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India Bakery Market, Size 2021, Industry Share, Growth, Forecast till 2026

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India Bakery Market, Size 2021, Industry Share, Growth, Forecast till 2026

January 19
17:50 2022
India Bakery Market, Size 2021, Industry Share, Growth, Forecast till 2026
Indian Bakery Market
The Indian bakery market size reached a value of US$ 9,626 Million in 2020. Looking forward, IMARC Group expects, the market to grow at a CAGR of 10.8% during 2021-2026.

According to the latest report by IMARC Group, titled “India Bakery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the Indian bakery market size reached a value of US$ 9,626 Million in 2020. Looking forward, IMARC Group expects, the market to grow at a CAGR of 10.8% during 2021-2026. 

 

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.

 

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

 

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India 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.

 

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-bakery-market

 

India Bakery Market 2021-2026 Analysis and Segmentation:

 

Competitive Landscape with Key players:

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

 

Breakup by Product Type:

  • Breads
  • Cakes And Pastries
  • Rusks
  • Biscuits

 

Breakup by Distribution Channel:

  • Supermarkets And Hypermarkets
  • Independent Retailers
  • Artisanal Bakeries

 

Breakup by Region:

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

 

Key highlights of the Report:

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

 

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

 

Other Report:

 

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 pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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