Flower Foods Inc., Hain Celestial Group Inc., Manna Organics LLC, Natures Bakery Cooperative, Toufayan Bakery Inc.

Rising interest in healthy living and consumers becoming more aware and informed about the ingredients used in various food is resulting in more demand for food made using natural and organic ingredients. Meanwhile, in case of bakery products like bread, pastries, cakes, etc., more preference is being given to the organic bakery products. Hence, organic bakery product manufacturers are focusing on using organic cereals and ingredients, natural flavors in their bakery products. Manufacturers are also producing new bakery products made using organically produced grains such as rice, quinoa, and chia to increase nutritional value. Increasing demand for gluten-free bakery products and the fact that majority of consumers are willing to pay more for these products is driving demand for organic bakery products.

According to a new study by Fact.MR, the global organic bakery market is expected to witness moderate CAGR. The global market for organic bakery is projected to reach US$ 11,000.7 million revenue towards 2022 end. Increasing health-consciousness among consumers is driving the demand for organic bakery products. Manufacturers are increasingly investing in the research and development of new technologies and techniques for producing organic and gluten-free bakery products.

Organic bakery products are made using organic ingredients and cereals. These products are produced as per the specific set of guidelines designed by different food safety organizations in different countries in order to get organic certification. Organic bakery products are made using organic butter, organic flour, organic sugar or natural sweeteners, etc. Sugar-free organic bakery products are also gaining popularity among consumers.

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Rising preference for organic bakery products among consumers is motivating manufacturers to use innovative technology and methods to offer new organic bakery products with enhanced taste and flavor. Manufacturers are also searching for new methods to increase the shelf-life of the products. Organic bakery products are being produced using natural flavors, meanwhile, manufacturers are still researching on natural preservatives that can keep the organic bakery products fresh for a long time. The concept of organic baking is also gaining traction among manufacturers. They are emphasizing more on processes and equipment used in organic baking to ensure its quality till the time it reaches consumers.

Compared to other organic bakery products such as biscuits, cakes & desserts, rolls & croissant, etc. Bread is expected to emerge as one of the largest sold organic bakery product. Bread as the organic bakery product is projected to exceed US$ 4,300 million revenue towards the end of 2022. Bread is likely to gain nearly two-fifth of the revenue share by 2017 end.

High Sales through Wholesalers/Distributors/Direct

Accounting close to two-fifth of the revenue share on global revenues by 2017 end, wholesalers/Distributors/Direct is likely to emerge as one of the most lucrative sales channels in the global organic bakery market. Wholesalers/distributors/direct sales channel is estimated to surpass US$ 800 million incremental opportunity during the forecast period 2017-2022. Meanwhile, supermarkets/hypermarkets as sales channel are also expected to witness moderate growth from 2017 to 2022.

Regional Outlook

Europe will likely emerge as the dominating region in the global market for organic bakery. Europe is expected to gain around one-third of the revenue share by the end of 2017. Meanwhile, North America organic bakery market is also expected to experience moderate growth. North America is projected to reach close to US$ 2,500 million revenue towards 2022 end.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global organic bakery market through 2022, which include Flower Foods, Inc., Hain Celestial Group, Inc., Manna Organics LLC, Natures Bakery Cooperative, Toufayan Bakery, Inc, Mestemacher GmbH, United States Bakery, and Alvarado Street Bakery.

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This release was published on openPR.