Indonesia Bakery Products Market: By Product Type (Bread, Pizza Crusts, Cakes & Pastries, Cookies, Donuts, Others), By Distribution Channel (Convenience Stores, Hypermarkets & Supermarkets, eRetailers, Others) and Country

Indonesia Bakery Products Market size is expected to grow at a CAGR of 5.4% from 2023 to 2029. The Indonesian market provides a detailed overview of the Indonesian bakery products market, and that can be segmented by type, by category, and by distribution channel. By type, The Indonesian bakery products market has been segmented into Bread, Cookies and Biscuits, Doughnuts, Pastries, Cake, and Others. The Bread segment is likely to be the largest and fastest-growing segment in terms of type. The supremacy of the bread segment is owing to the high consumption of bread among customers of diverse age groups. The convenience, price, and high nutritional value are chief factors that surge bread consumption in Indonesian diets. Moreover, currently, bread is accessible in numerous categories, such as high-fiber, whole grain, and gluten free food products. Thus, the accessibility of these novel bread products is likely to increase their consumption among customers who wish to consume healthy diets. Based on Category, the Indonesia bakery products market is segmented into Frozen, Freshly, and Baked. Among these, the baked segment is expected to have a significant growing market during the forecast period 2022-2028. The rise of the baked segment is due to the fact that it does not need much preparation time. It does not need much time to prepare these products. The taste, durability, and noticeable appeal make the product well-known. These baked products are soft, so it is easier for older people to eat them. Some bakery products, such as cakes, symbolize affection and love. Based on the Distribution channel, the Indonesia bakery products market is segmented into Retail Bakery and Bakery Chains, Hyper Marts, Convenience Stores, Hotels, and Others. The hypermarts segment accounts for the largest share in 2021. The rise of hypermarkets is due to various advantages such as proximity, affordability, and accessibility. Also, it has been seen that there is a devoted retail shelf for bakery products.

Indonesia Bakery Products Market Key Developments:

In October 2021, the Paris Baguette franchise which is an SPC Group's bakery chain, was launched in Indonesia.