PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388064
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1388064
The global bread crumbs market size is expected to reach USD 1446.94 million by 2032, according to a new study by Polaris market research. The report "Bread Crumbs Market Share, Size, Trends, Industry Analysis Report, By Product (Dry, Fresh), By Seasoning (Unflavored, Paprika), By End-use, By Distribution Channel (Food Service, Retail), By Region, And Segment Forecasts, 2019 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for breadcrumbs is witnessing consistent growth, driven by shifts in dietary preferences, and rise in consumption of processed meats & snacks. High-speed milling and extrusion techniques are now employed to create breadcrumbs with enhanced texture and flavor. These technological advancements help preserve essential characteristics of breadcrumbs, such as crispiness and a golden-brown color, ensuring that the product maintains its desired quality. By incorporating these innovative methods, manufacturers can meet the evolving needs of consumers and deliver high-quality breadcrumbs that align with the latest market trends.
Growth is heavily influenced by consumer behavior and preferences. With an increasing inclination towards convenience, consumers' demand for ready-to-use breadcrumbs has surged. Bread crumbs have become a staple in various culinary applications, serving as coatings for fried & baked foods, fillers in the meat products, & toppings for casseroles & gratins. As people seek quick and straightforward meal solutions, breadcrumbs have emerged as a popular choice due to their simplicity and versatility. Whether it is a quick and crispy coating for fried chicken or a convenient filler for meat balls, bread crumbs offer a convenient and time-saving option for busy individuals.
Manufacturers are actively exploring sustainable sourcing methods for their key ingredients, aiming to reduce their environmental footprint. One approach involves utilizing leftover bread or locally sourced components in the breadcrumb production process, effectively reducing food waste, and promoting sustainability. This eco-conscious practice not only aligns with environmental values but also appeals to consumers who prioritize environmentally friendly products. In addition to sustainable sourcing, breadcrumb companies are embracing eco-friendly packaging solutions to further reduce their environmental impact. By adopting recyclable or biodegradable materials for packaging, these manufacturers aim to minimize waste and contribute to a more sustainable packaging industry.
Dry segment dominated the market, owing to its wide applicability, and ease of use in fast food chains
Fresh segment held the largest share, primarily due to surge in demand of breaded items such as meat balls, cheese balls, and other food products requires crunchiness
APAC dominated the market, due to presence of younger generation exploring different dining experiences
The global key market players include: Kikkoman Corp., Edward & Sons Trading, 4C Foods, & Aleia's Gluten Free Foods
Polaris market research has segmented the bread crumbs market report based on product, seasoning, end use, distribution channel, and region: