Bread Market size is valued at USD 208.7 Billion and is forecasted to grow at a CAGR of 3.6% from 2023 to 2029, reaching nearly USD 276.4 Billion.
Bread Market Overview
MMR published a report on the Bread Market. The report is a combination of primary and secondary data, and it has been analyzed by domain experts from both a local and global perspective. The report provides a detailed analysis of the market size and share in each region and segment, making it an invaluable resource for investors.
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Bread Market Report Scope and Research Methodology
The report provides an in-depth analysis of the Bread market at the global, regional, and country levels. It provides a comprehensive analysis of the competitive landscape of the Bread industry, including the business strategies adopted by the key players. The report includes a list of the Bread key competitors, along with information on their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Bread industry. Detailed information on the Bread market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report.
The bottom-up approach was used to estimate the global and regional Bread market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Bread , with information on raw materials, customers, and distributors. It also includes Porter’s and PESTLE analysis, as well as market attractiveness, which helps to understand the Bread market at the macro and micro levels.
Bread Market Drives
The bread market is primarily driven by several factors that contribute to its sustained growth. Firstly, the increasing global population, coupled with urbanization, has resulted in higher demand for convenient and readily available food options like bread. Rising disposable incomes, particularly in developing economies, have also boosted the consumption of bread as an affordable staple food. For instance, the Bread Price Index, which tracks the cost of a loaf of bread in various countries, has shown steady growth in recent years, reflecting increased consumption.
Furthermore, changing dietary patterns and preferences have influenced the demand for different types of bread. Consumers are becoming more health-conscious, leading to a shift towards whole wheat bread and specialty varieties. This trend is supported by government initiatives promoting healthier eating habits. For example, in 2020, the Indian government launched the 'Eat Right India' campaign, which promotes the consumption of whole grain bread and encourages bakeries to use healthier ingredients.
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Bread Market Regional Insights
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Bread market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.
Bread Market Segmentation
by Product Type
Loaves
Baguettes
Rolls
Burger buns
Sandwich slices
Ciabatta
Frozen bread
Other
by Ingredient
White bread
Whole wheat bread
Multigrain bread
Artisanal bread
by Nutritional value
High-fiber bread
Low-carb bread
Gluten-free bread
Functional bread
Other nutritional values
by Distribution channel
Supermarkets and hypermarkets
Convenience stores
Online retail channel
Speciality stores
Bread Market Key Players
1. Grupo Bimbo
2. Associated British Foods plc
3. Yamazaki Baking Co., Ltd.
4. Finsbury Food Group plc
5. Flowers Foods, Inc.
6. George Weston Limited
7. Premier Foods plc
8. Britannia Industries Limited
9. Warburtons Ltd.
10. Aryzta AG
11. Weston Foods
12. Barilla Group
13. Hostess Brands, Inc.
14. Grupo Lala
15. Almarai Company
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Key Questions answered in the Bread Market Report are:
- What is the expected Bread market size by 2029?
- What will be the CAGR of the Bread market during the forecast period?
- Which segment held the largest share in the Bread market?
- How is the competitive scenario of the Bread market?
- Which are the key factors driving the Bread market growth?
- What are the factors restraining the Bread market growth?
- Which region holds the maximum share in the Bread market?
- Who are the key players in the Bread market?
Key Offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
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