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The artisan bakery market share is expected to increase by USD 1.06 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 4.32%.
This artisan bakery market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (bread and rolls, cakes and pastries, cookies, and others) and geography (APAC, Europe, North America, South America, and MEA). The artisan bakery market report also offers information on several market vendors, including 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, among others.
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The increased snacking and indulgence consumption is notably driving the artisan bakery market growth, although factors such as growing health concerns over diabetes and obesity may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the artisan bakery industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Artisan Bakery Market Driver
The consumption patterns and food preferences of people have undergone a notable change, as most consumers are trading their routine meals for snacks. Over the past ten years, the number of consumers who prefer healthy snacks has seen a rise, especially in developed regions such as North America and Europe. Fast-paced lifestyles often compel consumers to skip their meals and consume on-the-go food. Similarly, the consumption of artisan bakery products, such as bread, rolls, pies, and other similar products for breakfast has surged primarily due to hectic lifestyles. Thus, increased snacking and indulgence consumption will drive artisan bakery market growth during the forecast period.
Key Artisan Bakery Market Challenge
The number of obese people is increasing globally. This surge in obesity rates is directly related to the use of certain ingredients in commonly consumed foods. The excessive consumption of sugars, for instance, can lead to obesity and diabetes. A large percentage of consumers have desisted from consuming artisan bakery products, such as cakes, to avoid the intake of trans fats. Similarly, consumers who are gluten intolerant avoid consuming artisan bakery products as most of them are made from wheat flour, all-purpose flour, and other similar types of flour, which can cause allergies such as skin rashes, nausea, and sneezing. Thus, the growing health concerns over diabetes and obesity will impede artisan bakery market growth in the coming years.
This artisan bakery market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the artisan bakery market encompasses successful business strategies deployed by the key vendors. The artisan bakery market is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.
The artisan bakery market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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35% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for artisan bakery products in APAC. Market growth in this region will be faster than the growth of the market in Europe, South America, and MEA.
This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The artisan bakery market share growth by the bread and rolls segment will be significant during the forecast period. The increasing demand for gluten-free bread and rolls is a major factor driving the growth of the segment.
This report provides an accurate prediction of the contribution of all the segments to the growth of the artisan bakery market size and actionable market insights on the post-COVID-19 impact on each segment.
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 |
The US, China, Japan, Brazil, and Germany |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key 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 recovery analysis 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. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Product
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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