Flatbread Market to Reach $62.8 Billion by 2026, Reports Allied Market Research

According to a new report published by Allied Market Research, titled, "Flatbread Market by Product Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global flatbread market size was valued at $38.8 billion in 2018, and is projected to reach $62.8 billion by 2026, registering a CAGR of 6.2% from 2019 to 2026.

📍𝐆𝐞𝐭 𝐅𝐮𝐥𝐥 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 : https://www.alliedmarketresearch.com/request-sample/6262

𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐎𝐟𝐟𝐞𝐫 𝐀𝐥𝐞𝐫𝐭! 🚀 𝐆𝐞𝐭 𝐚 𝐌𝐚𝐬𝐬𝐢𝐯𝐞 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭 𝐨𝐧 𝐘𝐨𝐮𝐫 𝐍𝐞𝐱𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞! 𝐁𝐮𝐲 𝐧𝐨𝐰 𝐚𝐧𝐝 𝐭𝐚𝐤𝐞 𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐥𝐢𝐦𝐢𝐭𝐞𝐝-𝐭𝐢𝐦𝐞 𝐨𝐟𝐟𝐞𝐫. 🛍️

⚡𝐅𝐥𝐚𝐭𝐛𝐫𝐞𝐚𝐝 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

Flatbread, a versatile staple food made with water, flour, and salt, exists in various cultures worldwide. Its thinness allows for easy scooping or wrapping of food, making it a popular choice for diverse cuisines. With increasing health awareness, multigrain variants of flatbread are gaining popularity, often made from gluten-free cereals like rice, sorghum, teff, maize, or black beans, and fermented for added flavor and nutrition.

⚡𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐫𝐢𝐯𝐞𝐫𝐬:

- Quick Service Restaurants: The rise in quick-service restaurants (QSRs) has increased the consumption of flatbread, offering convenient and standardized food options to busy consumers, particularly millennials and Gen Z.

- Busy Lifestyles: The busy lifestyles of consumers, coupled with rising disposable income, have fueled the demand for ready-to-eat food products like flatbread.

- Health Awareness: Clean label initiatives promoting additive-free, natural ingredients in flatbread resonate with health-conscious consumers, driving market growth.

- Online Sales Channels: Increased penetration of online portals and attractive offers/discounts have expanded consumer access to flatbread, boosting industry growth.

⚡𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞𝐬:

- Moisture Control: Maintaining flatbread's moisture, softness, and mold-free state remains a challenge for stakeholders, impacting market growth.

- Spoilage: Microbial growth, oxidation, discoloration, and moisture loss contribute to flatbread spoilage, affecting market dynamics.

📍𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 : https://www.alliedmarketresearch.com/checkout-final/80bbc5805bbb5a38c3acaecf08e80f91

⚡𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐈𝐦𝐩𝐚𝐜𝐭:

- Regulatory frameworks governing flatbread products, including ingredient standards, food hygiene, and health claims, play a crucial role in shaping the market landscape and fostering consumer trust.

⚡𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬:

- Clean Label Trend: The clean label movement, emphasizing natural ingredients and transparency, aligns with consumer preferences and drives market growth by building trust in food manufacturers.

- Online Sales Expansion: The rapid growth of online and mobile user bases in emerging markets, coupled with improvements in logistics and payment options, fuels the expansion of online sales channels for flatbread products.

📍𝐈𝐧𝐪𝐮𝐢𝐫𝐞 : https://www.alliedmarketresearch.com/purchase-enquiry/6262

⚡𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

- Ingredients: Multigrain variants, gluten-free options, and fermented flatbreads cater to diverse consumer preferences.

- Applications: Flatbreads are used in various culinary applications, from wraps and sandwiches to pizza bases and appetizers.

- Sales Channels: Traditional retail, quick-service restaurants, and online platforms serve as key distribution channels for flatbread products.

⚡𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

- Developed Markets: In regions with established quick-service restaurant chains and high consumer purchasing power, flatbread consumption is driven by convenience and health considerations.

- Emerging Markets: Rapidly growing online sales channels and increasing consumer awareness of healthier food options contribute to market growth in emerging economies.

⚡𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

Major players in the flatbread market include manufacturers, quick-service restaurant chains, and online retailers, striving to meet consumer demand for convenience, health, and authenticity.

Flatbread Market is evolving in response to changing consumer preferences, technological advancements, and regulatory developments, presenting both challenges and opportunities for industry stakeholders.

📍𝐓𝐚𝐥𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐄𝐱𝐩𝐞𝐫𝐭 : https://www.alliedmarketresearch.com/connect-to-analyst/6262

⚡𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐭𝐮𝐝𝐲

• Based on product type, the tortilla segment dominated the global market in 2018, and is expected to retain its dominance throughout the flatbread market forecast period.

• Depending on product type, the others segment accounted for highest share in the flatbread market analysis in 2018, and is projected to grow at a CAGR of 10.2% from 2019 to 2026.

• By distribution channel, the business-to-business segment was the major shareholder in 2018, and is projected to register a CAGR of 5.8% from 2019 to 2026.

• Region wise, Europe is expected to grow at a CAGR of 6.7 from 2019 to 2026.

The key players operating in the Flatbread Market includes Kronos, Kontos Foods Inc., Klosterman Baking Company, Evron Foods Ltd., California Lavash, GRUMA, S.A.B. de C.V, La Brea Bakery, Olé Mexican Foods Inc., Tyson Food Inc. and Nina Bakery Europe

𝐂𝐨𝐧𝐭𝐚𝐜𝐭

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view of providing business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domain.

We have professional corporate relations with various companies and this helps us dig out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high-quality of data and help clients in every way possible to achieve success. Each and every piece of data presented in the reports published by us is extracted through primary interviews with top officials from leading companies in domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.