North America Bread Market Forecast to 2030
North America Bread Market Forecast to 2030 – Regional Analysis – by Type (Loaves, Sandwich Bread, Baguettes, Burger Buns, and Others); Category (Organic and Conventional); and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others)
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Description
Increasing Demand for Convenience and Ready-To-Eat Products Fuel the North America Bread Market
The North America bread market is experiencing a surge in demand due to the increasing preference for convenience and ready to eat products. The hectic lifestyle of modern consumers, coupled with the need for quick and easy meal solutions, have led to a significant rise in the consumption of bread. Convenience driven factors such as ease of preparation, longer shelf life, and portability make bread a popular choice among busy individuals. Additionally, the availability of a wide variety of bread options, including loaves, sandwich bread, baguettes, burger buns, etc. caters to diverse consumer preferences and dietary requirements.
Furthermore, the COVID-19 pandemic has also contributed to the surge in the bread market. During lockdowns and restrictions, consumers turned to staple foods like bread, which are easy to store and have a longer shelf life. The pandemic induced rise in home baking and cooking activities also boosted the demand for bread, as people sought comfort in homemade meals and snacks. As a result, bakeries and bread manufacturers experienced increased sales and expanded their product offerings to cater to changing consumer preferences.
In conclusion, the increasing demand for convenience and ready to eat products, coupled with the impact of the COVID-19 pandemic, has significantly contributed to the growth of the global bread market. With consumers seeking quick and easy meal solutions, the demand for a variety of bread products continues to rise. As the market evolves, manufacturers are likely to innovate further to meet the changing needs and preferences of consumers, driving the expansion of the North America bread market.
North America Bread Market Overview
North America offers an extensive growth opportunity for the bread market key industry participants owing to the changing consumer behavior. The population in the region is increasingly looking for healthier and more convenient food options in baked goods such as bread, baguettes, bagels, and buns and rolls. As a result, there is a growing demand for whole grain and specialty bread, including gluten-free, organic, and artisanal varieties. In North America, bread is considered a convenient and time-saving food product for busy individuals and families; hence, the demand for ready-to-eat and on-the-go food products, such as sliced bread and sandwiches, is driving the bread market growth in North America. According to The Observatory of Economic Complexity (OEC), in 2021, the US imported US$ 7.47 billion in bakery products and became the largest importer of bakery products globally. Also, in 2021, bakery products were the 77th most imported product in the US, and the country primarily imports bakery products from Canada, Mexico, Italy, France, and Germany. Hence, the increase in imports of bakery products across the US indicates a growing consumption of bread among the population in North America.
In North America, a rise in consumer’s interest in health and wellness and increased health benefits of specific types of bread such as functional bread, sourdough, and ancient grain sliced bread are the key factors driving the demand for bread. Furthermore, this has also increased the demand for high-quality, nutrient-rich, gluten-free, and low-carb bread categories. Moreover, the North America Bread Market is offering specialty and artisanal bakery products, which resulted in the growing demand for high-quality ingredients and unique bread flavors. Consumers are willing to pay more for these premium bread categories. This has created a lucrative opportunity for bread manufacturers to innovate their products, making them premium and nutritious. Thus, all the abovementioned factors are expected to support the bread market growth across North America in the coming years.
North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
North America Bread Market Segmentation
The North America bread market is segmented based on type, category, distribution channel, and country.
By type, the North America bread market is segmented into loaves, sandwich bread, baguettes, burger buns, and others. The loaves segment held the largest market share in 2022.
Based on category, the North America bread market is bifurcated into organic and conventional. The conventional segment held a larger market share in 2022.
By distribution channel, the North America bread market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest market share in 2022.
In terms of country, the North America bread market is segmented into the US, Canada, and Mexico. The US dominated the North America bread market share in 2022.
Three Bakers Gluten-Free Bakery, Dr Schar AG, FGF Brands Inc, Dimpflmeier Bakery Ltd, Vibrant Health Products Inc, Wonder Brands Inc, Bakers Delight Holdings Ltd, Grey Matlock Bakery Inc, Grupo Bimbo SAB de CV, and Campbell Soup Co. are some of the leading players operating in the North America bread market.
