The fortified bakery market is forecasted to grow by USD 1458.6 mn during 2023-2028, accelerating at a CAGR of 5.36% during the forecast period. The report on the fortified bakery market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness regarding good health, rising incidence of diseases due to vitamin and calcium deficiency, and increasing demand for instant and nutritious products.
Technavio's fortified bakery market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Accelerate
YOY 2024
4.92%
CAGR
5.36%
Incremental Value
$1458.6mn
By Application
Cake
Biscuits
Bread
Pastries
Others
By Geographical Landscape
North America
Europe
APAC
South America
Middle East and Africa
This study identifies the rising consumption of vitamin-infused bakery product as one of the prime reasons driving the fortified bakery market growth during the next few years. Also, growing demand for artisanal bakery products and organic bakery ingredients and increase in application profiling and new markets for existing applications will lead to sizable demand in the market.
The report on the fortified bakery market covers the following areas:
Fortified bakery market sizing
Fortified bakery market forecast
Fortified bakery market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fortified bakery market vendors that include Allied Bakeries , Archer Daniels Midland Co., Associated British Foods Plc, Britannia Industries Ltd., Bunge Ltd., Chelsea Milling Co., Conagra Brands Inc., CRUST- a baking co., Dawn Food Products Inc., Flowers Foods Inc., Corporativo Bimbo SA de CV, H and S Bakery Inc., Irish Pride Fine Foods, King Milling Co., Koninklijke DSM NV, Mars Inc., Modern Food Enterprises Pvt. Ltd., Nestle SA, Parle Products Pvt. Ltd., Prestige Group, Super Bakery Inc., SURYA FOOD and AGRO LTD., and The Hershey Co.. Also, the fortified bakery market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Fortified Bakery Market 2018 - 2022
Historic Market Size - Data Table on Global Fortified Bakery Market 2018 - 2022 ($ million)