The artisan bakery market size was valued at USD 90.7 billion in 2023 and is expected to reach USD 141.3 billion by 2032, at a CAGR of 5.1%.
FORT COLLINS, Colo., April 18, 2024 (Globe Newswire) —
Consumer awareness and demand for high quality bread will drive industry growth.
of artisan bakery market That demand has been largely driven by growing consumer demand for healthier and more natural foods. Consumers have become more aware of the ingredients in their food and are actively seeking products made with healthy, minimally processed ingredients. Artisan bakeries are meeting this demand by leveraging high-quality, locally sourced ingredients and traditional baking techniques that are considered more natural and nutritious.
Additionally, the popularity of homemade specialty foods has further increased the demand for artisanal bakeries. Consumers are looking for unique, authentic culinary experiences where artisan bakeries offer hand-crafted baked goods and unique flavors.
The artisan bakery market offers ample opportunities for innovation and product diversification. As consumer preferences evolve, artisan bakeries can capitalize on new trends such as plant-based baked goods and gluten-free baked goods. Artisan bakeries can differentiate themselves by integrating unique ingredients and flavors and catering to niche markets. Additionally, the increasing demand for artisanal breads, pastries, and desserts in food service sectors such as restaurants and cafes presents promising avenues for the growth of the artisanal bakery market.
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Segmentation overview:
The artisan bakery market is segmented into type, distribution channel, and region.
Bread and rolls will register a significant market share during the forecast period.
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Based on type, the artisan bakery market is segmented into breads and rolls, cakes and pastries, cookies, tortillas, etc. Bread and rolls account for a significant share in the type segment of the artisan bakery market. This can be attributed to the growing consumer preference for artisanal, freshly baked breads due to their health benefits, unique flavors and desire for high-quality locally produced products.
Hypermarkets and supermarkets account for major market share
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Based on distribution channel, the artisan bakery market is segmented into hypermarkets and supermarkets, convenience stores, specialty stores, department stores, and traditional grocery stores. Hypermarkets and supermarkets account for a significant share in the distribution channel segment of the handmade bakery market. This is because these big box stores offer a wide variety of artisan bakery products under one roof to cater to the convenience and tastes of a wide range of consumers.
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Artisan Bakery Market Report Highlights:
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Some of the prominent players in the Artisan Bakery market report include Tartine Bakery, Aryzta AG, Grupo Bimbo, Fflowers Foods Inc., Lantmännen Unibake, Puratos Group, GAIL’s Bakery, Yamazaki Baking Co., Ltd., Associated British Food Plc., Premier Food Plc. It is included. , Fuji Baking Group Co., Ltd., Rich Products Co., Ltd., and others.
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