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According to the research team’ research, the North America bread market was valued at US$ 58,713.53 million in 2023 and is expected to reach US$ 72,597.75 million by 2030, registering a CAGR of 3.1% from 2023 to 2030. High demand for gluten-free products and rising availability of bread through e-commerce platforms are among the critical factors attributed to the North America bread market expansion.
E-commerce platforms provide consumers the convenience of ordering baked goods, such as bread, from the comfort of their homes. Consumers can browse through a wide variety of bread, compare prices, and choose the trusted brands’ products from the labeling instructions and reviews of other consumers, and can place order. This convenience factor of e-commerce is particularly appealing to busy individuals or those who may not have easy access to physical grocery stores. According to the most recent 2020 ARTS release, e-commerce sales increased by $244.2 billion or 43% in 2020, the first year of the pandemic, rising from $571.2 billion in 2019 to $815.4 billion in 2020. Therefore, the recorded rise in e-commerce sales has further encouraged consumers across the globe to adopt e-commerce.
The growth of e-commerce has spurred innovation in packaging, shipping, and delivery methods to ensure the freshness and quality of the bread. Thus, companies have been developing specialized packaging techniques and optimizing delivery logistics to preserve the taste and texture of the bread during transit. On October 22, 2021, Dr Schär introduced the world’s first recycled plastic packaging for gluten-free bread. This initiative has created trust in food packaging expertise while maintaining their products’ taste, quality, and safety. Further, e-commerce platforms enable bread manufacturers and bakeries to establish direct consumer relationships. By bypassing the intermediaries and traditional retail channels, bakery manufacturers can better understand consumer preferences, receive feedback, and tailor their offerings accordingly. Thus, the major players such as Grupo Bimbo SAB de CV, Dr Schar AG, Dimpflmeier Bakery Ltd, Campbell Soup Co., and Wonder Brands Inc operating in the market are catalyzing their business by distributing their baked goods through e-commerce platforms, which, in turn, drives the North America bread market growth.
On the contrary, fluctuating prices of ingredients hurdles the growth of North America bread market.
By type, the North America bread market is segmented into loaves, sandwich bread, baguettes, burger buns, and others. The loaves segment held 36.0% market share in 2023, amassing US$ 21.13 billion. It is projected to garner US$ 25.03 billion by 2030 to expand at 2.4% CAGR during 2023-2030.
Based on category, the North America bread market is bifurcated into organic and conventional. The conventional segment held 79.8% market share in 2023, amassing US$ 46.82 billion. It is projected to garner US$ 57.60 billion by 2030 to expand at 3.0% CAGR during 2023-2030.
Based on distribution channel, the North America bread market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held 43.4% market share in 2023, amassing US$ 25.51 billion. It is projected to garner US$ 31.16 billion by 2030 to expand at 2.9% CAGR during 2023-2030.
Based on country, the North America bread market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 73.1% share of North America bread market in 2023. It was assessed at US$ 42.94 billion in 2023 and is likely to hit US$ 51.99 billion by 2030, exhibiting a CAGR of 2.8% during 2023-2030.
