Continuous increase in demand for different types of bread from end consumers to escalate the Europe bread market at a CAGR of 3.2%
Latest market study on "Europe Bread Market to 2027 - Analysis and Forecasts by Product Type (Loaves, Baguettes, Rolls, Burger Buns, Sandwich Bread, Ciabatta, Others); Nature (Conventional, Organic); Distribution Channel (Hypermarkets and Supermarkets, Convenience and Retail Stores, Online, Others), and Countries". The Europe bread market is accounted to US$ 91,115.1 Mn in 2018 and is expected to grow at a CAGR of 3.2% during the forecast period 2019 - 2027, to account to US$ 120,549.8 Mn by 2027. The report include key understanding on the driving factors of this growth and also highlights the prominent players in the market and their developments.
Bread is widely consumed as a staple among consumers in most countries in the Europe region. Loaves, baguettes, rolls, burger buns, sandwich bread, ciabatta, are among the significant types of bread that are consumed on a large scale. These bread are used in a variety of dishes, for instance, ciabatta and sandwich breads are used to make sandwiches and paninis, buns are used to make burgers, loaves and baguettes can be served with dips and also used to make garlic bread. Tortilla, naan, pita is the types of flatbreads used in various cuisines and dishes. Plain bread is prepared by baking a dough of flour with water. However, changing the taste preferences of consumers has encouraged the bakers to introduce innovative food products such as multigrain bread, bread with fruits, nuts, certain spices, or cocoa as ingredients for the household consumer. Besides, the factors such as busy & hectic life schedules resulting in less or no time for cooking meals at home have raised the demand for convenient and packaged food that supports the sales of bread and related bakery products.
The market for Europe bread is concentrated with some very well-established players. Some of the key players in the Europe bread market include Associated British Foods plc, Cargill, Incorporated, Barilla G. e R. Fratelli S.p.A, Aryzta AG, Rich Products Corporation, Britannia Industries, CSC Brands, L.P., Finsbury Food Group Plc, Goodman Fielder, and Premier Foods Group Limited amongst the others.
The report segments the Europe Bread market as follows:
Europe Bread Market - By Product Type
Europe Bread Market - By Nature
Europe Bread Market - By Distribution Channel
Europe Bread Market - By Country
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