The Latest Packaged Bread Industry Statistics Explained
The global bread market is expected to grow at a CAGR of 3.3% over the predicted time period, from 2020 to 2027.
The statistic indicates that the global bread market is projected to increase at a Compound Annual Growth Rate (CAGR) of 3.3% over the anticipated time frame of 2020 to 2027. This growth rate suggests a steady and consistent expansion in the industry’s value over the specified years. A CAGR of 3.3% implies that, on average, the market is expected to grow at a rate of 3.3% each year during this period. This information is crucial for industry stakeholders, investors, and policymakers as it provides insights into the potential financial performance and opportunities within the bread market, allowing them to make informed decisions and strategic plans based on this growth forecast.
In 2020, the global bread market reached a value of US$ 186.4 billion.
The statistic “In 2020, the global bread market reached a value of US$ 186.4 billion” indicates the total worth of the bread industry worldwide in the year 2020. This value represents the revenue generated from the production, distribution, and sale of bread products across various regions and markets. The substantial figure of US$ 186.4 billion highlights the significant scale and economic importance of the bread market on a global scale. Factors such as population growth, changing consumer preferences, and dietary trends likely influenced the growth and size of the bread market in 2020, making it a prominent sector within the food industry.
In terms of volume, The global bread market is expected to reach 234.5 million tons by 2027.
The statistic provided indicates that the global bread market is projected to grow significantly in terms of volume, with an expected reach of 234.5 million tons by the year 2027. This suggests a substantial increase in the production and consumption of bread worldwide over the next several years. Factors contributing to this growth could include increasing population, changing dietary habits, and rising demand for bakery products across different regions. The statistic reflects the large-scale and pervasive nature of the bread market, highlighting its importance as a staple food item and a significant component of the global food industry.
Europe accounts for the largest consumption of packaged bread, followed by North America.
The statistic that ‘Europe accounts for the largest consumption of packaged bread, followed by North America’ implies that within the global market for packaged bread, Europe is the region with the highest consumption levels, with North America ranking second. This indicates that European and North American consumers exhibit a high demand for packaged bread products compared to other regions. This statistic could be influenced by factors such as dietary preferences, lifestyle trends, convenience, and cultural norms within these regions. Understanding these consumption patterns can be valuable for companies in the food industry, helping them tailor their products and marketing strategies to meet the specific needs and preferences of consumers in these regions.
Whole grain bread segment is projected to expand at a significant CAGR during the forecast period due to rising health consciousness among consumers.
The statistic suggests that the whole grain bread segment is expected to experience a substantial Compound Annual Growth Rate (CAGR) over the forecast period. This growth is attributed to an increased awareness and prioritization of health among consumers. As more individuals become conscious of the health benefits associated with consuming whole grains, there is a growing demand for whole grain bread products. This trend is driving the expansion of the whole grain bread market as consumers seek out healthier food options. The projected significant CAGR indicates a positive outlook for the whole grain bread segment, reflecting the ongoing shift towards healthier food choices in the market.
The US bread and bakery manufacturing industry includes about 3,500 establishments with combined annual revenue of about $39 billion.
The statistic provided indicates that within the United States, there are approximately 3,500 establishments involved in bread and bakery manufacturing, collectively generating an annual revenue of around $39 billion. This reveals a robust industry with a significant number of businesses contributing to the creation and sale of bread and bakery products in the country. The large combined revenue highlights the economic importance of the sector, suggesting a high level of consumer demand for these products. Additionally, the presence of thousands of establishments indicates a competitive landscape within the industry, potentially offering a wide variety of choices for consumers and showcasing the diversity of products available in the market.
The US commercial domestic bakery sales are close to $47 billion as of 2021.
The statistic “The US commercial domestic bakery sales are close to $47 billion as of 2021” represents the total revenue generated from bakery products sold by commercial establishments within the United States in the year 2021. This figure encompasses various items such as bread, cakes, pastries, and other baked goods produced and sold by bakeries, supermarkets, and other retail outlets. The $47 billion value highlights the significant economic impact of the bakery industry in the US, indicating a high level of consumer demand for baked products and suggesting a thriving market that drives business growth and employment opportunities within the sector.
