Enjoy complimentary customisation on priority with our Enterprise License!
The Packaged Croissant Market size is projected to increase by USD 1.85 billion and grow at a CAGR of 4.57% between 2023 and 2028. This Consumer Goods Market experiences growth driven by increasing demand for Croissant Products and Ready-to-Eat Croissants. Convenience becomes paramount for busy consumers, propelling the Breakfast Market and Snack Foods sector. Frozen Pastries and Pastry Products offer quick solutions amidst hectic lifestyles, bolstering the Baked Goods Industry.
Product Innovation in Croissant Manufacturing and Packaging Solutions ensures Quality Assurance and appeals to evolving consumer preferences. Online Retailers and Bakery Chains cater to convenience-seeking customers, driving market growth. Regulatory compliance and advancements in Shelf-life Extension contribute to sustained momentum in the Croissant Market.
The market shows an Accelerated CAGR during the forecast period.
To get additional information about the market, Request Free Sample
The largest distribution channel is offline sales. In offline sales, the customer purchases products from a physical store, such as a grocery store or convenience store. Offline distribution channels deliver consumers a variety of purchasing options. Most supermarkets and retail stores have a section dedicated to baked goods, prominently displayed. Another important component of offline distribution is the convenience store. Convenience stores are a great option for people who want to make an impulse purchase while on the go. Thus, such factors under the offline segment of the distribution channel will drive the market during the forecast period.
The market share growth by the shelf-stable croissants segment will be significant during the forecast period. Shelf-stable croissants are suitable for long-term storage and consumption without the need for refrigeration. This segment is intended for consumers who are looking for convenience, long-term shelf life, and availability in their daily croissant consumption. Croissants that are shelf-stable provide a few benefits for both producers and consumers.
The shelf-stable croissants segment was valued at USD 3.84 billion in 2017.
For a detailed summary of the market segments Request for Sample Report
Shelf-stable croissants come in a variety of flavors, fillings, and shapes. To meet the needs of different tastes, manufacturers often experiment with different fillings, such as chocolate-flavored, almond-flavored, vanilla-flavored, or fruit-flavored fillings. There is also a focus on keeping the flaky, buttery texture of the croissant, even with a longer shelf life. Thus, such factors under the shelf-stable croissants segment will drive the market during the forecast period.
Europe is estimated to contribute 33% to the growth of the global market during the forecast period
Get a glance at the market share of various regions View PDF Sample
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Europe has many established bakery shops and chains, and the market in this region is well-established in terms of innovation, consumer preferences, and distribution channels. Moreover, the demand for packaged croissants is increasing at a faster rate than other bakery items because of their easy-to-eat nature and excellent sweet taste.
Furthermore, the regional market is fueled by the growing disposable income, high demand for convenience foods, and increasing demand for healthier products. In addition, the demand for multi-cultural flavors and designs, reduced sugar, low-calorie, and low-fat packaged croissants has registered an upsurge. Hence, such factors are expected to drive the market in this region during the forecast period.
Breakfast Items like packaged croissants witness market growth driven by consumer demand for convenience. Rising disposable income influences preferences, prioritizing Brand Recognition and accessibility in Frozen Food Aisles. However, health concerns pose challenges, as high-calorie content and artificial preservatives may deter consumers.
The Baking Industry faces obstacles in addressing health effects associated with frequent consumption, affecting market growth. Strategies to mitigate health concerns and innovate in the Food Service Industry are vital for sustained market development during the forecast period.
The market witnesses growth propelled by increasing demand for Convenience Foods such as Croissant Products and Ready-to-Eat Croissants. Busy lifestyles drive preference for Breakfast Items and Bakery Goods requiring minimal preparation, fostering market growth. Product Innovation and Quality Assurance are crucial in meeting consumer needs and ensuring satisfaction in the Baked Goods Industry.
Market research forecasts continued expansion, aiding Croissant Suppliers and Retailers in anticipating demand and adapting strategies. The evolution of Croissant Preservation Techniques enhances product quality, contributing to sustained market growth.
Rising disposable income among people is the primary trend shaping market growth. Due to packaged croissants being ready to eat and convenient, they are evolving into a popular option for people who are on the go and want a tasty and quick breakfast or snack. Customer tastes have also evolved as a result of rising disposable money, as individuals now prioritize convenience over quality. Packaged croissants are made by a number of international and local producers and are a desirable substitute for freshly baked croissants due to their uniform taste and texture.
Additionally, packaged croissants are more appealing because they are easy for customers to include in their regular routines when purchased from nearby retail locations or online. Besides, people who are strapped for time and prefer packaged croissants for a quick breakfast or on-the-go snack are becoming more and more common. Thus, such factors will drive the growth of the global packaged croissant market during the forecast period, with market trends and market growth analysis indicating sustained momentum. Moreover, advancements in Croissant Packaging and manufacturing processes contribute to the expansion of the Packaged Bakery Goods sector, further enhancing market growth. Additionally, continuous innovation in Croissant Ingredients ensures product quality and appeals to evolving consumer preferences, fostering market development.
Unpleasant health effects of bakery items due to high calories and fat is a challenge that affects market growth. Butter is commonly used to make these flaky pastries, which adds to their rich flavor but also raises their calorie and fat content. Frequent intake of these high-calorie croissants may result in weight gain and an increased risk of developing health problems associated with obesity, such as diabetes and heart disease.
Moreover, overindulging in added sugars can raise the risk of obesity, chronic illnesses like type 2 diabetes, and dental issues. Commonly employed to prolong the shelf life of packaged croissants, artificial preservatives have been linked to negative health outcomes, including allergic responses and gastrointestinal problems in certain people. Thus, such factors may impede the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
The market report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market offers a delightful array of croissant brands to cater to the demand for ready-to-eat pastries and convenience foods. These frozen bakery products, known for their flaky texture and buttery taste, are popular breakfast pastries enjoyed worldwide. With various croissant flavors available, from classic butter to chocolate-filled, they satisfy diverse croissant consumption preferences. Packaging plays a crucial role in maintaining the freshness of these shelf-stable pastries. The market encompasses a wide range of croissant distribution channels, ensuring accessibility to consumers. Manufacturers focus on the quality of ingredients and the croissant production process, while suppliers and retailers contribute to the availability of packaged pastry market offerings, providing a variety of croissant varieties to meet consumer demands.
The market report forecasts market growth and forecasting by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028.
Packaged Croissant Market Scope |
|
Report Coverage |
Details |
Page number |
152 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.57% |
Market Growth 2024-2028 |
USD 1.85 billion |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
4.37 |
Regional analysis |
Europe, North America, APAC, South America, and Middle East and Africa |
Performing market contribution |
Europe at 33% |
Key countries |
US, China, Germany, France, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Bauli S.p.A., Boulangerie Solignac, Britannia Industries Ltd., Corporativo Bimbo SA de CV, Edita Food Industries, FRESH SNACK, General Mills Inc., Lantmannen ekonomisk forening, McCain Foods Ltd., Mondelez International Inc., Pizzo and Crozzo, Rademaker BV, San Giorgio Spa, Spanish Market doo, Starbucks Corp., Sydney Cake House Sdn Bhd, Tata Sons Pvt. Ltd., Upper Crust, and Vancouver Croissant Enterprises Ltd. |
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, and 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. |
BUY NOW Full Report and Discover more
We can help! Our analysts can customize this market research and growth report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.