Snapshot img

Bread Market Size 2025-2029

The bread market size is forecast to increase by USD 129.7 billion at a CAGR of 7.1% between 2024 and 2029.

The market is experiencing significant growth, driven by the rising urbanization and changing consumer preferences towards healthier food options. The increasing demand for organic and gluten-free bakery products reflects this trend, as consumers seek more nutritious and customized food choices. However, the market is not without challenges, as fluctuating raw material prices pose a significant threat to profitability. Bakery businesses must navigate these price fluctuations and adapt to evolving consumer demands to capitalize on the market's growth opportunities. Strategic sourcing, product innovation, and operational efficiency will be key differentiators for companies seeking to stay competitive in this dynamic market. Effective supply chain management and collaboration with suppliers will be crucial to mitigating the impact of raw material price volatility. Additionally, investing in research and development to create innovative, health-conscious bakery products will help companies meet the evolving needs of health-conscious consumers and capture market share. Overall, the market presents a compelling growth opportunity for businesses that can effectively navigate these trends and challenges.

What will be the Size of the Bread Market during the forecast period?

Request Free SampleThe market encompasses a wide range of baked goods, including whole meal bread and specialty bread, with e-commerce sales increasingly driving growth. Consumers' preferences for healthier options have led to the popularity of bread with high protein content and the incorporation of legumes like lentils. Sustainability is a key trend, with recycled plastic packaging gaining traction. Organic bread and value-added products, such as functional food items and fillings, are also in demand. The bread industry caters to household staples and convenience-seeking consumers, with private labels and e-commerce platforms playing significant roles. Natural and functional ingredients, regional bread specialties, and clean label bread are other noteworthy trends. Delivery methods and innovation in filling and specialty bread continue to shape the market dynamics. Bread manufacturers are focusing on meeting the evolving needs of health-conscious consumers by offering products with natural ingredients and functional benefits.

How is this Bread Industry segmented?

The bread industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductArtisan breadPackaged breadOthersDistribution ChannelOfflineOnlineVariantConventionalGluten freeTypeFreshFrozenGeographyEuropeFranceGermanyItalyThe NetherlandsUKNorth AmericaUSCanadaAPACChinaIndiaJapanSouth AmericaMiddle East and Africa

By Product Insights

The artisan bread segment is estimated to witness significant growth during the forecast period.The artisan the market is experiencing consistent growth due to the increasing preference for specialty bakery items among health-conscious consumers. Artisan bread, including ethnic varieties, is often sold within a short timeframe after manufacturing, adding to its appeal. Supermarkets and hypermarkets now stock a variety of artisan bread, making it easily accessible to consumers. The segment's expansion is further fueled by the trend of multiple purchasing and the availability of various artisan bread types. Moreover, the use of natural and functional ingredients, such as soy, in artisan bread production caters to the demand for wholesome and healthy food options. Additionally, the aging population and changing consumer behavior towards convenience and sustainable practices are contributing factors to the market's growth. Artisan bread manufacturers focus on direct consumer relationships, offering high-protein and whole grain options, as well as clean label and fortified bread. The market also includes organic bread and household staples, such as whole meal bread, which cater to diverse consumer lifestyles and dietary requirements. E-commerce sales and home delivery services are increasingly popular, with e-commerce platforms offering a wide range of bread types and regional specialties. Recycled plastic packaging is also gaining traction as a sustainable practice in the bread industry. Overall, the artisan the market is evolving to meet the demands of consumers seeking healthy, convenient, and sustainable baked goods.

Get a glance at the market report of share of various segments Request Free Sample

The Artisan bread segment was valued at USD 107.90 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to

Global Bread And Bakery Products market size is expected to reach $298.78 billion by 2029 at 5.7%, segmented as by type, bread, cake and pastries, other bread and bakery products

This statistic shows the estimated market volume of bread and bakery products worldwide from 2017 to 2025. In 2017, the global market for bread and bakery products amounted an estimated volume of approximately **** million tons and it is expected to reach to *** million tons by 2025.