Approximately 59% of Americans include bread in their diet daily.
The statistic that approximately 59% of Americans include bread in their diet daily indicates that a majority of the American population regularly consumes bread as part of their daily nutrition. This statistic suggests that bread is a commonly consumed food item in American diets, which can be a significant source of carbohydrates, fiber, and other nutrients. The widespread consumption of bread underscores its importance as a staple food in American culture and highlights its role in providing essential nutrients and energy for a majority of the population on a daily basis.
Projected retail sales for the packaged bread industry in the United States in 2021 are expected to reach approximately 26.5 billion U.S. dollars.
The statistic states that it is projected that retail sales for the packaged bread industry in the United States will amount to around 26.5 billion U.S. dollars in the year 2021. This figure serves as an estimate of the total revenue that is expected to be generated from the sales of packaged bread products across various retail outlets in the country over the course of the year. This statistic provides insights into the size and economic significance of the packaged bread industry within the United States, reflecting consumer demand and market trends. It is a key indicator for industry stakeholders, policymakers, and investors to assess the performance and potential growth of the packaged bread market in the country for the specified period.
China, India, and Japan are expected to be the fastest-growing markets for packaged bread in the Asia Pacific region.
The statistic indicates that China, India, and Japan are projected to experience the highest growth rates in the consumption of packaged bread within the Asia Pacific region. This suggests that there is a rising trend in the demand for packaged bread products in these countries, potentially driven by factors such as urbanization, changing dietary preferences, and lifestyle shifts. The growth in these markets presents opportunities for bread manufacturers and retailers to target and capitalize on the increasing demand for convenient and packaged bread products in these key Asian economies. Additionally, it underscores the importance of understanding and catering to the specific preferences and needs of consumers in each of these countries to effectively tap into their growth potential in the packaged bread market.
Whole-wheat bread category is anticipated to witness a CAGR of 2.9% during the forecast period 2019-2029, globally.
The statistic stating that the whole-wheat bread category is anticipated to witness a compound annual growth rate (CAGR) of 2.9% during the forecast period of 2019-2029 globally indicates the expected average annual growth rate of this specific market segment over the specified timeframe. A CAGR of 2.9% suggests a steady growth trajectory for the whole-wheat bread category, implying that consumer preferences for healthier food choices, such as whole-grain products, are expected to drive increased demand for whole-wheat bread products at a global scale. This projection reflects a positive outlook for the whole-wheat bread industry, indicating opportunities for market expansion and potential profitability for businesses operating within this sector.
The revenue of French bread is expected to show an annual growth rate (CAGR 2020-2025) of 5.8%, resulting in a market volume of $31,356m in 2025.
The statistic indicates that the revenue generated from French bread is projected to increase steadily at a Compound Annual Growth Rate (CAGR) of 5.8% between the years 2020 and 2025. This growth rate suggests a positive trend in the market demand for French bread over the specified period. By the end of 2025, the total market volume for French bread is forecasted to reach $31,356 million. This information suggests a healthy and upward trajectory for the French bread market, indicating potential opportunities for businesses operating in this sector to capitalize on the growing consumer preferences for French bread products.
The global market for packaged bread is anticipated to expand at a CAGR of over 4.50% between 2019 – 2029.
This statistic indicates that the global market for packaged bread is projected to experience steady growth over the period of 2019 to 2029, with a compound annual growth rate (CAGR) of over 4.50%. This implies that the market size for packaged bread is expected to increase by an average of over 4.50% per year during this timeframe. This growth rate suggests a positive outlook for the packaged bread industry, potentially driven by factors such as changing consumer preferences, population growth, urbanization, and increasing disposable incomes. It also indicates opportunities for businesses in the packaged bread sector to expand their market presence and profitability over the next decade.
The global gluten-free bread market is expected to grow at a CAGR of about 9% between 2020 and 2025.
