Market Research Future (Food and Beverages) Baked Foods Market report predicts impressive grow | Page 3

Baked Foods Market Analysis, Future Growth, Business Prospects and Forecast to 2023
2 Market Overview
Baking is a method cooking baked products that usually prepared by dry heat, especially in an oven. The most
common types of baked foods are cakes & pastries, bread & rolls, donuts, biscuits, and others. These are available
in a wide variety of flavors, and the customer preferences may vary according to regional demands. Baked foods
include fiber, antioxidants, omega-3 oils, vitamin, and mineral fortifications.
Increasing demand for naturally baked, organic, and ready-to-eat products, along with the rise in the number of
working population, is driving the growth of the baked foods market. Baked foods are low in fat for which they are
gaining popularity among the rising number of health-conscious consumers. Continuous innovations and
technological advancements are anticipated to propel the baked foods market growth over the forecast period.
Demand for gluten-free foods and product developments for baking ingredients are contributing to the growth of this
market.
There is a growing demand for healthy and nutritious food products, including products with “all-natural” and “clean
label” assurances. Advancements in technology and improved distribution networks in developing countries, such
as India and China, have led to substantial growth opportunities for baked foods.
Segments
The global baked foods market is segmented into type and distribution channel.
On the basis of type, baked foods market is segmented into cakes & pastries, bread & rolls, donuts, biscuits, and
others. Among all, the cakes & pastries segment will witness exponential growth rate during the forecast period,
due to a rise in the demand for trans-fat free baked foods.
On the basis of distribution channel, the market is segmented into food service and food retail. Among all, the food
retail segment is expected to dominate the market due to the rising population and average per capita disposable
income positively influencing the market dynamics of the retail market.
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