The Bread Market Report Segments the Industry Into Product Type (Leavened Bread and Unleavened/Flat Bread), Ingredient (Wheat Bread, Rye Bread and Others), Nature (Conventional Bread, Free-From Bread), Distribution Channel (Off-Trade and On-Trade), and by Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Global Bakery Market was valued at USD 661.91 Billion in 2024 and is expected to reach USD 982.26 Billion by 2030 with a CAGR of 6.8%

Global bakery goods manufacturing has nearly stagnated in recent years because of numerous challenges. Demand for bakery products has risen slowly in the mature markets of Western Europe and North America, which has caused manufacturers to seek opportunities in higher-growth regions. These have just barely been enough to offset revenue contraction overall. Through the end of 2024, revenue for global bakery goods manufacturers is expected to inch up at a CAGR of 0.8% to reach $415.9 billion, with a 2.8% boost in revenue expected in 2024, while profit will likely drop to 2.7% in 2024. While demand for industry products has stagnated in saturated markets, growing demand for these goods in emerging and developing countries has helped manufacturers in these regions achieve organic growth. Rising disposable income levels in South America, where per capita bread consumption is exceptionally high, have enabled consumers to purchase more packaged baked goods. Similarly, shifting consumer tastes in China and accompanying rising incomes have caused Chinese consumers to gravitate toward packaged bakery goods. While bread is not a staple food item in North Asian countries, more consumers have begun incorporating sweetbreads into their daily diets. Bakery goods manufacturers will strengthen over the next five years, supported by industry growth in emerging markets. As consumers worldwide obtain greater discretionary income, the leading global bread and bakery goods manufacturers will likely expand operations in Asia, the Middle East, Eastern Europe and Africa, driving the industry's growth in these regions. While demand for traditional baked goods is expected to stagnate in mature markets, producers will likely focus on introducing a greater variety of premium products in Western Europe and North America. Over the next five years, global bakery manufacturers' revenue is expected to expand at a CAGR of 2.5% to reach $469.8 billion.

The global bread market, currently valued at approximately $XX million (estimated based on available data and industry trends), is projected to experience steady growth, with a Compound Annual Growth Rate (CAGR) of 3.55% from 2025 to 2033. This growth is driven by several key factors. Rising disposable incomes in developing economies are fueling increased demand for convenient and affordable food options, including bread. Changing consumer lifestyles and the increasing preference for ready-to-eat and on-the-go meals further contribute to market expansion. Health-conscious consumers are driving demand for specialized breads with added nutrients, whole grains, and reduced sodium content, while innovation in product offerings, such as artisan breads and gluten-free options, cater to diverse preferences. The expansion of organized retail channels like supermarkets and hypermarkets, coupled with the growth of online grocery delivery services, provides increased accessibility and convenience for consumers, supporting market growth. However, fluctuating raw material prices, particularly wheat, and intense competition from alternative food items can pose challenges to the industry's sustained expansion. Segmentation within the bread market reveals significant opportunities. Loaves, baguettes, and rolls remain dominant product types, while the demand for specialized varieties like ciabatta and burger buns is increasing rapidly. The distribution channel analysis highlights the importance of supermarkets and hypermarkets, which currently hold a large market share. However, the burgeoning online retail segment presents a considerable avenue for future growth. Key players like Barilla Group, Grupo Bimbo, and Associated British Foods are leveraging their strong brand recognition and established distribution networks to maintain market dominance. Regional variations in consumption patterns exist; North America and Europe currently hold the largest market shares, while Asia-Pacific is expected to witness significant growth driven by increasing urbanization and changing dietary habits. The forecast period, 2025-2033, presents substantial opportunities for industry players to capitalize on emerging trends, innovate, and expand their market reach. Recent developments include: October 2021: Grupo Bimbo moved to add its presence in India through acquisitions, snapping up local firm KItty bread., June 2021: Bimbo Bakehouse, a division of Bimbo Bakeries USA, introduced a new line of five specialty buns for foodservice operators across the United States., March 2021: Food and beverage manufacturing giant Almarai acquired the United Arab Emirates and Bahrain operations of Bakemart, a producer of baked and packaged products, for a sum of USD 25 million.. Notable trends are: Rising Demand for Functional and Clean Label Food Products.

