Asia Pacific Bread Market 2027 By Product Type, Nature, Distribution Channel

Asia Pacific Bread Market to 2027 - Regional 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)

  • Report Code : TIPRE00008091
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 117
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The Asia Pacific bread market is accounted to US$ 41,334.3 Mn in 2018 and is expected to grow at a CAGR of 4.5% during the forecast period 2019 – 2027, to account to US$ 61,318.6 Mn by 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, ciabatta among others. The increasing use of these products by B2B industries such as HORECA, QSRs, cafes and others along with the household has driven the growth of market. China is dominating the Asia Pacific bread market followed by Rest of Asia Pacific. Presence of large consumer base and growing income of middle class has supported the growth of bread market in China. However, the Furthermore, Chinese are increasingly concerned over health and nutrition, so products that promote low sugar, vitamin fortified, or high-fiber qualities are likely to see rising sales in the coming years. Equally, market researchers have seen a growing demand for imported ingredients in Chinese bakeries’ goods which provides a huge market opportunity for moringa product manufacturers.

Asia Pacific Bread Market

Asia Pacific Bread Market
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Market Insights

              

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

Bread is widely consumed as a staple among consumers in most countries in the Asia Pacific 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.


Product Type Insights

Based on product type, the Asia Pacific bread market is bifurcated as loaves, baguettes, rolls, burger buns, sandwich bread, ciabatta, and others. The loaves segment dominated the Asia Pacific 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. Dough with a denser viscosity can be hand-molded into the preferred loaf shape and baked on a flat oven tray. The form of the dough with a diluter viscosity can be preserved with a bread pan of which the sides are higher than the unbaked dough.


Nature Insights

Based on product form, the Asia Pacific bread market is bifurcated as conventional and organic. The conventional segment dominated the Asia Pacific bread market. There are various preservatives that are used in conventional bread, such as Genetically Modified Organisms (GMOs). 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. Approximately only 12% of whole food ingredients are found in conventional bread. The nutritional values of conventional bread sum up to a small amount of approximately 27% - 28%. These preservatives are also added to enhance the bread textures and dough conditioning.                                                                     

Distribution Channel Insights

The Asia Pacific Bread market is bifurcated based on distribution channel into hypermarkets and supermarkets, convenience stores & retail stores, online, and others. The convenience stores & retail stores segment accounted for the largest share in the Asia Pacific bread market. Convenience stores are the stores that are located in a limited area and is small in size as compared to hypermarkets & supermarkets. 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 for the sales of a product, in this case, bread. The extended availability at nights and the early openings of the convenience stores in the morning are very beneficial for the people who are in a hurry and are shopping in haste. The convenience stores have limited staff and are located at almost every locality. These factors have attracted the consumers to the convenience stores and have boosted the sales of the bread significantly.

Rest of APAC Bread Market by Type

Rest of APAC Bread Market by Type
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ASIA PACIFIC BREAD MARKET SEGMENTATION


Asia Pacific Bread Market – By Product Type

  • Loaves
  • Baguettes
  • Rolls
  • Burger Buns
  • Sandwich Bread
  • Ciabatta
  • Others


Asia Pacific Bread Market – By Nature

  • Conventional
  • Organic

Asia Pacific Bread Market – By Distribution Channel

  • Hypermarkets and Supermarkets
  • Convenience and Retail Stores
  • Online
  • Others


Asia Pacific Bread Market – By Country

  • Australia
  • China
  • India
  • Japan
  • Rest of APAC


Company Profiles

  • Associated British Foods plc
  • Cargill, Incorporated
  • Barilla G. e R. Fratelli S.p.A
  • Aryzta AG
  • Fuji Baking Group
  • Britannia Industries
  • CSC Brands, L.P.
  • Finsbury Food Group Plc
  • Goodman Fielder
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Type, Nature, Distribution Channel

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Australia, China, Japan, South Korea

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 Asia Pacific Bread Market – By Product Type

