Bakery Trends 2026: Growth of the Bakery Industry in India, Innovations and Business Ideas

Key Takeaways

• The bakery industry is growing steadily. IMARC Group estimates the Indian bakery market at USD 13.8 billion in 2024, rising to USD 31.5 billion by 2033.
• GST 2.0 helps branded bakery. Since September 22, 2025, biscuits, cakes, pastries and chocolates attract 5% GST, down from higher slabs.
• Health is the strongest trend. Millet, multigrain, high-protein, low-sugar and gluten-free products are moving from niche to mainstream.
• Modern retail and quick commerce. Packaged and premium bakery products now reach buyers in minutes.
• Small players can still win. Premixes, millet cookies, artisan breads and cloud bakeries need modest investment and can start at micro scale.