Market Share of Asia-Pacific Bakery Products Industry
The Asia-Pacific market for bakery products is highly competitive, owing to the presence of large regional and domestic players in different countries such as Britannia Industries Ltd., Mondelez International, Wilmar International Limited (Goodman Fielder), QAF Limited (Gardenia Bakery KL SDN BHD), and Parle Products Pvt. Ltd. The prominent players in the market are emphasizing mergers, expansions, acquisitions, and partnerships among the companies, along with new product development, as their strategic approaches to boosting their brand presence among consumers. For example, India Group Bimbo acquired Kitty Bread in October 2021. Kitty Bread produces white, brown, whole wheat, and fruit bread, among other products, in a strategically located facility. This acquisition complemented Grupo Bimbo's current product portfolio and enhanced its presence in India and long-term view in India.
APAC Bakery Products Market Leaders
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Mondelēz International, Inc.
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Britannia Industries Limited
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Wilmar International Limited (Goodman Fielder)
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QAF Limited (Gardenia Bakery KL SDN BHD)
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Parle Products Pvt. Ltd
*Disclaimer: Major Players sorted in no particular order
