About Personalized Bakery Products
Personalized food products include chocolates, cakes, bread, cookies, and other confections that can be tailored to meet specific needs. Aprons, rolling pins, spatulas, engraved spoons, and custom packaging are among the non-food goods that are gaining popularity in the personalized bakery products sector. The market for personalized bakery products is growing as a result of this shift in consumer preferences. As a result, market players offer products that reflect personal preferences. Personalized baked products are frequently desired for special parties and occasions. As health is another reason driving growth, designing your own bread is one of the most popular trends on the market. Customers may now design their own bread using their favorite dough mix and ingredients such as fruits, nuts, and herbs in this new rising bakery idea.In the case of non-food goods, products with engraved names are also widely available. Aside from that, personalized cookies with charming sentiments are popular during special occasions. Personalized baking sets with embossed names and personalized artwork are becoming increasingly popular as part of the gifting personalized items trend. This trend has created new potential for players in the market for bespoke bakery items. The utilization of social media platforms for branding can open up even more doors because they allow for quick access and reach out to a worldwide audience all at once.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the organic banana powder market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for organic banana powder Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that Asia Pacific Vendors will contribute the maximum growth to Global Personalized Bakery Products market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shanghai Custom Packaging Co Ltd. (China), Chef Works Inc. (United States), Mondi (United Kingdom), DS Smith (United Kingdom), Dawn Foods (United States), Bhopal Baking Companies (India), Home Bakers (India), Great Little Box Company (Canada), iGift Company (Hong Kong) and AS Food Packaging (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Personalized Bakery Products market by , Application (Cakes and Pastries, Biscuits, Bread, Morning Goods and Other) and Region.
On the basis of geography, the market of Personalized Bakery Products has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Personalized Bakery Products market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Preference for Freshly Baked Products and Cakes Engraved with Photos
Market Growth Drivers:
Increased Preference of Personalised Food Items and Rise in Demand for Convenience Food Products
Challenges:
Lack of Transport Infrastructure Support for Small Businesses
Restraints:
Higher Cost of Products
Opportunities:
The trend in Gifting Personalized Products and Use of Social Media Platforms for Branding
Market Leaders and their expansionary development strategies
In July 2024, Sugar Foods, a maker of crunchy toppings, croutons, beverage ingredients and pizza toppings, has acquired Concord Foods from private equity firm Arbor Investments. Terms of the acquisition were not disclosed.
In June 2021, Crown Bakeries (“Crown”), a leading manufacturer of fresh and frozen breads, baked goods, and dough products announced today the acquisition of Michel’s Bakery (“Michel’s”). Founded in 1898 and owned by the Liss family for generations, Michel’s bakes and distributes a range of high quality sweet baked goods for leading consumer brands and grocery retailers. Terms of the transaction were not disclosed.
Key Target Audience
Manufacturers of Personalized Bakery Products, Suppliers of Personalized Bakery Products, Raw Material Providers, E-Commerce Companies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.