Indian Bakery Market Overview 2018, Demand by Regions, Share and Forecast to 2023

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    Growth of Indian Bakery Market Boosted by
Introduction of Healthier Products

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Report Description and Highlights
Report Description
  Growth of Indian Bakery Market Boosted by
Introduction of Healthier Products The Indian
bakery market has witnessed a robust growth over
the past several years. Changing consumption
patterns, entry of international bakery chains
and development of new product variants and
flavors have given impetus to the market
growth. The recently published report by IMARC
Group, entitled Indian Bakery Market Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2018-2023, estimates that the Indian
bakery market reached a value of more than US 6
Billion in 2017. Bakery products are extensively
consumed by people of all age groups in India,
owing to their taste and easily digestible
nature. The availability of innovative bakery
products containing multi-grains and whole wheat
with low trans-fat and calorie content has
further facilitated their consumption. Nowadays,
the demand for bakery items is escalating in the
country due to the availability of diversified
products which cater to the changing needs and
demands of the consumers, such as photo and
designer cakes, multi-grain breads, fiber
biscuits, eggless cakes, etc.
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Report Description and Highlights
Report Description
Indian Bakery Market Trends The increasing
penetration of international bakery café chains
in India, such as Café Coffee Day, Monginis,
Barista, etc. have led to the proliferation of
bakery products in the region. Further, the
e-retailing of bakery products has gained
traction in the recent years as it offers
enhanced convenience to the consumers. A shift
has also been witnessed towards the consumption
of bakery items due to the rising influence of
western culture. Additionally, the rising
healthier products including brown, multi-grain,
and whole wheat bread. Apart from this, the trend
health-consciousness of the consumers has
encouraged the manufacturers to focus on
developing of home-bakers and Indianization is
also helping the market to grow, whereas,
environmental concerns are leading the sales of
organic bakery products as consumers are focusing
on the ingredients involved in food preparation.
However, the major challenge faced by the bakery
industry in India is the seasonal fluctuations in
the prices and availability of raw materials. In
addition, the rising competition in this sector
is another impediment faced by the manufacturers.
Looking forward, the market value is projected to
exceed US 11 Billion by 2023, registering a CAGR
of nearly 10 during 2018-2023. Read more here
https//www.imarcgroup.com/indian-bakery-market
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Report Description and Highlights
Report Description

•  
• Indian Bakery Market Summary
• On the basis of type, the market has been
  segmented into rusks and biscuits, breads and
  rolls, and cakes and pastries. Currently,
  biscuits represent the most popular product type
  as they are highly popular in India as a
  tea-snack and are consumed by people of all ages.
• Based on distribution channel, the report finds
  that convenience stores represent the largest
  segment. Convenience stores are followed by
  supermarkets and hypermarkets, independent
  retailers, artisanal bakeries, online and others.
• The competitive landscape of the market is
  concentrated in nature with the leading players
  being Britannia Industries Limited, Surya Food
  and Agro Limited, ITC Limited and Parle Products
  Private Limited.
• Want more information about this market? Request
  a free report sample
• https//www.imarcgroup.com/request?typereportid
  909flagB

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Report Description and Highlights
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Report Description and Highlights
Report Description

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