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-Carb/Protein 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 are for the fulfilment and restoration of muscles and general health, and protein bagels provide a simple approach to increasing nutrition. The increase in digital nourishment purchasing and distribution options has been made possible by technological advancement, and this is one of the things driving up the popularity of protein bagels. It has given clients the flexibility of a large selection of nourishment alternatives.
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 growing demand for protein bagels is fueled by the growing awareness about health. Some producers are adding nutritional supplements such as seeds and hemp seeds to increase the nutritional content of their goods. These developments are projected to fuel expansion in the global protein bagels market since they not only increase the appeal of protein bagels but also increase their demand in the marketplace. The global market for protein bagels is expanding to unprecedented heights due to consumers' growing need for wholesome and practical meals, which health-conscious consumers are driving.
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Challenges:
The primary barriers to the growth of the market for protein bagels include high costs, the absence of skilled workers, and a deficiency of standards and procedures as a result of restrictions and distance in developing nations. Rising manufacturing expenses are posing an enormous threat to the protein bagels industry, impacting all aspects of the manufacturing method. Because they need certain tools and proteins, the adoption of specialist processes in the manufacturing process-such as catalytic bagels-increases the price of manufacturing.
Regional Trends:
The Asia Pacific protein bagel market is anticipated to register a major revenue share. It is projected to grow at a high CAGR in the near future because consumers are able to increase their spending on products and services, which in turn raises people's level of living. The growing number of cities and towns in the area, along with improvements in healthcare, are laying the groundwork for the market to flourish.
Besides, Europe had a remarkable market share because of the popularity of standard baked goods combined with the health advantages of high protein may be obtained from protein bagels, making them a quick and convenient food option. Protein bagels are gaining popularity among European customers due to their inventive and varied flavours and components, making them an attractive choice for anyone seeking to experiment with novel and stimulating food combinations.
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.
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