Report Code: CMI23059

Published Date: April 2023

Pages: 220+

Category: Food & Beverages

Report Snapshot

CAGR: 3.66%
218.28B
2023
227.41B
2023
291.29B
2030

Source: CMI

Study Period: 2024-2033
Fastest Growing Market: Asia-Pacific
Largest Market: Europe

Major Players

  • Maple Leaf Foods
  • George Weston
  • Hostess Brands
  • Fuji Baking Group
  • Angel Bakeries
  • Others

 

Exclusive, in-depth market intelligence can help you increase your Revenue.

Download Sample Pdf

Reports Description

As per the current market research conducted by Custom Market Insight Team, the global bread market size is expected to record a CAGR of 3.66% from 2023 to 2030. In 2023, the market size is projected to reach a valuation of US$ 227.41 Billion. By 2030, the valuation is anticipated to reach US$ 291.29 Billion.

According to the CMI Team, Baked Goods like Bread and Biscuits Remain popular as Household Staples, with their Sales Driven by the fact that they are Essential Dietary Items for Time-Poor Consumers.

The bread market refers to the buying and selling of various types of bread products. It includes a range of baked goods made from flour, yeast, water, and other ingredients such as sugar, salt, and fat. Bread is a staple food in many cultures and is consumed on a daily basis by millions of people worldwide.

The bread market is diverse and includes a variety of bread products, such as white bread, whole wheat bread, sourdough bread, bagels, croissants, and more. The market is influenced by factors such as consumer preferences, regional and cultural differences, health trends, and innovation in the bakery industry.

Let’s Explore More Growth Factors with Custom Market Insight Market Research Team

  • The bread market has seen steady growth over the years, with global demand for bread products increasing. One of the main factors driving growth in the bread market is the rising population, as more people are consuming bread products as part of their daily diet.
  • Another significant aspect of the bread market is the increasing demand for healthier and more nutritious bread options. Consumers are increasingly looking for bread products made from whole grains, which provide more fibre, vitamins, and minerals than refined flour bread. Gluten-free and organic bread products are also gaining popularity.
  • In addition, innovation in the bakery industry is driving growth in the bread market, with new types of bread being introduced to cater to changing consumer preferences. For example, artisanal bread, sourdough bread, and other speciality bread are becoming more popular.
  • Finally, e-commerce and online retail are also contributing to the growth of the bread market, making it easier for consumers to access a wider variety of bread products and purchase them from the comfort of their homes.
Attributes Values
The Bread Market Valuation (2023) US$ 227.41 Billion
The Bread Market Valuation (2030) US$ 291.29 Billion
The Bread Market Valuation (CAGR) 3.66%

The Bread Market has Several Significant Prospects that are Likely to Shape its Future Growth:

Health and Wellness Trends:

With consumers becoming more health-conscious, the bread market is likely to see a continued shift towards healthier and more nutritious bread options. This includes bread made from whole grains, ancient grains, and alternative flours such as almond flour, as well as gluten-free and low-carb options.

Innovation and New Product Development:

The bakery industry is constantly innovating and introducing new products to meet changing consumer preferences. Speciality bread, such as artisanal bread, sourdough bread, and bread with added functional ingredients, are becoming more popular, and new flavours and varieties are being introduced.

Convenience and Accessibility:

Busy lifestyles are driving demand for convenient and easy-to-eat bread products, such as wraps, sandwiches, and rolls. E-commerce and online retail are also making it easier for consumers to purchase bread products and have them delivered to their homes.

Sustainability:

Consumers are becoming more environmentally conscious, and the bread market is likely to see a shift towards more sustainable and eco-friendly practices. This includes the use of locally-sourced ingredients, reduced packaging waste, and energy-efficient production methods.

Overall, the bread market is expected to continue growing in the coming years, with new trends and innovations shaping the industry and meeting the evolving needs and preferences of consumers.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

Plant-based Milk Market Food and Beverage Stevia Market A2 Milk Market
CAGR – 12.2% (Approx) CAGR 8%

(Approx)

9%

(Approx)

USD 30 billion by 2030 USD 400 Billion by 2030 4.80 billion by 2030.

Mergers and Acquisitions

The bread market has seen a number of mergers and acquisitions over the years, with companies seeking to expand their market share and diversify their product offerings.

