Demand for baked goods in Australia is set to remain stable, with albeit undynamic retail volume growth over the forecast period. Despite a marginal downwards trend for bread in 2024, the long-term outlook is positive, driven by Australia’s population growth.
The foodservice channel in Australia is poised for a stronger rebound over the forecast period, with demand for baked goods set to fully recover to pre-pandemic levels by 2028. Throughout the review period, Australian consumers have demonstrated a clear preference for artisanal products offered by cafés, bakeries, and restaurants.
With the return to office work and improving economic conditions, convenience channels are expected to see a resurgence over the forecast period. Stores located near offices, schools, and transport hubs are set to benefit from increased foot traffic, as consumers shift back to on-the-go lifestyles.
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Understand the latest market trends and future growth opportunities for the Baked Goods industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
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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.
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