This timeline depicts the retail price of whole wheat bread in the United States from 1995 to 2024. In 2024, the U.S. price for one pound of whole wheat bread amounted to *** U.S. dollars, an increase of over ** percent compared to December 2021.
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All white pre-packaged regular bread regardless of size. Includes frozen and fresh bread.
The retail price of white pan bread in the U.S. hit an all-time high in 2024 at 1.91 U.S. dollars per pound. The price jumped over five percent compared to December of 2023 and is over a dollar higher than the price in 1995.
The average retail price of bread in Canada was ***** Canadian dollars per *** grams in October 2024. In October 2024, the price of bread was at **** dollars for *** grams. The Canadian bread market Retail sales of bread in Canada reached around **** billion U.S. dollars in 2017, this figure was forecast to increase to around **** billion U.S. dollars by 2022. Sales of packaged or industrial bread clearly outperform those of unpackaged or artisanal bread - in 2017, total sales of unpackaged bread amounted to around *** million U.S. dollars, whilst sales of packaged bread totaled approximately **** billion U.S. dollars. International trade In 2019, the value of bread exported from Canada was almost double that of the amount which they imported. Exports reached around *** billion Canadian dollars, whilst imports were valued at about *** billion Canadian dollars.
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All white pre-packaged regular bread regardless of size. Includes frozen and fresh bread.
In Canada, the price of bread per unit was approximately **** U.S. dollars in 2022.The Canadian bread price is forecast to increase to **** U.S. dollars per unit in 2028.
Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.
In 2023, a loaf of fresh white bread of *** grams cost **** U.S. dollars in Accra, Ghana. This was the highest price among the selected African cities. In Kampala, Uganda, the price of a loaf of bread averaged **** U.S. dollars, while it amounted to **** U.S. dollars in Lagos, Nigeria. The African countries where bread was most expensive were Uganda, South Africa, and Mauritius.
In 2022, a loaf of fresh white bread weighted 500 grams cost 1.11 U.S. dollars in Uganda, the highest price among the selected African countries. By comparison, the price of a loaf of bread averaged 0.87 U.S. dollars in South Africa and 0.68 U.S. dollars in Mauritius.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 5.26(USD Billion) |
MARKET SIZE 2024 | 5.44(USD Billion) |
MARKET SIZE 2032 | 7.1(USD Billion) |
SEGMENTS COVERED | Type ,Capacity ,Features ,Application ,Price Range ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rise in disposable income Increasing health consciousness Growing popularity of home baking Wide range of bread varieties Product innovation and convenience |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Zojirushi ,Breville ,Panasonic ,Cuisinart ,KitchenAid ,Hamilton Beach ,Oster ,Proctor Silex ,Sunbeam ,Black & Decker ,Krups ,Morphy Richards ,De'Longhi ,Russell Hobbs |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Smart bread makers with app connectivity Bread makers with specialty baking functions Compact bread makers for small spaces Bread makers with automatic ingredient dispensers Bread makers with glutenfree and lowcarb options |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.4% (2024 - 2032) |
As of May 2024, the average price in Nigeria for a unit of frozen chicken added up to slightly over 4,829 Nigerian naira (NGN), which equaled 3.2 U.S. dollars. One kilogram of boneless beef cost 4,712 NGN (3.14 U.S dollars), whereas one piece of medium-sized chicken eggs reached nearly 151 NGN (10 cents).