The global bakery products market size reached USD 532.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 701.1 Billion by 2033, exhibiting a growth rate (CAGR) of 3.1% during 2025-2033. The shifting consumer preferences, rapid urbanization and busy lifestyles, significant innovation and product diversification, premiumization and artisanal offerings, increasing e-commerce and online sales are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global bakery products market report, along with forecasts at the global and regional levels from 2025-2033. Our report has categorized the market based on product type and distribution channel.

In 2024, the global bread and bakery market increased by 3.7% to $906.7B, rising for the eighth consecutive year after two years of decline. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 when the market value increased by 4.7% against the previous year.

The Report Covers Global Frozen Bread Manufacturers & Consumption by Country and the Market is Segmented By Type (Conventional Bread and Gluten-Free Bread), Distribution Channel (Retail Channels and Food Service), and Geography(North America, Europe, Asia Pacific, South America, and Middle East and Africa). The market provides size and values in (USD million) during the forecasted years for the above segments.

Bakery Market size was valued at USD 366.27 billion in 2021 and is predicted to reach USD 557.59 billion by 2030.

Global Bakery market size 2025 is $550.6 Billion whereas according out published study it will reach to $829.994 Billion by 2033. Bakery market will be growing at a CAGR of 5.264% during 2025 to 2033.

Multigrain Bread Market Outlook

The global multigrain bread market size was valued at USD 7.8 billion in 2023 and is projected to reach USD 13.9 billion by 2032, growing at a CAGR of 6.7% during the forecast period. This growth is being driven by increasing consumer awareness regarding the benefits of consuming whole grains and the rising demand for healthier bread alternatives.

One of the key growth factors for the multigrain bread market is the rising health consciousness among consumers globally. As people become more aware of the health benefits associated with multigrain products, such as improved digestion and reduced risk of chronic diseases, they are increasingly incorporating these products into their daily diets. Multigrain bread, which contains a mix of grains like wheat, rye, barley, and oats, is particularly popular for its rich nutritional profile, including high fiber content, essential vitamins, and minerals. Additionally, the growing prevalence of lifestyle-related health issues, such as diabetes and obesity, is further propelling the demand for healthier food options, including multigrain bread.

Moreover, the market is also witnessing growth due to the expanding food service industry. Restaurants, cafes, and bakeries are increasingly offering multigrain bread as part of their menu to cater to the health-conscious segment of their customers. The trend of health and wellness has permeated the food service sector, and establishments are keen to provide nutritious options to attract and retain customers. This shift in consumer preference towards healthier foods is driving food service providers to innovate and include multigrain bread in their offerings, thereby boosting market growth.

Innovation and product development in the bakery industry are also significant growth drivers. Manufacturers are continually investing in research and development to create new and improved multigrain bread products that cater to varying consumer tastes and preferences. The introduction of new flavors, organic variants, and gluten-free options is attracting a wider consumer base. Additionally, advancements in packaging technology, which ensure longer shelf life and better quality preservation, are further contributing to the market's expansion.

Whole Grain Foods have become a cornerstone in the dietary habits of health-conscious consumers, significantly influencing the multigrain bread market. These foods, which include a variety of grains such as wheat, oats, barley, and rye, are celebrated for their comprehensive nutritional benefits. Whole grains are rich in fiber, vitamins, and minerals, which are essential for maintaining a healthy digestive system and reducing the risk of chronic diseases. As consumers become more informed about the advantages of incorporating whole grain foods into their diets, the demand for multigrain bread, which often features these grains, continues to rise. This trend is not only shaping consumer preferences but also driving manufacturers to innovate and expand their product offerings to include more whole grain options.

Regionally, North America and Europe are significant markets for multigrain bread, driven by high consumer awareness and demand for healthy food products. In North America, the market is fueled by the increasing popularity of health and wellness trends and the growing number of bakery chains offering multigrain options. Similarly, in Europe, the market is supported by strong bakery traditions and a high preference for nutritious food. The Asia Pacific region is also emerging as a lucrative market due to the growing urban middle class and rising disposable incomes, leading to increased consumption of healthier food products.

