South & Central America Bread Market Forecast to 2030
South & Central 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)
$2,485 – $3,885
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Description
Product Innovations Fuel the South & Central America Bread Market
Growing consumer awareness regarding health and wellness has significantly increased the demand for healthier bread varieties. The consumers strictly follow their specific ingredient requirements, such as gluten-free, low-carb, high-fiber, or whole-grain bread. Growing consumer priorities and their increasing preference for healthier food consumption have also increased the demand for organic bakery products such as bread, baguettes, bagels, and buns and rolls. Therefore, to cater to the increasing number of healthy products demands, bread manufacturers are extensively innovating the products, including artisanal breads, functional breads, and fortified bread, by incorporating bread with functional ingredients such as seeds, nuts, ancient grains, vegetables, and different vitamins and minerals. Bakers continuously introduce new and innovative products to remain competitive in the market and attract customers. For instance, bakers create traditional breads and loaves using an unusual combination of ingredients such as carrots, beetroot, spinach, and other vegetables. They also incorporate cumin, turmeric, and cinnamon as special ingredients to experiment with the flavors. For instance, Sara Lee, a brand of Grupo Bimbo SAB de CV bread makers, in January 2023, announced the latest addition to its product portfolio, which is ‘White Bread Made with Veggies.’ It is enriched with vitamins A, D, and E and baked with the equivalent of one cup of vegetables per loaf, making a practical option for adding some extra nutrients to any meal.
The bread producers are continuously investing in R&D with respect to ingredients to develop light, natural, low-carb, high protein, and additive-free bread for consumers. Therefore, evolving change in consumers’ need for taste and preference has resulted in a high demand for specialty and functional bread, which is expected to provide lucrative opportunities for bread producers.
South & Central America Bread Market Overview
The growing population and urbanization in Brazil, Argentina, and other South & Central American countries have increased the demand for convenient and ready-to-eat food products such as bread. Busy lifestyles and changing dietary preferences have led to higher consumption of bakery products, including bread, as a staple food in the region. Bread is a quick and easy meal option, along with its portability, which makes it a popular choice among consumers seeking on-the-go food product solutions. Hence, manufacturers are increasingly innovating their products and expanding their regional consumer bases. For instance, in March 2023, Brazi Bites, a naturally gluten-free baked goods manufacturer, announced the launch of a new type of bread—Everything Brazilian Cheese Bread. This bread is incorporated with the brand’s cheddar and parmesan cheeses.
In addition, the rising awareness regarding health and well-being has led to a shift in consumer preferences toward healthier bread options, such as whole grain, multigrain, and fortified bread. South & Central America has a rich culinary heritage, offering a wide variety of regional and artisanal breads. Capitalizing on these unique bread varieties can create opportunities for differentiation and expansion to the market players in the region. Also, the growth of e-commerce and online grocery platforms in South & Central America presents an opportunity for bread manufacturers to reach a wide consumer base and expand their market presence. However, price fluctuations in the prices of key raw materials such as flour (wheat, rye, barley, etc.) adversely impact the bread manufacturers’ profitability.
South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
South & Central America Bread Market Segmentation
The South & Central America bread market is segmented based on type, category, distribution channel, and country.
By type, the South & Central 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 South & Central America bread market is bifurcated into organic and conventional. The conventional segment held a larger market share in 2022.
By distribution channel, the South & Central 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 South & Central America bread market is segmented into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America bread market share in 2022.
Campbell Soup Co., Groupo Bimbo SAB de CV, Dr Schar AG, and Bread King Alimentos LTDA are some of the leading players operating in the South & Central America bread market.
Summary Info
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According to the research team’ research, the South & Central America bread market was valued at US$ 28,127.72 million in 2023 and is expected to reach US$ 35,617.97 million by 2030, registering a CAGR of 3.4% from 2023 to 2030. High demand for gluten-free products and product innovation are among the critical factors attributed to the South & Central America bread market expansion.
