Asia Pacific Bakery Products Market Size, Share, and COVID-19 Impact Analysis, By Product (Breads & Rolls, Cakes & Pastries, Cookies, Tortillas, Pretzels, and Others), By Distribution Channel (Hypermarkets & Supermarkets, Bakery Stores, Convenience Stores, Online, and Others), and Asia Pacific Bakery Products Market Insights, Industry Trend, Forecasts to 2035

Asia Pacific Bakery Products Market Insights Forecasts to 2035

• The Asia Pacific Bakery Products Market Size was estimated at USD 162.9 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of around 8.62% from 2025 to 2035
• The Asia Pacific Bakery Products Market Size is Expected to Reach USD 404.5 Billion by 2035

The Asia Pacific Bakery Products Market is anticipated to reach USD 404.5 billion by 2035, growing at a CAGR of 8.62% from 2025 to 2035. The increasing urbanization, as well as consumer preferences & desire for convenience in the context of busy lifestyles & demand for ready-to-eat options are driving the bakery products market in the Asia Pacific region.

Market Overview

The Asia Pacific bakery products market refers to the industry focused on the production, distribution, and sale of baked goods such as bread, cakes, pastries, cookies, and other flour-based items. Bakery products are the items made from flour, or the meal derived from grains, and are baked in an oven. These products include bread, rolls, cookies, pies, pastries, and muffins. The trend towards convenient foods, along with the evolving lifestyles of people, is escalating the market growth for bakery products. The consumer inclination towards a healthy lifestyle and diet is offering growth opportunities in the bakery products market. Further, the upsurging innovations and novel product developments owing to the health & wellness issues are positively influencing the market growth.

Report Coverage

This research report categorizes the market for the Asia Pacific bakery products market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific bakery products market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific bakery products market.

Driving Factors

The market for Asia Pacific bakery products is primarily driven by the region’s growing urbanization, as well as consumer preferences & desire for convenience and ready-to-eat food options. The increasing urbanization is contributing to driving the demand for bakery products due to increased convenience, changing consumer preferences, and rising fast-paced lifestyles, which results in propelling the market demand. The increasing popularity of ready-to-eat items such as bread, cookies, cakes, and pastries, offering a quick and easy way of satisfying hunger, in the pace of a busy lifestyle, significantly contributes to driving the market growth.

Restraining Factors

The rising health concerns associated with bakery food consumption, as well as stringent quality control & health regulations, are hampering the market growth. Further, the increasing price of raw ingredients and competition from alternative food options result in restraining the market growth.

Market Segmentation

The Asia Pacific bakery products market share is classified into product and distribution channel.

• The cakes & pastries segment dominated the market with a significant revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific bakery products market is segmented by product into breads & rolls, cakes & pastries, cookies, tortillas, pretzels, and others. Among these, the cakes & pastries segment dominated the market with a significant revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. Increasing love for baking, shifts in taste towards indulgence, with growing disposable incomes are influencing the pastries and confections sectors. The trend of celebrating events like festivals, birthdays, weddings, and office parties is driving the market demand in the cakes & pastries segment.

• The hypermarkets & supermarkets segment holds the largest revenue share and is expected to grow at a significant CAGR during the forecast period.

The Asia Pacific bakery products market is segmented by distribution channel into hypermarkets & supermarkets, bakery stores, convenience stores, online, and others. Among these, the hypermarkets & supermarkets segment holds the largest revenue share and is expected to grow at a significant CAGR during the forecast period. The proximity, accessibility, and affordability provided by hypermarkets & supermarkets to customers are responsible for driving the market.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific bakery products market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Britannia Industries Limited
• Mondelez International, Inc.
• Parle Products Pvt. Ltd
• Wilmar International Limited (Goodman Fielder)
• QAF Limited (Gardenia Bakery KL SDN BHD)
• Meiji Holdings Company, Ltd.
• President Bakery Public Company Limited
• Grupo Bimbo SAB de CV
• ITC Limited
• Bonn Group
• Others

Recent Developments:

• In January 2023, Mondelez India, known for its brands such as Oreo and Cadbury, is launching a combination of chocolate chips and cookies: Cadbury Chocobakes Choco Chip Cookies.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Asia Pacific Bakery Products Market based on the below-mentioned segments:

Asia Pacific Bakery Products Market, By Product

• Breads & Rolls
• Cakes & Pastries
• Cookies
• Tortillas
• Pretzels
• Others

Asia Pacific Bakery Products Market, By Distribution Channel

• Hypermarkets & Supermarkets
• Bakery Stores
• Convenience Stores
• Online
• Others