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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1236839

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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1236839

Indian Bakery Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

  • The Indian bakery market size reached US$ 11.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 21.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.8% during 2023-2028.
  • A bakery is an establishment that prepares and sells flour-based baked products, such as bread, tortilla, cookies, donuts, cakes, pastries, and pies. These products are prepared using a variety of grains, such as rye, maize, wheat, and oats. They offer essential nutrients and are rich in calcium, fiber, iron, energy, fat, protein, vitamins, and minerals that promote health. Besides this, bakery products offer convenience and affordability to consumers, thereby gaining immense popularity across India.

Indian Bakery Market Trends:

  • The growing population is resulting in the increasing demand for bakery food products in India. This represents one of the key factors positively influencing the market. In addition, the rising consumption of bread, biscuits, and fast-moving consumer goods (FMCG) is contributing to market growth. Apart from this, the increasing influence of western food trends is catalyzing the demand for bakery products in the country. This, in confluence with the rising consumption of cakes on birthdays and other special occasions, is stimulating market growth. Along with this, the burgeoning food and beverage (F&B) industry, coupled with the expansion of quick service restaurants (QSRs) and fast-food chains, is increasing the usage of bread for preparing sandwiches, soups, burgers, and snacks. Additionally, hectic lifestyles and changing dietary patterns are driving the consumption of ready-to-eat (RTE) food and bakery products, which, in turn, are creating a positive outlook for the market in India. Furthermore, the rising health awareness among individuals is propelling manufacturers to introduce healthy, low trans-fat, multi-grain, and whole wheat bakery products. Besides this, the expansion of hypermarkets, supermarkets, convenience stores, and departmental stores is offering lucrative growth opportunities to manufacturers operating in the country. Furthermore, the thriving e-commerce industry that offers doorstep delivery, exciting offers, and online payment methods is augmenting the market growth. In line with this, the rising focus of leading market players on promotional activities to expand their market reach and increase profitability is impelling the market growth. They are also increasingly investing in research and development (R&D) activities to launch organoleptically improved products.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the Indian bakery market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type and distribution channel.

Breakup by Product Type:

  • Biscuit
  • Cookies
  • Cream Biscuits
  • Glucose Biscuits
  • Marie Biscuits
  • Non Salt Crackers Biscuits
  • Salt Crackers Biscuits
  • Milk Biscuits
  • Others
  • Bread
  • Sandwich Breads
  • Hamburgers
  • Croissants
  • Others
  • Cakes and Pastries
  • Packed Cupcakes
  • Pastries
  • Muffins
  • Layer Cakes
  • Donuts
  • Swiss Roll
  • Others
  • Rusk
  • Biscuits are the most consumed bakery products due to their innovative flavors, designs, nutritional value, and affordable prices. Additionally, the introduction of innovative product variants is increasing their sales.

Breakup by Distribution Channel:

  • Convenience Stores
  • Supermarkets and Hypermarkets
  • Independent Retailers
  • Artisanal Bakeries
  • Online
  • Others
  • Convenience stores represent the largest segment as they allow easier access to a wide variety of bakery items for consumers.

Breakup by Region:

  • North India
  • West and Central India
  • South India
  • East India
  • On the basis of the region, the market has been segmented into North, West and Central, South, and East India.

Competitive Landscape:

  • The competitive landscape of the market has also been examined with some of the key players being Britannia Industries Limited, ITC Limited, Parle Products Private Limited and Surya Food and Agro Limited.
  • This report provides a deep insight into the Indian bakery market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Indian bakery market in any manner.

