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Global Bakery Contract Manufacturing Market to reach USD 43.68 billion by the end of 2030.

Global Bakery Contract Manufacturing Market Size Study & Forecast, by Service (Manufacturing, Packaging, Custom Formulation and R&D) and Regional Analysis, 2023-2030

Product Code: OIRIGS-63855095
Publish Date: 20-12-2023
Page: 200

Global Bakery Contract Manufacturing Market is valued at approximately USD 21.13 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.5% over the forecast period 2023-2030. Bakery contract manufacturing refers to a business arrangement in which a bakery or food production company outsources the manufacturing and production of its bakery products to a third-party manufacturer. The third-party manufacturer, also known as a contract manufacturer, is responsible for producing the bakery items according to the specifications, recipes, and quality standards provided by the contracting company. Moreover, the increasing demand for bakery products coupled with changing consumer preferences and lifestyle trends has created a need for efficient and scalable production processes. manufacturers and contract manufacturers, bakery companies ensure to meet this demand while focusing on product innovation and market expansion.

The projected increase in demand for fast food and packaged food is expected to drive manufacturers to expand their production capacities, resulting in a rising demand for baked goods. Furthermore, the Packaging Machinery Manufacturers Institute has predicted the food packaging sector in the United States is flourish with the CAGR (Compound Annual Growth Rate) of 2.9 percent in 2022. Additionally, the emergence of clean-label products with unique flavors and enhanced texture and taste as well as technological advancements in the preparation of baked food items. These trends present growth opportunities for the Bakery Contract Manufacturing Market. However, the challenges related to maintaining consistent product quality, and managing logistical complexities across multiple manufacturing locations stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Bakery Contract Manufacturing Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to factors such as growing health consciousness among consumers, dietary shifts, and changing preferences for nutritious food and beverages. These trends observed in the European food and beverages industry are anticipated to drive the demand for bakery contract manufacturing services in the region. Asia Pacific is expected to grow significantly over the forecast period, owing to factors including the increasing middle-class population, their rising purchasing power, and the evolving preferences of the millennial population towards processed food products. These factors are expected to drive the demand for bakery contract manufacturing services in the region.

Major market players included in this report are:
De Banketgroep B.V.
HACO Holding AG
PacMoore Products, Inc.
Blackfriars Bakery
Southern Bakeries, LLC
Cibus Nexum BV
Hearthside Food Solutions LLC
Perfection Foods Ltd
Richmond Baking Co.
Oakhouse Bakery

Recent Developments in the Market:
Ø In December 2021 Hearthside Foods Solutions, LLC announced that the company has completed the acquisition of the assets of Weston Foods Ambient Division. This acquisition is likely to enhance Hearthside’s presence and connectivity to a network of 43 facilities located across Europe, the United States, and Canada.

Global Bakery Contract Manufacturing Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered -Service, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service:
Manufacturing
Packaging
Custom Formulation and R&D

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Bakery Contract Manufacturing Market, by Region, 2020-2030 (USD Billion)
1.2.2. Bakery Contract Manufacturing Market, by Service, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Bakery Contract Manufacturing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Bakery Contract Manufacturing Market Dynamics
3.1. Bakery Contract Manufacturing Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing demand for bakery products
3.1.1.2. Changing consumer preferences and lifestyle trends
3.1.2. Market Challenges
3.1.2.1. Managing logistical complexities across multiple manufacturing locations
3.1.2.2. Maintaining consistent product quality
3.1.3. Market Opportunities
3.1.3.1. Emergence of clean-label products
3.1.3.2. Technological advancements in the preparation of baked food items
Chapter 4. Global Bakery Contract Manufacturing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Bakery Contract Manufacturing Market, by Service
5.1. Market Snapshot
5.2. Global Bakery Contract Manufacturing Market by Service, Performance – Potential Analysis
5.3. Global Bakery Contract Manufacturing Market Estimates & Forecasts by Service 2020-2030 (USD Billion)
5.4. Bakery Contract Manufacturing Market, Sub Segment Analysis
5.4.1. Manufacturing
5.4.2. Packaging
5.4.3. Custom Formulation and R&D
Chapter 6. Global Bakery Contract Manufacturing Market, Regional Analysis
6.1. Top Leading Countries
6.2. Top Emerging Countries
6.3. Bakery Contract Manufacturing Market, Regional Market Snapshot
6.4. North America Bakery Contract Manufacturing Market
6.4.1. U.S. Bakery Contract Manufacturing Market
6.4.1.1. Service breakdown estimates & forecasts, 2020-2030
6.4.2. Canada Bakery Contract Manufacturing Market
6.5. Europe Bakery Contract Manufacturing Market Snapshot
6.5.1. U.K. Bakery Contract Manufacturing Market
6.5.2. Germany Bakery Contract Manufacturing Market
6.5.3. France Bakery Contract Manufacturing Market
6.5.4. Spain Bakery Contract Manufacturing Market
6.5.5. Italy Bakery Contract Manufacturing Market
6.5.6. Rest of Europe Bakery Contract Manufacturing Market
6.6. Asia-Pacific Bakery Contract Manufacturing Market Snapshot
6.6.1. China Bakery Contract Manufacturing Market
6.6.2. India Bakery Contract Manufacturing Market
6.6.3. Japan Bakery Contract Manufacturing Market
6.6.4. Australia Bakery Contract Manufacturing Market
6.6.5. South Korea Bakery Contract Manufacturing Market
6.6.6. Rest of Asia Pacific Bakery Contract Manufacturing Market
6.7. Latin America Bakery Contract Manufacturing Market Snapshot
6.7.1. Brazil Bakery Contract Manufacturing Market
6.7.2. Mexico Bakery Contract Manufacturing Market
6.8. Middle East & Africa Bakery Contract Manufacturing Market
6.8.1. Saudi Arabia Bakery Contract Manufacturing Market
6.8.2. South Africa Bakery Contract Manufacturing Market
6.8.3. Rest of Middle East & Africa Bakery Contract Manufacturing Market

Chapter 7. Competitive Intelligence
7.1. Key Company SWOT Analysis
7.1.1. Company 1
7.1.2. Company 2
7.1.3. Company 3
7.2. Top Market Strategies
7.3. Company Profiles
7.3.1. De Banketgroep B.V.
7.3.1.1. Key Information
7.3.1.2. Overview
7.3.1.3. Financial (Subject to Data Availability)
7.3.1.4. Product Summary
7.3.1.5. Recent Developments
7.3.2. HACO Holding AG
7.3.3. PacMoore Products, Inc.
7.3.4. Blackfriars Bakery
7.3.5. Southern Bakeries, LLC
7.3.6. Cibus Nexum BV
7.3.7. Hearthside Food Solutions LLC
7.3.8. Perfection Foods Ltd.
7.3.9. Richmond Baking Co.
7.3.10. Oakhouse Bakery
Chapter 8. Research Process
8.1. Research Process
8.1.1. Data Mining
8.1.2. Analysis
8.1.3. Market Estimation
8.1.4. Validation
8.1.5. Publishing
8.2. Research Attributes
8.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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