Organic Bakery Products Market Size, Growth Opportunities and New Demand Analysis Research Report by 2027
Organic bakery products are processed using organic
ingredients and without added preservatives. The global organic bakery products market is growing rapidly mainly due to the urbanization
and changing consumption patterns. Moreover, factors such as the growing
inclination towards convenience foods and the augmenting demand for RTE foods
escalate the market on the global platform.
Acknowledging the potential of this market to surge
in the years to come, Market Research Future (MRFR) in its recently published
analysis asserts that the global Organic Bakery Products Market Size will
experience exponential accruals by 2022 posting a phenomenal CAGR throughout
the review period (2016 to 2022). The
rising number of health-conscious consumers and growing demand for on-the-go
products is a major driving force pushing up the growth of the market.
Additionally, factors such as the large advancements
in food technology and the introduction of natural and organic ingredients have
boosted sales in the market. People are becoming aware of naturally grown
products, increasingly. Simultaneously,
the tremendous popularity of organic food ingredients led by the spreading
awareness towards the health benefits that they can provide is fueling the growth
of Organic Bakery Products Market Size.
Global Organic Bakery Products Market - Competitive
Analysis
Highly competitive, the Organic Bakery Products Market Size appears
to be fragmented due to the presence of several matured players. Innovation,
mergers & acquisitions, and brand reinforcement remain the key trends of
these players to sustain their positions in this well-established market.
Major Players:
Key players leading the global organic bakery products market
include Nutri-Bake Inc. (Canada), New Horizon Foods, Inc. (U.S.), Soyfoods Ltd
(U.K.), Cress Spring Bakery (U.S.), Rudi’s Organic Bakery (U.S.), Flowers Food
(U.S.), and Healthybake (Australia) among others.
Global Organic Bakery Products Market - Segments
For ease of understanding, the market is
segmented into four key dynamics: -
By Type: Bread & Rolls, Cake & Cheesecake, Doughnuts &
Muffins, Cupcakes & Brownies, Biscuits & Cookies, Pancakes &
Waffles, Sandwiches & Wraps, and Pies & Tarts among others.
By Form: Fresh, Frozen, Dough & Batter, and Instant Mixes among
others.
By Specialty Type: Sugar-free,
Gluten Free, Low-Calories, Fortified, and others.
By Regions: North America, Asia Pacific, Europe,
and the Rest-of-the-World.
Global Organic Bakery Products Market - Regional
Analysis
The North American region heading with
the changing consumer preferences towards organic food products would continue
with its dominance over the global Organic Bakery Products Market Size throughout
the forecast period. Factors such as the high consumption of convenience food
and changing food consumption pattern due to busy schedules are projected to
generate high revenue pockets in the organic bakery products market in the
region.
Also, there are a large number of
production bases and consumers of organic bakery products in the region that
drive market growth. Moreover, factors such as the spurting health concerns
associated with the consumption of food products made with the artificial and
synthetic are driving the market, increasing the consumer inclination towards
safer food alternatives as compared to conventional food.
The organic bakery products market in
the European region stands the second-largest position, globally. Factors such
as the growing importance of health and wellness among the consumers,
especially in Germany, the UK, and Russia are supporting the market growth in
the region. Furthermore, the improving
economy in the region has been enabling Europe to generate a substantial
revenue pocket.
The Asia Pacific organic bakery
products market is emerging as a profitable market, globally. The higher-level
production largely contributes to the growth in countries like Australia, New
Zealand, China, and India. The market is experiencing substantial developments
over the past few years which, in turn, is expected to drive the growth of the
regional organic bakery products market.
The ever-increasing population in some
of the rapidly developing countries like China and India along with the
changing lifestyle of consumers are anticipated to stimulate the growth of the
overall Organic Bakery Products Market Size in the region during the assessment
period. Furthermore, factors such as the change in consumer preference for
organic food over conventionally processed food led by the increasing awareness
about its health benefits are impacting the growth of the regional market,
positively.
Industry/innovation/Related News:
March 05, 2019 – Miller Milling Company, LLC (the US), a leading flouring
mill offering specialty flours including high gluten, hearty gluten, and etc.
for H&R all purposes announced that it is entering the organic wheat flour
market and has already achieved an organic certification for one of its
facilities located at Fresno, California and may soon add other locations. The
company also launched its Yosemite Organics brand at the Natural Products Expo
West.
On March 01st, 2019, Miller Milling’s parent company Nisshin
Seifun Group Inc.in Tokyo, Japan announced the acquisition of Allied Pinnacle
(Australia), a prominent end-to-end bakery ingredient supplier. At the event,
the company mentioned that it is committed to the growth and development of the
Yosemite Organics product line across its California network and will expand
its organic offerings further. Miller’s Yosemite Organics flour product line
includes high-quality organic wheat flours that will cater to the organic
bakery products market, leveraging its strategic locations and supply chain.
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and its Impact on Various Industry Verticals and wherever required we will be
considering Covid19 Footprints for Better Analysis of Market and Industries.
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