Bakery Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Bakery Industry

European Bakery Trends in 2024

Bakery is part of Cereal Products and includes a number of sub-sectors such as Biscuit, Pastry and Bread. You may also be interested in Pasta, Pastry and Flour.

The European baked goods market is projected to reach approximately €91 billion by 2028, up from around €87 billion in 2023. This growth represents an average annual increase of 0.9%. From 2019 to 2023, the market saw a yearly rise of 1.4%. In 2023, Germany led the market with sales totaling roughly €25.5 billion. Following Germany, Italy, the United Kingdom, and France secured the second, third, and fourth spots, respectively. Notably, Romania experienced a significant annual growth rate of 3.8% since 2019. In contrast, Portugal saw a decline, with its market shrinking by 7% per year over the same period.

Top 10 countries

In 2024 major markets in the Bakery Industry were:

World Bakery Market Data and Forecasts

How much the Bakery industry is expected to grow to 2028?

Forecast: European Baked Goods Market Size Value
Forecast: Export of Baked Bread, Pastry and Wafers from the EU
Forecast: Export of Baked Bread, Pastry and Wafers from Germany
Forecast: Import of Baked Bread, Pastry and Wafers to the UK
Forecast: Export of Baked Bread, Pastry and Wafers from Italy
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Global Bakery Statistics

Global Bakery Industry Database