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Artisan Bakery Market Size to Grow by USD 1.06 bn | Aryzta AG and Associated British Foods Plc Among Key Vendors | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Dec 03, 2021, 02:00 ET

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NEW YORK, Dec. 3, 2021 /PRNewswire/ -- The artisan bakery market is expected to be hindered by factors such as growing health concerns over diabetes and obesity and volatility of raw material prices. According to Technavio, the market is estimated to grow by USD 1.06 bn from 2021 to 2026. The growth momentum of the market is expected to accelerate at a CAGR of 4.32%.

For more valuable insights into the artisan bakery market, Read Our Sample

Attractive Opportunities in Artisan Bakery Market by Product and Geography - Forecast and Analysis 2022-2026
Attractive Opportunities in Artisan Bakery Market by Product and Geography - Forecast and Analysis 2022-2026

Market Drivers

The artisan bakery market is driven by factors such as the increased snacking and indulgence consumption, increasing retail value sales of private-label bakery products, and the strong distribution network between bakery product manufacturers and customers. The consumption patterns and food preferences of people underwent a notable change over the years owing to hectic and busy lifestyles. This has led to an increase in preference for snacks over regular meals. Over the last decade, the number of consumers who prefer healthy snacks has seen a rise, especially in developed countries in regions such as North America and Europe. Similarly, the consumption of artisan bakery products, which include breads, pies, rolls, and other products, has surged significantly. All these factors are driving the growth of the market.

Company Profiles

Some of the companies covered in this report are Aryzta AG, Associated British Foods Plc, CSM Ingredients, Flowers Foods Inc., Grupo Bimbo SAB de CV, Harry-Brot GmbH, Lantmannen ekonomisk forening, Premier Foods Plc, Rich Products Corp., and Vandemoortele NV etc.

Read Our Sample Report for more information about the various vendors operating in the artisan bakery market

Competitive Analysis

The competitive scenario provided in the artisan bakery market report examines, estimates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, product innovations, new product launches, investments, growth strategies, growth in market share, etc.

Get lifetime access to our Technavio Insights. Subscribe now to our most popular "Lite Plan" billed annually at USD 3000. View 3 reports monthly and Download 3 Reports Annually!

Market Segmentation

  • By product, the market is classified into bread and rolls, cakes and pastries, cookies, and others. The bread and rolls segment contributes the highest share of the market owing to the increasing demand for gluten-free bread and rolls.
  • By geography, the market is classified into APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market, with China and Japan being the key countries.

Related Reports

  • Nachos Market: The nachos market has been segmented by type (fried and baked) and geography (North America, Europe, APAC, South America, and MEA). Download Sample Report 
  • Chocolate Milk Market: The chocolate milk market has been segmented by distribution channel (supermarket/hypermarkets, online, convenience stores, and others) and geography (North America, Europe, APAC, South America, and MEA). Download Sample Report

Artisan Bakery Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 4.32%

Market growth 2022-2026

USD 1.06 billion

Market structure

Fragmented

YoY growth (%)

3.45

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 35%

Key consumer countries

US, China, Japan, Brazil, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aryzta AG, Associated British Foods Plc, CSM Ingredients, Flowers Foods Inc., Grupo Bimbo SAB de CV, Harry-Brot GmbH, Lantmannen ekonomisk forening, Premier Foods Plc, Rich Products Corp., and Vandemoortele NV

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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