Global Breads and Buns Retail Market (2024 Edition): Analysis By Product Type (Bread and Bun), By Bread and Bun Category, By Distribution Channel, By Region, By Country: Market Insights and Forecast (2020-2030)

Global Breads and Buns Retail Market (2024 Edition): Analysis By Product Type (Bread and Bun), By Bread and Bun Category, By Distribution Channel, By Region, By Country: Market Insights and Forecast (2020-2030)

Executive Summary

Azoth Analytics has released a research report titled “Global Breads and Buns Retail Market (2024 Edition)” which provides a complete analysis of the Global Breads and Buns Retail industry in terms of market segmentation By Product Type (Bread and Bun), By Bread and Bun Category (Conventional, Whole Wheat, Multigrain and Artisanal) and By Distribution Channel (Supermarkets, Hypermarkets, Convenience Stores, Online Retail Channel and Specialty Stores) for the historical period of 2020-2023, the estimates of 2024 and the forecast period of 2025-2030.

The report analyses the Breads and Buns Retail Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Mexico, Brazil, Germany, Türkiye, France, United Kingdom, China, Japan and India). The Global Breads and Buns Retail market showcased growth at a CAGR of 4.19% during 2020-2023. The market was valued at USD 341.86 Billion in 2023 which is expected to reach USD 469.35 Billion in 2030. Urbanization is a global trend that significantly impacts dietary habits. As more people move to cities, their lifestyles become busier and more fast-paced. Bread and buns offer a convenient and quick meal option, fitting perfectly into the hectic schedules of urban dwellers. In many cultures, bread is seen as a quick and nutritious breakfast option, and buns serve as a popular snack or light meal, contributing to their widespread demand. Moreover, influence of Western culture has permeated many parts of the world, bringing with it changes in dietary preferences. Western-style bakeries and fast-food chains have popularized bread and buns, making them a staple in many non-Western diets. This is evident in countries like China, India, and Japan, where bread and buns are increasingly integrated into daily meals.

As global economies grow, disposable incomes are rising, particularly in developing nations. This economic improvement allows consumers to diversify their diets and incorporate more processed and convenience foods, including bread and buns. Higher disposable income also drives the demand for premium and specialty bread products, which are often marketed as healthier or more luxurious options. Furthermore, The modern consumer values convenience highly. Ready-to-eat bread and bun products are appealing because they require little to no preparation. Pre-packaged sandwiches, filled buns, and snack-sized bread products are increasingly popular, especially in regions with a high number of working professionals and students. This convenience factor is a significant driver of demand in both developed and developing markets.

The expansion of the middle class in developing regions is a significant driver of demand for bread and buns. As more people move into the middle-income bracket, their spending power increases, allowing them to purchase a wider variety of food products. The middle class tends to have a higher consumption of processed and convenience foods, including bread and buns. This demographic shift results in increased demand for these products in both urban and suburban areas. Furthermore, as incomes rise, consumers in developing regions become more brand-conscious and responsive to marketing efforts. Bread manufacturers and retailers invest in marketing campaigns to promote their products, emphasizing quality, health benefits, and convenience. Effective branding and marketing strategies help create brand loyalty and drive consumer preference for specific bread products. This brand awareness further boosts demand in the retail market.

One of the most significant breads and buns retail market drivers is health and wellness trends which are increasing demand for whole grain and fiber-rich bread products. Consumers are becoming more aware of the benefits of whole grains, such as improved digestion, reduced risk of chronic diseases, and better weight management. This has led to a surge in the popularity of whole grain breads, multigrain breads, and products fortified with additional fibers like oat bran and flaxseed. Manufacturers are responding by expanding their portfolios to include a wider variety of whole grain options, catering to health-conscious consumers.

