As consumers embrace homemade recipes and convenience, the bread crumbs market experiences a surge. Versatile, Bread crumbs add crunch and flavour to a variety of foods, including appetisers and main courses. Their incorporation into different cuisines encourages creativity. Bread crumbs are essential for flavour and texture, and their popularity in the food business is only going to continue.
As per FMI, the global bread crumbs market size is set to be valued at US$ 987.6 Million in 2023 and is anticipated to reach a valuation of US$ 1961 Million by the end of 2033. The market is expected to grow at a CAGR of 7.1% from 2023 to 2033
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Multi-cuisine restaurants and cafés now provide a selection of appetisers and starters, including cheese balls, fish balls, fritters, nuggets, and cheese sticks. These foods are typically prepared with bread crumbs to give them a flavorful, appetising texture and appearance. It has been noted that patrons of a number of hotels and eateries tend to eat these snacks more regularly. Because bread crumbs are being used in more meals and cuisines, it is projected that the global market for bread crumbs will grow significantly during the next ten years.
The global trend towards fast food coupled with a rise in cafés, quick-service restaurants, and other food outlets is expected to propel the market for bread premixes and crumbs to greater heights. Developing economies such as China and India have recently outperformed industrialised economies in terms of processed food consumption, largely due to the fast growth of their processed food businesses.
Minerals and fibre abound in bread crumbs manufactured from whole grain bread. It also helps to reduce the risk of heart disease, stroke, and illnesses associated with obesity. Because of the previously mentioned factors, it is anticipated that during the next ten years, there will be a greater demand for whole-grain bread crumbs.
Key Takeaways from Bread Crumbs Market Study
- Based on product type, the seasoned breadcrumbs segment is set to hold around 36.7% of revenue in 2022 and is likely to grow at a CAGR of 7.0% over the forecast period.
- By flavor, the flavored segment is expected to dominate the global bread crumbs industry and hold more than 64.1% of share in 2022.
- In terms of end-use application, the savory segment is estimated to dominate the global bread crumbs industry by holding more than 64.3% of share in 2022.
- By distribution channel, the retail segment is expected to dominate the global bread crumbs industry by holding more than 28.6% of share in 2022.
- China is dominating the East Asia bread crumbs industry by holding a significant share of more than 46.8%.
“Increased use of bread crumbs for making fish-based products and escalating demand from the food coatings industry are expected to boost the global bread crumbs market,” says a Future Market Insights analyst.
Competitive Landscape: Bread Crumbs Market
Key manufacturers in the global bread crumbs market are mainly focusing on research & development activities in order to come up with innovative and unique product offerings. In addition to this, key players in the bread crumbs industry are concentrating on mergers, acquisitions, and joint ventures to expand their geographical presence and broaden their existing production capacities.
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Global Bread Crumbs Market Outlook by Category
By Product Type:
- Plain Bread crumbs
- Panko Bread crumbs
- Italian Bread crumbs
- Seasoned Bread crumbs
- French Bread crumbs
By Flavor:
- Regular/Unflavored
- Flavored
- Lemon
- Garlic
- Herbs
- Parmesan Cheese
- Romano Cheese
By End Use Application:
- Savory
- Soups
- Prepared Food & Ready Meals
- Meat Poultry & Seafood
- Patties
- Pasta Toppings
- Dumplings
- Breaded Vegetables
- Casseroles
- Stuffed Meat and Vegetables
- Dessert
- Pet Treats
By Distribution Channel:
- Food Service
- HoReCa
- Quick Service Restaurants
- Travel Retail (Airplanes, Cruise Ships, Others)
- Retail
- Hypermarket/Supermarket
- Convenience Stores
- Departmental Stores
- Wholesale Stores
- Mass Grocery Retailers
- Independent Retailers
- Specialty Stores
- Online Retailers
- Company Website
- Third Party Websites
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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For instance,
- Carrington Farms recently introduced a new product named Keto Bread Crumbs in June 2022. The latest non-GMO and plant-based bread crumbs provide consumers with the satisfying crunch of traditional bread crumbs, while appealing to keto, low glycemic dietary prescribers, and gluten-free food consumers. Carrington Farms’ new product is a one-of-a-kind combination of coconut flour and ground lupin bean.
Explore More Valuable Insights on the Bread Crumbs Market
Future Market Insights, in its new report, offers an impartial analysis of the global bread crumbs market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.
The study offers compelling insights based on product type (plain bread crumbs, panko bread crumbs, Italian bread crumbs, seasoned bread crumbs, French bread crumbs), by flavor (regular/unflavored, flavored), by end-use application (savory, dessert, pet treat), by distribution channel (food service, travel retail, retail, online retailers), across seven major regions of the world.
About Food & Beverage Division at Future Market Insights
The food and beverage team at Future Market Insights provides all the necessary insights and consulting analysis to fulfill the unique business intelligence needs of clients worldwide. With a catalog of more than 500 reports pertaining to the latest statistics and analysis from the food & beverage industry, the team is happy to help with every business intelligence research and consulting requirement.
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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