The global market for Bread is estimated at US$238.8 Billion in 2023 and is projected to reach US$296.1 Billion by 2030, growing at a CAGR of 3.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the bread market is driven by several factors. Advances in food processing technology are enabling manufacturers to produce a wider variety of bread products that meet specific dietary needs and preferences, thereby expanding the market. Techniques such as enzymatic treatments, the use of sourdough starters, and the incorporation of alternative flours are making it possible to create breads that cater to gluten-free, keto, and other specialized diets. Increasing urbanization and the busy lifestyles associated with it are spurring demand for convenient, ready-to-eat bread products. Pre-sliced and packaged breads, as well as ready-to-bake options, provide quick and easy solutions for time-strapped consumers. Additionally, the rise in health and wellness trends is driving consumers to seek out breads made with whole grains, ancient grains, and other healthful ingredients. The growing popularity of plant-based diets is also contributing to the demand for vegan-friendly bread options, which avoid ingredients like eggs and dairy. Furthermore, the expansion of retail and online distribution channels is making a diverse range of bread products more accessible to a global consumer base. E-commerce platforms, specialty food stores, and supermarket chains are all contributing to the wider availability of niche and specialty bread products. The artisanal bread movement, with its focus on quality and tradition, continues to gain traction, supported by consumer preferences for natural and minimally processed foods. Farmers` markets, boutique bakeries, and organic grocery stores are just some of the avenues through which consumers can access artisanal bread. These factors collectively propel the growth of the bread market, ensuring its enduring place in the global diet.
The growth in the bread market is driven by several factors. Advances in food processing technology are enabling manufacturers to produce a wider variety of bread products that meet specific dietary needs and preferences, thereby expanding the market. Techniques such as enzymatic treatments, the use of sourdough starters, and the incorporation of alternative flours are making it possible to create breads that cater to gluten-free, keto, and other specialized diets. Increasing urbanization and the busy lifestyles associated with it are spurring demand for convenient, ready-to-eat bread products. Pre-sliced and packaged breads, as well as ready-to-bake options, provide quick and easy solutions for time-strapped consumers. Additionally, the rise in health and wellness trends is driving consumers to seek out breads made with whole grains, ancient grains, and other healthful ingredients. The growing popularity of plant-based diets is also contributing to the demand for vegan-friendly bread options, which avoid ingredients like eggs and dairy. Furthermore, the expansion of retail and online distribution channels is making a diverse range of bread products more accessible to a global consumer base. E-commerce platforms, specialty food stores, and supermarket chains are all contributing to the wider availability of niche and specialty bread products. The artisanal bread movement, with its focus on quality and tradition, continues to gain traction, supported by consumer preferences for natural and minimally processed foods. Farmers` markets, boutique bakeries, and organic grocery stores are just some of the avenues through which consumers can access artisanal bread. These factors collectively propel the growth of the bread market, ensuring its enduring place in the global diet.
Regional Analysis
Gain insights into the U.S. market, estimated at $64.0 Billion in 2023, and China, forecasted to grow at an impressive 4.7% CAGR to reach $59.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Bread Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Bread Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Bread Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Almarai Company, ARYZTA AG, Associated British Foods PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 206 Featured):
- Almarai Company
- ARYZTA AG
- Associated British Foods PLC
- Barilla G. e R. Fratelli S.p.A
- Britannia Industries Ltd.
- Campbell Soup Company
- Finsbury Food Group PLC
- Fuji Baking Co., Ltd.
- Goodman Fielder Pty., Ltd.
- Grupo Bimbo S.A.B. de C.V.
- Premier Foods PLC
- Yamazaki Baking Co., Ltd.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
- Almarai Company
- ARYZTA AG
- Associated British Foods PLC
- Barilla G. e R. Fratelli S.p.A
- Britannia Industries Ltd.
- Campbell Soup Company
- Finsbury Food Group PLC
- Fuji Baking Co., Ltd.
- Goodman Fielder Pty., Ltd.
- Grupo Bimbo S.A.B. de C.V.
- Premier Foods PLC
- Yamazaki Baking Co., Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 362 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 238.8 Billion |
| Forecasted Market Value ( USD | $ 296.1 Billion |
| Compound Annual Growth Rate | 3.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
