Press release
Organic Bakery Products Market Trends, Top Companies, Share, Growth And Forecast 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company offers in-depth market insights through Organic Bakery Products Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The organic bakery products market size has grown strongly in recent years. It will grow from $11.56 billion in 2023 to $12.15 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to changing consumer lifestyles, environmental concerns, government regulations and certifications, retail expansion of organic products, innovation in organic ingredients.
The organic bakery products market size is expected to see steady growth in the next few years. It will grow to $14.37 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to educational campaigns, e-commerce growth, organic farming advancements, clean label movement, rise in plant-based alternatives, globalization of organic food markets. Major trends in the forecast period include rising consumer demand for clean label products, growing interest in gluten-free and allergen-free options, innovation in organic ingredients and flavors, expanding online presence and e-commerce, expansion of organic bakery offerings in cafés and restaurants.
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Market Segmentation:
The organic bakery products market covered in this report is segmented -
1) By Product Type: Bread & Rolls, Savory Snacks, Cakes & Pastries, Cookies & Biscuits, Other Product Types
2) By Category: Gluten-Free, Sugar-Free, Low-Calories
3) By Distribution Channel: Wholesalers/ Distributors/ Direct, Supermarkets/ Hypermarkets, Convenience Stores, Online Retailers, Other Retail Formats
Major Driver - Consumer Shift Towards Healthier Choices Boosts The Organic Bakery Products Market
Increasing consumer preferences towards healthy ingredients is a major driver for the organic bakery product market. Growing urbanization is leading to hectic lifestyles and unhealthy eating options, which have resulted in lifestyle disorders and a deterioration of health for consumers. Thus, changing consumer preferences are forcing manufacturers to switch to the use of organic ingredients such as organic baking powder, gluten-free powder, and aluminum-free baking powder. Moreover, the rising disposable income of the population is expected to contribute to the higher demand for organic bakery products in the near future. According to Trading Economics, the US-based financial service provider, the disposable personal income in India increased to Rs 27,29,95,370 million in the year 2022 from Rs 23,85,73,760 in the year 2021.
Competitive Landscape:
Major companies operating in the organic bakery products market report are Mondelez International Inc., Associated British Foods plc, Grupo Bimbo S.A.B. de C.V., Kellanova, Flower Foods Inc., The Hain Celestial Group Inc., Dave's Killer Bread, Healthybake, Finsbury Food group plc, Baker Delight Holdings Limited, Mestemacher GmbH, Toufayan Bakery Inc., ACE Bakery, New Horizon Foods Inc., Canyon Bakehouse LLC, Rudi's Organic Bakery, Hain Celestial Group (Rudi's Bakery), The Essential Baking Company, BFree Foods, Alvarado Street Bakery, Ozery Bakery Inc., Little Northern Bakehouse, Manna Organics LLC, Nutri-Bake Inc., Angelic Bakehouse, Honeyrose Bakery Ltd., United States Bakery, Soyfoods Ltd., Cress Spring Bakery, Natures Bakery Cooperative, Silver Hills Bakery, La Brea Bakery, Three Bakers Gluten-Free Bakery, The Great British Cake Company, The Handmade Cake Company, The Bread Garden Bakery & Café, The Little Cake Company
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Top Trend - Innovative Technology Drives Enhanced Taste And Flavor In The Organic Bakery Products Market
The use of innovative technology for enhanced taste and flavour is the trend in the organic bakery products manufacturing market. The rising preference for organic bakery products among consumers, owing to their health benefits, is motivating manufacturers to use innovative technology and methods to offer new organic bakery products with enhanced taste and flavor. The manufacturers are trying to study new methods to increase the shelf-life of the products, such as the use of natural preservatives along with enhanced taste till the time of consumption.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Organic Bakery Products Market Characteristics
3. Organic Bakery Products Market Trends And Strategies
4. Organic Bakery Products Market - Macro Economic Scenario
5. Organic Bakery Products Market Size And Growth
…..
27. Organic Bakery Products Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
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