According to Cognitive Market Research, The Global Bakery Products market will be USD 405.2 billion in 2023 and grow at a compound annual growth rate (CAGR) of 5.50% from 2023 to 2030.
The demand for bakery products is rising due to the rise in snacking culture.
Demand for biscuits remains higher in the bakery products market.
The gluten-free category held the highest bakery products market revenue share in 2023.
Europe will continue to lead, whereas the North American bakery products market will experience the most robust growth until 2030.