The Asia Pacific Bread Crumbs Market should witness market growth of 3.6% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 74.9 Kilo Tons, showcasing a growth of 2.6% (2019-2022).
Urbanization and consumerism, which have caused a sharp increase in the consumption of convenience, processed, and ready-to-eat foods, have accelerated this transformation. Living standards and discretionary incomes have increased as urbanization has grown. The labour force proportion has recently increased in a number of places. The flavor and texture of these crumbs can vary, and there are varieties that are panko, seasoned, gluten-free, and organic. These creative products appeal to a wider customer base and accommodate a variety of dietary needs.
Due to increased urbanization and greater purchasing power, which reduces the demand for cooking time, customers are spending more on prepared and cooked dishes. In addition, the recent rapid economic boom has significantly raised the living standards in middle-class neighborhoods. The demand for ready-to-eat meals is increasing as a result of rising disposable income. As consumers grow more health-conscious and look for healthier eating options, the demand is also being pushed by the development of low-fat and fat-free goods.
Due to its growing urbanization and rising per capita income of its consumers, India is the market leader for breadcrumbs in South Asia. India has made significant urban progress, according to the UN. By 2030, it is predicted that over 400 million Indians will reside in urban areas. Cod baked in bread crumbs, panko-crusted fish filets, parmesan-crusted fish filets, and crispy breaded fish are some examples of baked fish meals that use bread crumbs as a coating. These elements will provide new prospects for market participants in the coming years.
The China market dominated the Asia Pacific Bread Crumbs Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $173.9 million by 2030. The Japan market is poised to grow at a CAGR of 3% during (2023-2030). Additionally, India's market would showcase a CAGR of 4.2% during (2023-2030).
Based on Distribution Channel, the market is segmented into Food Service, and Retail (Hypermarkets/Supermarkets, Wholesale Stores, Online, and Others). Based on End-use, the market is segmented into Fresh Food Items, Frozen Food Items, Dessert, Pet Treats, and Others. Based on Seasoning, the market is segmented Unflavored, Italian, French, Cheese, Paprika, and Garlic. Based on Product, the market is segmented into Dry, Fresh, Panko, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kikkoman Corporation, 4C Foods Corporation, General Mills, Inc., Edward & Sons Trading Co., Inc., Gonnella Baking Co., George DeLallo Company, Inc., Gillian's Foods, and Aleia’s Gluten Free Foods, LLC.
Urbanization and consumerism, which have caused a sharp increase in the consumption of convenience, processed, and ready-to-eat foods, have accelerated this transformation. Living standards and discretionary incomes have increased as urbanization has grown. The labour force proportion has recently increased in a number of places. The flavor and texture of these crumbs can vary, and there are varieties that are panko, seasoned, gluten-free, and organic. These creative products appeal to a wider customer base and accommodate a variety of dietary needs.
Due to increased urbanization and greater purchasing power, which reduces the demand for cooking time, customers are spending more on prepared and cooked dishes. In addition, the recent rapid economic boom has significantly raised the living standards in middle-class neighborhoods. The demand for ready-to-eat meals is increasing as a result of rising disposable income. As consumers grow more health-conscious and look for healthier eating options, the demand is also being pushed by the development of low-fat and fat-free goods.
Due to its growing urbanization and rising per capita income of its consumers, India is the market leader for breadcrumbs in South Asia. India has made significant urban progress, according to the UN. By 2030, it is predicted that over 400 million Indians will reside in urban areas. Cod baked in bread crumbs, panko-crusted fish filets, parmesan-crusted fish filets, and crispy breaded fish are some examples of baked fish meals that use bread crumbs as a coating. These elements will provide new prospects for market participants in the coming years.
The China market dominated the Asia Pacific Bread Crumbs Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $173.9 million by 2030. The Japan market is poised to grow at a CAGR of 3% during (2023-2030). Additionally, India's market would showcase a CAGR of 4.2% during (2023-2030).
Based on Distribution Channel, the market is segmented into Food Service, and Retail (Hypermarkets/Supermarkets, Wholesale Stores, Online, and Others). Based on End-use, the market is segmented into Fresh Food Items, Frozen Food Items, Dessert, Pet Treats, and Others. Based on Seasoning, the market is segmented Unflavored, Italian, French, Cheese, Paprika, and Garlic. Based on Product, the market is segmented into Dry, Fresh, Panko, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kikkoman Corporation, 4C Foods Corporation, General Mills, Inc., Edward & Sons Trading Co., Inc., Gonnella Baking Co., George DeLallo Company, Inc., Gillian's Foods, and Aleia’s Gluten Free Foods, LLC.
Scope of the Study
By Distribution Channel (Volume, Kilo Tons, USD Million, 2019-2030)
- Food Service
- Retail
- Hypermarkets/Supermarkets
- Wholesale Stores
- Online
- Others
By End-use (Volume, Kilo Tons, USD Million, 2019-2030)
- Fresh Food Items
- Frozen Food Items
- Dessert
- Pet Treats
- Others
By Seasoning (Volume, Kilo Tons, USD Million, 2019-2030)
- Unflavored
- Italian
- French
- Cheese
- Paprika
- Garlic
By Product (Volume, Kilo Tons, USD Million, 2019-2030)
- Dry
- Fresh
- Panko
- Others
By Country (Volume, Kilo Tons, USD Million, 2019-2030)
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Kikkoman Corporation
- 4C Foods Corporation
- General Mills, Inc.
- Edward & Sons Trading Co., Inc.
- Gonnella Baking Co.
- George DeLallo Company, Inc.
- Gillian's Foods
- Aleia’s Gluten Free Foods, LLC
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Asia Pacific Bread Crumbs Market by Distribution Channel
Chapter 5. Asia Pacific Bread Crumbs Market by End-use
Chapter 6. Asia Pacific Bread Crumbs Market by Seasoning
Chapter 7. Asia Pacific Bread Crumbs Market by Product
Chapter 8. Asia Pacific Bread Crumbs Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Kikkoman Corporation
- 4C Foods Corporation
- General Mills, Inc.
- Edward & Sons Trading Co., Inc.
- Gonnella Baking Co.
- George DeLallo Company, Inc.
- Gillian's Foods
- Aleia’s Gluten Free Foods, LLC
Methodology
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