The projected global par-baked bread market size is expected to exceed USD 5.6 billion in 2022, with sales increasing at a 4.5% CAGR between 2022 and 2032.
Key Companies Profiled: Vandemoortele N.V.; The Soufflet Group; Delifrance; Country Style Foods; Europe Des Pains; Rich Products Corporation; Lantmannen Unibake; Prima International; Greendale Group; Menissez; Others.
Key Countries Covered: The USA, Canada, Mexico, Germany, Spain, Norway, the UK, France, Italy, China, India, Indonesia, Japan, South Korea, Vietnam, Thailand, Brazil, Argentina, Chile, Ecuador, South Africa, Egypt, Iran, and Nigeria
Overview of the Par-Baked Bread Market:
Market Growth Rate: The demand for par-baked bread is projected to surge at a 4.5% CAGR over the forecast period, compared to a 4.1% CAGR observed from 2017 to 2021.
Industry Popularity: The par-baked bread business is gaining traction due to its numerous advantages. Bakers, confectioners, and equipment suppliers alike benefit from this growing industry. Other businesses involved in the process, such as cold chain warehouses, logistics, and transportation, also contribute to its success.
Consumer Expectations: Consumers expect par-baked bread products to fulfill health requirements, such as special ingredients, free-from options, and clear labeling. Additionally, products must satisfy hunger and offer a pleasing taste.
Equipment Innovation: Equipment suppliers play a crucial role by developing cost-effective and user-friendly equipment for the par-baked bread market. Their innovations contribute significantly to the industry’s growth and efficiency.
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Competitive Landscape
To gain a competitive edge in the market, manufacturers are pursuing strategies such as mergers and acquisitions and expanding manufacturing capacity. For instance, Menissez invested US$ 213 million in January 2021 to expand production capacity at its Feignies facility (France).
By 2024, the business plans to construct a new 215,000-square-foot building to accommodate new manufacturing lines capable of producing 100,000 tons of bread. This will aid the organization in further strengthening its market position and generating income.
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
Frequently Asked Questions
How big is the par-baked bread market?
The par-baked bread market is projected to reach US$ 5.6 Bn in 2022.
At what rate is the demand for par-baked bread projected to increase?
The par-baked bread market is growing at a CAGR of 4.5% and is expected to reach a market value of US$ 8.8 Bn by 2032.
What is the North America par-baked bread market Outlook?
The North America par-baked bread market is expected to register a 4.2% CAGR between 2022 and 2032.
At what rate will par-baked bread demand grow in Europe?
The demand for par-baked bread is expected to grow at 4.1% CAGR between 2022 and 2032.
What are the key trends shaping the par-baked bread market?
The market for par-baked bread is expanding due to the rising demand for bakery items created with nutritious ingredients to support a healthy lifestyle. Because of its inexpensive cost and simple baking processes, it is gaining popularity among customers.
At what rate will par-baked bread demand grow in MEA?
MEA par-baked bread market will grow at 3.9% CAGR between 2022 and 2032.
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