
| Grupo Bimbo SAB de CV ADR | View profile | 148,868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | www.grupobimbo.com |
| Britannia Industries | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | britannia.co.in/ |
Asia Pacific Bakery Product Market
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Bakery Product Market will help companies and investors design strategic landscapes.
Cakes & Pastries was the largest segment with a revenue share of 28.79% in 2019.
Horizon Databook has segmented the Asia Pacific bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
Asia Pacific bakery products market is anticipated to advance at the fastest CAGR, with Japan, India, and China capturing the major share of the market. Massive population, increasing disposable incomes, high proportion of young population, and variation in dining habits are the most important factors that are fueling the bakery products market in this region.
- Asia Pacific Bakery Product Market Product Outlook (Revenue, USD Million , 2018-2025)
- Bread & Rolls
- Cakes & Pastries
- Cookies
- Tortillas
- Pretzels
- Others
- Asia Pacific Bakery Product Market Distribution Channel Outlook (Revenue, USD Million , 2018-2025)
- Hypermarket & Supermarket
- Convenience Store
- Specialty Stores
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific Bakery Product Market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific Bakery Product Market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
Asia Pacific Bakery Product Market, 2018-2025 (US$M)
Asia Pacific bakery product market statistics, by product, 2018-2025 (US$M)
