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"Are you a passionate baker who can make heads turn with the smell of freshly made cookies? Have you ever considered starting your venture? If yes, then this article is for you!
According to a report published by the IMARC Group, the Indian Bakery Market was valued at $11.3 Billion in 2022. It is expected to grow at 10.8% annually. The bakery business is gaining immense popularity in India. You have many options ranging from a small home based business to a restaurant-style bakery.
A growing number of fast-food chains and quick-service restaurants has increased the demand for bread. Furthermore, the fast-paced lifestyle has increased the need for ready-to-eat bakery food.
Learn about bakery business ideas and action steps to start a bakery business in India.
Let’s Understand the Types of Bakery Businesses
Before venturing into a new bakery business, you must understand its types. First, you have to decide on whom you are going to serve. You can either start a retail bakery or a wholesale bakery.
This is the first and very crucial decision before any other planning. Based on this decision, you must strategize your investment and client engagement.
Here are the types of bakery businesses.
Retail Bakery
You will serve the retail customers directly in retail bakeries. The bakery layout, employees, equipment, etc., should be ideal for serving your retail customers.
Wholesale Bakery
If you choose wholesale bakeries, you supply your products to hotels, cafes, and supermarkets. Your focus should be on an innovative menu, packaging, and delivery."