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Bread production sales have edged upwards in recent years. Ongoing changes in consumer lifestyles and attitudes have provided new opportunities for bread makers to tap into niche or premium markets, including gluten-free and artisan bread. Even so, external competition from instore supermarket bakeries has constrained revenue. Fluctuating input prices have added to the downward pressure on revenue growth and limited profit margins. Rising nutritional concerns, particularly relating to carbohydrate consumption, have also negatively affected bread producers. As has a continued shift in consumer preferences away from factory-produced breads in favour of fresh, locally produced bread made with locally sourced ingredients. The COVID-19 outbreak in 2019-20 temporarily challenged bread producers, although the industry has since recovered. Overall, bread production revenue is expected to rise at an annualised 2.2% over the five years through 2024-25, pushed up by higher prices in the face of cost-inflationary pressures. This trend includes an anticipated rise of 1.9% in 2024-25, bringing revenue to an estimated $3.7 billion. Going forwards, bread production revenue is set to edge upwards. Expanding demand for specialty high-value breads, including gluten-free and paleo bread, will drive growth in niche and artisan bread product segments. Bake-at-home, par-baked and flash-baked premium bread products that target the food-service sector will also support revenue. Bread producers will increasingly alter their production processes to minimise food waste, which may include loaf size variations in line with changing consumption behaviours. Similarly, packaging options are set to change as bread producers focus more on reducing plastic waste in line with sustainability practices. Revenue is forecast to inch upwards at an annualised 1.5% over the five years through 2029-30, to $4.0 billion.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 3.0(USD Billion) |
MARKET SIZE 2024 | 3.08(USD Billion) |
MARKET SIZE 2032 | 3.8(USD Billion) |
SEGMENTS COVERED | Slicing Capacity ,Functionality ,Material ,Design ,Price Range ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising demand for convenience Growing popularity of artisanal bread Technological advancements in toasting capabilities Increasing health consciousness Changing consumer preferences |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Breville ,Cuisinart ,De'Longhi ,Hamilton Beach ,KitchenAid ,Oster ,Proctor Silex ,Russell Hobbs ,Sunbeam ,T-Fal ,Toshiba ,Waring ,Wolf ,Zojirushi |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Smart Toaster Automated Toasting Compact Toasters EcoFriendly Toasters MultiFunctional Toasters |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 2.66% (2024 - 2032) |
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 3.72(USD Billion) |
MARKET SIZE 2024 | 3.86(USD Billion) |
MARKET SIZE 2032 | 5.2(USD Billion) |
SEGMENTS COVERED | Distribution Channel ,Bread Type ,Price Range ,Bakery Type ,Packaging ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rising demand for healthier bread options Increasing popularity of home baking Growing awareness of the benefits of traditional bread Government initiatives to promote local production Expanding distribution channels |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | AlRayan Poultry Company ,United Foods Company ,Hira Sweets Company ,Saad AlDossary Bakery & Confectionery ,Qatar Industrial Manufacturing Company ,AlSafwa Food Industries ,AlFaisal Food Manufacturing Company ,AlWatania Poultry ,RAK Food ,AlKhaleej Sugar Refining ,AlJazeera Bakery & Confectionery ,Gulf Flour Mill Company ,Al Rawabi Dairy Company ,AlMana International Group ,AlAhli Holding Group ,Fine Hygienic Holding ,Al Mirqab Capital ,Abdullah Abdulghani & Bros. Co. W.L.L ,Umm AlQura Flour Mills Company ,Masafi Bakery & Confectionery ,AlSultan Bakery & Confectionery ,Doha Flour Mills Company ,National Flour Mills Company |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | Online Sales Expansion HealthConscious Consumerism Niche Product Offerings CrossBorder Partnerships Government Subsidies |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.81% (2024 - 2032) |
In 2024, center store breads, was the second best-selling bakery products category in the United States, with sales amounting to a total of approximately **** billion U.S. dollars. Bakery product unit sales There were various kinds of bread, pastry, and dough-based products on the U.S. market in 2020. That year, American consumers purchased over *** billion pastries and donuts, making them some of the most popular sweet baked product options. People bought a similar number of snack bars and granola bars, while refrigerated cheesecake unit sales amounted to some ** million. The price of bread In 2019, consumers in the United States would pay less than ************** U.S. dollars per pound of white pan bread on average. This yeast-leavened bakery product made from white or refined flour is typically made in a pan to keep its consistent loaf shape. At roughly *** U.S. dollars per pound, the retail price of whole wheat bread was considerably higher than that of white bread. Made from whole wheat flour, this type of bread tends to have a darker crust, as well as a stronger aroma and flavor.
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This timeline depicts the retail price of whole wheat bread in the United States from 1995 to 2024. In 2024, the U.S. price for one pound of whole wheat bread amounted to *** U.S. dollars, an increase of over ** percent compared to December 2021.