Some notable mergers and acquisitions in the bread market include:

  • Grupo Bimbo’s acquisition of Sara Lee: In 2010, Mexican bakery company Grupo Bimbo acquired Sara Lee’s North American Fresh Bakery business, which included popular bread brands such as Sara Lee, EarthGrains, and Mrs. Baird’s. The acquisition made Grupo Bimbo one of the largest bread manufacturers in the world.
  • Flowers Foods’ acquisition of Hostess Brands: In 2013, Flowers Foods acquired several bread brands from the bankrupt Hostess Brands, including Wonder Bread and Nature’s Pride. The acquisition helped Flowers Foods expand its market share and reach new consumers.
  • Aryzta’s acquisition of Otis Spunkmeyer: In 2013, Swiss bakery company Aryzta acquired Otis Spunkmeyer, a manufacturer of cookies, muffins, and other baked goods. The acquisition helped Aryzta expand its product offerings and increase its presence in the US market.
  • Grupo Bimbo’s acquisition of Panrico: In 2016, Grupo Bimbo acquired Spanish bakery company Panrico, which included popular bread brands such as Donuts and Bollycao. The acquisition helped Grupo Bimbo expand its presence in Europe and strengthen its position as one of the largest bread manufacturers in the world.

Global Bread Market 2023–2030 (By Product Type)

www.custommarketinsight.com

These mergers and acquisitions have helped companies expand their market share, diversify their product offerings, and enter new markets. They have also resulted in consolidation within the bread market, with a few large companies dominating the industry.

Significant Threats the Bread Market May Face in the Coming Future:

The bread market faces several major threats that could impact its growth and profitability:

Health Concerns

While bread is a staple food in many cultures, it has also come under scrutiny in recent years due to concerns about its impact on health. Some consumers avoid bread products altogether due to gluten intolerance or concerns about high carbohydrate intake. The rise of low-carb and gluten-free diets could impact the demand for bread products.

Competition from Other Foods

Bread competes with other foods in the carbohydrate and baked goods categories, such as pasta, rice, pastries, and cakes. The increasing popularity of other carbohydrate sources could reduce the demand for bread products.

Price Competition

The bread market is highly competitive, with many companies competing on price to attract consumers. This can result in lower profit margins and reduced investment in research and development.

Sustainability Concerns

As consumers become more environmentally conscious, there is a growing concern about the impact of bread production on the environment. This includes concerns about the use of pesticides and fertilizers, as well as the carbon footprint of transportation and production.

Economic Factors

Economic downturns, inflation, and changes in consumer spending habits can impact the demand for bread products. Consumers may switch to cheaper alternatives or reduce their overall consumption of bread products during times of economic uncertainty.

Overall, the bread market faces a range of challenges that could impact its growth and profitability. Companies in the industry will need to innovate, adapt to changing consumer preferences, and address sustainability concerns in order to remain competitive and succeed in the long term.

Top Impacting Factors: Market Scenario Analysis, Market Trends, Market Drivers and Impact Analysis

Summary of the Bread Market:

The bread market is influenced by several factors that impact its scenario, including trends, drivers, and impact analysis. These factors shape the industry and affect its growth and profitability.

Market Scenario Analysis:

The bread market has seen a steady growth rate in recent years, with a rise in demand for healthier and more nutritious bread options. The market is highly competitive, with a few large companies dominating the industry. However, the rise of speciality bread and the increasing popularity of e-commerce and online retail are opening up new opportunities for companies in the market.

Trends:

One of the major trends in the bread market is the shift towards healthier and more nutritious bread options. This includes bread made from whole grains, ancient grains, and alternative flours such as almond flour, as well as gluten-free and low-carb options. Other trends include innovation and new product development, convenience and accessibility, and sustainability.

Drivers:

Several drivers are shaping the bread market, including changing consumer preferences, increasing health awareness, and technological advancements. The busy lifestyle of consumers is driving demand for convenient and easy-to-eat bread products while raising awareness about health and wellness is leading to a shift towards healthier and more nutritious bread options. The growing popularity of e-commerce and online retail is also driving the market.