Key Questions Answered in This Report:

  • 1. What is the size of the Indian bakery market?
  • 2. What has been the impact of COVID-19 on the Indian bakery market?
  • 3. What are the key factors driving the Indian bakery market?
  • 4. What is the breakup of the Indian bakery market based on the product type?
  • 5. What is the breakup of the Indian bakery market based on the distribution channel?
  • 6. Who are the key players/companies in the Indian bakery market?
Product Code: SR1523A104_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology
  • 2.6 Study Assumptions

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Indian Bakery Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Price Analysis
    • 5.3.1 Price Indicators
    • 5.3.2 Price Structure
    • 5.3.3 Margin Analysis
  • 5.4 Impact of COVID-19
  • 5.5 Market Breakup by Product Type
  • 5.6 Market Breakup by Region
  • 5.7 Market Breakup by Distribution Channel
  • 5.8 Market Forecast
  • 5.9 SWOT Analysis
    • 5.9.1 Overview
    • 5.9.2 Strengths
    • 5.9.3 Weaknesses
    • 5.9.4 Opportunities
    • 5.9.5 Threats
  • 5.10 Value Chain Analysis
    • 5.10.1 Input Suppliers
    • 5.10.2 Farmers
    • 5.10.3 Collectors (Small scale/Large scale)
    • 5.10.4 Intermediate Product Manufacturers
    • 5.10.5 Bakery Product Manufacturers
    • 5.10.6 Distribution
    • 5.10.7 Commission Agents
    • 5.10.8 Wholesalers
    • 5.10.9 Exporters
    • 5.10.10 Retailers
  • 5.11 Porter's Five Forces Analysis
    • 5.11.1 Bargaining Power of Suppliers
    • 5.11.2 Bargaining Power of Buyers
    • 5.11.3 Threat of New Entrants
    • 5.11.4 Degree of Rivalry
    • 5.11.5 Threat of Substitutes

6 PESTEL Analysis

  • 6.1 Political Factors
  • 6.2 Economic Factors
  • 6.3 Social Factors
  • 6.4 Technological Factors
  • 6.5 Environmental Factors
  • 6.6 Legal Factors

7 Indian Biscuit Market

  • 7.1 Market Overview
  • 7.2 Market Performance
  • 7.3 Market Breakup by Product Type
    • 7.3.1 Cookies
      • 7.3.1.1 Market Trends
      • 7.3.1.2 Market Forecast
    • 7.3.2 Cream Biscuits
      • 7.3.2.1 Market Trends
      • 7.3.2.2 Market Forecast
    • 7.3.3 Glucose Biscuits
      • 7.3.3.1 Market Trends
      • 7.3.3.2 Market Forecast
    • 7.3.4 Marie Biscuits
      • 7.3.4.1 Market Trends
      • 7.3.4.2 Market Forecast
    • 7.3.5 Non Salt Crackers Biscuits
      • 7.3.5.1 Market Trends
      • 7.3.5.2 Market Forecast
    • 7.3.6 Salt Crackers Biscuits
      • 7.3.6.1 Market Trends
      • 7.3.6.2 Market Forecast
    • 7.3.7 Milk Biscuits
      • 7.3.7.1 Market Trends
      • 7.3.7.2 Market Forecast
    • 7.3.8 Others
      • 7.3.8.1 Market Trends
      • 7.3.8.2 Market Forecast

8 Indian Bread Market

  • 8.1 Market Overview
  • 8.2 Market Performance
  • 8.3 Market Breakup by Product Type
    • 8.3.1 Sandwich Breads
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 Hamburgers
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 Croissants
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Others
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
  • 8.4 Market Forecast

9 Indian Cakes and Pastries Market

  • 9.1 Market Overview
  • 9.2 Market Performance
  • 9.3 Market Breakup by Product Type
    • 9.3.1 Packed Cupcakes
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 Pastries
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 Muffins
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Layer Cakes
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Donuts
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Swiss Roll
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Market Forecast

10 Indian Rusk Market

  • 10.1 Market Overview
  • 10.2 Market Performance
  • 10.3 Market Forecast

11 Indian Bakery Market Breakup by Region

  • 11.1 North India
    • 11.1.1 Market Trends
    • 11.1.2 Market Forecast
  • 11.2 West and Central India
    • 11.2.1 Market Trends
    • 11.2.2 Market Forecast
  • 11.3 South India
    • 11.3.1 Market Trends
    • 11.3.2 Market Forecast
  • 11.4 East India
    • 11.4.1 Market Trends
    • 11.4.2 Market Forecast

