From personalized ordering experiences to streamlined logistics and delivery operations, digital innovations are reshaping every aspect of the bakery industry.
The bakery products have long been basic food products for human nutrition. The convenience, accessibility and nutrition profile associated with them are the major factors of their sustenance in the modern market.
With digitization, changing consumer behaviour and thrust on rural development, the bakery industry is undergoing major changes in the last two decades.
With a predicted value of $15.5 billion in 2023 and a compound annual growth rate (CAGR) of 6.3% from 2024 to 2035, the global market for baking ingredients is expected to reach $32.1 billion by that time.