Europe Bakery Product Market, 2019-2025
Europe Bakery Product Market, 2018-2025 (US$M)
Global Market
Related Markets
Europe bakery product market highlights
- The Europe bakery product market generated a revenue of USD 61,174.4 million in 2019.
- The market is expected to grow at a CAGR of 3.5% 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, UK is expected to register the highest CAGR from 2020 to 2025.
Europe data book summary
| Market revenue in 2019 | USD 61,174.4 million |
| Market revenue in 2025 | USD 75,108.6 million |
| Growth rate | 3.5% (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, Europe region accounted for 29.5% 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.
Europe bakery product market is considered to be the dominating market on account of high consumption of nutritious baked products such as gluten-free, high fiber, and Tran’s fat, which is measured as the staple foods. The market in Europe is well equipped pertaining to product selection, regulation, innovation, and consumer preferences.
In a matured economy like Europe, where 73% of the population live in urban areas, people look for instant food. This trend is attributed to the increasing working population looking for food that can be prepared in less time than conventional food.
In addition, perceptions linked to health and well-being is driving the European consumers to opt for a healthy diet. This is resulting in the rising consumption of artisan bread. However, the spending capability of European millennial on bakery products is boosting the demand for high-quality bakery products.
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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/ |
Europe 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 27.58% in 2019.
Horizon Databook has segmented the Europe bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
Europe bakery product market is considered to be the dominating market on account of high consumption of nutritious baked products such as gluten-free, high fiber, and Tran’s fat, which is measured as the staple foods. The market in Europe is well equipped pertaining to product selection, regulation, innovation, and consumer preferences.
In a matured economy like Europe, where 73% of the population live in urban areas, people look for instant food. This trend is attributed to the increasing working population looking for food that can be prepared in less time than conventional food.
In addition, perceptions linked to health and well-being is driving the European consumers to opt for a healthy diet. This is resulting in the rising consumption of artisan bread. However, the spending capability of European millennial on bakery products is boosting the demand for high-quality bakery products.
- Europe Bakery Product Market Product Outlook (Revenue, USD Million , 2018-2025)
- Bread & Rolls
- Cakes & Pastries
- Cookies
- Tortillas
- Pretzels
- Others
- Europe 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 Europe Bakery Product Market, including forecasts for subscribers. This continent databook contains high-level insights into Europe Bakery Product Market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
Europe Bakery Product Market, 2018-2025 (US$M)
Europe bakery product market statistics, by product, 2018-2025 (US$M)