Key players operating in the North America bread market are Three Bakers Gluten-Free Bakery, Dr Schar AG, FGF Brands Inc, Dimpflmeier Bakery Ltd, Vibrant Health Products Inc, Wonder Brands Inc, Bakers Delight Holdings Ltd, Grey Matlock Bakery Inc, Grupo Bimbo SAB de CV, and Campbell Soup Co, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America Bread Market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the North America Bread Market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America Bread Market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
TABLE OF CONTENTS
1. Introduction
1.1 The Research Team Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 North America Key Insights
2.2 North America Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Bread Market Landscape
4.1 Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 The threat of New Entrants
4.2.4 The Intensity of Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Materials
4.3.2 Manufacturing Process
4.3.2.1 Mixing Ingredients
4.3.2.2 Rising (Fermentation)
4.3.2.3 Kneading
4.3.2.4 Proofing (Second Rising)
4.3.2.5 Baking
4.3.2.6 Cooling
5. North America Bread Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Convenience and Ready-To-Eat Products
5.1.2 Rising Availability of Bread Through E-Commerce Platforms
5.2 Key Market Restraints:
5.2.1 Fluctuating Price of Ingredients
5.3 Key Market Opportunities:
5.3.1 Product innovation
5.4 Future Trends:
5.4.1 High Demand for Gluten-Free Products
5.5 Impact of Drivers and Restraints:
6. Bread Market – North America Market Analysis
6.1 North America Bread Market Revenue (US$ Billion), 2022 – 2030
6.2 North America Bread Market Forecast and Analysis
7. North America Bread Market Analysis – Type
7.1 Loaves
7.1.1 Overview
7.1.2 Loaves: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.2 Sandwich Breads
7.2.1 Overview
7.2.2 Sandwich Breads: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.3 Baguettes
7.3.1 Overview
7.3.2 Baguettes: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.4 Burger Buns
7.4.1 Overview
7.4.2 Burger Buns: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
8. North America Bread Market Revenue Analysis – By Category
8.1 Overview
8.2 North America Bread Market, By Category (2022 and 2030)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9. North America Bread Market Revenue Analysis – By Distribution Channel
9.1 Overview
9.2 North America Bread Market, By Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
10. North America Bread Market – Country Analysis
10.1 Overview: North America Bread Market
10.1.1 North America Bread Market, by Key Country, (2022) (US$ Billion)
10.1.2 North America: Bread Market, By Key Country (2022 and 2030) (%)
10.1.2.1 United States: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.1.1 United States: Bread Market, by Type
10.1.2.1.2 United States: Bread Market, by Category
10.1.2.1.3 United States: Bread Market, by Distribution Channel
10.1.2.2 Canada: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.2.1 Canada: Bread Market, by Type
10.1.2.2.2 Canada: Bread Market, by Category
10.1.2.3 Mexico: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.3.1 Mexico: Bread Market, by Type
10.1.2.3.2 Mexico: Bread Market, by Category
10.1.2.3.3 Mexico: Bread Market, by Distribution Channel
11. North America Bread Market – Impact of COVID-19 Pandemic
11.1 Pre & Post COVID-19 Impact
12. Competitive Landscape
12.1 North America Heat Map Analysis by Key Players
13. Company Profiles
13.1 Three Bakers Gluten-Free Bakery
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Dr Schar AG
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 FGF Brands Inc
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Dimpflmeier Bakery Ltd
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Vibrant Health Products Inc
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Wonder Brands Inc
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Bakers Delight Holdings Ltd
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Grey Matlock Bakery Inc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Grupo Bimbo SAB de CV
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Campbell Soup Co
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 Appendix
LIST OF TABLES
Table 1. North America Bread Market Revenue and Forecasts To 2030 (US$ Billion)
Table 2. United States: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 3. United States: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 4. United States: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 5. Canada: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 6. Canada: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 7. Canada: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 8. Mexico: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 9. Mexico: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 10. Mexico: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 11. North America Company Positioning & Concentration
LIST OF FIGURES
Figure 1. North America Bread Market Segmentation, By Country
Figure 2. Porter’s Five Forces Analysis
Figure 3. Ecosystem: North America Bread Market
Figure 4. North America Bread Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. North America Bread Market Revenue (US$ Billion), 2022 – 2030
Figure 7. North America Bread Market Share (%) – Type, 2022 and 2030
Figure 8. Loaves: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 9. Sandwich Breads: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 10. Baguettes: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 11. Burger Buns: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 12. Others: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 13. North America Bread Market Revenue Share, By Category (2022 and 2030)
Figure 14. Organic: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 15. Conventional: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 16. North America Bread Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 17. Supermarkets and Hypermarkets: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 18. Specialty Stores: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 19. Online Retail: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 20. Others: North America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 21. North America: Bread Market Revenue Share, By Key Country (2022 and 2030)
Figure 22. United States: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 23. Canada: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 24. Mexico: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
The List of Companies – North America Bread Market
o Three Bakers Gluten-Free Bakery
o Dr Schar AG
o FGF Brands Inc
o Dimpflmeier Bakery Ltd
o Vibrant Health Products Inc
o Wonder Brands Inc
o Bakers Delight Holdings Ltd
o Grey Matlock Bakery Inc
o Grupo Bimbo SAB de CV
o Campbell Soup Co
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