Bakery Contract Manufacturing Market (By Service: Manufacturing, Packaging, Custom Formulation and R&D) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global laser hair removal market size was USD 23.20 billion in 2023, calculated at USD 25.40 billion in 2024 and is expected to reach around USD 57.59 billion by 2033, expanding at a CAGR of 9.52% from 2024 to 2033. The growing demand for bakery products significantly increases the demand for the bakery contract manufacturing market.
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The Europe bakery contract manufacturing market was valued at USD 7.89 billion in 2023 and is expected to be worth around USD 19.87 billion by 2033, at a CAGR of 9.67% from 2024 to 2033.
Europe held the largest share of the bakery contract manufacturing market in 2023. A rising trend among consumers is the preference for specialty bakery goods, such as those that are low-sugar, organic, gluten-free, and non-GMO. The need for specialist contract manufacturing services is driven by the need for healthier and personalized baked goods.
The bakery contract manufacturing market in Europe is very competitive and focused on innovation. The contract manufacturers help firms launch cutting-edge baked goods into the market more swiftly by providing their experience in formulating and producing new products. The private label businesses are becoming more and more popular among European retailers. To create affordable and high-quality bakery items, these brands need contract manufacturing services.
Asia Pacific is expected to grow at the fastest rate in the bakery contract manufacturing market during the forecast period. The region's urbanization has resulted in hectic lives, which has raised demand for quick-to-eat bakery goods. The demand for effective contract manufacturing-based bakery production has arisen as a result of this change. Consumers in the area now have easier access to bakery items because of the growth of supermarkets, hypermarkets, and e-commerce platforms.
Increasing middle-class populations in Southeast Asian, Indian, and Chinese countries have led to higher discretionary incomes. The spending by this generation has increased on a range of food products, particularly premium and high-quality baked goods. Asia Pacific has seen a sharp increase in the acceptance of Western cuisine, which includes baked goods like bread, cakes, and pastries. The bread business has grown as a result of this tendency, which has increased demand for the bakery contract manufacturing market.
The bakery contract manufacturing is the practice of contracting out the manufacturing of bakery goods to other producers. The bakery contract manufacturers are these specialist manufacturers who manage the full production process, freeing up bakery brands to concentrate on other business-related activities like product development, marketing, and distribution.
The bakery contract manufacturing market is fragmented with multiple small-scale and large-scale players, such as Blackfriars Bakery, Perfection Foods, Michel’s Bakery, Inc., Tradition Fine Foods Ltd, Oakhouse Bakery, Cibus Nexus, Southern Bakeries LLC, Stephano Group Ltd., Hearthside Food Solutions LLC, Richmond Baking, Adventure Bakery LLC, Bake Works, Inc., De Banketgroep B.V., PacMoore Products, Inc., HACO Holding AG.
Report Coverage | Details |
Market Size by 2033 | USD 57.59 Billion |
Market Size in 2023 | USD 23.20 Billion |
Market Size in 2024 | USD 25.40 Billion |
Market Growth Rate from 2024 to 2033 | CAGR of 9.52% |
Largest Market | Europe |
Base Year | 2023 |
Forecast Period | 2024 to 2033 |
Segments Covered | Service, and Regions |
Regions Covered | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Rising demand for long shelves of bakery products
The rising demand for a long shelf of bakery products can boost the growth of the bakery contract manufacturing market. The market can benefit from the growing demand for long-shelf-life bakery products in a number of ways, including increased consumer convenience, increased market reach, improved supply chain efficiency, food security, leveraging technological advancements, cost savings, assuring health and safety, offering market differentiation, and supporting economic stability. Together, these elements propel market expansion and innovation.
Higher long-term cost
The higher long-term cost may slow down the growth of the bakery contract manufacturing market. The higher long-term costs can impede the market's growth for contract manufacturing of bakery goods by raising production and operating costs, putting pressure on prices, restricting market accessibility, straining finances, complicating the supply chain, and necessitating ongoing investments in workforce training and compliance.
Technical advancement in bakery contract manufacturing
Technical advancements in bakery contract manufacturing may be an opportunity to boost the bakery contract manufacturing market. The time and personnel expenses associated with manufacturing processes can be decreased with the help of modern automated technologies. The results are higher manufacturing quantities and consistent product quality. The product quality and shelf life can be improved by innovations like fast cooling systems and precise bake ovens.
