U.S. retail packaged bread market size is projected to expand at over 1.8% CAGR from 2023 to 2032, owing to the increasing demand for convenient and on-the-go food options in the region.
The rising number of health-conscious consumers seeking whole-grain and artisanal varieties is driving innovations in retail packaged bread. For instance, in January 2023, low-carb bread provider Hero Bread announced to expand its distribution in both retail and quick-service restaurant locations across the U.S. to increase its product accessibility for consumers. The growing interest in clean-label and organic products is reflecting a broader trend towards healthier eating habits in the country. The robust expansion of the e-commerce platforms and online grocery shopping are providing consumers with easy access to a diverse range of bread products. The access to convenience, health-consciousness, and accessibility will collectively fuel the market growth.
The U.S. retail packaged bread industry is segregated into product, ingredient, recipe, distribution channel, and region.
Based on product, the market share from the frozen segment is projected to rise at substantial CAGR through 2032. This can be attributed to the convenience and longer shelf life offered by frozen bread coupled with the higher availability of diverse product options. Frozen bread offers convenience and extended storage for meeting the demands of modern lifestyles while catering to a variety of preferences and tastes.
The inorganic ingredient segment is estimated to account for sizeable revenue share of the U.S retail packaged bread market by 2032. This is due to the cost-effectiveness, consistent quality, and extended shelf life of inorganic ingredients. Consumers value the affordability and reliability of inorganic ingredients. This is contributing to the growing interest in bread products to match the budget-conscious and convenience-focused consumer preferences, adding to the segment growth.
Regionally, the Northwest U.S. retail packaged bread industry is slated to expand at rapid pace during 2023-2032. The growth can be attributed to the high demand for artisanal and specialty bread varieties and the growing focus on health-conscious consumer choices. The rising need for locally sourced organic products will further boost the regional market growth.
Chapter 1 Methodology & Scope
1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Scope, definitions & forecast parameters
1.1.4.1 Definitions
1.1.4.2 Forecast parameters & considerations
1.1.5 Data sources
1.1.5.1 Secondary
1.1.5.2 Paid sources
1.1.5.3 Primary
Chapter 2 Executive Summary
2.1 U.S. retail packaged bread industry 360 degree synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Ingredient trends
2.1.4 Recipe trends
2.1.5 Distribution channel trends
2.1.6 Regional trends
Chapter 3 US Retail Packaged Bread Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2018 - 2032
3.3 Industry ecosystem analysis
3.3.1 Profit margin
3.3.2 Value addition
3.3.3 Distribution channel analysis
3.3.4 Vendor matrix
3.3.4.1 List of key ingredient suppliers
3.3.4.2 List of key manufacturers/suppliers
3.4 Technology landscape
3.4.1 Patent analysis
3.4.2 Production Process
3.4.3 Future trends
3.5 Industry impact forces
3.5.1 Growth drivers
3.5.1.1 Rising feed grain production for catering to increasing bread demand
3.5.1.2 Increasing trend toward nutritious and healthy habits
3.5.1.3 Developing retail channels and proliferating e-commerce industry
3.5.2 Industry pitfalls & challenges
3.5.2.1 Complexities and reluctancy associated with the implementation of advanced technologies
3.5.2.2 Rising demand for fortified items and modifications along with reduced innovations pose major challenges
3.6 Regulatory landscape
3.7 Competitive landscape
3.7.1 Company performance analysis
3.7.2 Strategic landscape
3.8 Pricing analysis
3.8.1 Cost structure analysis
3.8.1.1 R & D cost
3.8.1.2 Manufacturing & equipment cost
3.8.1.3 Raw material cost
3.8.1.4 Distribution cost
3.8.1.5 Operating cost
3.8.1.6 Miscellaneous cost
3.9 Porter's analysis
3.9.1 Supplier power
3.9.2 Buyer power
3.9.3 Threat of new entrants
3.9.4 Threat of substitutes
3.9.5 Industry rivalry
3.10 PESTLE analysis
Chapter 4 US Retail Packaged Bread Market, By Product
4.1 U.S. retail packaged bread market by product insights