Selbyville, Delaware, July 29, 2021 (GLOBE NEWSWIRE) –
The EMEA precooked bread market is expected to exceed $ 3 billion by 2027, according to a new research report from Global Market Insights Inc. The growing number of industrial bakeries, the growing popularity of small specialty bakeries and the growing demand for baked goods in the region will lead the by- the expansion of the baked bread industry during the projected period.
The COVID-19 pandemic has dramatically disrupted the industry’s value chain. Part-baked bread is highly dependent on various raw material supplies for smooth production and distribution of the product. The pandemic has also forced many store owners and artisan bakers and bakeries to close their stores or operate them at limited capacity. This had a negative impact on the revenue generation of the market.
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Convenience stores, hypermarkets and supermarkets will continue to represent a significant share of the EMEA market as they offer consumers the freedom to control and verify the quality of products. Changing demographic trends have led to an increasing dependence on department stores for their convenience amidst a hectic lifestyle.
Here are some of the key findings from the EMEA Part-Baked Bread Market report:
- The growing consumption of baked goods that can be baked later by customers and consumed as they see fit is gaining ground in recent years.
- Breads are the most popular type of product with a share of over 45% throughout the study period.
- Bakery chains will be the fastest growing end-use segment.
- Turkey, Russia, UK and Germany will account for more than 40% of the market share.
- The main players in the EMEA precooked bread industry are Rich Products Corporation, The Soufflet Group, Menisse, Greendale Group, Bakemart Gourmet, Prima International, Lantmannen Unibake, Vandemoortele, Country Style Foods Europe des Pains and Delifrance.
- These players are focused on capacity upgrades as well as acquisitions to increase their competitive advantage.
Browse key industry insights spread over 125 pages with 96 market data tables and 17 report figures and charts, “EMEA Part-Baked Bread Market by Type (Baguette, Buns, Bread), End User (Convenience Stores, Hypermarkets & Supermarkets, Artisan Bakers, Bakery Chains), Industry Analysis Report, Regional Outlook, Growth Potential, Trends pricing, competitive landscape and forecast, 2021 – 2027Â»In detail with the table of contents:
Rolls will account for around 10% of the pre-baked bread market in EMEA by 2027. Rolls can be made into sandwiches and eaten or can be eaten directly with the availability of different types of flavors. Buns, due to their compact size and shape, are gaining popularity in Middle Eastern and African countries as they are economical and usually do not require much processing, making them a form of bread ideal for consumption.
The growing demand for low calorie baked goods incorporated with natural ingredients is driving the EMEA precooked bread market statistics. Growing urbanization and rising income levels in many African countries are boosting the baking industry, providing fresh and natural foods over fast food and other oily products, thus providing the impetus necessary for the expansion of the precooked bread industry in the EMEA region.
Browse the table of contents for this report @ https://www.gminsights.com/toc/detail/emea-par-baked-bread-market
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, USA, is a global provider of market research and consulting services, providing syndicated and personalized research reports as well as advisory services. growing. Our business intelligence and industry research reports provide clients with insightful insights and actionable market data specially designed and presented to aid strategic decision making. These comprehensive reports are designed through proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.