There is significance increase in the awareness and diagnoses of gluten-related disorders such as celiac disease and gluten sensitivity among the consumers. As a result, more individuals are seeking gluten-free alternatives to manage their conditions effectively. Celiac disease is an inherited autoimmune disorder. The symptoms are triggered by “gluten,” the name was given to specific proteins in wheat, including spelt and kamut, barley, rye, and a triticale—a cross between wheat and rye. In celiac disease, the body’s immune system responds abnormally to gluten, resulting in inflammation and damage to the lining of the small intestine and reduces the absorption of iron, calcium, vitamins A, D, E, K, and folate. The bread varieties are often made of wheat, barley, and rye.
Consumers suffering from celiac disorder often opt for gluten-free bread. Consumer preference for gluten-free bread encourages market players to develop new and innovative health beneficiary products. In May 2019, Three Bakers Gluten-Free Bakery, announced the launch of ‘Larger Gluten-Free Bread Loaves.’ These loaves are available in the new ‘Large Slice Whole Grain White’ and ‘Large Slice Golden Flax flavors.’ Thus, the ongoing trend of adoption of gluten-free bread is influencing the manufacturers to focus on introducing clean labeled, gluten-free products that provide nutritional benefits to the consumer.
On the contrary, fluctuating prices of ingredients hurdles the growth of South & Central America bread market.
By type, the South & Central America bread market is segmented into loaves, sandwich bread, baguettes, burger buns, and others. The loaves segment held 38.1% market share in 2023, amassing US$ 10.72 billion. It is projected to garner US$ 14.02 billion by 2030 to expand at 3.9% CAGR during 2023-2030.
Based on category, the South & Central America bread market is bifurcated into organic and conventional. The conventional segment held 94.1% market share in 2023, amassing US$ 26.46 billion. It is projected to garner US$ 33.19 billion by 2030 to expand at 3.3% CAGR during 2023-2030.
Based on distribution channel, the South & Central America bread market is categorized into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held 46.0% market share in 2023, amassing US$ 12.92 billion. It is projected to garner US$ 16.26 billion by 2030 to expand at 3.3% CAGR during 2023-2030.
Based on country, the South & Central America bread market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 45.5% share of South & Central America bread market in 2023. It was assessed at US$ 12.81 billion in 2023 and is likely to hit US$ 15.83 billion by 2030, exhibiting a CAGR of 3.1% during 2023-2030.
Key players operating in the South & Central America bread market are Campbell Soup Co., Groupo Bimbo SAB de CV, Dr Schar AG, and Bread King Alimentos LTDA, among others.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America Bread market.
o Highlights key in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the South & Central 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 South & Central America market trends and outlook coupled with the factors driving the South & Central 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 South & Central America Key Insights
2.2 South & Central America Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central 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. South & Central 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 – South & Central America Market Analysis
6.1 South & Central America Bread Market Revenue (US$ Billion), 2022 – 2030
6.2 South & Central America Bread Market Forecast and Analysis
7. South & Central America Bread Market Analysis – Type
7.1 Loaves
7.1.1 Overview
7.1.2 Loaves: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.2 Sandwich Breads
7.2.1 Overview
7.2.2 Sandwich Breads: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.3 Baguettes
7.3.1 Overview
7.3.2 Baguettes: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.4 Burger Buns
7.4.1 Overview
7.4.2 Burger Buns: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
7.5 Others
7.5.1 Overview
7.5.2 Others: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
8. South & Central America Bread Market Revenue Analysis – By Category
8.1 Overview
8.2 South & Central America Bread Market, By Category (2022 and 2030)
8.3 Organic
8.3.1 Overview
8.3.2 Organic: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
8.4 Conventional
8.4.1 Overview
8.4.2 Conventional: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9. South & Central America Bread Market Revenue Analysis – By Distribution Channel
9.1 Overview
9.2 South & Central America Bread Market, By Distribution Channel (2022 and 2030)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.2 Supermarkets and Hypermarkets: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.4 Specialty Stores
