North America Bakery Product Market Size & Outlook
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North America bakery product market highlights
- The North America bakery product market generated a revenue of USD 54,446.3 million in 2019.
- The market is expected to grow at a CAGR of 3.2% 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, U.S. is expected to register the highest CAGR from 2020 to 2025.
North America data book summary
| Market revenue in 2019 | USD 54,446.3 million |
| Market revenue in 2025 | USD 65,765.5 million |
| Growth rate | 3.2% (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, North America region accounted for 26.3% 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.
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Bakery Product Market Scope
Bakery Product Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Britannia Industries | View profile | 1001-5000 | Kolkata, West Bengal, India, Asia | http://britannia.co.in/ |
| Grupo Bimbo SAB de CV ADR | View profile | 148868 | Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Mexico, MEX, Mexico, 01210 | http://www.grupobimbo.com |
| The Kraft Heinz Co | View profile | 36000 | One PPG Place, Pittsburgh, PA, United States, 15222 | https://www.kraftheinzcompany.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| Campbell Soup Co | View profile | 14500 | 1 Campbell Place, Camden, NJ, United States, 08103-1799 | https://www.campbellsoupcompany.com |
| Associated British Foods PLC | View profile | 133000 | 10 Grosvenor Street, Weston Centre, London, United Kingdom, W1K 4QY | https://www.abf.co.uk |
| Nestle SA | View profile | 270000 | Avenue Nestle 55, Vevey, Switzerland, CH-1800 | https://www.nestle.com |
North America bakery product market outlook
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 25.88% in 2019. Horizon Databook has segmented the North America bakery product market based on bread & rolls, cakes & pastries, cookies, tortillas, pretzels covering the revenue growth of each sub-segment from 2018 to 2025.
Product market is anticipated to witness continued consolidations as well as increasing focus on fresh products over the forecast period. Premium section is also expected to witness a high growth rate owing to consumer’s preference toward high-quality products.
In addition, healthier options, such as organic bakery items, are trending at a rapid pace across the region owing to the rising awareness regarding health benefits among consumers.
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Target buyers of North America bakery product market databook
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Our clientele includes a mix of bakery product market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America bakery product market, including forecasts for subscribers. This continent databook contains high-level insights into North America bakery product market from 2018 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
North America bakery product market size, by country, 2018-2025 (US$M)
North America Bakery Product Market Share, 2019 & 2025 (US$M)
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