Maintaining the reputation of a brand depends on every batch of baked goods meeting the same exacting standards, which are ensured by sophisticated technology and precise control systems. Advanced sensors and monitoring systems have the ability to identify and address problems instantly, guaranteeing that the finished goods fulfill exacting standards for quality.
The manufacturing segment dominated the bakery contract manufacturing market in 2023. Large-scale bakery manufacturing is made possible by the advanced machinery and specialized knowledge of contract manufacturers. They can now efficiently and affordably make superior bakery goods thanks to this. The labor, raw material, and equipment maintenance expenses are decreased for bakery brands when manufacturing is outsourced to contract manufacturers. For small and medium-sized businesses (SMEs) that might lack the funding to invest in expansive manufacturing facilities, this is especially beneficial. The flexibility for bakery brands is provided by contract manufacturers, who may adjust production levels in response to demand. In the bread sector, demand might fluctuate depending on market trends or be seasonal. Therefore, this is quite important. Bakeries may concentrate on their key skills, such as product creation, marketing, and distribution, by outsourcing the production process.
The custom formulation segment is expected to grow at a significant CAGR in the bakery contract manufacturing market during the forecast period. The consumer demand for distinctive and customized baked goods that address particular preferences, dietary needs, and health issues is rising. By developing specialized goods, businesses are able to satisfy these needs thanks to custom formulas. The demand for bakery goods with particular health advantages, such as gluten-free, low-sugar, high-protein, and vegan alternatives, is being driven by growing knowledge about health and well-being. The production of these specific goods is made possible by custom formulation. The bakery businesses aim to set themselves apart in a crowded market by introducing novel items. By experimenting with different ingredients, tastes, and product forms, custom formulation enables firms to create distinctive products that stand out in the bakery contract manufacturing marketplace.
Segment Covered in the Report
By Service
By Geography
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Bakery Contract Manufacturing Market
5.1. COVID-19 Landscape: Bakery Contract Manufacturing Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Bakery Contract Manufacturing Market, By Service
8.1. Bakery Contract Manufacturing Market, by Service Type, 2024-2033
8.1.1. Manufacturing
8.1.1.1. Market Revenue and Forecast (2021-2033)
8.1.2. Packaging
8.1.2.1. Market Revenue and Forecast (2021-2033)
8.1.3. Custom Formulation and R&D
8.1.3.1. Market Revenue and Forecast (2021-2033)
Chapter 9. Global Bakery Contract Manufacturing Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Service (2021-2033)
9.1.2. U.S.
9.1.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.1.3. Rest of North America
9.1.3.1. Market Revenue and Forecast, by Service (2021-2033)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.2.2. UK
9.2.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.2.3. Germany
9.2.3.1. Market Revenue and Forecast, by Service (2021-2033)
9.2.4. France
9.2.4.1. Market Revenue and Forecast, by Service (2021-2033)
9.2.5. Rest of Europe
9.2.5.1. Market Revenue and Forecast, by Service (2021-2033)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Service (2021-2033)
9.3.2. India
9.3.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.3.3. China
9.3.3.1. Market Revenue and Forecast, by Service (2021-2033)
9.3.4. Japan
9.3.4.1. Market Revenue and Forecast, by Service (2021-2033)
9.3.5. Rest of APAC
9.3.5.1. Market Revenue and Forecast, by Service (2021-2033)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Service (2021-2033)
9.4.2. GCC
9.4.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.4.3. North Africa
9.4.3.1. Market Revenue and Forecast, by Service (2021-2033)
9.4.4. South Africa
9.4.4.1. Market Revenue and Forecast, by Service (2021-2033)
9.4.5. Rest of MEA
9.4.5.1. Market Revenue and Forecast, by Service (2021-2033)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Service (2021-2033)
9.5.2. Brazil
9.5.2.1. Market Revenue and Forecast, by Service (2021-2033)
9.5.3. Rest of LATAM
9.5.3.1. Market Revenue and Forecast, by Service (2021-2033)
Chapter 10. Company Profiles
10.1. De Banketgroep B.V.
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. PacMoore Products, Inc.
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. HACO Holding AG
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Blackfriars Bakery
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Cibus Nexus
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Hearthside Food Solutions LLC
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Perfection Foods
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Oakhouse Bakery
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Richmond Baking
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Adventure Bakery LLC
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
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