Impact Analysis:

The bread market faces several challenges that could impact its growth and profitability. These include health concerns, competition from other foods, price competition, sustainability concerns, and economic factors. Companies in the industry will need to innovate and adapt to changing consumer preferences, address sustainability concerns, and invest in research and development to remain competitive and succeed in the long term.

Global Bread Market 2023–2030 (By Category)

www.custommarketinsight.com

In conclusion, the bread market is a dynamic and evolving industry that is influenced by several trends, drivers, and challenges. Companies in the industry will need to stay ahead of these factors to succeed in the long term and meet the evolving needs and preferences of consumers.

Category-wise Insights:

The cake and bakery segment are currently the fastest-growing segment in the bread market, due in large part to the highly customized and rich nature of cake products. Cakes and pastries are in high demand for events such as parties and birthday celebrations, which has contributed significantly to the segment’s growth. The cake is a common celebratory item and a popular dessert, making it a staple of many special occasions. This trend is expected to continue, driving the market growth for the bread market during the forecast period.

While cakes and pastries may be more expensive than normal bread products produced by industries or in-store bakeries, the wide range of choices, customization options, and variety of flavours are appealing to customers and drive revenue for the segment and the industry as a whole.

Key market players are offering customized cakes and pastries, which is contributing to the growth of the bread market during the forecast period. Despite the higher cost, customers are willing to pay for the unique and specialized products that the cake and pastry segment offers, leading to increased revenue and profitability for businesses in the industry.

Report Scope

Feature of the Report Details
Market Size in 2023 USD 227.41 Billion
Projected Market Size in 2030 USD 291.29 Billion
Market Size in 2022 USD 218.28 Billion
CAGR Growth Rate 3.66% CAGR (2022-2030)
Base Year 2023
Forecast Period 2024-2033
Key Segment By Product Type, Category, Distributional channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfil your requirements for research.

 Regional-wise Insights

Regional analysis plays a crucial role in understanding the dynamics of the bread market. The bread market is analyzed on the basis of regions such as North America, Europe, Asia-Pacific, and the Rest of the World.

North America Bread Market

North America is one of the largest markets for bread, with the United States being the leading market in the region. The demand for bread in North America is driven by factors such as busy lifestyles, increasing health awareness, and a preference for convenient and easy-to-eat food options. The market is also influenced by the increasing popularity of gluten-free and low-carb bread options.

Europe Bread Market

Europe is another major market for bread, with countries such as Germany, France, and Italy being the leading markets in the region. The demand for bread in Europe is driven by factors such as tradition, taste, and convenience. The market is also influenced by the increasing popularity of artisanal and speciality bread.

Asia-Pacific Bread Market

The Asia-Pacific region is a rapidly growing market for bread, with countries such as China, India, and Japan being the leading markets in the region. The demand for bread in Asia-Pacific is driven by factors such as urbanization, changing lifestyles, and increasing health awareness. The market is also influenced by the increasing popularity of Western-style bread, as well as traditional bread such as naan and roti.

Rest of the World Bread Market

The rest of the world includes regions such as South America, Africa, and the Middle East. The demand for bread in these regions is driven by factors such as tradition, taste, and convenience. The market is also influenced by the increasing popularity of speciality and artisanal bread.

In conclusion, the bread market is influenced by regional factors such as tradition, taste, convenience, and health awareness. Businesses in the industry need to understand the regional dynamics and adapt to the changing preferences and demands of consumers in different regions to succeed in the long term.

Competitive Landscape

Leading packaged bread manufacturers are pursuing both organic and inorganic growth strategies, as they strive to make significant strides in the retail markets. Brands are concentrating on organic growth strategies, such as obtaining product approvals through patents and introducing new products, in order to pave the way for business expansion. By seeking out vital developments in the retail markets, key players are positioning themselves for long-term success in the highly competitive bread market.

