Retail volume sales of baked goods is expected to decline moderately in the forthcoming years, and gradually return to pre-pandemic levels towards the end of the forecast. As the impact of the COVID-19 pandemic further lessens, consumer spending will likely further shift back from food and beverages and in-home entertainment to foodservice, outdoor activities and travelling, amongst others.
During the COVID-19 pandemic, maintaining product availability took priority over sustainability issues. As such, the government of Canada delayed the implementation of a ban on single-use plastics until 2022.
Clean labels, organic and gluten-free remain significant growth areas in baked goods, in addition to offering new flavour/taste experiences that consumers, particularly younger generations, continue to crave. Umo, a range of Japanese-style steam-baked cakes and doughnuts launched by Bimbo Canada in 2020, is a case in point, offering excitement in terms of format and flavour while only on offer for a limited time.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Baked Goods industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Baked Goods industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Baked Goods
This is the aggregation of bread, pastries, dessert mixes, frozen baked goods and cakes. Note: Baked goods from in-store bakeries are classified under unpackaged/artisanal, not packaged/industrial. While they may be finished on-site, they are often prepared, then frozen or par-baked, at other locations. Such production models are very important for supermarket in-store bakeries, which have in the past been used to drive traffic and fill stores with appetising aromas, but for which the labour resources required to run a full-service scratch bakery are not always available.
See All of Our DefinitionsThis report originates from Passport, our Baked Goods research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!