Dublin, Nov. 21, 2022 (GLOBE NEWSWIRE) — “Organic Bakery Products Global Market Report 2022” has been added to researchandmarkets.com offering.
This report provides strategists, marketers, and senior management with the critical information they need to evaluate the global organic bakery products market.
The global market for organic bakery products is expected to grow from $10.08 billion in 2021 to $11 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The market is expected to grow to $14.22 billion by 2026 at a compound annual growth rate (CAGR) of 6.6%.
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Major players in the organic baked goods market are Flower Foods, Inc., Hain Celestial Group (Rudi’s Bakery), Manna Organics LLC, Toufayan Bakery, Inc, Mestemacher GmbH, United States Bakery, Alvarado Street Bakery, Flowers Food, Natures Bakery Cooperative, and New Horizon Foods Inc.
The organic baked goods manufacturing market consists of the sales of organic baked goods and related products. Organic baked goods are made with organic ingredients such as wheat gluten, milk, butter, honey, eggs, oils, starch, sugar, spices, raisins, cereals, cereal flours, and meat-based ingredients. To meet the requirements for organic certification, manufacturers produce organic bakery products according to guidelines set by their respective countries’ food safety organizations.
The organic bakery products market covered in this report is segmented by product type into bread and buns, savory snacks, cakes and pastries, cookies and biscuits, among others. It is also segmented by distribution channel into wholesalers/distributors/direct, supermarkets/hypermarkets, convenience stores, online retailers, other retail formats, and by category into gluten-free, sugar-free, low-calorie.
Asia Pacific was the largest region in the organic baked goods market in 2021. Western Europe was the second largest region in the organic baked goods market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The organic bakery products manufacturing market covered in this report is segmented by product type into Bread and Rolls, Savory Snacks, Cakes and Pastries, Cookies and Biscuits, Other. It is also segmented by distribution channel into wholesalers/distributors/direct, supermarkets/hypermarkets, convenience stores, online retailers, other retail formats, and by category into gluten-free, sugar-free, low-calorie.
Rising consumer preferences for healthy ingredients is an important driver for the organic baked goods market. Increasing urbanization is giving rise to hectic lifestyles and unhealthy eating choices, resulting in lifestyle disruptions and declining health for consumers. Therefore, changing consumer preferences are forcing manufacturers to switch to using organic ingredients such as organic baking powder, gluten-free baking powder, and aluminum-free baking powder. In addition, the increase in the disposable income of the population is expected to contribute to a higher demand for organic bakery products in the near future. According to Trading Economics, disposable personal income in India increased to USD 2,971,770 million in 2019 from USD 2,964,090 million in 2018.
Organic baked goods certification and labeling follow very strict and unwavering guidelines and are hindering the growth of the organic baked goods market. For a product to be considered certified organic, the product must not be produced using genetic engineering, irradiation, and must be composed only of ingredients included in the National List of Allowed and Prohibited Substances.
For example, in the United States, the production of organic baked goods must be overseen by the United States Department of Agriculture’s National Organic Program. Therefore, following all the mandatory guidelines and complying with the certification requirements will hinder the growth of the organic baked goods market.
The use of innovative technology to enhance taste and flavor is the trend in the organic bakery manufacturing market. The growing preference for organic baked goods among consumers, due to their health benefits, is motivating manufacturers to use innovative technology and methods to offer new organic baked goods with enhanced taste and flavor. Manufacturers are trying to study new methods to increase the shelf life of products, such as the use of natural preservatives along with improved flavor until consumption.
Countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Key topics covered:
1. Executive Summary
2. Characteristics of the organic bakery products market
3. Organic Bakery Products Market Trends and Strategies
4. Impact of COVID-19 on organic bakery products
5. Size and growth of the organic bakery products market
5.1. Historic World Market for Organic Bakery Products, 2016-2021, Billion USD
5.1.1. Market Drivers
5.1.2. Market restrictions
5.2. Global Market Forecast for Organic Bakery Products, 2021-2026F, 2031F, $Billion
5.2.1. Market Drivers
5.2.2. Market restrictions
6. Segmentation of the organic bakery products market
6.1. Global Organic Bakery Products Market, Segmentation By Product Type, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, $Billion
Cakes and Pastries
Cookies and Biscuits
Other types of products
6.2. Global Organic Bakery Products Market, Segmentation By Distribution Channel, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, $Billion
6.3. Global Organic Bakery Products Market, Segmentation By Category, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, $Billion
Low in calories
7. Country and Regional Analysis of the Organic Bakery Products Market
7.1. Global Organic Bakery Products Market, Split By Region, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, $Billion
7.2. Global Organic Bakery Products Market, Split By Country, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, $Billion
For more information on this report, please visit https://www.researchandmarkets.com/r/w2mbgw
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