Baked foods are full of taste as it is cooked more within its own oil, so they are very juicy and rich in flavor if cooked with accurate time, temperature and measured ingredients The most common types of baked foods can be segmented such as baked bakery products which include baked cakes and pastries, baked breads & rolls, baked donuts, baked biscuits, and baked dairy products.
Increasing demand for naturally baked, organic, and ready-to-eat products, along with the rise in the number of working population, is driving the growth of the baked foods market. Baked foods are low in fat for which they are gaining popularity among the rising number of health-conscious consumers.
Jan 2018 Brock O'Hurn and Sarah Stage have introduced “Quest Protein Cookie” which delivers a soft and chewy baked goods texture
March 2017 Finsbury Food Group launched a new cake range with Mary Berry and opened a new facility to bake higher-quality loaves
Oct 2017 Grupo Bimbo completed the acquisition of East Balt Bakeries, one of the leading companies of the foodservice industry, which produces and provides bakery products to Quick Service Restaurants (QSR).
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Grupo Bimbo (Mexico), Finsbury Food Group (U.K), Flowers Foods (Georgia), Hostess Brands (U.S.), McKee Foods (U.S.), Yamazaki Baking (Japan), Aryzta (Switzerland), BreadTalk (Singapore), George Weston (Canada), Hillshire Brands (U.S.), Monginis (India), and Pepperidge Farm (U.S.), among others.
The global baked foods market is segmented into type and distribution channel.
Based on type, baked foods market is segmented into cakes & pastries, bread & rolls, donuts, biscuits, and others. Among all, the cakes & pastries segment will witness exponential growth rate during the forecast period, due to a rise in the demand for trans-fat free baked foods.
Browse the market data and information spread across 110 pages with 47 data tables and 12 figures of the report “Baked Foods Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/baked-foods-market-1598
Europe will witness maximum growth in the baked foods market followed by North America. In terms of value, the market size of Europe will continue to dominate the market, owing to the demand for soluble dietary fibers. The increasing per capita disposable income in India and China and growing demand for baked products will drive the growth of this market.
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