12 Indian Bakery Market Breakup by Distribution Channel

  • 12.1 Convenience Stores
    • 12.1.1 Market Trends
    • 12.1.2 Market Forecast
  • 12.2 Supermarkets and Hypermarkets
    • 12.2.1 Market Trends
    • 12.2.2 Market Forecast
  • 12.3 Independent Retailers
    • 12.3.1 Market Trends
    • 12.3.2 Market Forecast
  • 12.4 Artisanal Bakeries
    • 12.4.1 Market Trends
    • 12.4.2 Market Forecast
  • 12.5 Online
    • 12.5.1 Market Trends
    • 12.5.2 Market Forecast
  • 12.6 Others
    • 12.6.1 Market Trends
    • 12.6.2 Market Forecast

13 Imports and Exports

  • 13.1 Imports by Major Countries
  • 13.2 Exports by Major Countries

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players

15 Manufacturing Process

  • 15.1 Product Overview
  • 15.2 Raw Material Requirement
  • 15.3 Various Units Operations Involved
  • 15.4 Market Drivers

16 Project Details, Requirements and Costs Involved

  • 16.1 Land Requirements and Expenditures
  • 16.2 Construction Requirements and Expenditures
  • 16.3 Plant Machinery
  • 16.4 Machinery Pictures
  • 16.5 Raw Material Requirements and Expenditures
  • 16.6 Raw Material and Final Product Pictures
  • 16.7 Packaging Requirements and Expenditures
  • 16.8 Transportation Requirements and Expenditures
  • 16.9 Utility Requirements and Expenditures
  • 16.10 Manpower Requirements and Expenditures
  • 16.11 Other Capital Investments

17 Loans and Financial Assistance

18 Project Economics

  • 18.1 Capital Cost of the Project
  • 18.2 Techno-Economic Parameters
  • 18.3 Product Pricing and Margins Across Various Levels of the Supply Chain
  • 18.4 Taxation and Depreciation
  • 18.5 Income Projections
  • 18.6 Expenditure Projections
  • 18.7 Financial Analysis
  • 18.8 Profit Analysis