Prominent Players:

  • Maple Leaf Foods
  • George Weston
  • Hostess Brands
  • Fuji Baking Group
  • Angel Bakeries
  • Bakkersland
  • Hindustan Unilever Limited (HUL)
  • Canada Bread
  • Brace’s Bakery
  • Finsbury Food Group
  • Grupo Bimbo
  • Associated British Foods
  • Lieke
  • Panera Bread
  • Britannia
  • Yamazaki Baking
  • Bakers Delight
  • Flowers Foods
  • Others

The global Bread market is segmented as follows:

By Product Type

  • Bread & Buns
  • Cakes & Pastries

By Category

  • Conventional
  • Gluten-free

By Distributional Channel

  • Supermarket & Hypermarket
  • Bakery
  • Online

By Region

North America

  • U.S.
  • Canada
  • Mexico
  • Rest of North America

Europe

  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Rest of Asia Pacific

The Middle East & Africa

  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa

Latin America

  • Brazil
  • Argentina
  • Rest of Latin America

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Bread Market, (2024 – 2030) (USD Billion)
    • 2.2 Global Bread Market : snapshot
  • Chapter 3. Global Bread Market – Industry Analysis
    • 3.1 Bread Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Rising population, increasing demand for healthier and more nutritious bread options,
      • 3.2.2 New types of bread being introduced to cater to changing consumer preferences
      • 3.2.3 e-commerce and online retail are also contributing to the growth of the bread market.
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product Type
      • 3.7.2 Market attractiveness analysis By Category
      • 3.7.3 Market attractiveness analysis By Distributional channel
  • Chapter 4. Global Bread Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Bread Market: company market share, 2022
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Bread Market – Product Type Analysis
    • 5.1 Global Bread Market overview: By Product Type
      • 5.1.1 Global Bread Market share, By Product Type, 2022 and 2030
    • 5.2 Bread & Buns
      • 5.2.1 Global Bread Market by Bread & Buns, 2024 – 2030 (USD Billion)
    • 5.3 Cakes & Pastries
      • 5.3.1 Global Bread Market by Cakes & Pastries, 2024 – 2030 (USD Billion)
  • Chapter 6. Global Bread Market – Category Analysis
    • 6.1 Global Bread Market overview: By Category
      • 6.1.1 Global Bread Market share, By Category, 2022 and 2030
    • 6.2 Conventional
      • 6.2.1 Global Bread Market by Conventional, 2024 – 2030 (USD Billion)
    • 6.3 Gluten-free
      • 6.3.1 Global Bread Market by Gluten-free, 2024 – 2030 (USD Billion)
  • Chapter 7. Global Bread Market – Distributional channel Analysis
    • 7.1 Global Bread Market overview: By Distributional channel
      • 7.1.1 Global Bread Market share, By Distributional channel, 2022 and 2030
    • 7.2 Supermarket & Hypermarket
      • 7.2.1 Global Bread Market by Supermarket & Hypermarket, 2024 – 2030 (USD Billion)
    • 7.3 Bakery
      • 7.3.1 Global Bread Market by Bakery, 2024 – 2030 (USD Billion)
    • 7.4 Online
      • 7.4.1 Global Bread Market by Online, 2024 – 2030 (USD Billion)
  • Chapter 8. Breads Market – Regional Analysis
    • 8.1 Global Breads Market Regional Overview
    • 8.2 Global Breads Market Share, by Region, 2022 & 2030 (USD Billion)
    • 8.3. North America
      • 8.3.1 North America Breads Market, 2024 – 2030 (USD Billion)
        • 8.3.1.1 North America Breads Market, by Country, 2024 – 2030 (USD Billion)
    • 8.4 North America Breads Market, by Product Type, 2024 – 2030
      • 8.4.1 North America Breads Market, by Product Type, 2024 – 2030 (USD Billion)
    • 8.5 North America Breads Market, by Category, 2024 – 2030
      • 8.5.1 North America Breads Market, by Category, 2024 – 2030 (USD Billion)
    • 8.6 North America Breads Market, by Distributional channel, 2024 – 2030
      • 8.6.1 North America Breads Market, by Distributional channel, 2024 – 2030 (USD Billion)
    • 8.7. Europe
      • 8.7.1 Europe Breads Market, 2024 – 2030 (USD Billion)
        • 8.7.1.1 Europe Breads Market, by Country, 2024 – 2030 (USD Billion)
    • 8.8 Europe Breads Market, by Product Type, 2024 – 2030
      • 8.8.1 Europe Breads Market, by Product Type, 2024 – 2030 (USD Billion)
    • 8.9 Europe Breads Market, by Category, 2024 – 2030
      • 8.9.1 Europe Breads Market, by Category, 2024 – 2030 (USD Billion)
