세계 페이스트리 반죽 시장의 예측(-2030년) : 제품 유형별, 판매 채널별, 용도별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Pastry Dough Market is accounted for $347.10 million in 2024 and is expected to reach $515.09 million by 2030 growing at a CAGR of 6.8% during the forecast period. Pastry dough is an essential and multipurpose ingredient in baking that can be used to make a wide variety of sweet and savoury dishes. It is generally made with flour, fat (butter or shortening), and water, though variations can also include eggs, sugar, and other flavourings. Moreover, achieving the proper ingredient balance and handling the dough with care to preserve its delicate texture are key to making pastry dough that will turn out flaky and crisp in baked goods like pie crusts and puff pastries or tender and crumbly in short crust pastry.

According to the American Heart Association, maintaining a diet rich in fruits, vegetables, whole grains, and lean proteins can significantly reduce the risk of heart disease.

Market Dynamics:

Driver:

Growing consumer interest in convenience foods

The need for convenience foods, such as pastry dough, has grown dramatically as a result of people leading busier, faster lives. Customers are becoming more and more interested in goods that expedite meal preparation without sacrificing flavor. This trend is well suited for ready-to-use pastry dough, which provides speed and convenience for baking in commercial or domestic kitchens. Additionally, urban areas see a particularly high demand for this product as families and working professionals look for quick and easy ways to make meals and desserts. Foodservice businesses can also benefit from the convenience factor, as pre-made dough can simplify operations and lower labor costs.

Restraint:

Variations in the cost of raw materials

Variations in agricultural output, climatic conditions, and disruptions to the global supply chain can all affect the price of raw materials, especially staples like butter and flour. These variations may have a direct effect on pastry dough production costs, which could result in unstable prices. Furthermore, it could be difficult for manufacturers to pass on these higher costs to customers, particularly in markets with intense competition. Because of the potential effects of erratic pricing on producers and consumers alike, this volatility may limit market growth by making it challenging for companies to sustain stable profit margins.

Opportunity:

Growing consumer interest in health-conscious products

There is a huge opportunity for the pastry dough market due to consumers increasing awareness of health and wellness. Demand for healthier substitutes for regular pastry dough is rising; these substitutes can be made with whole grains and other nutrient-dense ingredients, or they can be low in calories, fat, and sugar. Moreover, the popularity of plant-based diets has increased interest in vegan pastry dough that is free of animal ingredients. Moreover, by creating products that appeal to consumers who are health-conscious, manufacturers who innovate to meet these demands can tap into a market segment that is growing quickly.

Threat:

Strong market rivalry

The market for pastry dough is seriously threatened by fierce competition from both long-standing competitors and recent entrants. Due to their large scale and extensive distribution networks, large multinational companies hold a dominant position in the market. Smaller or regional producers find it difficult to compete on price and reach as a result. Additionally, there is intense competition for shelf space in retail establishments due to the market's saturation with a large variety of products. The competitive landscape is further heightened by the existence of private-label brands, which frequently provide comparable products at lower prices.

Covid-19 Impact:

Due to the COVID-19 pandemic, supply chains were disrupted, consumer behaviour changed, and foodservice dynamics were altered. Lockdowns and social distancing measures caused bakeries and restaurants to temporarily close, which decreased the demand for commercial pastry dough. On the other hand, consumers baked more at home as a means of comfort and creativity during the pandemic, which increased the demand for retail pastry dough. Furthermore, supply chain disruptions caused delays and shortages of essential ingredients, which had an impact on production and availability.

The Croissants segment is expected to be the largest during the forecast period

It is projected that the market for pastry dough will be dominated by the croissants segment. Bakeries and foodservice establishments use croissants as a standard because of their flaky, buttery layers and unique crescent shape. Since they can be eaten plain or stuffed with a wide range of savory and sweet ingredients, their versatility is what makes them so popular. Moreover, recognized as a luxury product that provides a fine dining experience, croissants have benefited from consumer demand for artisanal and premium baked goods.

The Ready-to-Eat Products segment is expected to have the highest CAGR during the forecast period

The market for pastry dough is expected to grow at the highest CAGR in the ready-to-eat products segment. This segment is growing rapidly due to consumer preference for convenient, on-the-go meals. Products that are ready to eat, such as frozen dough and premade pastries that need little preparation, meet the needs of people with hectic schedules and those who want easy, quick meal options. Additionally, technological developments in packaging and preservation extend product shelf life and improve consumer convenience for this market segment.

