Market research future published a half-cooked research report on the Global Fortified Bakery Market has been estimated to grow over 5.3 % till 2023. Bakery products are an item of huge consumption due to high nutrient value and affordability. Due to rapid population rise, the emergence of a women working population, the rising foreign influence, and the fluctuating eating habits of consumers, they have gained popularity, contributing significantly in the growth of the bakery industry.

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Competitive Analysis

The major key players in fortified bakery market are

Puratos (Europe)
Lewis Brothers (U.S.)
Grupo Bimbo (Mexico)
Britannia Industries Ltd. (India)
Nestle (Europe)
Sara Lee Bakery Group (U.S.)
Flowers Foods (U.S.)
Market Segmentation:

Global Fortified Bakery Market is segmented by type, form, nutrients, special type and region.

Regional Analysis

The global bakery market is segmented into North America, Europe, Asia Pacific, and Rest of the World (ROW). Among this, Asia Pacific region has major market share followed by North America. Growing population, changing consumption pattern, rising health awareness, and rising disposable income in Asia Pacific region are anticipated to drive the demand for bakery products in that region.

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Downstream market analysis

Globalization and urbanization are major driving force for this market. Furthermore, popularity of healthy and nutrient-rich bakery products is also encouraging the growth of the market. Gluten free and organic bakery will be the highest growing segment in the fortified bakery market. Additionally, nutrient-rich varieties are also expected to gain popularity due to nutrient deficiency in the contemporary population owing to unhealthy and hectic lifestyles which result in daily unmet mineral needs.