    • 8.10 Europe Breads Market, by Distributional channel, 2024 – 2030
      • 8.10.1 Europe Breads Market, by Distributional channel, 2024 – 2030 (USD Billion)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Breads Market, 2024 – 2030 (USD Billion)
        • 8.11.1.1 Asia Pacific Breads Market, by Country, 2024 – 2030 (USD Billion)
    • 8.12 Asia Pacific Breads Market, by Product Type, 2024 – 2030
      • 8.12.1 Asia Pacific Breads Market, by Product Type, 2024 – 2030 (USD Billion)
    • 8.13 Asia Pacific Breads Market, by Category, 2024 – 2030
      • 8.13.1 Asia Pacific Breads Market, by Category, 2024 – 2030 (USD Billion)
    • 8.14 Asia Pacific Breads Market, by Distributional channel, 2024 – 2030
      • 8.14.1 Asia Pacific Breads Market, by Distributional channel, 2024 – 2030 (USD Billion)
    • 8.15. Latin America
      • 8.15.1 Latin America Breads Market, 2024 – 2030 (USD Billion)
        • 8.15.1.1 Latin America Breads Market, by Country, 2024 – 2030 (USD Billion)
    • 8.16 Latin America Breads Market, by Product Type, 2024 – 2030
      • 8.16.1 Latin America Breads Market, by Product Type, 2024 – 2030 (USD Billion)
    • 8.17 Latin America Breads Market, by Category, 2024 – 2030
      • 8.17.1 Latin America Breads Market, by Category, 2024 – 2030 (USD Billion)
    • 8.18 Latin America Breads Market, by Distributional channel, 2024 – 2030
      • 8.18.1 Latin America Breads Market, by Distributional channel, 2024 – 2030 (USD Billion)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Breads Market, 2024 – 2030 (USD Billion)
        • 8.19.1.1 The Middle-East and Africa Breads Market, by Country, 2024 – 2030 (USD Billion)
    • 8.20 The Middle-East and Africa Breads Market, by Product Type, 2024 – 2030
      • 8.20.1 The Middle-East and Africa Breads Market, by Product Type, 2024 – 2030 (USD Billion)
    • 8.21 The Middle-East and Africa Breads Market, by Category, 2024 – 2030
      • 8.21.1 The Middle-East and Africa Breads Market, by Category, 2024 – 2030 (USD Billion)
    • 8.22 The Middle-East and Africa Breads Market, by Distributional channel, 2024 – 2030
      • 8.22.1 The Middle-East and Africa Breads Market, by Distributional channel, 2024 – 2030 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1 Maple Leaf Foods
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 George Weston
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Hostess Brands
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Fuji Baking Group
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Angel Bakeries
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Bakkersland
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 Hindustan Unilever Limited (HUL)
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Canada Bread
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Brace’s Bakery
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Finsbury Food Group
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments
    • 9.11 Grupo Bimbo
      • 9.11.1 Overview
      • 9.11.2 Financials
      • 9.11.3 Product Portfolio
      • 9.11.4 Business Strategy
      • 9.11.5 Recent Developments
    • 9.12 Associated British Foods
      • 9.12.1 Overview
      • 9.12.2 Financials
      • 9.12.3 Product Portfolio
      • 9.12.4 Business Strategy
      • 9.12.5 Recent Developments
    • 9.13 Lieke
      • 9.13.1 Overview
      • 9.13.2 Financials
      • 9.13.3 Product Portfolio
      • 9.13.4 Business Strategy
      • 9.13.5 Recent Developments
    • 9.14 Panera Bread
      • 9.14.1 Overview
      • 9.14.2 Financials
      • 9.14.3 Product Portfolio
      • 9.14.4 Business Strategy
      • 9.14.5 Recent Developments
    • 9.15 Britannia
      • 9.15.1 Overview
      • 9.15.2 Financials
      • 9.15.3 Product Portfolio
      • 9.15.4 Business Strategy
      • 9.15.5 Recent Developments
    • 9.16 Yamazaki Baking
      • 9.16.1 Overview
      • 9.16.2 Financials
      • 9.16.3 Product Portfolio
      • 9.16.4 Business Strategy
      • 9.16.5 Recent Developments
    • 9.17 Bakers Delight
      • 9.17.1 Overview
      • 9.17.2 Financials
      • 9.17.3 Product Portfolio
      • 9.17.4 Business Strategy
      • 9.17.5 Recent Developments
    • 9.18 Flowers Foods.
      • 9.18.1 Overview
      • 9.18.2 Financials
      • 9.18.3 Product Portfolio
      • 9.18.4 Business Strategy
      • 9.18.5 Recent Developments
List Of Figures

