Bread Market- Industry Share, Size, Growth and Trend to 2027

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Bread Market to 2027 - Global Analysis and Forecast 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 Geography

Publication Month: Jan 2020 | Report Code: TIPRE00007759 | No. of Pages: 154 | Category: Food and Beverages | Status: Published

The bread market was valued at US$ 190,550.0 million in 2018 and is projected to reach US$ 260,930.3 million by 2027; it is expected to grow at a CAGR of 3.6% from 2019 to 2027.

Bread is among the household staples and there has been an increasing demand for greater variety of bread such as loaves, baguettes, rolls, burger buns, sandwich bread, and ciabatta. The increasing use of these products by B2B industries such as HORECA, QSRs, and cafes, along with the household, has driven the growth of the bread market. Furthermore, the demand for low-carb, high-fiber, multigrain, and fortified bread due to increase in health consciousness among the consumers have offered lucrative opportunities to bread manufacturers. The rapid urbanization, rising industrialization, and rise in disposable income also support the growth of bread market in developing countries. Bread is used in numerous traditional and fast-food dishes across the world. These dishes are consumed on a daily basis and have a consistent growth in demand due to rising global population.

Lucrative Regions for Bread Market

Lucrative Regions for Bread Market 

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Market Insights
Continuous increase in demand for different types of bread from end consumers

The factors such as busy and hectic 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. Rising disposable income and the inclination of consumers toward exploring new tastes and flavors are responsible for driving heavy traffic at restaurants, QSRs, and cafes. The trend of hanging out at these places is prevalent among youngsters, especially teenagers. This fact is responsible for the growth of fast-food, which indirectly drives the demand for bread.

Product Type-Based Insights

Based on product type, the bread market is further bifurcated into loaves, baguettes, rolls, burger buns, sandwich bread, ciabatta, and others. The loaves segment accounted for the largest share of the bread market in 2018. A loaf is a type of bread with elongated and rounded structure. It is common to bake bread in a rectangular-shaped bread pan, which is also called as a loaf pan, as some kinds of bread dough tend to collapse and spread out during the baking process. Many types of mass-produced bread are squared, with well-defined edges on the bottom of the loaf. Rectangular-shaped loaves can be made more or less identical and can be shipped and packed efficiently.

Nature Insights

Based on nature, the bread market is further bifurcated into conventional and organic. The conventional segment accounted for a larger share of the bread market in 2018. Various preservatives, such as genetically modified organisms (GMOs), are used in conventional bread. The GMOs are non-natural organisms that can affect the ecosystem. Other preservatives used are hydrogenated acid and artificial colors. These preservatives are generally added as shelf-life extenders for the bread.

Distribution Channel-Based Insights

Based on distribution channel, the bread market is further segmented into hypermarkets and supermarkets, convenience and retail stores, online, and others. The convenience stores & retail stores segment accounted for the largest share of the market in 2018. The main difference between a convenience store and a hypermarket or a supermarket is that the convenience stores are open till late at night. This adds an added bonus to the sales of a product, in this case, bread. The longer working hours availability of the convenience stores is beneficial for the consumers who work late and are picking up things in a hurry.

Bread Market, by Distribution Channel – 2018 and 2027

Bread Market, by Distribution Channel – 2018 and 2027

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Strategic Insights

Report Coverage - Bread Market
Report CoverageDetails
Market Size Value inUS$ 190,550.0 Million in 2018
Market Size Value byUS$ 260,930.3 Million by 2027
Growth rateCAGR of 3.6% from 2019-2027
Forecast Period2019-2027
Base Year2019
No. of Pages154
No. of Tables77
No. of Charts & Figures81
Historical data availableYes
Segments coveredProduct Type ; Nature ; Distribution Channel , and Geography
Regional scopeNorth America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country scopeUS, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina
Report coverageRevenue forecast, company ranking, competitive landscape, growth factors, and trends
Free Sample Copy Available

A few players operating in the bread market are Associated British Foods Plc; Almarai Company; Barilla G. E R. Fratelli S.P.A.; Aryzta Ag; Britannia Industries Ltd; Campbell Soup Company; Finsbury Food Group Plc; Fuji Baking Co., Ltd.; and Goodman Fielder Pty., Ltd. The key companies implement mergers and acquisitions, and research and development strategies to expand their customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

Report Spotlights

  • Progressive industry trends in the bread market to help players develop effective long-term strategies
  • Business growth strategies adopted by developed and developing markets
  • Quantitative analysis of the bread market from 2018 to 2027
  • Estimation of global demand for bread   
  • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the food and beverages industry
  • Recent developments to understand the competitive market scenario
  • Market trends and outlook as well as factors driving and restraining the growth of the bread market
  • Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
  • The size of the bread market size at various nodes
  • Detailed overview and segmentation of the market, as well as the bread industry dynamics
  • Size of the bread market in various regions with promising growth opportunities

Frequently Asked Questions

The bread market in Asia Pacific is expected to grow at the highest CAGR during the forecast period. The growth of the market in this region is mainly attributed to large production and consumer base in the region. Countries such as India and China are among the major consumers of bread in APAC. APAC is also among the largest producers of bread globally. Changing consumer lifestyles and rising disposable income in these developing countries is stimulating the growth of bakery products demand, which is expected to drive the growth of the bread market in this region. The region is expected to register a CAGR of 4.5% during the forecast period.
The major players operating in the global bread market are Associated British Foods Plc, Almarai Company, Barilla G. E R. Fratelli S.P.A, Aryzta Ag, Britannia Industries Ltd, Campbell Soup Company, Finsbury Food Group Plc, Fuji Baking Co., Ltd., Goodman Fielder Pty., Ltd, Premier Foods Group Limited and many others.
Based on distribution channel, the bread market is segmented into hypermarkets and supermarkets, convenience stores & retail stores, online, and others. The convenience stores & retail stores segment accounted for the largest market share in 2018. Convenience stores are the stores that are located in a limited area and is small in size as compared to hypermarkets & supermarkets.
In 2018, the loaves segment led the bread market. A loaf is a type of bread with elongated and rounded structure. It is common to bake bread in a rectangular-shaped bread pan, which is also called as a loaf pan, as some kinds of bread dough tend to collapse and spread out during the baking process.
The global bread market growth is majorly influenced by the continuous increase in demand for different types of bread from end consumers and strong growth in the organized distribution or retail network.
The key companies implement mergers and acquisitions, and research and development strategies to expand customer base and gain significant share in the global market, which also allows them to maintain their brand name globally.

The List of Companies - Global Braed Market

  1. Associated British Foods plc
  2. Almarai
  3. Barilla G. e R. Fratelli S.p.A
  4. Aryzta AG
  5. Fuji Baking Group
  6. Britannia Industries
  7. CSC Brands, L.P.
  8. Finsbury Food Group Plc
  9. Goodman Fielder
  10. Premier Foods Group Limited
  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the global bread, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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