PUBLISHER: Market Research Future | PRODUCT CODE: 1522711
PUBLISHER: Market Research Future | PRODUCT CODE: 1522711
US & Canada Flatbread Market Research Report by Product Type (tortilla, naan, pita, focaccia, lavash, pizza {inc. fresh & frozen}), by Material (upcycled material and plant based), End User (residential and commercial), Nature (Organic, Regular, and Gluten-Free), Form (frozen and regular), Distribution Channel (Bakery Stores, Deli, and Others)- Forecast to 2032
The US & Canada Flatbread market is projected to witness significant growth during the review period, exhibiting a CAGR of 7.34%. The market was estimated to be USD 38.59 billion in 2022 and is expected to reach a value of USD 76.69 billion by the end of the forecast period (2023-2032).
The market dynamics associated with the flatbread market are mainly identified by a complex interaction of factors that have evolved over the years. In recent years, flatbreads have experienced both growth and challenges, shaping the dynamics of the market. The U.S. & Canada flatbreads market has observed momentous growth in the last few years owing to the increasing application of flatbreads, and the growing popularity of several ethnic cuisines, followed by surging demand for on-the-go food products. Increasing rivalry from other food products and shifting dietary preferences among the population are the major factors that are anticipated to hamper the flatbread market across the regions. In addition, the shorter shelf life of the flatbread is among the major challenges that are creating a challenging environment for the overall market growth. Besides that, Innovation in flavors and toppings, along with clean-label products created flourishing prospects for flatbreads across the U.S. and Canada. The emphasis of manufacturers on the development of clean-label products in terms of quality and transparency not only enhances consumer trust but also opens new avenues for differentiation and market expansion. These are the major factors that are anticipated to create the most lucrative prospects for the market in the forthcoming years.
Based on the product type, the U.S. & Canada flatbreads market has been bifurcated into tortilla, naan, pita, focaccia, lavash, pizza (inc. fresh & frozen), and others.
Based on the material, market has been bifurcated into upcycled material and plant based.
Based on the end-user, the U.S. & Canada flatbreads market has been bifurcated into residential and commercial.
Based on nature, the U.S. & Canada flatbreads market has been bifurcated into organic, regular, and gluten-free. Based on the form, the market has been bifurcated into frozen and regular.
Based on the distribution channel, the market has been bifurcated into bakery stores, deli, and others.
The major players in the market are Tyson Foods, Inc., Wright, Aidells, Jimmy Dean, Hillshire Farm, Ball Park, State Fair, FGF Brands, Atoria's Family Bakery, Kontos, Toufayan Bakeries, Klosterman Baking Company, Bakestone Brothers, Byblos Bakery, GRUMA, S.A.B. de C.V, and Papa Pita.