Artisan Bakery Market, Analysis Portfolio, Top Competitor, Regional Growth, | Forecast 2020-2028.
Artisan Bakery Market
The proliferating
demand for healthy food items and products with high-quality ingredients is
aiding the industry in recent years. An increase in disposable incomes across
various developing economies is also believed to have a direct influence on the
growth trajectory of the artisan bakery market. Additionally, a trending demand
has also been noticed for food products that have a high shelf-life. This is
subsequently driving the growth of the market. Advancing and developing technologies
are also found to a key driver behind fueling up the market demand for artisan
bakery products. Increasing focus on research and development activities on
improving the overall nutritional value of the products is also stimulating a
positive influence over the industry. Lastly, the convenience of usage and
customization capabilities is reported to act as a key accelerating factor in
the global market of artisan bakeries as well.
Artisan bakeries
market are products that are handcrafted and
manufactured in accordance with various traditional methods with the help of high-quality
ingredients. The product’s color, flavor, and texture are adjusted accordingly
to the demands and preferences of consumers. Over the years, the growing demand
for artisan bakery products is identified based on the increasing demand for
quality bakery products from the consumer’s side. According to the latest
report published by Market Research Future (MRFR), the global artisan bakery
market is expected to grow in an impressive manner during the forecast period
of 2020 to 2030.
Market Segmentation
The global Artisan Bakery Market Revenue segmentation
is done based on product type, application, method, and distribution channel.
By product type, the market
comprises savory, morning goods, bread, cake & sweets, and others. The bread
and morning goods segment hold the highest percentage of the market share.
By application, the market
includes desserts, baking bases, breakfast foods, appetizers, snack foods, and
others. The breakfast foods segment has the highest share of the market and is
slated to grow the fastest due to increasing sales of artisan loaves and bread.
By the method, the market segments
into fully baked, partially baked, and others. Fully baked is the dominant
segment of the lot and is expected to grow the fastest.
By distribution
channel, the market includes food service, convenience/independent
retail, large retail, quick-service restaurants, and others.
Regional Segmentation
The global artisan bakery market is
geographically segmented into different regions across the globe, namely North
America, Asia Pacific, Europe, and the Rest of the World.
Europe is the major market shareholder in the
global standings of artisan bakeries.
Changing preferences of consumers in the Asia
Pacific region is expected to generate a high stream of revenue during the
assessment period.
Globally, the major importers of artisan bakeries
in the world are France, Italy, the UK, the US, Germany, and Canada. The
increasing level of consumption of convenience bakery ingredients products make
the import and export increase across developed countries at a steady rate of
growth.
Competitive Landscape
The global Key artisan bakery
Market Players comprises various recognized and
prominent players who are helping steer the industry towards expansion. Some of
the key market players reported in the study are Bimbo Bakeries (U.S.), Csm
Bakery Solutions LLC (U.S.), Flowers Foods (U.S.), Harry Brot GmbH (Germany),
Vandemoortele (Belgium), Aryzta (Switzerland), Lantmännen Unibake International
(Denmark), Rich Products Corporation (U.S.), and others.
July 25th, 2018, Artisan Bread
Organic, a renowned UK bakery, launched two additional meat alternatives to
expand its portfolio of meat-free options for consumers with different tastes
and preferences. Referred to as the ‘mushroom-styled’ burgers, they will
include a mushroom burger and a mushroom burger in a bun. Both the items are
created with the help of pea protein and dillisk, which is a salty form of red
seaweed.
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On November 20th,
2018, Swander Pace Capital, a private equity firm, added to its expanding range
of baked food businesses with the acquisition of a pioneering Canadian bakery
named Backerhaus Veit for undisclosed pricing.
NOTE: Our Team of Researchers is Studying
Covid19 and its Impact on Various Industry Verticals and wherever required we
will be considering Covid19 Footprints for Better Analysis of Market and
Industries. Cordially get in Touch for More Details.
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Market Research Future (part of Wantstats
Research and Media Private Limited),
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