Product Type Analysis

The segment of product type in the multigrain bread market encompasses several varieties, including Whole Wheat Multigrain Bread, Rye Multigrain Bread, Barley Multigrain Bread, Oats Multigrain Bread, and others. Whole Wheat Multigrain Bread is particularly popular due to its high fiber content and numerous health benefits. Consumers prefer this type of bread as it combines the nutritional advantages of whole wheat with other grains, enhancing its appeal to health-conscious individuals. The rising trend of whole grains consumption is boosting the demand for whole wheat multigrain bread, making it a dominant product type in the market.

Rye Multigrain Bread holds a significant share within the market due to its uniqu

Low Calorie Bread Market Outlook

In 2023, the global low calorie bread market size was valued at approximately USD 2.5 billion, with a projected compound annual growth rate (CAGR) of 6.8% from 2024 to 2032. By 2032, the market is anticipated to reach around USD 4.8 billion. The significant growth factors driving this market include increasing consumer awareness about health and wellness, rising prevalence of lifestyle diseases such as obesity and diabetes, and a growing demand for healthier food alternatives.

One of the primary growth factors for the low calorie bread market is the increasing awareness of health and wellness among consumers globally. As more individuals become conscious of their dietary intake and its impact on health, the demand for healthier food options, including low calorie bread, has seen a notable surge. The trend is particularly strong among millennials and Gen Z, who are more likely to adopt health-conscious eating habits. Moreover, campaigns and initiatives by health organizations and governments to combat obesity and other lifestyle diseases are further propelling the market growth.

The rising prevalence of lifestyle diseases such as obesity and diabetes is another crucial factor driving the demand for low calorie bread. With a significant portion of the global population affected by these conditions, there is an urgent need for dietary changes to manage and prevent these diseases. Low calorie bread, with its reduced calorie content, offers an attractive alternative for individuals looking to reduce their caloric intake without compromising on taste or nutritional value. This shift towards healthier eating patterns is expected to sustain the market's growth momentum over the forecast period.

Another driving factor is the growing demand for healthier food alternatives, propelled by changing consumer preferences and increasing disposable incomes. As consumers become more willing to spend on premium food products that offer health benefits, the market for low calorie bread is set to expand. Additionally, innovations in food technology and ingredient sourcing are enabling manufacturers to produce low calorie bread with enhanced taste and texture, further boosting consumer acceptance and market penetration.

Regionally, North America and Europe have been the largest markets for low calorie bread, primarily due to high levels of health awareness, established retail infrastructure, and significant disposable income. However, the Asia Pacific region is expected to witness the highest growth rate over the forecast period, driven by rapid urbanization, rising health consciousness, and increasing incidences of lifestyle diseases. The growing middle-class population in countries like China and India is also contributing to the rising demand for low calorie bread in this region.

The concept of Low-Calorie Food has gained significant traction in recent years, as consumers become more mindful of their dietary choices and the impact these have on their overall health. Low-calorie foods, including bread, are designed to provide essential nutrients while reducing caloric intake, making them ideal for those looking to manage weight or prevent lifestyle-related diseases. This trend is not just limited to bread but extends to a variety of food products, as manufacturers innovate to meet the growing demand for healthier alternatives. The inclusion of low-calorie options in everyday diets is becoming increasingly common, as individuals seek to balance taste and nutrition without compromising on either.

Product Type Analysis

The low calorie bread market can be segmented into various product types including Whole Grain, Multigrain, Gluten-Free, and Others. Each of these segments caters to specific consumer needs and preferences, contributing to the overall market dynamics. The Whole Grain segment is particularly popular among health-conscious consumers due to its high fiber content and associated health benefits such as improved digestion and reduced risk of chronic diseases. Whole grain low calorie bread is often perceived as a wholesome and nutritious option, driving its demand across various demographics.

Multigrain low calorie bread is another significant segment, featuring a blend of different grains that offer diverse nutritional benefits. This type of bread is favored for its rich taste and texture, as well as its high content of essential nutrients like vitamins, minerals, and antioxidan

Global Gluten-Free Bakery market size 2025 was XX Million. Gluten-Free Bakery Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Global Bread and Roll market size 2025 was XX Million. Bread and Roll Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The Bakery Products Market report segments the industry into Product Type (Cakes and Pastries, Biscuits, Bread, Morning Goods, Other Product Types), Distribution Channel (Supermarkets/Hypermarkets, Convenience/Grocery Stores, Speciality Stores, Online Retail Stores, Other Distribution Channels), and Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa).

