PUBLISHER: DataM Intelligence | PRODUCT CODE: 1448061
PUBLISHER: DataM Intelligence | PRODUCT CODE: 1448061
Overview
Global Par-Baked Bread Market reached US$ 5.82 billion in 2022 and is expected to reach US$ 9.41 billion by 2030, growing with a CAGR of 6.2% during the forecast period 2023-2030.
The convenience provided by par-baked bread is expanding the market growth. Consumers can finish baking the partially baked bread at home and consume the freshly baked product with a restaurant-like experience. These products last in the freezer for a longer time with a good shelf life of about 12 months. Only the needed amount of bread can be baked and another part can be preserved further.
Innovation in technology and food production reduces food waste. According to Food Agricultural Organization, a total of 13% of food is wasted in supply chains in 2022. Further, a total of 17% is wasted in household sectors, food services, and retail. Food waste prevention initiatives drive the market. EPA estimates that almost 66 million tons of food waste of generated in the US in all sectors. Bread accounted for up to 240 million slices of bread.
With the rising demand for healthy convenience, producers are launching new and innovative products into the market. For instance, in September 2022, Allinson's launched Heat & Eat Rolls. These products take just 5 minutes to get ready into freshly baked bread from a frozen state. These products are available in two varieties: a Scandalous Seeds Wholemeal and a Champion Wholemeal &Rye wholegrain blend.
Dynamics
Growing Demand Bakery Products
Bakery products like bread, biscuits, cakes and others are receiving immense popularity among consumers of all generations. Bakery products have a wide range of benefits. Baked products possess a greater taste and texture. Bread is consumed as a staple food in many regions, including Central Asia and Europe. It helps in enhancing consumer diet. They possess reasonable amounts of nutrients and act as an energy booster.
Various vitamins and essential nutrients in bread and bakery products make it a good choice for a healthy diet. The rising bakery industries, worldwide are increasing the bakery products expansion. Most bakery products are famous for their freshness and quality. The growing demand for bakery products positively affects the par-baked bread market growth.
Rising Demand for Convenience Food Products
The changing lifestyles and people's busy schedules drive the growth of convenient food products. The increasing employment-population ratio is making the working population hectic with various things to deal with daily. The working population is craving food products that are healthy and convenient at the same time.
The par-baked bread requires less time for its preparation. As they are already half-baked, the time required to prepare them is less than that of conventional preparation. The consumer can consume healthy bread that is freshly baked at home conveniently. The food service sectors can also be benefited from these products as they help in saving their product preparation time. The increasing demand for these products in the commercial and household sector drive market growth.
New Product Launches
Consumers are actively looking for new and innovative product launches in every field of the food category. The changing consumer preferences and demand for healthy and tasty food products like motivating manufacturers to increase their R&D activities and produce various new products. With the healthy eating trend, consumers are focusing on healthier bakery products.
The new launches of products in this category with functional benefits drive market growth. High-fiber, gluten-free, and nutritious bakery products have been in demand recently. With the increased cases of gluten intolerance, the demand for gluten-free bakery items like bread is also increasing. Manufacturers are using alternative flour and grains to produce healthier products.
Complex Processing
Par-baked bread needs to undergo various phases of processing. The complex processing steps involved in preparing par-baked bread make it difficult for the manufacturers to produce a better product. Par-baked bread undergoes partial baking, which can be difficult to control in large-scale production. The partial baking and rapid freezing of the products for storage must be technically handled with the respective time and other parameters.
The processing needs to be carefully handled. Cases of under-baking and over-baking can damage the batch processes. There are chances of a change in the quality of the product. Moisture and flavor loss can occur in the phase change of the product. It is believed that twice heat and baking can be a purpose of energy waste. The quality issues such as rapid staling and flaking crust can be challenges for this product.
The global par-baked bread market is segmented based on type, nature, packaging, distribution channel, end-user and region.
Ideal Product Availability
The global par-baked bread market is segmented into rolls, baguettes, loaf, ciabatta, polka bread and others based on their type. The rolls segment is subjected to hold the larger segment share. The availability of these rolls in various sizes and shapes primarily increases segment growth. They can be consumed directly or can be used in the preparation of sandwiches and burgers.
Rolls require minimal effort in their preparation. They don't require much processing and baking time compared to that other par-baked products. They are inexpensive and ideal for breakfast use. These products are available in various textures and styles. With the increasing consumer demand for different flavors, the manufacturers are producing rolls in different varieties, including savory and sweet.
Increased Demand for Packaged Food Products
Rising health awareness among people and the need for healthy and freshly baked bakery products drive the market in this region. Bread has been a staple food for Americans. 53 pounds is bread is consumed by an American consumer annually. The growing working population and increased demand for convenient food products positively affect market growth.
According to United States Federal Reserve, the employment-population ratio of US was around 60.4%. The busy lifestyles of people are driving the market for ready-to-bake bakery products. The increasing demand for these products in the United States, Canada and other parts of this region boosts market growth.
The availability of these products in all food sector outlets and the development in the use of e-commerce platforms positively help the market. The rise in popularity of frozen food products and advancements in the distribution channels in the supply of these products fuel market growth. This region's convenience, quality and innovative bakery product developments drive the market growth.
The major global players in the market include Vandemoortele N.V., Delifrance, Country Style Foods, Europe Des Pains, Bakery De France, Prima International, Menissez, Richs USA, Lantmannen Unibake and Panamar Bakery Group.
The outbreak of the COVID-19 pandemic positively impacted the global par-baked bread market. Initially, a reduction in the availability of raw materials and improper resources decreased the production processes. The strict government regulations and social distancing shut down the production areas of all types of industries, including the bakery sector. The reduced worker availability in the industry decreased the production and processing of products.
The interrupted supply chain activities and distribution channels reduced the market economy. The import and export restrictions halted production. On the other hand, packed and convenient healthy food products were in demand during the pandemic. People became health conscious and increased their consumption of healthy products. The rising consumption of packaged food, in turn, had a positive impact on the par-baked bread market.
The unavailability of freshly baked products due to the shutdown of bakeries, increased demand for these products that were ready to consume. In addition, the increased use, accessibility and popularity of the e-commerce sector and the wide availability of these products in online sales increased the market demand.
The Russia-Ukraine war had a negative impact on every industrial sector, including the bakery industry. The labor shortage and a lack of resources for production badly impacted the market. The interrupted processes at the industrial level had a negative effect on product production. The disrupted distribution channels and decreased market growth.
The scarcity of raw materials, reduced workforce, and distribution channel disruption affected the packaged food products market growth, thereby affecting the par-baked bread market. The war created import and export trade disruptions, resulting in economic disturbances. The political and economic uncertainty created due to the war had a negative impact on the par-baked bread market.
The global par-baked bread market report would provide approximately 77 tables, 80 figures and 229 Pages.
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