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Indian Bakery Market Analysis Report 2022-2027, Industry Trends, Growth Rate, Statistics, and Forecast

Indian Bakery Market Overview:

According to the latest report by IMARC Group, titled Indian Bakery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the bakery market size in India reached a value of US$ 10.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 19.3 Billion by 2027, exhibiting a CAGR of 10.94% during 2022-2027. Bakery products are generally prepared by using various ingredients, such as grain-based flour, water, and leavening agents. They commonly include cookies, biscuits, cakes, pastries, flat-bread, tortillas, bun and croissants. Nowadays, these products are gaining widespread popularity among the masses as they are readily available and easy to consume.

Report Coverage:

Base Year of the Analysis2021
Historical Period2016-2021
Forecast Period2022-2027

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic.

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Indian Bakery Market 1
Indian Bakery Market

Indian Bakery Market Trends:

The market in India is majorly driven by significant growth in the food processing sector. This, coupled with the increasing influence of western food trends, is providing a boost to the demand for bakery products in India. Furthermore, the growing number of fast-food chains across the country has also stimulated market growth. Moreover, the easy availability of diversified products, such as multi-grain bread, fiber biscuits, designer cakes and eggless cakes, is providing an impetus to the market growth. Other factors, including rapid urbanization, inflating disposable income levels of the masses and continual improvements in production processes, are further contributing to the market growth.

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Indian Bakery Market 2022-2027 Analysis and Segmentation:

The competitive landscape of the market is concentrated in nature with the leading players being:

Bakery Market in India Competitive Landscape with Key players:

  • Britannia Industries Limited
  • ITC Limited
  • Parle Products Private Limited

Britannia Industries Limited, Surya Food and Agro Limited, ITC Limited, and Parle Products Private Limited.

Our report has categorized the market based on product type and distribution channel.

Market Breakup by Product Type:

  • Biscuit
    • Cookies
    • Cream Biscuits
    • Glucose Biscuits
    • Marie Biscuits
    • Non-Salt Crackers Biscuits
    • Salt Crackers Biscuits
    • Milk Biscuits
    • Others
  • Bread
    • Sandwich Bread
    • Hamburgers
    • Croissants
    • Others
  • Cakes and Pastries
    • Packed Cupcakes
    • Pastries
    • Muffins
    • Layer Cakes
    • Donuts
    • Swiss Roll
    • Others
  • Rusk

On the basis of type, the market has been segmented into biscuits (cookies, cream biscuits, glucose biscuits, Marie biscuits, nonsalt crackers biscuits, salt crackers biscuits, milk biscuits, and others), bread (sandwich bread, hamburgers, croissants, and others), and cakes and pastries (packed cupcakes, pastries, muffins, layer cakes, donuts, swiss roll, and others) and rusks. Currently, biscuits represent the most popular product type as they are highly popular in India as tea snack and are consumed by people of all ages.

Market Breakup by Distribution Channel:

  • Supermarkets And Hypermarkets
  • Independent Retailers
  • Artisanal Bakeries

On the basis of distribution channels, convenience stores represent the largest segment, followed by supermarkets and hypermarkets, independent retailers and artisanal bakeries, online, and others.

Market Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India

Region-wise, the market has been divided into North, West and Central, South, and East India.

Key Highlights of the Report:

  • Market Performance (2016-2021)
  • Market Outlook (2022-2027)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

Note: We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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