Press release
Protein Bagel Market Current Scenario with Future Aspect Analysis
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Protein Bagel Market - (By Ingredient (Gluten-Free Protein Bagels, Whole Grain Protein Bagels, Low-CarbProtein Bagels, Other Protein Bagels), By Flavor (Chocolate, Blueberry, Cinnamon, Plain, Others), By Distribution Channel (Hypermarkets & Supermarkets, Convenience stores, Online, Others)), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."According to the latest research by InsightAce Analytic, the Global Protein Bagel Market is valued at US$ 242.6 Mn in 2023, and it is expected to reach US$ 417.1 Mn by 2031, with a CAGR of 7.13% during the forecast period of 2024-2031.
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Protein bagels serve as a convenient and nutritious option aimed at supporting muscle recovery and overall health. They offer a practical means for consumers to increase their protein intake as part of a balanced diet. The rising adoption of digital platforms for purchasing and delivering food products-enabled by advancements in technology-has significantly contributed to the growing popularity of protein bagels. These platforms provide consumers with access to a wide array of nutritional options and the convenience of rapid delivery.
For manufacturers, this digital shift allows for broader market reach and enhanced consumer engagement. The demand for protein bagels is further driven by their alignment with evolving consumer preferences, increased focus on health and wellness, and the need for convenient, on-the-go food solutions.
List of Prominent Players in the Protein Bagel Market:
• McDonald's
• Hostess Brands
• BetterBrand
• Einstein Bros. Bagels
• Dave's Killer Bread
• Thomas' Bagels
• Panera Bread Company
• Bruegger's Bagel Bakery
• Dunkin Donuts
• Flowers Foods
• Other Prominent Players
Market Dynamics:
Drivers-
The increasing demand for protein bagels is driven by rising consumer awareness of health and nutrition. Manufacturers are enhancing their product offerings by incorporating nutritional supplements such as seeds and hemp seeds to boost the nutritional profile of protein bagels. These innovations not only improve the appeal of protein bagels but also contribute to heightened market demand.
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Challenges:
Key challenges impeding the growth of the protein bagels market include high production costs, shortages of skilled labor, and the lack of standardized regulations and protocols, particularly in developing regions. Elevated manufacturing expenses impact all stages of production, with specialized processes such as those required for catalytic bagel production further increasing costs due to the need for specific equipment and protein ingredients.
Regional Trends:
The Asia Pacific region is expected to command a substantial share of the protein bagels market, driven by rising disposable incomes, urbanization, and improvements in healthcare infrastructure that collectively support market expansion. The increasing number of urban centers further facilitates market growth by broadening consumer access. In Europe, the market holds a significant share owing to the popularity of traditional baked goods combined with the growing consumer interest in the health benefits offered by high protein products. Protein bagels have gained traction among European consumers due to their innovative flavors and ingredient variety, appealing to those seeking novel and diverse food experiences.
Recent Developments:
• In May 2023, Thomas'® has announced the extension of its breakfast range with the launch of Thomas' Everything Mini Bagels and its inaugural product, Thomas' Bagel Thins Bagels. The new bagel products enhance the brand's expanding array of creative breakfast options accessible nationwide.
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Segmentation of Protein Bagel Market-
By Ingredient-
• Gluten-Free Protein Bagels
• Whole Grain Protein Bagels
• Low-Carb Protein Bagels
• Other Protein Bagels
By Flavor-
• Chocolate
• Blueberry
• Cinnamon
• Plain
• Others
By Distribution Channel-
• Hypermarkets & Supermarkets
• Convenience stores
• Online
• Others
By Region-
North America-
• The US
• Canada
• Mexico
Europe-
• Germany
• The UK
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific-
• China
• Japan
• India
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America-
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa-
• GCC Countries
• South Africa
• Rest of the Middle East and Africa
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About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain a competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets, and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.https://www.insightaceanalytic.com/images_data/148861653.JPG
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