The Bread Market is being driven by Rising urbanization and changing consumer lifestyles
The Bread Market is expected to grow at a CAGR of 7.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 129.7 billion. In the baking industry, there is a discernible trend toward the utilization of health-conscious ingredients, such as aluminum-free baking powder and gluten-free flour, including organic baking flour. The demand for organic bread, despite being pricier due to its costlier manufacturing process and raw materials, is on the rise among health-conscious consumers. The preference for organic baking ingredients will significantly impact the production and consumption of bread positively. It is important to note that gluten, a protein found in wheat, barley, and rye, is commonly used in the production of multigrain bread and various bakery items.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
228 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7.1% |
Market growth 2025-2029 |
USD 129.7 billion |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.5 |
Key countries |
US, Canada, Germany, UK, Italy, France, The Netherlands, China, India, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Bread Industry encompasses the production of Whole Meal Bread, Baked Goods, and Household Staples such as Bakery Items. Bread Manufacturers offer a variety of products, including Fortified Bread, Clean Label Bread, and Organic Bread, catering to Health Conscious Consumers. Regional Bread Specialties, Value-Added Products, and Functional Food Products made with Natural Ingredients, Protein-rich Legumes like Lentils, and Functional Ingredients are popular. E-commerce platforms provide Convenience, with E-commerce Sales and Delivery Methods enabling access to Private Labels and Specialty Breads. Recycled Plastic Packaging is a sustainable solution for Bread Products.
The Bread Market, a segment of the global packaged foods and meals industry, encompasses vendors engaged in the production of whole meal bread, baked goods, and other household staple bakery items. This market is a significant contributor to the packaged foods and meats sector, with its size determined by the consolidated revenue of participating manufacturers. Excluding food processing equipment suppliers and producers of packaged beverages, this market is poised for growth due to increasing consumer preference for healthier, minimally processed bread options. These breads, rich in nutrients such as potassium, dietary fiber, folate, vitamin A, and vitamin C, cater to the growing demand for healthier household staples.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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