19 Key Players Profile

  • 19.1 Britannia Industries Limited
  • 19.2 Parle Products Private Limited
  • 19.3 ITC Limited
  • 19.4 Surya Food and Agro LimitedList of Figures
  • Figure 1: India: Bakery Market: Major Drivers and Challenges
  • Figure 2: India: Bakery Market: Value Trends (in Billion US$), 2017-2022
  • Figure 3: India: Bakery Market: Breakup by Product Type (in %), 2022
  • Figure 4: India: Bakery Market: Breakup by Region (in %), 2022
  • Figure 5: India: Bakery Market: Breakup by Distribution Channel (in %), 2022
  • Figure 6: India: Bakery Market Forecast: Value Trends (in Billion US$), 2023-2028
  • Figure 7: Bakery Market: Price Structure
  • Figure 8: India: Bakery Industry: SWOT Analysis
  • Figure 9: India: Bakery Industry: Value Chain Analysis
  • Figure 10: India: Bakery Industry: Various Distribution Channels
  • Figure 11: India: Bakery Industry: Porter's Five Forces Analysis
  • Figure 12: India: Bakery Industry: PESTEL Analysis
  • Figure 13: India: Biscuit Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 14: India: Biscuit Market: Breakup by Product Type (in %), 2022
  • Figure 15: India: Biscuit Market (Cookies): Value Trends (in Million US$), 2017 & 2022
  • Figure 16: India: Biscuit Market Forecast (Cookies): Value Trends (in Million US$), 2023-2028
  • Figure 17: India: Biscuit Market (Cream Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 18: India: Biscuit Market Forecast (Cream Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 19: India: Biscuit Market (Glucose Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 20: India: Biscuit Market Forecast (Glucose Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 21: India: Biscuit Market (Marie Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 22: India: Biscuit Market Forecast (Marie Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 23: India: Biscuit Market (Non Salt Crackers Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 24: India: Biscuit Market Forecast (Non Salt Crackers Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 25: India: Biscuit Market (Salt Crackers Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 26: India: Biscuit Market Forecast (Salt Crackers Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 27: India: Biscuit Market (Milk Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 28: India: Biscuit Market Forecast (Milk Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 29: India: Biscuit Market (Other Biscuits): Value Trends (in Million US$), 2017 & 2022
  • Figure 30: India: Biscuit Market Forecast (Other Biscuits): Value Trends (in Million US$), 2023-2028
  • Figure 31: India: Biscuit Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 32: India: Bread Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 33: India: Bread Market: Breakup by Product Type (in %), 2022
  • Figure 34: India: Bread Market (Sandwich Breads): Value Trends (in Million US$), 2017 & 2022
  • Figure 35: India: Bread Market Forecast (Sandwich Breads): Value Trends (in Million US$), 2023-2028
  • Figure 36: India: Bread Market (Hamburgers): Value Trends (in Million US$), 2017 & 2022
  • Figure 37: India: Bread Market Forecast (Hamburgers): Value Trends (in Million US$), 2023-2028
  • Figure 38: India: Bread Market (Croissants): Value Trends (in Million US$), 2017 & 2022
  • Figure 39: India: Bread Market Forecast (Croissants): Value Trends (in Million US$), 2023-2028
  • Figure 40: India: Bread Market (Other Bread Types): Value Trends (in Million US$), 2017 & 2022
  • Figure 41: India: Bread Market Forecast (Other Bread Types): Value Trends (in Million US$), 2023-2028
  • Figure 42: India: Bread Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 43: India: Cakes and Pastries Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 44: India: Cakes and Pastries Market: Breakup by Product Type (in %), 2022
  • Figure 45: India: Cakes and Pastries Market (Packed Cupcakes): Value Trends (in Million US$), 2017 & 2022
  • Figure 46: India: Cakes and Pastries Market Forecast (Packed Cupcakes): Value Trends (in Million US$), 2023-2028
  • Figure 47: India: Cakes and Pastries Market (Pastries): Value Trends (in Million US$), 2017 & 2022
  • Figure 48: India: Cakes and Pastries Market Forecast (Pastries): Value Trends (in Million US$), 2023-2028
  • Figure 49: India: Cakes and Pastries Market (Muffins): Value Trends (in Million US$), 2017 & 2022
  • Figure 50: India: Cakes and Pastries Market Forecast (Muffins): Value Trends (in Million US$), 2023-2028
  • Figure 51: India: Cakes and Pastries Market (Layer Cakes): Value Trends (in Million US$), 2017 & 2022
  • Figure 52: India: Cakes and Pastries Market Forecast (Layer Cakes): Value Trends (in Million US$), 2023-2028
  • Figure 53: India: Cakes and Pastries Market (Donuts): Value Trends (in Million US$), 2017 & 2022
  • Figure 54: India: Cakes and Pastries Market Forecast (Donuts): Value Trends (in Million US$), 2023-2028
  • Figure 55: India: Cakes and Pastries Market (Swiss Roll): Value Trends (in Million US$), 2017 & 2022
  • Figure 56: India: Cakes and Pastries Market Forecast (Swiss Roll): Value Trends (in Million US$), 2023-2028
  • Figure 57: India: Cakes and Pastries Market (Other Products): Value Trends (in Million US$), 2017 & 2022
  • Figure 58: India: Cakes and Pastries Market Forecast (Other Products): Value Trends (in Million US$), 2023-2028
  • Figure 59: India: Cakes and Pastries Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 60: India: Rusk Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 61: India: Rusk Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 62: North India: Bakery Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 63: North India: Bakery Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 64: West and Central India: Bakery Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 65: West and Central India: Bakery Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 66: South India: Bakery Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 67: South India: Bakery Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 68: East India: Bakery Market: Value Trends (in Million US$), 2017 & 2022
  • Figure 69: East India: Bakery Market Forecast: Value Trends (in Million US$), 2023-2028
  • Figure 70: India: Bakery Market: Sales through Convenience Stores (in Million US$), 2017 & 2022
  • Figure 71: India: Bakery Market Forecast: Sales through Convenience Stores (in Million US$), 2023-2028
  • Figure 72: India: Bakery Market: Sales through Supermarkets and Hypermarkets (in Million US$), 2017 & 2022
  • Figure 73: India: Bakery Market Forecast: Sales through Supermarkets and Hypermarkets (in Million US$), 2023-2028
  • Figure 74: India: Bakery Market: Sales through Independent Retailers (in Million US$), 2017 & 2022
  • Figure 75: India: Bakery Market Forecast: Sales through Independent Retailers (in Million US$), 2023-2028
  • Figure 76: India: Bakery Market: Sales through Artisanal Bakeries (in Million US$), 2017 & 2022
  • Figure 77: India: Bakery Market Forecast: Sales through Artisanal Bakeries (in Million US$), 2023-2028
  • Figure 78: India: Bakery Market: Online Sales (in Million US$), 2017 & 2022
  • Figure 79: India: Bakery Market Forecast: Online Sales (in Million US$), 2023-2028
  • Figure 80: India: Bakery Market: Sales through Other Distribution Channels (in Million US$), 2017 & 2022
  • Figure 81: India: Bakery Market Forecast: Sales through Other Distribution Channels (in Million US$), 2023-2028
  • Figure 82: India: Bakery Market: Import Breakup by Country (in %), 2021
  • Figure 83: India: Bakery Products Import from Bangladesh: Value Trend (in '000 US$), 2017-2021
  • Figure 84: India: Bakery Market: Export Breakup by Country (in %), 2021
  • Figure 85: India: Bakery Products Export to United States of America: Value Trends (in '000 US$), 2017-2021
  • Figure 86: India: Bakery Industry: Manufacturing Process of Bread
  • Figure 87: India: Bakery Industry: Manufacturing Process of Cup Cake
  • Figure 88: India: Bakery Market: Breakup by Key Players (in %), 2022
  • Figure 89: Bakery Manufacturing Plant: Breakup of Capital Costs (in %)
  • Figure 90: Bakery Industry: Profit Margins at Various Levels of the Supply Chain
  • Figure 91: Bakery Production: Manufacturing Cost Breakup (in %)
Product Code: SR1523A104_Report

