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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.
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.
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.
In 2023, a loaf of fresh white bread of 500 grams cost 1.41 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 1.19 U.S. dollars, while it amounted to 1.08 U.S. dollars in Lagos, Nigeria. The African countries where bread was most expensive were Uganda, South Africa, and Mauritius.
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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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) |
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.
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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) |
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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The global bakery products market, valued at $621.58 million in 2025, is projected to experience robust growth, driven by several key factors. Rising disposable incomes, particularly in developing economies, are fueling increased consumer spending on convenient and indulgent food items, including bakery products. Changing lifestyles and busier schedules are contributing to the demand for ready-to-eat and ready-to-bake options, further boosting market expansion. Health and wellness trends are also influencing the market, with growing demand for healthier alternatives such as whole-grain breads, low-sugar pastries, and gluten-free options. Innovation in product offerings, including unique flavors, textures, and functional ingredients, is attracting consumers and driving market growth. Major players like Finsbury Food Group Plc, Grupo Bimbo SAB de CV, and Mondelēz International Inc. are leveraging their strong brand recognition and distribution networks to capture significant market share. However, fluctuating raw material prices, particularly wheat and sugar, pose a significant challenge to manufacturers, impacting profitability and potentially influencing pricing strategies. Furthermore, increasing health concerns regarding high sugar and fat content in traditional bakery products are driving demand for healthier alternatives, pushing manufacturers to adapt their product portfolios. The market is segmented by product type (bread, cakes, pastries, biscuits, etc.), distribution channel (supermarkets, hypermarkets, online retail, etc.), and region. The forecast period (2025-2033) anticipates continued growth, propelled by the factors mentioned above, with a Compound Annual Growth Rate (CAGR) of 5.45%. This positive growth trajectory is expected to continue throughout the forecast period (2025-2033), driven by ongoing innovation in product development, expanding distribution channels, and the increasing preference for convenient food options. The market will likely witness further consolidation as larger players acquire smaller businesses to expand their market reach and product portfolios. Geographical expansion, particularly in emerging markets with growing populations and rising disposable incomes, will also play a crucial role in market growth. However, manufacturers will need to carefully manage rising input costs and adapt to evolving consumer preferences for healthier and more sustainable bakery products to maintain a competitive edge and achieve long-term success. The industry will likely witness increased focus on sustainable sourcing of ingredients and environmentally friendly packaging to align with growing consumer demand for ethical and responsible products. Recent developments include: February 2023: Hostess Brands Inc. unveiled Hostess Kazbras, a novel snack cake that blends layers of cake, cream, candy crunch, and caramel, offering consumers a unique candy-bar-inspired treat.January 2023: Sara Lee, a brand under Bimbo Bakeries USA, introduced a new white bread infused with vegetables. Each loaf, fortified with vitamins A, D, and E, contains the nutritional equivalent of one cup of veggies, aligning with the company's commitment to healthier bread options.January 2023: The Campbell Soup Company announced plans to centralize its snack offices from Charlotte, North Carolina, and Norwalk, Connecticut, into its Camden headquarters. To accommodate this consolidation, the company intends to invest over USD 50 million in upgrading its Camden facilities over the next three years, leveraging the site's refurbishment for its revamped offices.. Key drivers for this market are: Surge in Demand for 'Free-from' Food Products, Demand For Convenient And Healthy On-the-go Snacking Options. Potential restraints include: Surge in Demand for 'Free-from' Food Products, Demand For Convenient And Healthy On-the-go Snacking Options. Notable trends are: Surge in Demand for 'Free-from' Food Products.
How much is a gallon of milk? In 2024, the average retail price of whole fortified milk in the United States was *** U.S. dollars, which was a decrease from the previous year. Milk production Dairy farming is an agricultural business which is engaged in the long-term milk production within the dairy industry. Dairy farming is a large contributor to the overall economy in many states. California, Wisconsin, and Idaho had the highest milk supply in 2022. Continuing the trend of each year breaking the record for milk production, an estimated ***** billion pounds of milk were produced in 2023. Milk consumption Since 2011, there has been a steady decline in milk consumption in the United States, with just **** liters consumed per capita compared to **** in 2011. This could be explained by consumers’ increasing shift towards plant-based dairy alternatives. In 2019, ** percent of consumers consumed soy products at least once a week, up from ** percent in 2010.
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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https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
All white pre-packaged regular bread regardless of size. Includes frozen and fresh bread.