EMEA Par-Baked Bread Market size to exceed $3bn by 2027
Published Date: July 28, 2021 Authors: Kiran Pulidindi, Akshay Prakash
EMEA Par-Baked Bread Market size is expected to exceed USD 3 billion by 2027, according to a new research report by Global Market Insights Inc.
The demand for functional & nutritional ingredients in bakery products is increasing due to their added nutritional benefits. Fortified breads, low-carb, high-fiber, and multigrain breads are appealing to health-conscious customers, triggering the demand for bakery products. The addition of natural ingredients such as enzymes, natural preservatives, and antioxidants has aided in the development of new and improved bread and related bakery products.
The bakery products industry in Europe and the Middle East & Africa is the largest in the world owing to growing consumption and the presence of large-scale bakeries. The rapidly aging population is looking for healthier alternatives in bakery products, which has supported the adoption of organic products. Further, consumers are looking for bakery products that are easy to bake and are cost effective. Consumers seek value-added, fresh, ethnic, and artisanal bread, which is expected to drive the EMEA par-baked bread market expansion.
Browse key industry insights spread across 125 pages with 96 market data tables & 17 figures & charts from the report, “EMEA Par-baked Bread Market Statistics By Type (Baguette, Rolls, Loaf), End-User (Convenience Stores, Hypermarkets & Supermarkets, Artisans Bakers, Bakery Chains), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027” in detail along with the table of contents:
The demand for baguettes is expected to surpass USD 750 million by 2027. This can be attributed to their availability in various flavors, textures, and styles.
EMEA par-baked bread market from bakery chains end-user segment is set to record over 4.5% CAGR between 2021 and 2027. Bakery chains widely use frozen dough for making pastries, cakes and other frozen bakery products, which are directly sold to consumers. The growing number of bakery chains in Europe and the Middle East & African countries in line with the demand for bakery products is expected to fuel the demand for par-baked breads. These not only act as a viable alternative to fast food but are also low-cost and have long shelf life.
Production capacity upgrades and acquisitions to augment the competitive advantage
Key EMEA par-baked bread market participants include Lantmannen Unibake; The Soufflet Group; Rich Products Corporation; Country Style Foods; Menissez; Bakemart Gourmet; Greendale Group; Prima International; Vandemoortele; Delifrance and Europe des Pains. Few product manufacturers are focusing primarily on production capacity upgrades and acquisitions to strengthen their market position.
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