Region with largest share:

Due to its well-established bakery industry, high consumer demand for a wide variety of baked goods, and strong preference for convenience foods, the North American region holds the largest share of the market for pastry dough. Pastry dough products are widely available due to the vast network of supermarkets, bakeries, and foodservice outlets in the region. Furthermore, supporting market demand are North American consumers preferences for decadent and high-quality baked goods as well as the expanding trend of baking at home.

Region with highest CAGR:

The market for pastry dough is anticipated to grow at the highest CAGR in the Asia-Pacific region. Rapid urbanization, rising disposable incomes, and shifting consumer preferences in the region's emerging economies are the main drivers of this growth. There is a growing need for convenience foods, such as ready-to-use pastry dough, as people's lives become faster. The region's strong market expansion is also aided by the growing foodservice industry and consumer demand for baked goods in the Western style. Moreover, Asia-Pacific is the market region with the fastest rate of growth for pastry dough due to the expansion of contemporary retail infrastructure and the growing demand for bakery goods.

Key players in the market

Some of the key players in Pastry Dough market include Aryzta AG, General Mills Inc., Flowers Foods, Dawn Food Products Inc., American Baking Company, McKee Foods, George Weston Limited, Finsbury Food Group, The Fillo Factory, Hillshire Brands Company, Groupo Bimbo, Britannia Industries and Hostess Brands.

Key Developments:

In May 2024, McKee Foods is proud to announce its recent partnership with Trust for Public Land in support of eight outdoor projects across the United States. McKee Foods through its Outdoor Happiness movement (OH!) has awarded a grant of $20,000 to each outdoor project helping to advance the work of Trust for Public Land. This partnership is part of the company's goal of encouraging opportunities for outdoor activity that ultimately lead to a fun and active lifestyle.

In February 2024, Global bakery manufacturer and ingredients supplier Dawn Foods proudly announces the acquisition of Royal Steensma, a renowned family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. Royal Steensma has a broad bakery product portfolio and specializes in fat-based coatings (Souplesse), almond and confectionary pastes, bakery mixes, fruit fillings as well as infused and candied fruits and decorations.

In January 2023, Specialty minerals company ICL Group Ltd. will become General Mills, Inc.'s specialty phosphate solutions supplier as part of a strategic partnership agreement between the two companies. Initially, ICL will focus on supplying General Mills' North American operations beginning in June 2023, with potential to expand into the manufacturer's international segments.

Product Types Covered:

• Puff Pastries
• Strudels
• Croissants
• Short-crust Pastries
• Choux Pastries
• Other Product Types

Sales Channels Covered:

• Offline
• Online

Applications Covered:

• Bakery & Baking Stores
• Snacks
• Ready-to-Eat Products
• Other Applications

End Users Covered:

• Commercial
• Household
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Pastry Dough Market, By Product Type

• 5.1 Introduction
• 5.2 Puff Pastries
• 5.3 Strudels
• 5.4 Croissants
• 5.5 Short-crust Pastries
• 5.6 Choux Pastries
• 5.7 Other Product Types

6 Global Pastry Dough Market, By Sales Channel

• 6.1 Introduction
• 6.2 Offline
  • 6.2.1 Specialty Food Stores
  • 6.2.2 Multi-brand Stores
  • 6.2.3 Retail Sales
  • 6.2.4 Distributor Sales
• 6.3 Online
  • 6.3.1 E-commerce Websites
  • 6.3.2 Company-owned Websites

7 Global Pastry Dough Market, By Application

• 7.1 Introduction
• 7.2 Bakery & Baking Stores
• 7.3 Snacks
• 7.4 Ready-to-Eat Products
• 7.5 Other Applications

8 Global Pastry Dough Market, By End User

• 8.1 Introduction
• 8.2 Commercial
• 8.3 Household
• 8.4 Other End Users

9 Global Pastry Dough Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 Aryzta AG
• 11.2 General Mills Inc.
• 11.3 Flowers Foods
• 11.4 Dawn Food Products Inc.
• 11.5 American Baking Company
• 11.6 McKee Foods
• 11.7 George Weston Limited
• 11.8 Finsbury Food Group
• 11.9 The Fillo Factory
• 11.10 Hillshire Brands Company
• 11.11 Groupo Bimbo
• 11.12 Britannia Industries
• 11.13 Hostess Brands