Bread Market Is Booming Across the Globe by Growth Segments and Forecast - 2030

The Bread Market was valued at US$ 266.33 billion in 2022 and is projected to reach US$ 350.17 billion by 2030; it is expected to register a CAGR of 3.4% from 2022 to 2030.

E-commerce platforms provide consumers the convenience of ordering baked goods, such as bread, from the comfort of their homes. Consumers can browse through a wide variety of bread, compare prices, and choose the trusted brands' products from the labeling instructions and reviews of other consumers, and can place order. This convenience factor of e-commerce is particularly appealing to busy individuals or those who may not have easy access to physical grocery stores. According to the most recent 2020 ARTS release, e-commerce sales increased by $244.2 billion or 43% in 2020, the first year of the pandemic, rising from $571.2 billion in 2019 to $815.4 billion in 2020. Therefore, the recorded rise in e-commerce sales has further encouraged consumers across the globe to adopt e-commerce.

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Analysis of the Top Market Players:

1. Three Bakers Gluten-Free Bakery
2. Dr Schar AG
3. FGF Brands Inc
4. Dimpflmeier Bakery Ltd
5. Vibrant Health Products Inc
6. Wonder Brands Inc
7. Bakers Delight Holdings Ltd
8. Grey Matlock Bakery Inc
9. Grupo Bimbo SAB de CV
10. Campbell Soup Co.

In this report, the market has been segmented on the basis of:

Type (Loaves, Sandwich Bread, Baguettes, Burger Buns, and Others)
Category (Organic and Conventional)
Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)

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The growth of e-commerce has spurred innovation in packaging, shipping, and delivery methods to ensure the freshness and quality of the bread. Thus, companies have been developing specialized packaging techniques and optimizing delivery logistics to preserve the taste and texture of the bread during transit. On October 22, 2021, Dr Sch?r introduced the world's first recycled plastic packaging for gluten-free bread. This initiative has created trust in food packaging expertise while maintaining their products' taste, quality, and safety.

Further, e-commerce platforms enable bread manufacturers and bakeries to establish direct consumer relationships. By bypassing the intermediaries and traditional retail channels, bakery manufacturers can better understand consumer preferences, receive feedback, and tailor their offerings accordingly. Thus, the major players such as Grupo Bimbo SAB de CV, Dr Schar AG, Dimpflmeier Bakery Ltd, Campbell Soup Co., and Wonder Brands Inc operating in the market are catalyzing their business by distributing their baked goods through e-commerce platforms, which, in turn, drives the global bread market growth.

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