List of Tables

  • Table 1: India: Bakery Market: Key Industry Highlights, 2022 and 2028
  • Table 2: India: Biscuit Market: Key Industry Highlights, 2022 and 2028
  • Table 3: India: Bread Market: Key Industry Highlights, 2022 and 2028
  • Table 4: India: Cakes and Pastries Market: Key Industry Highlights, 2022 and 2028
  • Table 5: India: Bakery Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: India: Bakery Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
  • Table 7: India: Bakery Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 8: India: Biscuit Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 9: India: Bread Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 10: India: Cakes and Pastries Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
  • Table 11: India: Bakery Market: Import Data by Country,2021
  • Table 12: India: Bakery Market: Export Data by Country, 2021
  • Table 13: Cupcake Manufacturing: Raw Material Requirement
  • Table 14: India: Bakery Industry (Organized): Competitive Structure
  • Table 15: Bakery Manufacturing Plant: Costs Related to Land and Site Development (in US$)
  • Table 16: Bakery Manufacturing Plant: Costs Related to Civil Works (in US$)
  • Table 17: Bakery Manufacturing Plant: Costs Related to Machinery (in US$)
  • Table 18: Bakery Manufacturing Plant: Raw Material Requirements and Expenditures
  • Table 19: Bakery Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
  • Table 20: Bakery Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
  • Table 21: Details of Financial Assistance Offered by Financial Institutions
  • Table 22: Bakery Manufacturing Plant: Techno-Economic Parameters
  • Table 23: Bakery Manufacturing Plant: Taxation and Depreciation
  • Table 24: Bakery Manufacturing Plant: Income Projections (in US$)
  • Table 25: Bakery Manufacturing Plant: Expenditure Projections (in US$)
  • Table 26: Bakery Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in US$)
  • Table 27: Bakery Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in US$)
  • Table 28: Bakery Manufacturing Plant: Profit and Loss Account (in US$)
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