9.4.1 Overview
9.4.2 Specialty Stores: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.5 Online Retail
9.5.1 Overview
9.5.2 Online Retail: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
9.6 Others
9.6.1 Overview
9.6.2 Others: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
10. South & Central America Bread Market – Country Analysis
10.1 Overview: South & Central America Bread Market
10.1.2 South & Central America: Bread Market, By Key Country, (2022 and 2030) (%)
10.1.2.1 Brazil: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.1.1 Brazil: Bread Market, by Type
10.1.2.1.2 Brazil: Bread Market, by Category
10.1.2.1.3 Brazil: Bread Market, by Distribution Channel
10.1.2.2 Argentina: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.2.1 Argentina: Bread Market, by Type
10.1.2.2.2 Argentina: Bread Market, by Category
10.1.2.2.3 Argentina: Bread Market, by Distribution Channel
10.1.2.3 Rest of South & Central America: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
10.1.2.3.1 Rest of South & Central America: Bread Market, by Type
10.1.2.3.2 Rest of South & Central America: Bread Market, by Category
10.1.2.3.3 Rest of South & Central America: Bread Market, by Distribution Channel
11. South & Central America Bread Market – Impact of COVID-19 Pandemic
11.1 Pre & Post COVID-19 Impact
12. Competitive Landscape
12.1 South & Central America Heat Map Analysis by Key Players
13. Company Profiles
13.1 Dr Schar AG
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 Bread King Alimentos LTDA
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 Grupo Bimbo SAB de CV
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 Campbell Soup Co
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
14. Appendix
14.1 Appendix
LIST OF TABLES
Table 1. South & Central America Bread Market Revenue and Forecasts To 2030 (US$ Billion)
Table 2. Brazil: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 3. Brazil: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 4. Brazil: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 5. Argentina: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 6. Argentina: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 7. Argentina: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 8. Rest of South & Central America: Bread Market, by Type Revenue and Forecast to 2030 (US$ Billion)
Table 9. Rest of South & Central America: Bread Market, by Category Revenue and Forecast to 2030 (US$ Billion)
Table 10. Rest of South & Central America: Bread Market, by Distribution Channel Revenue and Forecast to 2030 (US$ Billion)
Table 11. South & Central America Company Positioning & Concentration
LIST OF FIGURES
Figure 1. South & Central America Bread Market Segmentation, By Country
Figure 2. Porter\’s Five Forces Analysis
Figure 3. Ecosystem: South & Central America Bread Market
Figure 4. South & Central America Bread Market – Key Industry Dynamics
Figure 5. Impact Analysis of Drivers and Restraints
Figure 6. South & Central America Bread Market Revenue (US$ Billion), 2022 – 2030
Figure 7. Bread Market Share (%) – Type, 2022 and 2030
Figure 8. Loaves: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 9. Sandwich Breads: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 10. Baguettes: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 11. Burger Buns: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 12. Others: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 13. South & Central America Bread Market Revenue Share, By Category (2022 and 2030)
Figure 14. Organic: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 15. Conventional: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 16. South & Central America Bread Market Revenue Share, By Distribution Channel (2022 and 2030)
Figure 17. Supermarkets and Hypermarkets: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 18. Specialty Stores: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 19. Online Retail: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 20. Others: South & Central America Bread Market Revenue and Forecast to 2030 (US$ Billion)
Figure 21. South & Central America Bread Market – Revenue 2022 (US$ Billion)
Figure 22. South & Central America: Bread Market Revenue Share, By Key Country (2022 and 2030)
Figure 23. Brazil: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 24. Argentina: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
Figure 25. Rest of South & Central America: Bread Market Revenue and Forecasts to 2030 (US$ Billion)
The List of Companies – South & Central America Bread Market
1. Campbell Soup Co.
2. Grupo Bimbo, S.A.B. de C.V.
3. Dr Schar AG
4. Bread King Alimentos LTDA
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