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Global Organic Bakery Market Analysis: Bread Is Likely To Gain Nearly Two-Fifth Of The Revenue Share By 2017 End.

01-31-2018 04:29 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

Organic bakery products are made using organic ingredients and cereals. These products are produced as per the specific set of guidelines designed by different food safety organizations in different countries in order to get organic certification. Organic bakery products are made using organic butter, organic flour, organic sugar or natural sweeteners, etc. Sugar-free organic bakery products are also gaining popularity among consumers.

According to a new study by Fact.MR, the global organic bakery market is expected to witness moderate CAGR. The global market for organic bakery is projected to reach US$ 11,000.7 million revenue towards 2022 end. Increasing health-consciousness among consumers is driving the demand for organic bakery products. Manufacturers are increasingly investing in the research and development of new technologies and techniques for producing organic and gluten-free bakery products.

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Rising preference for organic bakery products among consumers is motivating manufacturers to use innovative technology and methods to offer new organic bakery products with enhanced taste and flavor. Manufacturers are also searching for new methods to increase the shelf-life of the products. Organic bakery products are being produced using natural flavors, meanwhile, manufacturers are still researching on natural preservatives that can keep the organic bakery products fresh for a long time. The concept of organic baking is also gaining traction among manufacturers. They are emphasizing more on processes and equipment used in organic baking to ensure its quality till the time it reaches consumers.

Key Insights on Global Organic Bakery Market

1- During the forecast period 2017-2022, Europe is expected to dominate the global market for organic bakery. Europe is anticipated to account for nearly one-third of the revenue share on global revenues by the end of 2017.

2- North America organic bakery market is likely to witness moderate growth. By 2022 end, North America is estimated to bring in nearly US$ 2,500 million revenue. Increasing preference for healthy, gluten-free and low-calorie food along with the rise in disposable income are some of the factors driving organic bakery market in North America. Moreover, adoption of innovative technology for production and packaging is also contributing towards the growth in the region.

3- Bread is expected to be one of the highly preferred organic bakery product. Accounting for nearly two-fifth of the revenue share on global revenue by 2017 end, bread as organic bakery product is projected to create an incremental opportunity surpassing US$ 800 million during 2017-2022. Meanwhile, rolls & croissant are expected to be the second most preferred organic bakery products.

4- Compared to supermarkets/hypermarkets as the organic bakery sales channel, wholesalers/distributors/direct sales channel for organic bakery is likely to gain momentum. Wholesalers/distributors/direct as sales channel is projected to reach nearly US$ 4,300 million revenue towards the end of 2022.

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Regional Outlook

Europe will likely emerge as the dominating region in the global market for organic bakery. Europe is expected to gain around one-third of the revenue share by the end of 2017. Meanwhile, North America organic bakery market is also expected to experience moderate growth. North America is projected to reach close to US$ 2,500 million revenue towards 2022 end.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of global organic bakery market through 2022, which include Flower Foods, Inc., Hain Celestial Group, Inc., Manna Organics LLC, Natures Bakery Cooperative, Toufayan Bakery, Inc, Mestemacher GmbH, United States Bakery, and Alvarado Street Bakery.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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