Due to the COVID-19 pandemic, the global Baked Food & Cereals market size is estimated to be worth US$ 409860 million in 2021 and is forecast to a readjusted size of US$ 498310 million by 2028 with a CAGR of 2.4% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Baked Food & Cereals market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Baked Food & Cereals landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Change in baked food & cereals consumption pattern and inclination towards healthier products are the primary factor affecting the market. Asia-Pacific is the fastest growing market driven by changing lifestyle and increased consumer taste for nutritional Baked food & cereals. Consumers demand for new varieties of Baked food & cereals and rolls from different region and culture are accelerating the market growth.
This report focuses on Baked Food & Cereals volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Baked Food & Cereals market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.
Global Baked Food & Cereals Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Breads
Breakfast Cereals
Sweet Biscuits
Crackers and Savory Biscuits
Cakes, Pastries, and Sweet Pies
Others
Segment by Application
Convenience Stores
Specialist Retailers
Supermarkets and Hypermarkets
On-line Retail
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Associated British Foods
Barilla Group
Grupo Bimbo
General Mills
Yamazaki Baking
Chipita
The Kellogg Company
United Biscuits (UK)
Finsbury Food Group