The bread market will experience a positive impact during the forecast period due to the widespread growth of the COVID-19 pandemic. According to Technavio’s pandemic-focused market research, the market growth is expected to increase in 2021 compared to 2020.
With the continued spread of the novel coronavirus pandemic, organizations around the world are gradually flattening their recession curves by taking advantage of technology. Many businesses will go through phases of response, recovery and renewal. Building business resilience and agility will help organizations move forward from the COVID-19 crisis to the next normal.
The recovery process consists of different phases, including:
- Recognize the existing business model
- Focus on the agile execution of proposed and approved changes.
- Impact assessment on critical IT infrastructure and software system
Key considerations for market forecast:
- Impact of bottlenecks, supply chain disruptions, destruction of demand and changing customer behavior
- Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
- Market estimates before and after COVID-19
- Quarterly impact analysis and update of market estimates
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Related reports on consumer staples include:
Global Muffin Market – The global muffin market is segmented by product (craft muffins and packaged muffins), distribution channel (offline and online) and geography (APAC, Europe, AEM, North America, and South America).
Download an exclusive free sample report
Global Bakery Market – The global bakery market is segmented by product (bread and rolls, cakes and pastries, cookies and others) and by geography (APAC, Europe, North America, South America, and MEA).
Download an exclusive free sample report
Top 3 players in the bread market
The company offers different types of products such as gluten-free, stollen braid, sweet pastry, toast, complete pastry and multigrain.
The company offers different types of brands such as fresh produce, pitas and pastries.
Associated British Foods Plc
The company offers bread under the ryvita fiberfit brand.
If you purchase an updated report within the next 60 days, we’ll send you the new edition and the data extract for FREE! Get an overview of the report here to get a detailed analysis of the market share of market players during the COVID-19 lockdown:
Bread market 2021-2025: Segmentation
The bread market is segmented as follows:
- Artisan bread
- Wrapped bread
- North America
- South America
- Distribution channel
The bread market is driven by increasing urbanization and changing consumer lifestyles. In addition, the growing importance of in-store bakeries in supermarkets is expected to trigger the bread market towards a CAGR of over 6% during the forecast period.
Find out more about global trends impacting the future of the bread market,
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- Covered suppliers
- Supplier ranking
- Positioning of sellers in the market
- Competitive scenario
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