Global Bread & Bakery Market: Overview
Due to the high rate of obesity cases and other health problems in the US, people are increasingly focusing on leading vegan lifestyles and considering nutritional content while making purchases. Customers are searching for premium, gluten-free packaged bread that is healthful and look to make a compromise with the product’s shorter shelf life. As a result, in 2019 producers like Smart Baking Company began making gluten-free bread. States like Virginia, Florida, and Kentucky will experience a sharp increase in product sales due to the rising consumption of packaged breads in smaller loaves and half loaf sizes with additional grains like quinoa.
The Federation of Bakers divided the UK baking industry into three main areas: plant bakeries, in-store bakeries, and craft bakeries. Packaged bread dominated all three of these sectors. Nearly 80% of packaged bread sold in the UK is produced by plant baking firms, while in-store bakeries (located inside of supermarkets) and craft bakeries (high street retail bakers) produce 17% and 3% of the product, respectively.
Also pushing UK plant bakers to export frozen and part-baked packaged bread throughout Europe and the global foodservice industry is the increased demand among merchants in importing wrapped and fresh sliced bread from Greater Britain. This is driving the market’s expansion.
Breads were once typically wrapped in wax paper by Indian makers. Due to the high moisture content of packed breads, it was necessary to find packaging materials that could stop mould growth without causing the product to become hard or dry or lose its aroma. 80% of packaged bread manufacturers now pack their products in plastic films comprised of polypropylene or polyethylene that can produce high barrier composites as a result of technical advancements in the nation.
High occurrences of diseases related eating and lifestyles such as diabetes, obesity, cardiac issues, blood pressure are gradually shifting the consumer food preference from inorganic products to organic packaged bread.
Awareness about healthy diet has made a strong impact on packaged bread consumption worldwide which includes ingredients grown without any pesticides or chemical fertilizers. Keeping the demand in mind Bimbo Bakeries USA launched a new organic bread range in June 2018 in the US.
A revival in the popularity of packaged sandwich bread as a staple food has been attributed to COVID-19’s encouragement of more binge and at-home eating. In many nations, packaged bread is regarded as a staple food item. It can easily stand out on the market if it offers significant advantages like pleasure and nutrition. The popularity of nutritional bread has inspired bakeries to create loaves of bread that combine nutrition and delight.
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Global Bread & Bakery Market: Major Players
Tesco PLC
Groupe Auchan SA
ITM Developpement International
Target Corp.
The Kroger Co.
Costco Wholesale Corp.
JD.com Inc.
Walmart Inc.
Carrefour
Rewe Group
Global Bread & Bakery Market: Types
Bread
Cake
Biscuits
Pastries
Others
Global Bread & Bakery Market: Applications
Specialist Retailer
Retail Channel
Food service
Others
Important packaged bread producers are pursuing crucial advancements in the retail marketplaces while searching for organic and inorganic expansion options. While preparing the ground for business growth, brands are concentrating on organic growth techniques like product launches and product approvals through patents. For example, Flowers Foods, Inc. successfully introduced its packed bread in 2019 under the brand name “Nature’s Own Perfectly Crafted Brioche Style” bread, and in 2020 the business expanded the idea to include hamburger buns, hot dog buns, and butter rolls. The products have characteristics like a light sweetness and brioche-like texture. The brand is currently concentrating on various items with a rye flavour and a crust sprinkled with flour.
𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐌𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐲:
• The study was conducted using an objective combination of primary and secondary information including inputs and validations from real-time industry experts.
• The proprietary process culls out necessary data from internal databases developed over 15 years and updated accessing 10,000+ sources on daily basis including Industry associations, organizations, publications, trade, and other statistical sources.
• An in-depth product and revenue analysis are performed on top industry players along with their business and geography segmentation.
• Receive primary inputs from subject matter experts working across the value chain in various designations. We often use paid databases for any additional data requirements or validations.
• In-house experts utilizing sophisticated methods including data triangulation, will connect the dots and establish a clear picture of the current Market conditions, market size, and market shares.
• We study the value chain, parent and ancillary markets, technology trends, recent developments, and influencing factors to identify demand drivers/variables in the short, medium, and long term.
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𝐊𝐞𝐲 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐀𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
• What is the current Market size at global, regional, and country levels?
• What is the market penetration by different types, Applications, processes/technologies, and distribution channels of the Market?
• How has the global Market developed in past years and how will it perform in the coming years?
• What is the impact of COVID-19, global inflation, Russia-Ukraine war on the Market forecast?
• How diversified is the Market and what are the new product launches, untapped geographies, recent developments, and investments?
• What are the potential regional Market to invest in?
• What is the high-performing type of products to focus on in the Market?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global Market and who are the key players?
• What is the degree of competition in the industry?
• What is the market structure/Market competitive Intelligence? Who are the key competitors to focus on and what are their strategies?
