The global par-baked bread market was worth US$ 5.6 Billion in the year 2022 and is expected to reach US$ 8.8 Billion by the year 2032 at a CAGR of 4.5% between 2022 and 2032.
Because of the clear, accurate labelling and targeted ingredients, consumers are more likely to purchase par-baked bread goods. During the predicted time frame, this component is expected to completely transform the par-baked bread market. Equipment that is inexpensive, comparable, and easy to use gives suppliers of this equipment a competitive advantage.
A bake-off is becoming an increasingly popular idea. It has been effectively incorporated into the retail sector. Over time, bake-off has reportedly been employed in the restaurant business to reduce food waste and fulfil customer requests.
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Rolls hold the largest market share in terms of application. It’s a fact that rolls could be made into sandwiches or even eaten straightaway from package; with various flavors to go for. As these rolls have a compact size and shape, they could be easily accommodated while travelling. Coming to end-users, convenience store section dominates the market. This could be reasoned with growing appeal toward convenience store owing to faster availability, that too, at any point of the day.
At the same time, the fact that par-baked bread making is a tedious process can’t be ignored. This factor could restrain the par-baked bread market going forward.
In its most recent market study, “Par-baked Bread Market,” Future Market Insights outlined the aspects with promising futures. It features a staff of analysts and consultants who can conduct primary, secondary, and tertiary kinds of research using a 360-degree strategy.
According to a Future Market Insights expert, the worldwide par-baked bread market is anticipated to rise spectacularly throughout the projected period as customers become more interested in food service outlets.
Key Takeaways from Par-Baked Bread Market
- North America holds the largest market share with the US being subject to growing demand for bakery goods. Of late, bakers have adopted various online channels for doorstep delivery and retail.
- Europe is led by France and Germany. This could be attributed to consumers preferring healthy bakery products.
Competitive Bread
- Menissez, in January 2021, did invest US$ 213 Million for expanding manufacturing capacity at France-based Feignies facility. The company plans constructing 215K square foot building by 2024 for accommodating novel manufacturing lines that are capable to produce 100K tons of bread.
- The other players in par-baked bread market include Vandemoortele N.V., The Soufflet Group, Delifrance, Country Style Foods, Europe Des Pains, Rich Products Corporation, Lantmannen Unibake, Prima International, Greendale Group, and likewise.
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What does the Report bake?
- The research study is based on type (rolls, Baguette, loaf, Ciabatta, Polka bread, and likewise), and by end-user (artisans bakers, supermarkets & hypermarkets, convenience stores, and bakery chains).
- Cost-effectiveness is the major factor driving the par-baked bread market and the scenario is expected to remain unchanged even going forward.
Par-Baked Bread Market by Category
By Type:
- Rolls
- Baguette
- Loaf
- Ciabatta
- Polka Bread
- Others
By End-User:
- Artisans Bakers
- Hypermarkets & Supermarkets
- Convenience Stores
- Bakery Chains
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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