$12+ Billion Indian Bakery Market Outlook, 2024 - Leading Players are Britannia, ITC and Parle - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 28, 2019--The “Indian Bakery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
The Indian bakery market reached a value of US$ 7.22 Billion in 2018. Looking forward, the market value is projected to exceed US$ 12 Billion by 2024, expanding at a CAGR of 9.3% during 2019-2024.
As breads and biscuits are fast-moving consumer goods (FMCG), they are consumed on a daily basis by the consumers which increases the sales of these products in India. In addition to this, growth in the fast-food chains further stimulates the demand for breads as they are used in sandwiches, burgers, soups, snacks, etc.
Moreover, introduction of value-added bakery products is giving an impetus to the market growth. Apart from this, busy lifestyles, changing eating habits and western influence has reflected in a strong demand for bakery products in India.
Based on product type, the market has been segmented in breads and rolls, cakes and pastries, rusks and biscuits. Currently, biscuits dominate the Indian bakery market, holding the largest share.
On the basis of distribution channel, convenience stores represent the largest segment, followed by supermarkets and hypermarkets, independent retailers and artisanal bakeries.
The competitive landscape of the market has also been examined with some of the key players being Britannia, ITC and Parle.
Key Questions Answered
- How has the Indian bakery market performed so far and how will it perform in the coming years?
- Which are the popular product types in the Indian bakery market?
- What are the major distribution channels in the Indian bakery market?
- What are the various stages in the value chain of the Indian bakery market?
- What are the key driving factors and challenges in the Indian bakery market?
- What is the structure of the Indian bakery market and who are the key players?
- What is the degree of competition in the Indian bakery market?
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Bakery Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Region
5.4 Market Breakup by Product Type
5.5 Market Forecast
6 Indian Bakery Market
6.1 Market Overview
6.2 Market Performance
6.3 Market Forecast
6.4 Market Breakup by Product Type
6.4.2 Bread and Rolls
6.4.3 Cakes and Pastries
6.5 Market Breakup by Distribution Channel
6.5.1 Convenience Stores
6.5.2 Supermarkets and Hypermarkets
6.5.3 Independent Retailers
6.5.4 Artisanal Bakeries
6.6 Value Chain Analysis
6.6.1 Raw Material Procurement
6.6.2 Baked Products Manufacturers
6.7 Price Analysis
6.7.1 Key Price Indicators
6.7.2 Price Structure
6.8 SWOT Analysis
6.9 Porter’s Five Forces Analysis
6.10 Key Market Drivers and Success Factors
6.11 Competitive Landscape
6.12 Market Structure
6.13 Key Players
6.14 Key Player Profiles
For more information about this report visit https://www.researchandmarkets.com/research/vd4q2t/12_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005548/en/
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Related Topics:Baked Goods
KEYWORD: ASIA PACIFIC INDIA
INDUSTRY KEYWORD: RETAIL FOOD/BEVERAGE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/28/2019 09:09 AM/DISC: 02/28/2019 09:09 AM