Authored By: Sarah
11 Jul 2024

 Packaged Croissant Market to grow by USD 1853.37 million between 2024-2028

According to a research report “ Packaged Croissant Market” by Type (Shelf-stable croissants, Frozen croissants) Distribution Channel (Offline, Online) Geography (Europe, North America, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1853.37 million at a CAGR of  4.57% during the forecast period. In today's fast-paced business environment, the demand for convenient and time-saving food solutions has surged. The packaged croissant market is witnessing significant growth as a result of this trend. With increasing numbers of working professionals seeking quick and hassle-free meal options, the market for ready-to-eat (RTE) packaged croissants is expanding. These products offer numerous advantages, including ease of consumption, accessibility, and time savings. Their minimal preparation requirements and portable nature make them an ideal choice for busy individuals who value flavor and quality without compromising on convenience. This consumer preference for RTE and convenience foods is propelling the global packaged croissant market forward..

Browse market data tables, figures, and in-depth TOC on “Packaged Croissant Market” by Type (Shelf-stable croissants, Frozen croissants) Distribution Channel (Offline, Online) Geography (Europe, North America, APAC, South America, Middle East and Africa) Global Forecast to 2028.

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By Type, the Shelf-stable croissants segment is projected to dominate the market size in 2024.

In the packaged croissant market, offline sales represent a substantial market share. Consumers purchase these products from brick-and-mortar stores, including grocery outlets and convenience stores. Despite the growth of online retail, offline channels continue to dominate due to consumer preferences for in-person shopping experiences and instant product availability. Offline distribution channels cater to diverse consumer purchasing habits.

By Distribution Channel, Offline  segment is expected to hold the largest market size for the year 2024.

In the packaged croissant market, the segment of shelf-stable croissants holds a significant market share. These croissants offer numerous advantages for both producers and consumers. They do not necessitate refrigeration or freezing, enabling easy storage in cupboards and pantries, thereby enhancing convenience. Additionally, their portability makes them suitable for consumption outside the home, during travel, or on-the-go activities.

Europe is forecasted to hold the largest market size by region in 2024.

The European packaged croissant market holds a significant market share in the global bakery industry. With a robust network of established bakeries and chains, Europe leads in innovation, consumer preferences, and distribution channels. The region's high consumption rate of bread, rolls, and cookies is surpassed by the increasing demand for packaged croissants due to their convenience and delightful sweet taste. Factors driving market growth include rising disposable income, consumer preference for convenience foods, and the demand for healthier options.

The Packaged Croissant Market t growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Bauli S.p.A.
  • Boulangerie Solignac
  • Britannia Industries Ltd.
  • Corporativo Bimbo SA de CV
  • Edita Food Industries
  • FRESH SNACK
  • General Mills Inc.
  • Lantmannen ekonomisk forening
  • McCain Foods Ltd.
  • Mondelez International Inc.
  • Pizzo and Crozzo
  • Rademaker BV
  • San Giorgio Spa
  • Spanish Market doo
  • Starbucks Corp.
  • Sydney Cake House Sdn Bhd
  • Tata Sons Pvt. Ltd.
  • Upper Crust
  • Vancouver Croissant Enterprises Ltd.
.

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Research Analysis Overview

The packaged croissant market encompasses a wide range of products, including chocolate-filled, plain, and various flavors. These items are sold in retail establishments such as convenience stores and supermarkets. Independent retailers and online retailers also play a significant role in the market. The market segmentation includes Danish pastries, frozen croissants, and shelf-stable croissants. Strict regulations ensure stringent quality control, with product recalls a possibility in case of non-compliance. Brands like Mini Filled Croissants adhere to heart health guidelines, offering reduced saturated fat options to mitigate adverse health effects. Metropolitan areas witness high demand for these baked goods due to their convenience and buttery flavor with a flaky texture. The World Bank reports that the French & Austrian influence on pastry-making continues to shape the global packaged croissant market. Key players in the market focus on innovation and product development to cater to diverse consumer preferences.

Market Research Overview

The Packaged Croissant Market caters to the comforting and adventurous palates of consumers, offering a blend of classic flavors and familiar local ingredients. This market segment includes a variety of croissant options, from traditional buttery and flaky textured pastries to innovative multigrain alternatives with lower fat content and reduced sugar. Independent retailers, convenience stores, supermarkets, and online retailers stock these baked goods, catering to the hectic schedules and convenience-driven preferences of customers. Market participants continue to broaden product offerings by introducing savory options, such as almond-filled or chocolate-filled croissants, and twisting international flavors into the mix. Strict regulations ensure product safety and quality, with stringent measures in place to prevent product recalls. The breakfast foods segment, including Danish pastries and frozen or shelf-stable croissants, experiences convergence as consumers seek healthier indulgence options. Changing consumer preferences towards heart health and the adverse health effects of saturated fats have led to the development of mini filled croissants and other innovative solutions. The market is influenced by trends in metropolitan areas and global economic factors, such as those impacted by the World Bank and European-style pastries' French & Austrian origins.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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