1.3.2 Asia Pacific Bread Market – By Nature

1.3.3 Asia Pacific Bread Market – By Distribution Channel

1.3.4 Asia Pacific Bread Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Bread Market Landscape

4.1 Market Overview

4.1.1 APAC PEST Analysis

5. Bread Market – Key Industry Dynamics

5.1 Key Market Drivers

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

5.1.2 Strong growth in organised and unorganised distribution or retail network

5.2 Key Market Restraints

5.2.1 Use of harmful additives & preservatives in bread

5.3 Key Market Opportunities

5.3.1 Consumer inclination towards specialty & functional bread

5.4 Future Trends

5.4.1 Rising demand for functional and clean label food products

6. Bread – Asia Pacific Market Analysis

6.1 Asia Pacific Bread Market Overview

6.2 Asia Pacific Bread Market Forecast and Analysis

7. Asia Pacific Bread Market Analysis – By Product Type

7.1 Overview

7.2 Asia Pacific Bread Market Breakdown, By Product Type, 2018 & 2027

7.3 Loaves

7.3.1 Overview

7.3.2 Asia Pacific Loaves Bread Market Revenue and Forecasts to 2027 (US$ MN)

7.4 Baguettes

7.4.1 Overview

7.4.2 Asia Pacific Baguettes Bread Market Revenue and Forecasts to 2027 (US$ MN)

7.5 Rolls

7.5.1 Overview

7.5.2 Asia Pacific Rolls Market Revenue and Forecasts to 2027 (US$ MN)

7.6 Burger Buns

7.6.1 Overview

7.6.2 Asia Pacific Burger Buns Market Revenue and Forecasts to 2027 (US$ MN)

7.7 Sandwich Bread

7.7.1 Overview

7.7.2 Asia Pacific Sandwich Bread Market Revenue and Forecasts to 2027 (US$ MN)

7.8 Ciabatta

7.8.1 Overview

7.8.2 Asia Pacific Ciabatta Market Revenue and Forecasts to 2027 (US$ MN)

7.9 Other

7.9.1 Overview

7.9.2 Asia Pacific Other Product Types Market Revenue and Forecasts to 2027 (US$ MN)

8. Asia Pacific Bread Market Analysis – By Nature

8.1 Overview

8.2 Asia Pacific Bread Market Breakdown, By Nature, 2018 & 2027

8.3 Conventional

8.3.1 Overview

8.3.2 Asia Pacific Conventional Bread Market Revenue and Forecasts to 2027 (US$ MN)

8.4 Organic

8.4.1 Overview

8.4.2 Asia Pacific Organic Bread Market Revenue and Forecasts to 2027 (US$ MN)

9. Bread Market Analysis – by Distribution Channel

9.1 Overview

9.2 Asia Pacific Bread Market Breakdown, by Distribution Channel, 2018 & 2027

9.3 Hypermarket & Supermarket

9.3.1 Overview

9.3.2 Asia Pacific Hypermarket & Supermarket Market Revenue Forecasts to 2027 (US$ Mn)

9.4 Convenience Stores & Retail Stores

9.4.1 Overview

9.4.2 Asia Pacific Convenience Stores & Retail Stores Market Revenue Forecasts to 2027 (US$ Mn)

9.5 Online Stores

9.5.1 Overview

9.5.2 Asia Pacific Online Stores Market Revenue Forecasts to 2027 (US$ Mn)

9.6 Others

9.6.1 Asia Pacific Others Market Revenue Forecasts to 2027 (US$ Mn)

10. Bread Market – Country Analysis

10.1 Overview

10.1.1 Asia Pacific Bread Market Breakdown, by Key Countries

10.1.1.1 Australia Bread Market Revenue and Forecast to 2027 (US$ MN)

10.1.1.1.1 Australia Bread Market Breakdown by Product Type

10.1.1.1.2 Australia Bread Market Breakdown by Nature

10.1.1.1.3 Australia Bread Market Breakdown by Distribution Channel

10.1.1.2 China Bread Market Revenue and Forecast to 2027 (US$ MN)

10.1.1.2.1 China Bread Market Breakdown by Product Type

10.1.1.2.2 China Bread Market Breakdown by Nature

10.1.1.2.3 China Bread Market Breakdown by Distribution Channel

10.1.1.3 India Bread Market Revenue and Forecast to 2027 (US$ MN)

10.1.1.3.1 India Bread Market Breakdown by Product Type

10.1.1.3.2 India Bread Market Breakdown by Nature

10.1.1.3.3 India Bread Market Breakdown by Distribution Channel

10.1.1.4 Japan Bread Market Revenue and Forecast to 2027 (US$ MN)

10.1.1.4.1 Japan Bread Market Breakdown by Product Type

10.1.1.4.2 Japan Bread Market Breakdown by Nature

10.1.1.4.3 Japan Bread Market Breakdown by Distribution Channel

10.1.1.5 Rest of Asia Pacific Bread Market Revenue and Forecast to 2027 (US$ MN)

10.1.1.5.1 Rest of Asia Pacific Bread Market Breakdown by Product Type

10.1.1.5.2 Rest of Asia Pacific Bread Market Breakdown by Nature

10.1.1.5.3 Rest of Asia Pacific Bread Market Breakdown by Distribution Channel

11. Industry Landscape

11.1 Product News

12. Company Profile

12.1 Associated British Foods plc

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services/Brands

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.2 Cargill, Incorporated

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.3 Barilla G. e R. Fratelli S.p.A

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Products and Services

12.3.4 Financial Overview

12.3.5 SWOT Analysis

12.4 Aryzta AG

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.5 Fuji Baking Group

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.6 Britannia Industries

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.7 CSC Brands, L.P.

