Report : Bread Market to 2027 - Global Analysis and Forecast by Product Type (Loaves, Baguettes, Rolls, Burger Buns, Sandwich Bread, Ciabatta, Others); Nature (Conventional, Organic); Distribution Channel (Hypermarkets and Supermarkets, Convenience and Retail Stores, Online, Others), and Geography
The "Global Bread Market to 2027 - Analysis and Forecasts by Product Type (Loaves, Baguettes, Rolls, Burger Buns, Sandwich Bread, Ciabatta, Others); Nature (Conventional, Organic); Distribution Channel (Hypermarkets and Supermarkets, Convenience and Retail Stores, Online, Others)" The scope of study involves understanding on the factors responsible for this growth of Bread market along with the estimates and forecasts of the revenue and market share analysis and also spots the significant Bread players in the market and their key developments.
The global bread market is accounted to US$ 190,550.0 Mn in 2018 and is expected to grow at a CAGR of 3.6% during the forecast period 2019 - 2027, to account to US$ 260,930.3 Mn by 2027. Europe bears the largest share for breads. Bread is considered as the staple food in most of the European countries. Transforming lifestyles and food habits of consumers have had a noteworthy influence on the bread market in Europe. Although the bread consumption in Europe is stable and the market for bread is not likely to grow intensely, there is still continuous demand for greater variety of bread in many countries. Apart from convenience, European consumers prefer natural and whole meal breads with other ingredients such as oats, bran, and seeds.
The bread market is bifurcated based on product type as loaves, baguettes, rolls, burger buns, sandwich bread, ciabatta and others. In 2018, the loaves industry segment dominated the global bread market. The shaping of loaf bread into various shapes such as rectangular, squared or round makes it ideal for sandwiches, burgers and other types of bread that have been a notable factor for the rising demand of bread loaves all over the world and has helped to propel the bread market all over the globe. In addition, the increasing demand for fast food items such as sandwiches all over the globe has favored the expansion of the bread market and is estimated to be a driving factor for the bread market all over the globe.
The global bread market by geography is segmented into five regions, including North America, Europe, Asia Pacific, Middle East & Africa, and South America. The European region is expected to account for the largest share of the global bread market in 2018, followed by Asia Pacific. In addition the, Germany and rest of countries in the European region are expected to continue its dominance in terms of market share throughout the forecast period from 2019 to 2027. Some of the major players in the bread market include Associated British Foods Plc, Almarai Company, Barilla G. E R. Fratelli S.P.A, Aryzta Ag, Britannia Industries Ltd, Campbell Soup Company, Finsbury Food Group Plc, Fuji Baking Co., Ltd. And Goodman Fielder Pty., Ltd among others.
The report segments the global bread market as follows:
Global Bread Market - By Nature
Global Bread Market - By Product Type
Global Bread Market - By Distribution Channel
Global Bread Market - By Geography
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