Press release
Bread Market size was valued at USD 239.78 Bn. in 2023 and is expected to reach USD 311.31 Bn. by 2030
Bread Market
Bread Market size was valued at USD 239.78 Bn. in 2023 and is expected to reach USD 311.31 Bn. by 2030, at a CAGR of 3.8 percentage.
Bread ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The global bread market was valued at approximately USD 239.78 billion in 2023 and is projected to reach USD 311.31 billion by 2030, growing at a CAGR of 3.8%. Bread remains a fundamental staple for around 80% of the global population. Growth in this market is driven by increasing health-conscious consumer preferences for whole grain, gluten-free, and specialty breads, as well as innovations in the bakery industry. Europe leads in market size, with Italy standing out for its high per capita bread consumption, reflecting a strong cultural preference for diverse bread varieties.
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๐๐ก๐๐ญ ๐๐ซ๐ Bread ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
The bread market is being significantly influenced by evolving consumer preferences and lifestyles. There is a growing demand for convenient, ready-to-eat bakery products due to busy lifestyles, along with a heightened interest in healthier options that include low-carb, high-fiber, and nutrient-rich ingredients. Consumers are also leaning towards clean-label, gluten-free, and sodium-reduced breads. To meet these demands, manufacturers are innovating with new production techniques and ingredients to improve shelf life and product quality while addressing challenges such as fluctuating raw material prices and a shortage of skilled labor in the sector.
What is Bread Market Regional Insight?
Europe remains the dominant region in the global bread market, driven by a large aging population and a strong preference for high-quality, artisanal, and specialty breads. The European market is also influenced by trends such as sustainable packaging and organic options. Despite the strong demand, the market has been affected by external factors like the Russia-Ukraine conflict, which has led to higher raw material costs and consequently increased bread prices across the region. Italy exemplifies the region's deep-rooted bread culture, with the highest per capita consumption and a rich variety of traditional breads.
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Segmentation Analysis of the Bread Market
By Product Type
Loaves
Baguettes
Cake and Pastries
Rolls
Burger buns
Sandwich slices
Ciabatta
Frozen bread
Other
By Ingredient
White bread
Whole wheat bread
Multigrain bread
Artisanal bread
By Nutritional
Value
High-fiber bread
Low-carb bread
Gluten-free bread
Functional bread
Other nutritional values
By Distribution Channel
Supermarkets and hypermarkets
Convenience store
Online retail channel
Specialty stores
Who is the largest manufacturers of Bread Market worldwide?
Bakkerij borgesius
Maple Leaf Foods,
Canada Bread,
Yamazaki Baking
Hindustan Unilever Limited (HUL)
Bakers Delight
Panera Bread
Brace's Bakery
George Weston
Associated British Foods
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Key Offerings:
Past Market Size and Competitive Landscape
Bread Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Bread Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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