Laminated Pastries Market by Regional Trend & Growth Forecast to 2026
As per credible estimates, the global laminated pastries market is expected to register substantial growth by the year 2026. Factors such as affordability, high nutrient value, ready to consume along with technological advancements in the field of baking are driving the market growth. The laminated pastries can be used to make wide range of savory and sweet pastries. These pastries have multiple thin layers separated by butter and are produced by repeated rolling and folding of the dough. Moreover, laminated pastries are available in a number of flavors and are enriched with nutritional ingredients, thereby driving the market expansion.
Growing inclination towards experimenting with bakery food items, increasing consumption of baked goods, and rising consciousness regarding laminated pastries are favoring the market outlook. However, the market is expected to witness restrained growth on account of high fat content in laminated pastries. The shifting preferences towards consuming gluten-free food and rising concerns regarding diet related health issues may further hinder the market growth.
As per product, the laminated pastries market is classified into croissant pastry, flaky pastry, puff pastry, Danish pastry, and others. The puff pastry market share is presumed to expand significantly during the estimated timeframe. Shifting preferences towards gluten free products has led to the development of puff pastry with unsaturated fat which is propelling the industry landscape. Also, the availability of puff pastry in different shapes and sizes is fueling the segmental growth. However, high percentage of calories and fat and growing awareness about obesity may inhibit the laminated puff pastries market growth. On the other hand, the low fat content of flaky pastry might amplify the revenue share from this product segment.
Based on the application spectrum, the laminated pastries market is bifurcated into residential and commercial. The residential application of laminated pastries is anticipated to acquire commendable gains during the forecast period. Baked goods have lately gained traction across the globe, people are considering them as a convenient meal option. The modifiability of laminated pastries has boosted their demand across households, offering a time saving solution to end-users.
Considering the geographical landscape, the laminated pastries market is divided into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa. The demand for laminated pastries is gaining traction in Europe owing to high presence of key industry players, technological advancements, and rising per capita income in the region.
Gourmand PASTRIES, Bakels, Ganache Patisserie, Creation Food Company, CSM Bakery Solutions, ALEX GOOCH, WolfButterback, Vandemoortele, Gourmet Primo, Dawn Food Products, and Campbell’s are the prominent companies operating in the laminated pastries market. These market majors are concentrating on various strategies and collaborations in order to gain competitive advantage in the market.