The North America Packaged Bread Market is expected to witness market growth of 13.5% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 10,324.1 Kilo Tonnes, showcasing a growth of 3.3% (2020-2023).
White bread remains a staple in many households, known for its soft texture and versatility. Despite health trends shifting towards whole grain options, white bread continues to enjoy steady demand due to its affordability and widespread availability. Manufacturers are innovating by enhancing the nutritional profile of white bread, incorporating added vitamins and minerals, which appeals to health-conscious consumers seeking traditional options without compromising on nutrition. Thus, in Canada, 1,719.7 kilo tonnes of packaged white bread is expected to be utilized by the year 2031.
The US market dominated the North America Packaged Bread Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $201.79 billion by 2031. The Canada market is experiencing a CAGR of 14.7% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 14.6% during 2024-2031.
The market has significantly evolved over the years, driven by changing consumer preferences, health consciousness, and convenience. As one of the staple food products worldwide, packaged bread serves many applications in various sectors, including retail, food service, and even culinary innovation. Packaged bread is a versatile product with multiple applications across different sectors. Primarily, it serves as a fundamental food item consumed by millions daily. Packaged bread is predominantly sold in grocery stores, supermarkets, and convenience stores. It is often found in various forms, including loaves, rolls, bagels, and flatbreads, catering to diverse consumer tastes.
Packaged bread is a critical ingredient used in restaurants, cafes, and catering services in the food service industry. It is employed in various dishes, from sandwiches and burgers to breakfast items like toast and French toast. Packaged bread’s consistency and convenience make it a favored choice for chefs and food service operators. Beyond its traditional uses, packaged bread is increasingly utilized in culinary innovation. Chefs and home cooks experiment with bread to create unique dishes, such as bread puddings, croutons, and desserts. The versatility of packaged bread allows it to be a canvas for various flavors and ingredients.
The growing urbanization in Mexico contributes to expanding the packaged bread market. As more people move to urban areas, there is a rising demand for quick and convenient food solutions. Packaged bread is ideal for busy consumers looking for easy meal options. The combination of economic growth, a well-developed retail network, and changing consumer lifestyles positions Mexico as a burgeoning market for packaged bread, highlighting the potential for further growth and innovation within this sector. In conclusion, Mexico and Canada are witnessing robust growth in their packaged bread markets, fueled by vibrant retail sectors and increasing consumer demand for baked goods.
White bread remains a staple in many households, known for its soft texture and versatility. Despite health trends shifting towards whole grain options, white bread continues to enjoy steady demand due to its affordability and widespread availability. Manufacturers are innovating by enhancing the nutritional profile of white bread, incorporating added vitamins and minerals, which appeals to health-conscious consumers seeking traditional options without compromising on nutrition. Thus, in Canada, 1,719.7 kilo tonnes of packaged white bread is expected to be utilized by the year 2031.
The US market dominated the North America Packaged Bread Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $201.79 billion by 2031. The Canada market is experiencing a CAGR of 14.7% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 14.6% during 2024-2031.
The market has significantly evolved over the years, driven by changing consumer preferences, health consciousness, and convenience. As one of the staple food products worldwide, packaged bread serves many applications in various sectors, including retail, food service, and even culinary innovation. Packaged bread is a versatile product with multiple applications across different sectors. Primarily, it serves as a fundamental food item consumed by millions daily. Packaged bread is predominantly sold in grocery stores, supermarkets, and convenience stores. It is often found in various forms, including loaves, rolls, bagels, and flatbreads, catering to diverse consumer tastes.
Packaged bread is a critical ingredient used in restaurants, cafes, and catering services in the food service industry. It is employed in various dishes, from sandwiches and burgers to breakfast items like toast and French toast. Packaged bread’s consistency and convenience make it a favored choice for chefs and food service operators. Beyond its traditional uses, packaged bread is increasingly utilized in culinary innovation. Chefs and home cooks experiment with bread to create unique dishes, such as bread puddings, croutons, and desserts. The versatility of packaged bread allows it to be a canvas for various flavors and ingredients.
The growing urbanization in Mexico contributes to expanding the packaged bread market. As more people move to urban areas, there is a rising demand for quick and convenient food solutions. Packaged bread is ideal for busy consumers looking for easy meal options. The combination of economic growth, a well-developed retail network, and changing consumer lifestyles positions Mexico as a burgeoning market for packaged bread, highlighting the potential for further growth and innovation within this sector. In conclusion, Mexico and Canada are witnessing robust growth in their packaged bread markets, fueled by vibrant retail sectors and increasing consumer demand for baked goods.
List of Key Companies Profiled
- Grupo Bimbo
- McKee Foods Corporation
- General Mills, Inc.
- Flowers Foods Inc.
- Aryzta AG
- Associated British Foods PLC (Wittington Investments Limited)
- The Kraft Heinz Company
- Yamazaki Mazak Corporation
- PepsiCo, Inc.
- Rich Products Corporation (RE Rich Family Holding Corporation)
Market Report Segmentation
By Packaging (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Plastic Bags
- Biodegradable Packaging
- Paper Bags
- Reusable Containers
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- Specialty Stores
- Supermarket & Hypermarket
- Convenience Stores
- Online Retailers
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- White Bread
- Brown Bread
- Multigrain Bread
- Whole Wheat Bread
- Sourdough Bread
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. North America Packaged Bread Market by Packaging
Chapter 5. North America Packaged Bread Market by Distribution Channel
Chapter 6. North America Packaged Bread Market by Product
Chapter 7. North America Packaged Bread Market by Country
Chapter 8. Company Profiles
Companies Mentioned
Some of the leading companies profiled in this North America Packaged Bread Market report include:- Grupo Bimbo
- McKee Foods Corporation
- General Mills, Inc.
- Flowers Foods Inc.
- Aryzta AG
- Associated British Foods PLC (Wittington Investments Limited)
- The Kraft Heinz Company
- Yamazaki Mazak Corporation
- PepsiCo, Inc.
- Rich Products Corporation (RE Rich Family Holding Corporation)
Methodology
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