Bread Market Statistics and Research Analysis Released in Latest Industry Report 2028

The Insight Partners has added Latest Report on "Bread Market to 2027 - Global Analysis and Forecast by Product Type (Loaves, Baguettes, Rolls, Burger Buns, Sandwich Bread, Ciabatta, Others); Nature (Conventional, Organic); Distribution Channel (Hypermarkets and Supermarkets, Convenience and Retail Stores, Online, Others), and Geography", the bread market size is projected to reach US$ 260,930.3 million by 2027 from US$ 190,550.0 million in 2018 ; it is expected to grow at a CAGR of 3.6% during 2019-2027.

Bread market is an essential food item included in daily consumption among many cultures worldwide. The demand for bread has therefore been consistently growing and is expected to further grow as the population increases. Moreover, the increasing variety of special bread is expected to contribute to the growth of the market. Growing consumer priorities and their increasing preference toward consumption of healthier food have increased the demand for organic food products.

Download Sample PDF Copy of Bread Market study at: https://www.theinsightpartners.com/sample/TIPRE00007759/?utm_source=OpenPR&utm_medium=10661

The Prominent/Emerging Players in the Bread Market includes:

• Associated British Foods plc
• Almarai
• Barilla G. e R. Fratelli S.p.A
• Aryzta AG
• Fuji Baking Group
• Britannia Industries
• CSC Brands, L.P.
• Finsbury Food Group Plc
• Goodman Fielder
• Premier Foods Group Limited

To lower carbohydrates and increase protein intake in daily diet, consumers adopt kitogenics or paleo diets. This fact has encouraged manufacturers to introduce new products with low-carb, zero gluten, high protein, and fiber. The increased varieties of bread have propelled its demand. Besides, the factors such as busy and hectic schedules resulting in less or no time for cooking meals at home have raised the demand for convenient and packaged food that supports the sales of bread and related bakery products.

Rising disposable income and the inclination of consumers toward exploring new tastes and flavors are responsible for driving heavy traffic at restaurants, QSRs, and cafes. The trend of hanging out at these places is prevalent among youngsters, especially teenagers. This fact is responsible for the growth of fast-food, which indirectly drives the growth of the bread market. Companies in this market have been continuously focusing on strategies such as product developments and strategy and business planning to expand their footprint worldwide and fulfill the growing demand. For instance, in March 2018, WASA introduced New Gluten Free Crispbread Line.

Have Question? Speak to Analyst at: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00007759?utm_source=OpenPR&utm_medium=10661

Transforming lifestyles and food habits of consumers have had a noteworthy influence on the demand for bread in Europe. Although the consumption of bread in Europe is stable and the market for bread is not likely to grow intensely, there is a continuous demand for a greater variety of bread in many countries. Bread is among the staple food in most countries in Europe, and most people eat wholemeal bread as a part of their daily diet. Apart from convenience, European consumers prefer natural and wholemeal bread with other ingredients such as oats, bran, and seeds. This fact has encouraged European craft and industrial bakers to innovate new products.

Supermarkets and hypermarkets, convenience stores, independent retailers, artisanal bakeries, and online stores are among the major distribution channels. Improvement in the distribution or retail network of these distribution channels has uplifted the demand for bread at a significant rate as these channels are a feasible way for customers to buy these products. The availability of a wide range of bread and related products at a reasonable rate has attracted consumers to buy from supermarkets and hypermarkets.

Based on product type, the bread market is segmented into loaves, baguettes, rolls, burger buns, sandwich bread, ciabatta, and others. In 2020, the loaves segment accounted for the largest revenue share in the market. Based on nature, the bread market is segmented into conventional and organic. The conventional segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. Based on distribution channel, the bread market is segmented into hypermarkets and supermarkets, convenience and retail stores, online, and others. In 2020, the convenience stores & retail stores segment accounted for the largest revenue share in the market.

Directly Purchase Premium Copy of Bread Market Growth Report at: https://www.theinsightpartners.com/buy/TIPRE00007759/?utm_source=OpenPR&utm_medium=10661

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.