Global Bread and Rolls Market - 2023-2030

Market Overview

The Global Bread and Rolls market reached US$ 194.5 billion in 2022 and is projected to witness lucrative growth by reaching up to US$ 248.3 billion by 2030. The market is expected to exhibit a CAGR of 3.1% during the forecast period (2023-2030).

Bread and rolls, which are often made by following bread baking process using wheat flour, can also be made using pulverized flours from several non-wheat sources, such as almond, maize (corn), sorghum, etc., giving consumers a gluten-free bread choice. The bread and rolls market growth is being further advanced by the diversification of bread and rolls production.

The main factors fueling the market's expansion are the growing middle class and their increased propensity for processed foods. The asserted health benefits and appealing appearance of sourdough bread, whole wheat bread, multigrain bread products are causing them to grow in popularity. To boost the protein content, the addition of legumes like lentils or chickpeas in the bread-baking process has become popular.

Market Dynamics

Increasing Demand for Ready-to-eat Snacks is Driving the Bread and Rolls Market Growth.

According to the NPD Group's Eating Patterns in America report, Americans increased their number of between-meal snacking events per person by 25 during the previous five years, going from 505 in 2015 to 530 in 2020. The popularity of ready-to-eat food products is rising significantly as a result of the increased urbanization that is occurring in all of the world's major economies.

People want to make the most of their limited free time because they have less time than ever before. Gluten-free bread & rolls are typically one of the main ingredients in ready-to-eat snacks that are nutrient-dense. Additionally, there is a huge desire for baking enterprises to innovate and provide healthful sweet treats by bread proofing and by using bread shaping techniques. Consequently, the market for bread and rolls would increase more during the forecast period of 2021-2026.

Over Consumption of Bread and Rolls Leads to Obesity, which Impedes the Market Growth.

World Heart Federation estimates that about 2.3 billion children and adults worldwide suffer from overweight and obesity. By 2025, 2.7 billion adults may be overweight or obese if current trends continue. The prevalence of obesity is increasing globally, and it is generally acknowledged as one of the most significant public health issues the world is now facing.

In regions like North America and Europe, where bread and rolls are now a staple in every household, consumers are sometimes enticed to go over the recommended daily intake. They disregard the serving sizes and overindulge, which leads to weight gain and the related issues of obesity, high cholesterol, and cardiac arrest. If consumers' bread and rolls intake is more, it is likely to impede the market growth.

COVID-19 Impact Analysis

The COVID-19 analysis includes Pre-COVID Scenario, COVID Scenario and Post-COVID Scenario along with pricing dynamics (including pricing change during and post-pandemic comparing it with pre-COVID scenarios), demand-supply spectrum (shift in demand and supply owing to trading restrictions, lockdown, and subsequent issues), government initiatives (initiatives to revive market, sector or industry by government bodies) and manufacturers strategic initiatives (what manufacturers did to mitigate the COVID issues will be covered here).

Segment Analysis

The global bread and rolls market is segmented based on type, distribution channel, and region.

In the Global Market of Bread and Rolls, the Artisanal Segment Holds the Largest Market Share.

The global bread and rolls market has been segmented by type into artisanal, in store bakery, industrial, tortilla. The artisanal segment held the largest bread and rolls market share of 35.8% in 2022 in the bread and rolls market analysis report. Consumers are becoming more eager to spend money on high-end goods, and they are especially willing to do so for goods that are made with care and high-quality ingredients of yeast and leavening agents.

For creating artisan bread and rolls, ingredients such as natural sweeteners, premium flour, and other premium-grade ingredients are used, resulting in rolls and bread that are tastier and nutrient-dense. By valuing quality in a greater way, artisanal products set themselves apart from mass-produced goods by the method of effective bread dough fermentation and will likely continue to rise in popularity in the years to come.

Geographical Analysis

The North America Region Held the Largest Share in Bread and Rolls Market in 2022

The North America bread and rolls market held the largest market share of 42.6% in 2022 in the bread and rolls market analysis. The American Bakers Association estimates that bakery products represent 2.1 percent of the US gross domestic product. That is a sizable number of bread eaters.

Local and specialty bakeries are seeing an increase in demand for high-quality bread, and there are new business models and innovations, sustainable labeling and packaging, and the adoption of organic bread all happening in North America. Sales are mostly driven by consumers' growing preference for artisanal, fresh, ethnic, and value-added bread and rolls.

Health-related factors, monetary factors that affect population purchasing power, and changes in consumer lifestyle are the main factors influencing bread consumption across North America. Modern lives, which include flexibility, mobility, cultural diversity, and understanding of different cultures, are also having an impact on bread consumption.

Competitive Landscape

The major global players in the market include: Campbells Soup Company, 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 Maple Leaf Foods.

Global Recession/Ukraine-Russia War/COVID-19, and Artificial Intelligence Impact Analysis:

COVID-19 Impact:

The unprecedented COVID-19 pandemic in 2020 had a profound effect on the Bread and Rolls industry. COVID-19 has had a considerable impact on the phases of the global bakery supply chain that involve bread and rolls production, processing, distribution, and consumption as a result of lockdowns and restrictions imposed by various governments.

According to Information Resources, Inc. data, fresh bread sales reached $10.1 billion in the 52 weeks that concluded on January 24. This is an increase of 10% from the same period last year. 6% more units were sold. The major baking firms tracked by IRI all saw an increase in branded sales over the last year, taking market share away from private labels, which saw a 5% decrease in dollar sales and a 7% decline in unit sales.

Martins Famous Pastry Shoppe Inc., one of the top bakeries, saw the biggest improvements, with a 34% increase in dollar sales and a 31% increase in unit sales. However, even the biggest bakers saw double-digit growth, with Grupo Bimbo's US business rising 13%, Flowers Foods rising 16%, and Pepperidge Farm, Inc. rising 12%.

Why Purchase the Report?

• To visualize the global bread and rolls market segmentation based on type, distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities in the market by analyzing trends and co-development.
• Excel data sheet with numerous data points of bread and rolls market-level with all segments.
• The PDF report consists of cogently put-together market analysis after exhaustive qualitative interviews and in-depth market study.
• Product mapping is available as Excel consists of key products of all the major market players.

The Global Bread and Rolls market report would provide approximately 93 tables, 109 figures and 190 pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies