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Global Bread and Rolls Market to Grow at a CAGR of 2% between 2019 and 2024

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"According to a new report by EMR titled, ‘Global Bread and Rolls Market Report and Forecast 2019-2024’, the global bread and rolls market reached a value of almost USD 201 billion in 2018. The market is further expected to grow at a CAGR of 2.5% in the forecast period of 2019-2024 to attain USD 240 billion by 2024."

The global bread and rolls market is dominated by Europe and the Americas. Within Europe, Germany serves as the European leader in the production of bread and rolls. Globally, the market is driven by the shift towards convenient food items, which are healthy as well. The demand for bread and rolls is also increasing due to the attractive offers and discounts provided by the retailers to the consumers. Artisanal bread and rolls, which are hand-made and thus, known for its freshness, is the most consumed type of bread. The USA, being one of the leading bakery product markets, is a major consumer of bread-related items. The change in consumers’ preferences has affected the industry in the region and, therefore, more gluten-free products are being manufactured. The Asia Pacific is emerging as one the fastest growing markets for the bakery products. In the Asia Pacific, the rise in incomes supported by the rapid urbanization in the region is driving the bread and rolls market with people willing to spend more on quality products.

The use of compostable material in the packaging of bread and rolls and other baked goods is emerging as a significant driver propelling the market growth. Grupo Bimbo SAB de CV (NASDAQ: GRBMF), one of the major players in the bread and rolls market, has launched the first compostable packaging for bread in Mexico in August 2019. With this innovation they assure environmental sustainability as well.

The diversification in the production of breads and other value-added products is a key factor driving the market further. Starbucks (NASDAQ: SBUX), a leading American coffeehouse chain, opened its first bakery in Seattle in 2017. The bakery features diverse and fortified bakery products for the customers, like, Italian sandwiches, breads, and others. In future, they are expected to bring this concept to Shanghai, followed by Milan, New York, and some other cities as well, thus, expanding its market.

Market Breakup by Types, Distribution Channels, and Regions:

  • Artisanal bread and rolls, industrial bread and rolls, in-store bakery, and tortilla are the major types of bakery products available in the market.
  • The major distribution channels for bread and rolls are specialist retailers, supermarkets/hypermarkets, convenience stores, independent retailers, and online retailers, among others.
  • Region-wise, the market can be divided into Europe, North America, the Asia Pacific, the Middle East and Africa and Latin America.

Key Findings of the Report:

  • The market growth for bread and rolls is being aided by the increasing middle-class population and the rising disposable incomes, particularly in the developing countries.
  • An increased consumption of packaged and ready-to-eat food is also adding to the industry growth.
  • With the younger consumers ready to spend more on convenient food products, along with an increasing awareness about the quality products, the market is witnessing a healthy growth.
  • An increasing demand for western cuisine, especially, in the emerging economies is further propelling the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global bread and rolls market for the periods (2014-2018) and (2019-2024).
  • The report also offers historical (2014-2018) and forecast (2019-2024) market information for the types, distribution channels, and regional markets of bread and rolls.
  • A thorough analysis of the regional historical (2014-2018) and forecast (2019-2024) price trends has also been provided within the report.
  • It also provides an assessment of the market based on the Porter’s Five Forces model along with a SWOT and value chain analysis.

Associated British Foods Plc., Almarai Company, Yamazaki Baking Co., Ltd, Flowers Foods, Inc., The Pillsbury Company, LLC, California Baking Company, Orlando Baking Company, Klosterman Baking Company, and Britannia Industries Limited, among others, are the leading players in the global bread and rolls market as identified by EMR. This comprehensive report by EMR covers the market share, capacity, and latest developments like mergers and acquisitions, capacity expansions, and plant turnarounds among these key players.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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"Global Bread and Rolls Market: By Type: Artisanal, Industrial, In Store Bakery, Tortilla; by Distribution Channel: Specialist Retailers, Hypermarkets and Supermarkets, Independent retailers, Convenience stores; By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa; Historical Production and Consumption (2015-2019); Production and Consumption Forecast (2020-2025); SWOT Analysis; Value Chain Analysis; Regional Price Analysis; Manufacturing Process; Competitive Landscape & Supplier Analysis; Events and Developments"

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