Bread and Bakery Products Market Insight Report and Growth Analysis
Bread and bakery business is growing rapidly in India. Business has grown a lot in urban areas. This industry is becoming popular not only in urban areas but also in small towns and rural areas. So that people can invest and establish market insights on bread & bakery business.
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The bakery segment in India is
expected to grow steadily and there is a huge amount of demand for food,
products and consumers for adequate expansion, hence conducting a feasibility
study for bakery business in India has become quite important. It has grown
rapidly due to the popularity and preferences towards packaged foods among
people, increasing disposable income and the growing influence of social media.
The growth of the e-commerce industry including cloud kitchens, D2C platforms
and food delivery portals has further accelerated the industry. The total
market for the bakery industry in India is estimated to be around USD 12.6
billion in 2023. The market is projected to reach USD 29.4 billion by 2032,
growing at a CAGR of 9.9%. According to Statista, the market size is projected
to reach 268.10 billion kg by 2029. The average per capita consumption is
estimated to be 161.8 kg in 2025.
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The demand for bakery products
such as bread and biscuits is high in the market
insights on bread & bakery
business and the increasing demographic shift has fueled the growth of the
Indian bakery industry. Also, a huge market for bakery products has been
created in India for FMCG retail.
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To succeed and become
profitable in the Indian bakery market, the bakery business in India needs
access to valuable market research, competitive intelligence and consumer
research. This is where consulting companies like The India Watch come in,
which can help investors and businesses with custom-made market studies,
feasibility studies, project reports, etc. to make the future of the industry
bright.
So, hurry up and start your business today
to get success with strategic market
insights on Bread & Bakery Bakery Business in India.
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