India Bakery Retailing Market Forecast and Competitive Landscape Report 2025-2030: Premium and Artisanal Bakery Products in High Demand Among Indian Consumers
Significant growth in India's bakery retailing market is driven by urbanization, rising incomes, and evolving lifestyles. With urban populations projected to reach 416 million by 2050, there's a soaring demand for convenient bakery products. Government initiatives like PMFME propel this growth, supporting over 2,000 bakery units. The market is set to grow at a 10.9% CAGR from 2024-2030, fueled by booming e-commerce, hospitality, and infrastructure. Online sales, driven by platforms like Swiggy and Zomato, are major contributors.
Dublin, May 28, 2025 (GLOBE NEWSWIRE) -- The "India Bakery Retailing Market | Segmentation, Growth, Industry, Value, Companies, Outlook, Share, Forecast, Trends, Competitive Landscape, Analysis, Size & Revenue: Market Forecast by By Product Type, By Type, By Sales Channels and competitive landscape" has been added to ResearchAndMarkets.com's offering.
Indian Bakery Retailing Market will expand at a CAGR of 10.9% from 2024 to 2030
This growth will be propelled by advancements in e-commerce, infrastructure development, and a thriving hospitality sector, fostering a conducive environment for market growth. The emergence of 14,000 additional hotel rooms and a surge in domestic tourism to 2.50 billion visits in 2023 have amplified demand for artisanal bakery products in hotels, travel hubs, and high-traffic areas. Ongoing infrastructure projects, including 60 new shopping malls with 23.25 million sq. ft. of retail space by 2025, and significant airport upgrades, offer lucrative retail opportunities for bakeries.
The India Bakery Retailing market is witnessing remarkable growth, spurred by rapid urbanization, increased disposable income, and evolving consumer lifestyles. With an urban population projected to reach 416 million by 2050, there's a rising demand for fresh and convenient bakery products like bread, croissants, and cookies. Government initiatives such as PMFME with a $1.2 billion budget for 2020-25, and PMKSY, have significantly propelled the sector's growth. As of 2023, PMFME supported 2,017 bakery units, while PMKSY endorsed 28 bakery-related projects, contributing to the industry's dynamic expansion.
The burgeoning online food delivery market, projected to reach INR 2.12 lakh crore by 2030, underscores the market's potential, backed by platforms like Swiggy and Zomato that boost consumer demand. Emerging brands, such as Birdy's with plans for 100 stores by FY26, and Le Pain Quotidien aiming for 100 outlets by 2035, reflect the industry's evolving landscape. This evolution portends a promising future for India's bakery retailing sector.
Market Segmentation By Type:
The organized segment will grow rapidly due to rising middle-class incomes, the preference for branded products, and the proliferation of supermarkets, malls, and e-commerce. The demand for premium and health-oriented bakery options further drives growth as consumers seek innovation and variety from organized players.
Market Segmentation By Product Type:
The Cakes and Pastries segment is anticipated to experience the highest growth due to the increasing demand for premium products, driven by higher disposable incomes and the expanding culture of celebrations such as birthdays and weddings.
Market Segmentation By Sales Channels:
The online segment is poised for the highest growth due to factors like increasing internet penetration, convenience of home delivery, and rising popularity of online platforms like Swiggy and Zomato.
Key Attractiveness of the Report:
10 Years Market Numbers
Historical Data Starting from 2020 to 2023
Base Year: 2023
Forecast Data until 2030
Key Performance Indicators Impacting the Market
Major Upcoming Developments and Projects
Key Highlights of the Report:
India Bakery Retailing Market Overview
Market Forecast
Industry Life Cycle
Porter's Five Forces Analysis
Historical and Forecasted Market Revenues
Market Drivers and Restraints
Competitive Benchmarking
Strategic Recommendations
Company Profiles
Theobroma
Monginis
Bakingo
Karachi Bakery
Flurys
Hot Breads
7th Heaven
Bakingo
Iyengar's Bakery
SMOOR
CKS Foods Private Limited
Zed the Bakers
Just Bake
Market Scope and Segmentation:
By Product Type:
Cakes and Pastries
Artisanal Breads
Cookies and Biscuits
Snacks and Savories
Desserts & Confectioneries
Others (Specialty and Seasonal Products)
By Type:
Unorganized
Organized
Premium
Non-Premium
By Sales Channels:
Offline
Online
For more information about this report visit https://www.researchandmarkets.com/r/gg3mmb
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