Bakery and Confectionery Products (Food Confectionery, Chocolate, Sweets, Lollipop, Candy Bar, Toffee, Chewing Gum, Sugar-based Foods, Confectionery Lozenges, Marshmallow, Jelly, Cream, Biscuits, Processed Food, Bread, Cakes, Pastries, Cookies, Rusk, Swee

Description:

The bakery industry is verypopular in urban part of India. Around 60% of production takes place in theunorganized sector. There are around 2 mn unorganized bakeries in the country,comprising small bakery units, cottage and household type manufacturing.

Bakery products are part ofthe processed food category. They include cake, pastries, biscuits, bread,breakfast cereals, and other products. Bread and bakery products, more broadly,remain a popular and convenient mealtime solution for many Britons, driven bytheir cheap, highly efficient and multipurpose nature. The growing per-capitaconsumption trends of bakery products indicates the untapped growth potentialin the global bakery products industry. The market potential is huge in theemerging markets; wherein, consumer demand is increasing for packaged products,as a result of the influence of Western culture and also for itsconvenience.  The total market size ofthe bakery products is expected to reach USD 530 billion by 2021, at a 4.5%CAGR during the forecast period.

The Indian confectionerymarket includes sugar-boiled confectionery, hard-boiled candies, toffees andother sugar-based candies. Sugar boiled confectionery has penetrated anestimated 17% of the households only, suggesting a large potential for growth.Considering the 25% penetration in the urban market, the confectionery industrycould hope to be in for more promising future. Confectionery products can beclassified into three segments: Chocolate, Sugar Confectionery, and Gum. Theseitems are popular among all age groups. In addition, the sale of confectioneryproducts is independent of seasons or occasions. Packaging is an essential partof confectionery goods to preserve their quality, texture, and taste beforethey reach the end-customers.

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Keywords: Bakery and Confectionery Products, Food Confectionery, Chocolate, Sweets, Lollipop, Candy Bar, Toffee, Chewing Gum, Sugar-based Foods, Confectionery Lozenges, Marshmallow, Jelly, Cream, Biscuits, Processed Food, Bread, Cakes, Pastries, Cookies, Rusk, Sweet Goods, bakery products market demand, Confectionery market demand, Sugar boiled confectionery, sugar-based candies, Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing P