Bakery Ingredients Market Growth
Bakery Review|April - May 2019

The Indian bakery industry has been growing at a rapid pace due to the busy lifestyles, changing eating habits and western influence, particularly among the millennial. The rising health consciousness, not only of the millennial but of consumers of all ages, has encouraged manufacturers to focus on healthier products like brown, multi-grain and whole wheat breads. Environmental concerns are also increasing sales of organic bakery products. The rapid growth of the bakery industry and the quick changes that are taking place provides an opportunity for entrepreneurs to venture in the bakery ingredients market which is in a fast-growth mode. Ashok Malkani looks at the changing scenario in the bakery industry and the ingredients commonly used by the bakery industry, to help entrepreneurs planning to enter the bakery ingredients’ arena.

Bakery Ingredients Market Growth

The Indian bakery industry is in a growing phase. Harsha Bhagwat, executive sous chef, Rich Graviss, while speaking at ‘Rich’s Gourmet Guide - The Bakers’ Lounge’, some time back in Mumbai, said, “As far as the size of the bakery market is concerned, Tier-I and II cities are growing, but in Tier-III cities, there is a boom. There has been a shift from mainstream breads, toasts and khari to cakes. There is immense growth and potential in the bakery industry.”

It may be mentioned that the Indian bakery market reached a value of $7.22 Billion in 2018. Bakery is one of the largest food industries comprising of different products like breads, biscuits, pastries, cakes, buns, rusks, etc. Most of these products, due to the changing lifestyle of Indians, are gaining in popularity trends.

India, with its growing population and increasing disposable incomes, is the major market for the baked goods, and bakery ingredients. Consumers are willing to pay more for a healthier profile in the bakery products, which drives the growth of this market. The growth in the Bakery industry has been rapid. It may be mentioned that India has over 2,000 organised or semi-organised bakeries and 1,000,000 unorganised bakeries.

India’s bakery industry, which generally includes biscuits, cakes, pastries, flatbread, tortilla, bun, croissant, etc., has been growing at a rapid pace owing to their pleasant taste and health benefits as they are made from variety of grains such as rye, maize, wheat and oats, among others.

هذه القصة مأخوذة من طبعة April - May 2019 من Bakery Review.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April - May 2019 من Bakery Review.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من BAKERY REVIEW مشاهدة الكل
My Approach is Both Strategic and Creative, Aiming to Inspire and Innovate
Bakery Review

My Approach is Both Strategic and Creative, Aiming to Inspire and Innovate

Ravi Rawat is the newly appointed Assistant Pastry Chef at Sheraton Grand Bengaluru Whitefield Hotel and Convention Center.

time-read
3 mins  |
October-November 2024
The Freezer Aisle Secret: Why Frozen Vegetables Might Be Your New Go-To
Bakery Review

The Freezer Aisle Secret: Why Frozen Vegetables Might Be Your New Go-To

We often buy vegetables from local vendors, but how much do we really know about their origin and safety? Fresh produce has long been seen as the pinnacle of healthy eating, but there's a surprising contender: Frozen Vegetables.

time-read
2 mins  |
October-November 2024
Quintessence of Christmas Baking
Bakery Review

Quintessence of Christmas Baking

Most festivals around the world have dedicated foods - easter eggs, Eid sweets or mutton, Holi sweets and Diwali specialities.

time-read
4 mins  |
October-November 2024
Berry Teeming with Health
Bakery Review

Berry Teeming with Health

Cranberries can be described as a group of evergreen dwarf shrubs or trailing vines, going up to 2 metres in length.

time-read
4 mins  |
October-November 2024
The Proof of the Pudding
Bakery Review

The Proof of the Pudding

They say the proof of the pudding is in the eating. Well, this age-old proverb holds true for all things and persons in life, which also includes pudding.

time-read
7 mins  |
October-November 2024
Market for Cookies
Bakery Review

Market for Cookies

Cookies are gaining ground. According to Al Review cookie market which was valued at Rs. 405.29 billion in 2023 was expected to grow at a CAGR of 5.9% from 2024 to 2032. Institute for Industrial Development IID) is of the view that cookies manufacturing is one of the lucrative businesses. It believes that one can make a profit of up to 12-15 per cent. It thus provides an ideal opportunity for an intrepid entrepreneur to venture into this business. Ashok Malkani views different aspects of the industry like its growth potential, challenges faced by the market, and the basic necessities essential for an entrepreneur to enter into this lucrative arena.

time-read
9 mins  |
October-November 2024
Smoothies The Superb Superfood...
Bakery Review

Smoothies The Superb Superfood...

Smoothies have become popular over the past decade. Modern smoothie, which is believed to have been invented in the United States, made its way to India through a Smoothie chain in 2016. Hyderabad based, Drunken Monkey, which started in 2016 with its first smoothie bar, now has over 100 stores. One can gauge the popularity of this drink by this fact. Today, India is believed to have about 7000 smoothie bars, cafes and bakeries. The rise of smoothie culture is believed to have been driven by several factors like health awareness, disposable income, convenience, et al. Ashok Malkani delves on various aspects of this drink.

time-read
10+ mins  |
October-November 2024
Bakels Launches Renshaw in India
Bakery Review

Bakels Launches Renshaw in India

Bakels, a global leader in the bakery ingredients industry, proudly announced the launch of Renshaw in India at a event held at the Bakels Baking Center.

time-read
1 min  |
October-November 2024
Premium Chocolate Meets Ice Cream
Bakery Review

Premium Chocolate Meets Ice Cream

SMOOR, the country's most preferred luxury confectionery brand, has announced its collaboration with Hangyo Ice Creams.

time-read
1 min  |
October-November 2024
Cothas Coffee Completes 75 Glorious Years
Bakery Review

Cothas Coffee Completes 75 Glorious Years

Cothas Coffee, a household name in coffee, completes 75 glorious years of serving the best filter coffee to coffee lovers across Karnataka and India.

time-read
1 min  |
October-November 2024