The Organic Bakery Products Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Organic Bakery Products Global Market Report 2024, The organic bakery products market size has grown strongly in recent years. It will grow from $11.56 billion in 2023 to $12.15 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to changing consumer lifestyles, environmental concerns, government regulations and certifications, retail expansion of organic products, innovation in organic ingredients.
The organic bakery products market size is expected to see steady growth in the next few years. It will grow to $14.37 billion in 2028 at a compound annual growth rate (CAGR) of 4.3%. The growth in the forecast period can be attributed to educational campaigns, e-commerce growth, organic farming advancements, clean label movement, rise in plant-based alternatives, globalization of organic food markets. Major trends in the forecast period include rising consumer demand for clean label products, growing interest in gluten-free and allergen-free options, innovation in organic ingredients and flavors, expanding online presence and e-commerce, expansion of organic bakery offerings in cafés and restaurants.
Increasing consumer preferences towards healthy ingredients is a major driver for the organic bakery product market. Growing urbanization is leading to hectic lifestyles and unhealthy eating options, which have resulted in lifestyle disorders and a deterioration of health for consumers. Thus, changing consumer preferences are forcing manufacturers to switch to the use of organic ingredients such as organic baking powder, gluten-free powder, and aluminum-free baking powder. Moreover, the rising disposable income of the population is expected to contribute to the higher demand for organic bakery products in the near future. According to Trading Economics, the US-based financial service provider, the disposable personal income in India increased to Rs 27,29,95,370 million in the year 2022 from Rs 23,85,73,760 in the year 2021.
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The organic bakery products market covered in this report is segmented –
1) By Product Type: Bread & Rolls, Savory Snacks, Cakes & Pastries, Cookies & Biscuits, Other Product Types
2) By Category: Gluten-Free, Sugar-Free, Low-Calories
3) By Distribution Channel: Wholesalers/ Distributors/ Direct, Supermarkets/ Hypermarkets, Convenience Stores, Online Retailers, Other Retail Formats
The use of innovative technology for enhanced taste and flavour is the trend in the organic bakery products manufacturing market. The rising preference for organic bakery products among consumers, owing to their health benefits, is motivating manufacturers to use innovative technology and methods to offer new organic bakery products with enhanced taste and flavor. The manufacturers are trying to study new methods to increase the shelf-life of the products, such as the use of natural preservatives along with enhanced taste till the time of consumption.
The organic bakery products market report table of contents includes:
1. Executive Summary
2. Organic Bakery Products Market Characteristics
3. Organic Bakery Products Market Trends And Strategies
4. Organic Bakery Products Market – Macro Economic Scenario
5. Global Organic Bakery Products Market Size and Growth
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26. South America Organic Bakery Products Market
27. Brazil Organic Bakery Products Market
28. Middle East Organic Bakery Products Market
29. Africa Organic Bakery Products Market
30. Organic Bakery Products Market Competitive Landscape And Company Profiles
Top Major Players:
- Mondelez International Inc
- Associated British Foods PLC
- Grupo Bimbo S.A.B. de C.V
- Kellanova
- Flower Foods Inc
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