The global market for par-baked bread is expected to surpass USD 5.6 billion in 2022, with sales poised to grow at a 4.5% compound annual growth rate (CAGR) from 2022 to 2032.
The par-baked bread industry is increasingly favored for its manifold advantages. Stakeholders including bakers, confectioners, equipment suppliers, and ancillary businesses such as cold chain warehouses, logistics, and transportation providers, all benefit from its growth.
Consumers seek par-baked bread products that fulfill health requirements (special ingredients, free-from options, clear labeling, etc.), satisfy hunger, and taste delicious. Meanwhile, equipment suppliers are enhancing the market by developing cost-effective, user-friendly equipment that fosters innovation and benefits the par-baked bread industry.
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Consumer interest in retail channels like in-store bakeries (ISB), bake-off chains, and food service outlets is on the rise, driven by a growing preference for fresh-baked foods. In-store bakeries are expected to contribute significantly to the overall revenue generated from bakery product consumption worldwide.
Competitive Landscape
In order to enhance their competitive advantage in the market, manufacturers are adopting strategies such as mergers and acquisitions and expanding their manufacturing capacity. For example, Menissez invested USD 213 million in January 2021 to expand production capacity at its Feignies facility in 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.
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
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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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