This statistic indicates that the global gluten-free bread market is projected to experience a Compound Annual Growth Rate (CAGR) of approximately 9% over the period spanning from 2020 to 2025. This suggests a steady and substantial growth trend in the demand for gluten-free bread products worldwide over the next five years. Factors driving this growth may include an increasing awareness of gluten sensitivities and celiac disease, evolving consumer preferences towards healthier food options, and a growing availability of gluten-free products in the market. This statistic could be valuable for industry stakeholders, investors, and policymakers to analyze market trends, make strategic decisions, and capitalize on the potential opportunities within the gluten-free bread market.
The artisanal bread segment is expected to account for the largest share of the overall bread market by 2026.
This statistic indicates that the artisanal bread segment, which includes bread made by hand in small batches using traditional methods and high-quality ingredients, is projected to have the highest market share within the bread industry by the year 2026. This suggests a growing consumer preference for artisanal bread products over mass-produced bread varieties. Factors such as the perception of higher quality, authenticity, and unique flavors associated with artisanal breads are likely driving this trend. As a result, bakeries and manufacturers that specialize in artisanal breads may see increased demand and market opportunities in the coming years.
The frozen bread market is projected to reach USD 5.4 billion by 2026 at a CAGR of 4.4% during the forecast period.
This statistic indicates the projected growth of the frozen bread market, with an expected valuation of USD 5.4 billion by the year 2026. The Compound Annual Growth Rate (CAGR) of 4.4% suggests that the market is anticipated to expand steadily over the forecast period. This growth rate reflects the increasing consumer demand for frozen bread products, potentially driven by factors such as convenience, longer shelf life, and changing dietary preferences. The forecast highlights opportunities for businesses operating in the frozen bread industry to capitalize on this growth trend and cater to evolving consumer needs.
The bread industry generates over $30 billion in revenue each year in the United States.
The statistic “The bread industry generates over $30 billion in revenue each year in the United States” indicates that the bread industry is a significant economic player in the country. This statistic quantifies the substantial financial impact of bread production, sales, and consumption within the U.S. market. The revenue generated being over $30 billion signifies a large-scale consumer demand for bread products, which in turn supports a robust industry involving growers, manufacturers, distributors, and retailers. Such a statistic highlights the importance of the bread industry within the broader food sector and underscores its economic contribution to the national economy.
The global gluten-free bread products market was valued at about $1.2 billion in 2020.
The statistic that the global gluten-free bread products market was valued at approximately $1.2 billion in 2020 represents the total monetary worth of sales for gluten-free bread products worldwide during that year. This figure indicates the significant demand and market size for gluten-free bread products due to factors such as increasing awareness of gluten intolerance and celiac disease, as well as the growing popularity of gluten-free diets for overall health and wellness. The value also reflects the industry’s growth and attractiveness to both consumers and businesses looking to cater to individuals with gluten sensitivities or preferences. As a result, this statistic highlights the economic importance and potential opportunities within the gluten-free bread products market on a global scale.
Packaged bread is considered a staple in many diets worldwide and accounts for more than 1/3 of the total baked goods consumption
The statistic that packaged bread is considered a staple in many diets worldwide and accounts for more than 1/3 of the total baked goods consumption highlights the ubiquitous nature of bread as a dietary staple across cultures and regions. This statistic underscores the significant role that packaged bread plays in providing a convenient and accessible source of nutrition for a large portion of the global population. The fact that more than 1/3 of all baked goods consumed are in the form of packaged bread speaks to its widespread popularity and widespread usage, making it a key component of many people’s daily diets and a significant contributor to overall food consumption patterns.
The global organic bread market is projected to grow at a CAGR of 6.8% from 2021 to 2027.
This statistic is stating that the global organic bread market is expected to expand significantly over the period from 2021 to 2027, with a Compound Annual Growth Rate (CAGR) of 6.8%. This indicates a steady and consistent rate of growth for the market, suggesting increasing demand and consumption of organic bread products worldwide. The projected growth rate reflects a positive trend towards healthier and sustainable food choices among consumers, leading to an optimistic outlook for the organic bread industry in the coming years.
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