According to Cognitive Market Research, The Global Banana Bread market size is USD 1.3 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 4.20% from 2023 to 2030.

The demand for banana bread is increasing due to a rise in the demand for nutritionally balanced baked goods, rising consumer awareness of the importance of taking care of one's health, an increase in the number of city dwellers, and a general increase in disposable income. 
The Unflavored market's demand for banana bread remains high because banana bread without any flavoring is considered healthier.
The supermarkets and hypermarkets category held the highest banana bread market revenue share in 2023.
Asia-Pacific banana bread will continue to lead, whereas the Middle East and Africa banana bread market will experience the most substantial growth until 2030.

Rising Interest and Preferences of Consumers is Driving the Market Output

Consumer tastes heavily influence decisions on banana bread, increasing the need for banana bread, ends in health and fitness, and a penchant for comfort foods tend to propel banana bread to the top of the popularity rankings. Because of its sentimental appeal and widespread acceptance as a banana bread, popularity has risen, which will impact the growth of the banana bread industry during the predicted time frame.

For instance, in June 2023, Mama Kaz started on Delicious and Nutritious. This bread is made with bananas and ripe blueberries—no dairy required!

(Source: www.mamakaz.com.au/products/banana-bread-banana-blueberry)

Increased Usage of Social-Media to Propel Market Growth

The proliferation of social media sites is largely responsible for banana bread's rapid reach to fame. Images, recipes, and stories about banana bread shared on social media sites like Instagram and Pinterest have the potential to go viral, which would be great for the industry, and demand will increase in the coming years.

For instance, in May 2023, Vestar Capital Partners announced that it would be acquiring a modest share in Simple Mills, the most popular natural cookie brand and the market leader in clean-label baking mixes and crackers.

(Source: www.simplemills.com/SimpleMills/media/NewsAndMedia/Vestar-Press-Release-for-site.pdf)

Market Dynamics of the Banana Bread

Competitive with Similar Baked Goods to Restrict Market Growth

The banana bread industry is very competitive, with numerous different baked items competing with banana bread in the market. Banana bread's level of popularity could rise or fall depending on what other baked goods and desserts are currently trending. The cutthroat rivalry in the baked goods industry may stifle the banana bread market.

Impact of COVID–19 on the Banana Bread Market

The pandemic's disruptions to global supply networks affected the production and distribution of the banana bread market. The COVID-19 pandemic caused a dramatic shift in consumer tastes and habits. Amid all the restrictions and lockdowns, many people found solace in baking at home. Having handmade food on hand was a huge help, and the urge for something constructive and reassuring to do in these difficult times led many individuals to bake banana bread. Sales of baking supplies like flour and yeast went up as a result. Introduction of the Banana Bread Market

A major factor is the rising popularity of banana bread, which mainly drives the growing need for baked goods that are delicious for consumers. This is because people's food tastes are changing, and there is an overall increase in health consciousness. This is happening simultaneously with rising disposable incomes and fast urbanization. Additionally, health-conscious shoppers and those who are gluten intolerant are jumping on the bandwagon for gluten-free banana bread. This, in addition to the widespread availability of products through both online and offline organized shopping platforms, is anticipated to fuel the market's expansion substantially more growth over the next few years.

For instance, in September 2023, the Norwich, Vermont-based King Arthur Baking Company and the Brevard, North Carolina-based TVS were pleased to announce their innovative partnership. The partnership will increase the accessibility of King Arthur's premium baking mixes and flours and provide inclusive employment opportunities...

The global bread and bakery market earned total revenues of 234.4 billion USD in 2015, representing a compound annual growth rate (CAGR) of 3.5% from 2007 to 2015. However, in physical terms, the market showed more modest growth, annually rising by 0.6% over the period under review. By 2015, global bread and bakery consumption reached 128.3 million tons.

In 2014, the U.S. (11%), the UK (8%), France (7%) and Germany (7%) were the leading destinations of imports on the bread market, together making up 33% of global imports in physical terms. While the share of the U.S. decreased, the share of the balance of the countries was relatively stable.