Global Organic Bakery Products Market - Growth Drivers, Opportunities and Forecast Analysis to 2026
Summary -
A new market
study, titled “Global Organic Bakery Products Market Analysis, Trends and
Opportunities 2020 - 2026” has been featured on WiseGuyReports.
This report focuses on
organic bakery products Market which is experiencing strong growth. The report
gives a guide to the organic bakery products Market which will be shaping and
changing our lives over the next ten years and beyond, including the market's
response to the challenge of the global pandemic.
Reasons to Purchase
• Gain a truly global
perspective with the most comprehensive report available on this market
covering 12+ geographies.
• Understand how the
market is being affected by the coronavirus and how it is likely to emerge and
grow as the impact of the virus abates.
• Create regional and
country strategies on the basis of local data and analysis.
• Identify growth
segments for investment.
• Outperform competitors
using forecast data and the drivers and trends shaping the market.
• Understand customers
based on the latest market research findings.
• Benchmark performance
against key competitors.
• Utilize the
relationships between key data sets for superior strategizing.
• Suitable for supporting
your internal and external presentations with reliable high quality data and
analysis
• Report will be updated
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Description:
Where is the largest and
fastest growing market for the organic bakery products market? How does the
market relate to the overall economy, demography and other similar markets?
What forces will shape the market going forward? The Organic Bakery Products
Market global report from the Business Research Company answers all these
questions and many more.
The report covers market
characteristics, size and growth, segmentation, regional and country
breakdowns, competitive landscape, market shares, trends and strategies for
this market. It traces the market’s historic and forecast market growth by
geography. It places the market within the context of the wider organic bakery
products Market, and compares it with other markets.
• The market
characteristics section of the report defines and explains the market.
• The market size
section gives the market size ($b) covering both the historic growth of the
market, the influence of the Covid 19 virus and forecasting its growth.
• Market segmentations
break down market into sub markets.
• The regional and
country breakdowns section gives an analysis of the market in each geography
and the size of the market by geography and compares their historic and
forecast growth. It covers the growth trajectory of Covid 19 for all regions,
key developed countries and major emerging markets.
• Competitive landscape
gives a description of the competitive nature of the market, market shares, and
a description of the leading companies. Key financial deals which have shaped
the market in recent years are identified.
• The trends and
strategies section analyses the shape of the market as it emerges from the
crisis and suggests how companies can grow as the market recovers.
• The organic bakery
products Market section of the report gives context. It compares the organic
bakery products Market with other segments of the organic bakery products
Market by size and growth, historic and forecast. It analyses GDP proportion,
expenditure per capita, organic bakery products market indicators comparison.
Scope
Markets Covered: 1) By
Product Type: Bread & Rolls; Savory Snacks; Cakes & Pastries; Cookies
& Biscuits; Others 2) By Distribution Channel: Wholesalers/ Distributors/
Direct; Supermarkets/ Hypermarkets; Convenience Stores; Online Retailers; Other
Retail Formats 3) By Category: Gluten-Free; Sugar-Free; Low-Calories
Companies Mentioned:
Flower Foods, Inc.; Hain Celestial Group (Rudi's Bakery); Manna Organics LLC;
Toufayan Bakery, Inc; Mestemacher GmbH
Countries: Argentina;
Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech
Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India;
Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New
Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia;
Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland;
Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
Regions: Asia-Pacific;
Western Europe; Eastern Europe; North America; South America; Middle East;
Africa
Time series: Five years
historic and ten years forecast.
Data: Ratios of market
size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations:
country and regional historic and forecast data, market share of competitors,
market segments.
Sourcing and
Referencing: Data and analysis throughout the report is sourced using end
notes.
Major players in the
organic bakery products manufacturing market are Flower Foods, Inc., Hain
Celestial Group (Rudi's Bakery), Manna Organics LLC, Toufayan Bakery, Inc,
Mestemacher GmbH, United States Bakery, Alvarado Street Bakery, Flowers Food
(US), Natures Bakery Cooperative, and New Horizon Foods, Inc.(US).
The global organic
bakery products market is expected to grow from $9.5 billion in 2019 and to
$9.7 billion in 2020 at a growth rate of 2.5%. The slow growth in 2020 is
mainly due to the economic slowdown across countries owing to the COVID-19
outbreak and the measures to contain it. The market is then expected to grow
and reach $11.61 billion in 2023 at CAGR of 6.06%.
The organic bakery
products manufacturing market consists of sales of organic bakery and related
products. Organic bakery products are made using organic ingredients such as
wheat gluten, milk, butter, honey, eggs, oils, starch, sugar, spices, raisins,
cereals, grain flours and meat-based ingredients. To meet the requirements of
organic certification the manufacturers produce organic bakery products as per
the set guidelines of the food safety organizations of their respective
countries.
Europe was the largest
region in the organic bakery products market in 2019.
Certifying and labeling
organic bakery products follows very strict and unwavering guidelines and is
hampering the growth of the organic bakery products market. For a product to be
considered certified organic, the product must not be produced using any
genetic engineering, irradiation, and must be comprised solely of ingredients
included on the National List of Allowed and Prohibited Substances. For
instance, in United States, the production of organic bakery products must be
overseen by the United States Department of Agriculture National Organic
Program. Therefore, following all the mandatory guidelines and meeting the
certification requirements will hamper the growth of the organic bakery
products market.
The organic bakery
products manufacturing market covered in this report is segmented by product
type into bread & rolls; savory snacks; cakes & pastries; cookies &
biscuits; others. It is also segmented by distribution channel into
wholesalers/ distributors/ direct; supermarkets/ hypermarkets; convenience
stores; online retailers; other retail formats and by category into
gluten-free; sugar-free; low-calories.
The use of innovative
technology for enhanced taste and flavor is the trend in the organic bakery
products manufacturing market. The rising preference for organic bakery
products among consumers, owing to their health benefits is motivating
manufacturers to use innovative technology and methods to offer new organic
bakery products with enhanced taste and flavor. The manufacturers are trying to
study new methods to increase the shelf-life of the products such as the use of
natural preservatives along with enhanced taste till the time of consumption.
In December 2018,
Flowers Foods, Inc., U.S. based largest producer of freshly packaged bakery
food announced the acquisition of Canyon Bakehouse LLC, a private company
engaged in manufacturing gluten-free baked products based in Johnstown, Colo
for an undisclosed amount. The acquisition is expected to add Canyon’s
gluten-free innovative products to Flowers Foods’s product portfolio, in order
to expand the company’s consumer base.
Increasing consumer
preferences towards healthy ingredients is a major driver for the organic
bakery products market. The growing urbanization is leading to hectic
lifestyles and unhealthy eating options which has resulted in lifestyle
disorders and deterioration of health of the consumers. Therefore, changing
consumer preference is forcing manufacturers to switch to the use of organic
ingredients such as organic baking powder, gluten-free powder, and
aluminum-free baking powder. Moreover, the rising disposable income of the
population is expected to contribute to the higher demand for organic bakery
products in the near future. According to Trading Economics, the disposable
personal income in India increased to USD 2,971,770 million in 2019 from USD
2,964,090 million in 2018.
FOR MORE DETAILS: https://www.wiseguyreports.com/reports/5320587-organic-bakery-products-global-market-report-2020-30
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