As consumers embrace homemade recipes and convenience, the bread crumbs market feels an increase. Adaptable, Bread crumbs enhance the taste and texture of many dishes, such as appetisers and main courses. The way they are incorporated into various cuisines inspires creativity. Bread crumbs are going to remain popular in the culinary industry because they add flavour and texture that other ingredients just cannot match.
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
Market Dynamics and Regional Insights:
- Fast Food Boom: The global surge in fast food trends and the proliferation of cafes, quick-service restaurants, and food outlets are propelling the expansion of the bread crumbs market. Developing economies like China and India are surpassing industrialized nations in processed food consumption.
- Regional Dominance: China holds a dominant position in the East Asia bread crumbs industry, capturing over 46.8% of the market share. Other regions contributing significantly include the United States, Germany, Japan, Australia, China, India, and the United Kingdom.
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Competitive Landscape: Bread Crumbs Market
Key market players are prioritizing research and development to introduce innovative products. Additionally, mergers, acquisitions, and joint ventures are strategic moves to expand geographical presence and production capacities.
Notable Key Players:
- Danone
- Dean Foods
- Nestle
- Arla Foods
Product Type and Distribution Channel Analysis:
- Seasoned Breadcrumbs Lead: Seasoned breadcrumbs are anticipated to hold around 36.7% of revenue in 2022, with a projected CAGR of 7.0% over the forecast period.
- Retail Dominance: The retail segment is expected to dominate distribution channels, holding more than 28.6% of the share in 2022.
Flavors and End-Use Applications:
- Flavored Segment Dominates: Flavored breadcrumbs are poised to dominate the global market, capturing over 64.1% of the share in 2022.
- Savory Applications Lead: The savory segment is estimated to dominate end-use applications, holding more than 64.3% of the share in 2022.
Restaurants and cafes that serve a variety of cuisines now provide a variety of appetisers and starters, such as nuggets, fish balls, fritters, cheese balls, and cheese sticks. Most often, bread crumbs are used to prepare these foods in order to give them a tasty, enticing appearance, texture, and flavour. It has been observed that guests at various hotels and restaurants consume these snacks more frequently. The global market for bread crumbs is anticipated to witness a significant expansion over the next ten years as a result of bread crumbs being utilised in more meals and dishes.
Due to global trends in fast food and an increase in the number of cafés, quick-service restaurants, and other food outlets, the market for bread crumbs or bread premixes is predicted to expand further. Due to the rapid expansion of their processed food sectors, developing economies like China and India have recently outperformed industrialised economies in terms of processed food consumption.
Bread crumbs made from whole grain bread are packed with fibre and minerals. Additionally, it aids in lowering the chance of developing heart disease, stroke, and obesity-related conditions. The demand for whole-grain bread crumbs is expected to increase over the next ten years as a result of the aforementioned considerations.
Key Takeaways:
- Stellar Growth Projected: The global bread crumbs market is poised to reach a valuation of $987.6 Million in 2023, surging to an estimated $1961 Million by 2033, with an impressive CAGR of 7.1% from 2023 to 2033. The market’s upward trajectory is fueled by the growing inclination towards homemade recipes and the unparalleled versatility of bread crumbs in enhancing the taste and texture of various dishes.
- Culinary Creativity Unleashed: Recognized for their ability to add crunch and flavor to dishes, bread crumbs are becoming a culinary staple in both appetizers and main courses. Their integration into diverse cuisines is inspiring culinary creativity and contributing to their sustained popularity in the culinary industry.
- Restaurant Influence: Restaurants and cafes worldwide are contributing significantly to the bread crumbs market by incorporating them into a range of appetizers and starters, such as nuggets, fish balls, fritters, cheese balls, and cheese sticks. The appealing appearance, texture, and flavor provided by bread crumbs contribute to their frequent consumption by guests in various hotels and restaurants.
- Global Fast Food Trends: With global trends favoring fast food and a rise in the number of cafes, quick-service restaurants, and other food outlets, the market for bread crumbs or bread premixes is expected to witness further expansion. Developing economies like China and India are outpacing industrialized nations in processed food consumption.
- Whole-Grain Health Boom: Bread crumbs made from whole grain bread, packed with fiber and minerals, are gaining traction. Their potential to reduce the risk of heart disease, stroke, and obesity-related conditions is driving the demand for whole-grain bread crumbs, expected to surge over the next decade.
“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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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 2022-203
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.
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