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.
Customers are more likely to acquire par-baked bread goods because of the precise and unambiguous labelling as well as the targeted ingredients. This component is anticipated to completely change the par-baked bread market within the estimated time range. Suppliers of this equipment have a competitive edge because their products are affordable, comparable, and user-friendly.
The idea of a bake-off is gaining popularity. It’s been successfully integrated into the retail industry. According to reports, bake-off has been used in the restaurant industry throughout time to satisfy patron requests and cut down on food waste.
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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.
Key Takeaways:
- The global par-baked bread market, valued at $5.6 billion in 2022, is projected to soar to $8.8 billion by 2032, showcasing a robust CAGR of 4.5%.
- Precise and transparent labeling, coupled with targeted ingredients, is transforming the par-baked bread market, attracting consumers with a focus on quality.
- Competitive advantage lies with suppliers offering affordable, comparable, and user-friendly par-baked bread equipment, driving innovation in the industry.
- The concept of bake-off gains traction, catering to retail and restaurant sectors, meeting consumer demands for freshness while reducing food waste.
- Rolls lead in market share, favored for their versatility, portability, and varied flavors, dominating the application segment.
- Convenience stores emerge as the dominant end-user, reflecting the trend of faster availability and accessibility at any time of the day.
Key Points:
- The par-baked bread market is on an upward trajectory, forecasted to reach $8.8 billion by 2032, spurred by the rising demand for transparent labeling and quality ingredients.
- Bake-off concepts, successfully integrated into retail and restaurants, align with consumer preferences for freshness, driving further market growth.
- Rolls, known for their convenience and diverse flavors, hold the largest market share, appealing to on-the-go consumers.
- Convenience stores lead in end-user preference, driven by the increasing appeal of quick and readily available par-baked bread products.
- The market’s competitive landscape includes major players like Menissez, Vandemoortele N.V., The Soufflet Group, Delifrance, and others.
- Europe, led by France and Germany, and North America, especially the US, dominate the global par-baked bread market, with consumers increasingly opting for healthy bakery products.
Competitive Bread
- Menissez, in January 2021, did invest US$ 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
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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