The bread crumbs market insights cover food and beverage industries worldwide. The market is expected to reach a valuation of nearly US$ 274.8 million by 2023, with a projected CAGR of 7.1% between 2023 and 2033, ultimately reaching a valuation of US$ 524.8 million by 2033.
Easy breakfast solutions and the growing preference for ready-to-eat food among consumers are driving the demand for bread crumbs. The increase in food retail stores, as well as the rising popularity of processed and convenience foods, is likely to boost sales in the forthcoming years.
Bread crumbs are widely used as a versatile coating ingredient for several dishes and are incorporated into different cuisines. The primary purpose of adding a layer of bread crumbs before shallow frying or air frying food dishes is to add crispiness and texture to the dish.
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The significant role of bread crumbs as a binding agent for a wide range of foods, including meat, vegetables, and desserts, adds to the list of factors fueling the growth of the bread crumbs market. They also find extensive application in the food industry due to the increased consumption of bread products, making the bread crumbs market more profitable.
The diverse culinary preferences of consumers lead to changes in their preferences over time. Bread crumbs cater to these preferences by offering a wide range of choices in flavors, such as seasoned bread crumbs, panko bread crumbs, gluten-free bread crumbs, and whole grain bread crumbs.
Gluten-free bread crumbs and whole wheat bread crumbs are gaining momentum predominantly because consumers traditionally associate fiber with good health. With increased awareness among consumers about health and nutrition, especially post-pandemic, the market has witnessed a tremendous shift towards healthier food choices. Therefore, gluten-free and whole-grain bread crumbs are likely to propel overall sales in the bread crumbs market.
Key Takeaways
- The bread crumbs industry in the United Kingdom is anticipated to rise, exhibiting a CAGR of 5.3% through 2033.
- The United States held a 24.1% share of the global bread crumbs industry in 2022.
- With a CAGR of 3.9% over the forecast period, India is predicted to develop in the bread crumbs industry.
- In 2022, Japan had a 3.9% share of the bread crumbs industry globally.
- The bread crumbs industry in China is expected to increase, registering a CAGR of 11.6% over the forecast period.
- Germany accounted for 7.6% of the bread crumbs market in 2022.
- Based on type, panko bread crumbs occupied the largest market share, capturing a share of 27.8%.
- On the basis of application, bread crumbs for the savory segment held a 64.0% share in the market.
- Flavored bread crumbs managed to lead the bread crumbs market by holding 64.0% shares in 2022.
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Competitive Landscape
Large-scale and small-scale producers, as well as international and regional players, operate in the bread crumbs market, making it highly competitive. Key players are focused on expanding their product offerings and including a diversified range of products based on consumer preferences. These companies are investing more in research and development, as well as conducting surveys to understand the consumer base better and eventually provide high-quality and cost-effective products.
The leading players in the bread crumbs market are
- Kikkoman
- Gonnella
- Delallo
- 4C Foods
- Vigo Foods
- Gillian’s Foods
- Edward & Sons
Recent Market Developments
In June 2022, Carrington Farms unveiled an innovative product named Keto Bread Crumbs. These novel bread crumbs are both non-GMO and plant-based, offering a delightful crunch reminiscent of traditional bread crumbs.
In May 2022, General Mills made public its plans to acquire TNT Crust, a renowned producer of premium frozen pizza crusts catering to regional and national pizza franchises, foodservice distributors, and retail channels.
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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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