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.8 Finsbury Food Group Plc

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.9 Goodman Fielder

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 Premier Foods Group Limited

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

13. Appendix

13.1 About the Insight Partners

13.2 Glossary

LIST OF TABLES

Table 1. Asia Pacific Bread Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2. Asia Pacific Bread Market Revenue and Forecasts to 2027 – By Product Type (US$ Mn)

Table 3. Australia Bread Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)

Table 4. Australia Bread Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)

Table 5. Australia Bread Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)

Table 6. China Bread Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)

Table 7. China Bread Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)

Table 8. China Bread Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)

Table 9. India Bread Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)

Table 10. India Bread Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)

Table 11. India Bread Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)

Table 12. Japan Bread Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)

Table 13. Japan Bread Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)

Table 14. Japan Bread Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)

Table 15. Rest of Asia Pacific Bread Market Revenue And Forecasts To 2027 – By Product Type (US$ Mn)

Table 16. Rest of Asia Pacific Bread Market Revenue And Forecasts To 2027 – By Nature (US$ Mn)

Table 17. Rest of Asia Pacific Bread Market Revenue And Forecasts To 2027 – By Distribution Channel (US$ Mn)

Table 18. Glossary of Terms, Bread Market

LIST OF FIGURES

Figure 1. Asia Pacific Bread Market Segmentations

Figure 2. Asia Pacific Bread Market Segmentation – By Country

Figure 3. Asia Pacific Bread Market Overview

Figure 4. Loaves Held Largest Share In The Asia Pacific Bread Market By Product Type

Figure 5. China Dominated The Asia Pacific Bread Market In 2018

Figure 6. Asia Pacific Bread Market, Industry Landscape

Figure 7. APAC – Pest Analysis

Figure 8. Bread Market Impact Analysis of Driver and Restraints

Figure 9. Asia Pacific Bread Market Forecast And Analysis, (US$ Mn)

Figure 10. Asia Pacific Bread Market Breakdown by Product Type, 2018 & 2027 (%)

Figure 11. Asia Pacific Loaves Bread Market Revenue Forecasts To 2027 (US$ Mn)

Figure 12. Asia Pacific Baguettes Bread Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 13. Asia Pacific Rolls Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 14. Asia Pacific Burger Buns Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 15. Asia Pacific Sandwich Bread Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 16. Asia Pacific Ciabatta Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 17. Asia Pacific Other Product Types Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 18. Asia Pacific Bread Market Breakdown by Nature, Value, 2018 & 2027 (%)

Figure 19. Asia Pacific Conventional Bread Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 20. Asia Pacific Organic Bread Market Revenue and Forecasts To 2027 (US$ Mn)

Figure 21. Asia Pacific Bread Market Breakdown By Distribution Channel, Value, 2018 & 2027 (%)

Figure 22. Asia Pacific hypermarket & supermarket sales Market Revenue Forecasts to 2027 (US$ Mn)

Figure 23. Asia Pacific Convenience Stores & Retail Stores Market Revenue Forecasts to 2027 (US$ Mn)

Figure 24. Asia Pacific Online stores Market Revenue Forecasts to 2027 (US$ Mn)

Figure 25. Asia Pacific Other stores Market Revenue Forecasts to 2027 (US$ Mn)

Figure 26. Asia Pacific Bread Market Breakdown by Key Countries, 2018 & 2027(%)

Figure 27. Australia Bread Market Forecasts To 2027 (US$ Mn)

Figure 28. China Bread Market Forecasts To 2027 (US$ Mn)

Figure 29. India Bread Market Forecasts To 2027 (US$ Mn)

Figure 30. Japan Bread Market Forecasts To 2027 (US$ Mn)

Figure 31. Rest Of Asia Pacific Bread Market Forecasts To 2027 (US$ Mn)

The List of Companies - APAC Bread Market

  1. Associated British Foods plc
  2. Cargill, Incorporated
  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

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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