Bakery, Pastry and Gelato

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The global market for pastries, bakery delights, and artisanal gelato is primed for expansion, with a projected CAGR of 2.32% from 2023 to 2028, amounting to a market value of USD 71.86 billion by 2028. This growth is attributed to various factors, including:

  • Healthy and Special Dietary Offerings: Health-conscious consumers are driving the demand for bakery products that cater to specific dietary needs. This includes gluten-free, kosher, organic, and natural ingredients. Nutrient-rich and clean-label baked goods, pastries, and gelato are gaining traction among consumers, including those with dietary restrictions.
  • Innovative Product Offerings: Introduction of unique flavours, textures, and customised offerings to cater to diverse consumer preferences.
  • Growing Café Culture: Increasing demand for on-the-go bakery items and the popularity of gelato in various hospitality establishments.

Key categories include:

  • Ingredients and Additives
  • Bakery and Pastry Tools
  • Gelato and Ice Cream Equipment
  • Packaging and Processing Equipment
  • Confectionery and Snacks
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