PUBLISHER: IMARC | PRODUCT CODE: 1370504
PUBLISHER: IMARC | PRODUCT CODE: 1370504
Flatbread Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global flatbread market size reached US$ 43.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 61.7 Billion by 2028, exhibiting a growth rate (CAGR) of 5.89% during 2023-2028.
Flatbread is a wafer-like, thick, unleavened food product that is primarily prepared from flour, water, and salt and then rolled into a flattened dough for baking in brick ovens. It includes other essential ingredients, including sorghum, corn, rye, millet, barley, yeast, and whole grains, that contain a high amount of gluten-free fibers. Flatbread is rich in proteins, carbohydrates, vitamins, magnesium, selenium, manganese, and antioxidants that ensure weight loss, mitigate obesity, and reduce the risk of constipation, heart disease, high cholesterol, and diabetes. Along with this, flatbread assists in dealing with free radicals, delaying the aging process, and improving gut health; therefore, it is used as an alternative to a spoon or fork for scooping food items. At present, flatbread is commercially available in naan, pita, focaccia, fry bread, and tortilla types.
Flatbread Market Trends:
The shifting inclination toward a healthy diet, owing to the increasing health consciousness amongst consumers and the growing awareness regarding the high nutritional value of flatbread, is majorly driving the market growth. Additionally, the rising consumption of ready-to-eat (RTE) items, such as flatbread, due to hectic lifestyles and busy working schedules, is acting as another growth-inducing factor. Key players in the food and beverage (F&B) sector are using diverse preservatives for maintaining product quality without compromising the taste, which is further favoring the market growth. In line with this, the extensive usage of effective packaging and sorbates and benzoates as standard preservatives by manufacturers to inhibit yeast, water activity, and moisture for extending the shelf life of flatbread is supporting the market growth. Moreover, significant technological advancements, such as the employment of new refrigeration solutions and modern bread-baking concepts, are propelling the market growth. Apart from this, the advent of healthy, low-calorie, fat-free, and cholesterol-free flatbreads and strategic collaborations amongst key players for marketing products are positively stimulating the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global flatbread market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and distribution channel.
Breakup by Product Type:
Tortilla
Naan
Pita
Focaccia
Fry Bread
Others
Breakup by Distribution Channel:
Business-to-Business
Business-to-Consumer
Hypermarkets and Supermarkets
Specialty and Convenience Stores
Bakeries
Online Stores
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Atoria's Family Bakery, Evron Foods Ltd., Gruma S.A.B. de C.V., Klosterman Baking Company, Kontos Foods Inc., La Brea Bakery (Aryzta AG), Ole Mexican Foods Inc., Signature Flatbreads Ltd and Tyson Foods Inc.
Key Questions Answered in This Report:
- How has the global flatbread market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global flatbread market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global flatbread market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Flatbread Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product Type
- 6.1 Tortilla
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Naan
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Pita
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Focaccia
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Fry Bread
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Business-to-Business
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Business-to-Consumer
- 7.2.1 Market Trends
- 7.2.2 Key Segment
- 7.2.2.1 Hypermarkets and Supermarkets
- 7.2.2.2 Specialty and Convenience Stores
- 7.2.2.3 Bakeries
- 7.2.2.4 Online Stores
- 7.2.3 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Atoria's Family Bakery
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.2 Evron Foods Ltd.
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.3 Gruma S.A.B. de C.V.
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.4 Klosterman Baking Company
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Kontos Foods Inc.
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 La Brea Bakery (Aryzta AG)
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Ole Mexican Foods Inc.
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Signature Flatbreads Ltd
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 Tyson Foods Inc.
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.1 Atoria's Family Bakery
List of Figures
- Figure 1: Global: Flatbread Market: Major Drivers and Challenges
- Figure 2: Global: Flatbread Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Flatbread Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Flatbread Market: Breakup by Product Type (in %), 2022
- Figure 5: Global: Flatbread Market: Breakup by Distribution Channel (in %), 2022
- Figure 6: Global: Flatbread Market: Breakup by Region (in %), 2022
- Figure 7: Global: Flatbread (Tortilla) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 8: Global: Flatbread (Tortilla) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 9: Global: Flatbread (Naan) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 10: Global: Flatbread (Naan) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 11: Global: Flatbread (Pita) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 12: Global: Flatbread (Pita) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 13: Global: Flatbread (Focaccia) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 14: Global: Flatbread (Focaccia) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 15: Global: Flatbread (Fry Bread) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 16: Global: Flatbread (Fry Bread) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 17: Global: Flatbread (Other Product Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 18: Global: Flatbread (Other Product Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 19: Global: Flatbread (Business-to-Business) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 20: Global: Flatbread (Business-to-Business) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 21: Global: Flatbread (Business-to-Consumer) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 22: Global: Flatbread (Business-to-Consumer) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 23: North America: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 24: North America: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 25: United States: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 26: United States: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 27: Canada: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 28: Canada: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 29: Asia-Pacific: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 30: Asia-Pacific: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 31: China: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 32: China: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 33: Japan: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 34: Japan: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 35: India: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 36: India: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 37: South Korea: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 38: South Korea: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 39: Australia: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 40: Australia: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 41: Indonesia: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 42: Indonesia: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 43: Others: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 44: Others: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 45: Europe: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 46: Europe: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 47: Germany: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 48: Germany: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 49: France: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 50: France: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 51: United Kingdom: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 52: United Kingdom: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 53: Italy: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 54: Italy: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 55: Spain: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 56: Spain: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 57: Russia: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 58: Russia: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 59: Others: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 60: Others: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 61: Latin America: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 62: Latin America: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 63: Brazil: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 64: Brazil: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 65: Mexico: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 66: Mexico: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 67: Others: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 68: Others: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 69: Middle East and Africa: Flatbread Market: Sales Value (in Million US$), 2017 & 2022
- Figure 70: Middle East and Africa: Flatbread Market: Breakup by Country (in %), 2022
- Figure 71: Middle East and Africa: Flatbread Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Global: Flatbread Industry: SWOT Analysis
- Figure 73: Global: Flatbread Industry: Value Chain Analysis
- Figure 74: Global: Flatbread Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Flatbread Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Flatbread Market Forecast: Breakup by Product Type (in Million US$), 2023-2028
- Table 3: Global: Flatbread Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 4: Global: Flatbread Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 5: Global: Flatbread Market: Competitive Structure
- Table 6: Global: Flatbread Market: Key Players