Due to health and wellness trends, it is pushing consumers to reduce their intake of sugar and refined carbohydrates. This has led to the development of breads and buns with lower sugar content and the use of natural sweeteners like honey, agave, and stevia. The move away from refined white flour to more nutritious alternatives like spelt, buckwheat, and chickpea flour is another response to consumer demand for healthier carbohydrate sources. These changes reflect a broader trend towards clean eating and the avoidance of processed foods. Moreover, functional ingredients, which offer additional health benefits beyond basic nutrition, are becoming increasingly popular in bread and bun products. Ingredients such as chia seeds, flaxseeds, quinoa, and ancient grains are being incorporated into bread recipes to enhance their nutritional profile. Probiotics, prebiotics, and omega-3 fatty acids are also being added to promote gut health and overall well-being. This trend aligns with the growing consumer interest in foods that support specific health goals, such as improved digestion, heart health, and enhanced immune function.

Furthermore, high demand for bread and buns is due to convenience provided by online retail channels. Online shopping allows consumers to purchase their favourite bakery products from the comfort of their homes, at any time of day. This eliminates the need for physical visits to stores, making it easier for busy individuals to access fresh bread and buns. The ability to schedule deliveries and the option for same-day or next-day delivery further enhance this convenience.

Online retail platforms offer a broader range of products compared to traditional brick-and-mortar stores. Consumers can easily explore and select from a vast array of bread and bun options, including specialty and artisanal varieties, gluten-free, whole grain, and organic products. Online platforms also enable consumers to customize their orders, such as choosing specific types of flour, toppings, or ingredients, catering to diverse dietary preferences and health needs.

Food Service Industry encompasses a wide array of establishments, including restaurants, cafes, fast-food chains, hotels, and catering services, all of which rely heavily on bread and bun products to craft their menus and meet consumer expectations. The food service industry’s growth is propelled by several factors, including changing consumer lifestyles, increased dining out frequency, and the global expansion of food service chains. As urbanization continues and disposable incomes rise, more people are opting for dining experiences outside the home. This shift in consumer behaviour has led to an increased demand for convenient, tasty, and versatile food items, with bread and buns being staple components in many dishes. From gourmet sandwiches and burgers to artisan bread baskets and breakfast offerings, these products are indispensable in a variety of food service settings.

In addition to fast food, the casual and fine dining sectors also contribute to the high demand for bread products. Restaurants and cafes are increasingly incorporating a variety of bread options into their offerings to cater to diverse consumer tastes. Artisan breads, gourmet buns, and health-conscious options like whole grain and gluten-free bread are becoming standard fare in many establishments, driven by consumers' evolving preferences for unique and premium dining experiences. Furthermore, caterers require a steady supply of these products for various applications, from elegant sandwiches and canapés to hearty rolls and loaves for buffets. The versatility and ease of preparation of bread and buns make them ideal for catering services, which must deliver high-quality food efficiently and reliably.

Scope of the Report:

• The report analyses the Breads and Buns Retail Market by Value (USD Billion).
• The report analyses the Breads and Buns Retail Market by Region (Americas, Europe, Asia Pacific, Middle East & Africa) and 10 Countries (United States, Mexico, Brazil, Germany, Türkiye, France, United Kingdom, China, Japan and India).
• The report presents the analysis of Breads and Buns Retail Market for the historical period of 2020-2023, the estimated year 2024 and the forecast period of 2025-2030.
• The report analyses the Breads and Buns Retail Market By Product Type (Bread and Bun).
• The report analyses the Breads and Buns Retail Market By Bread and Bun Category (Conventional, Whole Wheat, Multigrain and Artisanal).
• The report analyses the Breads and Buns Retail Market By Distribution Channel (Supermarkets, Hypermarkets, Convenience Stores, Online Retail Channel and Specialty Stores).
• The key insights of the report have been presented through the frameworks of SWOT and Porter’s Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Products, by mode of operation & by end users.
• Also, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report are Grupo Bimbo S.A.B. de C.V., Flowers Foods Inc., Britannia Industries Ltd., Aryzta AG, Yamazaki Baking Co., Campbell Soup Company, Vandemoortele, Lantmännen Unibake, Hovis Ltd. and Warburtons Limited.