Figures No 1 to 23

List Of Tables

Tables No 1 to 77

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2030
  • Market revenue estimates and forecasts up to 2030, by technology
  • Market revenue estimates and forecasts up to 2030, by application
  • Market revenue estimates and forecasts up to 2030, by type
  • Market revenue estimates and forecasts up to 2030, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Prominent Players

  • Maple Leaf Foods
  • George Weston
  • Hostess Brands
  • Fuji Baking Group
  • Angel Bakeries
  • Bakkersland
  • Hindustan Unilever Limited (HUL)
  • Canada Bread
  • Brace’s Bakery
  • Finsbury Food Group
  • Grupo Bimbo
  • Associated British Foods
  • Lieke
  • Panera Bread
  • Britannia
  • Yamazaki Baking
  • Bakers Delight
  • Flowers Foods
  • Others

FAQs

“Asia-Pacific” region will lead the global Bread market during the forecast period 2023 to 2030.

hich are the driving factors of the Bread market?
Ans: The key factors driving the market are rising population, increasing demand for healthier and more nutritious bread options, new types of bread being introduced to cater to changing consumer preferences and e-commerce and online retail are also contributing to the growth of the bread market.

The key players operating in the Bread market are Maple Leaf Foods, George Weston, Hostess Brands, Fuji Baking Group, Angel Bakeries, Bakkersland, Hindustan Unilever Limited (HUL), Canada Bread, Brace’s Bakery, Finsbury Food Group, Grupo Bimbo, Associated British Foods, Lieke, Panera Bread, Britannia, Yamazaki Baking, Bakers Delight, Flowers Foods.

The global Bread market is expanding growth with a CAGR of approximately 3.6% during the forecast period (2023 to 2030).

The global Bread market size was valued at USD 227,409.04 Million in 2023 and it is projected to reach around USD 291,290.24 Million by 2030.

PURCHASE OPTIONS

$

3990


$

4990


$

5990


$

2290


$

2390

What You Get :

  • PDF Report Format.
  • Can be accessible by 1 single user.
  • Free 25% or 40 hours of customisation.
  • Free post-sale service assistance.
  • 15% discount on your next purchase.
  • Dedicated account Associate .
  • Permission to print the report.
  • Service guarantee available.
  • PDF and Excel Datasheet Formats.
  • Can be accessible upto 2 to 5 users.
  • Free 35% or 60 hours of customisation.
  • Free post-sale service assistance.
  • 25% discount on your next purchase.
  • Service guarantee available.
  • Personalised market brief by author.
  • Permission to print the report.
  • Report in your Language.
  • PDF, Excel and Power Point.
  • Can be accessible by unlimited users.
  • Free 40% or 80 hours of customisation.
  • Free post-sale service assistance.
  • 30% discount on your next purchase.
  • Permission to print the report.
  • Dedicated account manager.
  • Service guarantee available.
  • Report in your Language.
  • Excel Datasheet Format.
  • Customized access as per user request.
  • Upgradable to other licenses.
  • 15% discount on your next purchase.
  • Free 20% or 10 hours of customisation.
  • In-Depth Company Profiles.
  • SWOT Analysis.
  • Identify your Competitors.
  • Recent Development Analysis.
  • Competitor Pricing Strategies.
  • Competitor Marketing Strategies.
  • Competitor Positioning and Messaging.
  • Competitor Product’s Strengths.
  • Free 20% or 10 Hours of Customisation.
  • 15% Discount on your Next Purchase.
  • Upgradable to other licenses.
  • PDF Format.
  • Permission to Print the Report.

Want to customize this report?
100% FREE CUSTOMIZATION!