The North America par baked bread market size is expected to reach a valuation of USD 7,140.69 million by 2033. It is projected to record a CAGR of 4.0% from 2023 to 2033. The regional market is estimated to surpass a valuation of over USD 4,890.90 million by 2023.
Par baked bread is partially baked bread that has been baked for a short period, so that it is set but not fully cooked. This allows the bread to be finished off in the oven, giving it a fresh-baked taste and texture.
North America market for par baked bread includes the United States, Canada, and Mexico. It encompasses a range of different types of bread such as white bread, wheat bread, and specialty breads, including ciabatta, baguettes, and flatbread.
The market is mainly driven by factors such as convenience, quality, and cost-effectiveness of this type of bread. Par baked bread allows food service establishments and retailers to offer freshly baked bread without the need for a full bakery operation on-site.
There is a noticeable rise in terms of demand for frozen ready-to-cook food products, particularly processed meats such as frozen meat, seafood, and sausages. Hence, consumers are increasingly turning to packaged meals as opposed to cooking from raw ingredients. There is expected to be an increased demand for par baked bread in the next ten years, leading to a projected uptick in sales over the next five years.
There is a growing trend among today’s consumers for transparency and clean-label products, as they become increasingly health-conscious. They are interested in knowing about the ingredients and processing methods used in the products they consume.
It has led to producers providing more information about their products. As a result, clean-label products that are free of artificial additives and preservatives are becoming more popular among modern consumers.
Attributes | Key Insights |
---|---|
North America Par Baked Bread Market Estimated Size (2023E) | USD 4,890.90 million |
Projected Market Valuation (2033F) | USD 7,140.69 million |
Value-based CAGR (2023 to 2033) | 4.0% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The North America par baked bread industry has seen steady growth over the past five years. Spurring needs can be attributed to several factors such as high demand for freshly baked bread, rise of the food service industry, and growing popularity of frozen bakery products.
Looking ahead, the market is anticipated to continue its growth trajectory, driven by increasing demand for convenience and quality in the food service industry. The market is further expected to benefit from evolving adoption of automation and technology in the baking industry. Increasing health-consciousness among millennial consumers is also expected to propel demand for healthy and specialty par baked bread products.
Hence, there is likely to be a growing trend toward the use of alternative flours and grains, as well as gluten-free and organic ingredients in par baked bread products. Par baked bread market in North America is expected to elevate over the forecast period, driven by a combination of convenience, quality, and innovation in the baking industry.
Market Statistics | Details |
---|---|
Jan to Jun (H1), 2021 (A) | 2.8% |
Jul to Dec (H2), 2021 (A) | 3.4% |
Jan to Jun (H1),2022 Projected (P) | 3.4% |
Jan to Jun (H1),2022 Outlook (O) | 3.1% |
Jul to Dec (H2), 2022 Outlook (O) | 4.4% |
Jul to Dec (H2), 2022 Projected (P) | 4.1% |
Jan to Jun (H1), 2023 Projected (P) | 4.0% |
BPS Change: H1,2022 (O) to H1,2022 (P) | 30 |
BPS Change: H1,2022 (O) to H1,2021 (A) | 26 |
BPS Change: H2, 2022 (O) to H2, 2022 (P) | -30 |
BPS Change: H2, 2022 (O) to H2, 2022 (A) | 96 |
Region | North America |
---|---|
Country | United States |
CAGR | 5.6% |
Market Value (2033) | USD 3,615.2 million |
Region | North America |
---|---|
Country | Canada |
CAGR | 6.1% |
Market Value (2033) | USD 647.2 million |
High Demand for Clean-label Products in the United States to Push Sales of Par Baked Bread Sticks
The United States par baked bread market is expected to flourish in the next ten years, driven by rising demand for convenient and ready-to-eat food products. Par baked bread offers a convenient solution for consumers who want to enjoy freshly baked bread at home without the time and effort required to bake from scratch.
With rise of online food ordering and e-commerce services, consumers are increasingly looking for food products that can be delivered quickly and easily. Par baked bread fits this need perfectly, as it can be easily transported and finished off in a few minutes in the oven.
Trend toward healthy and natural food products is also driving growth in the United States par baked bread market. Today’s consumers are increasingly interested in food products that are made with high-quality ingredients, and are free from additives, preservatives, & other artificial ingredients.
Par baked bread manufacturers are responding to this trend by using natural and clean label ingredients in their products. Growing number of food service establishments in the United States, including restaurants, cafes, and bakeries, is also driving growth.
Canada-based Par Baked Bread Companies to Launch Better-tasting Options by 2033
Canada par baked bread market is projected to witness exponential growth in terms of revenue through 2033. Par baked bread offers a higher quality and better-tasting option compared to a few pre-packaged bread products. Consumers in Canada are becoming more discerning and interested in the quality and taste of their food.
Canada is a diverse country with a variety of ethnic communities, each with their own unique bread preferences. Par baked bread offers a way for bakers to cater to these different preferences and expand their customer base.
There is a growing interest in healthy bread options such as whole-grain bread in the country. Par baked bread offers a novel way to ensure that the bread is fresh and wholesome while still being convenient, which is likely to propel its demand.
Demand for Par Baked Bread Rolls to Surge amid High Need from Food Service Companies
Rolls are gaining immense popularity due to shorter baking time, as compared to other bread products. It is making them ideal for par-baking and allowing for freshly baked rolls to be served to consumers with minimal effort.
Rolls are also versatile and can be used for a wide variety of purposes, from sandwiches and burgers to dinner rolls and breadsticks. This property is set to make them a popular choice for food service establishments and retailers who want to offer a range of baked goods to their customers.
Rolls have a crispy outer layer and a soft, fluffy interior due to high crust-to-crumb ratio. This texture is highly desirable among millennial consumers, thereby making rolls a popular choice for par baked bread vendors.
Rolls are also cost-effective for food service establishments and retailers, as they can be purchased in bulk and stored in the freezer until needed. This further reduces waste and allows for better inventory management.
Par Baked Bread Suppliers to Witness Exponential Demand from Food Service Industry
The food service industry or HoReCa is a key segment in the market based on end user. Par-baked bread allows food service providers to offer high-quality bread that is freshly baked and has a crisp crust and soft interior. This can enhance the quality and taste of the dishes they serve.
Hypermarkets/supermarkets are projected to follow the footsteps of HoReCa in terms of share by 2033. Par-baked bread can help supermarkets save on labor and equipment costs since they do not need to invest in a dedicated bakery or hire a full-time baker. It can also be customized with different flavors and ingredients as per client orders.
The convenience store category, on the other hand, is anticipated to hold a significant portion of the market in terms of share by the end of 2033. Convenience stores are all about offering quick and easy food options for customers on-the-go. Par-baked bread fits perfectly into this category as it provides them with fresh bread that can be quickly baked on-site or at home.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
A few leading par baked bread companies are expanding their operations or acquiring other firms to increase their production capacity and market share. This can help them meet the growing demand for par-baked bread and gain a competitive edge in the market.
Ensuring consistent quality and taste across all products is crucial for building customer trust and loyalty. Companies are also investing in quality control measures such as product testing and employee training, to ensure that their par baked bread meets high standards.
For instance,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 4,890.90 million |
Projected Market Valuation (2033) | USD 7,140.69 million |
Value-based CAGR (2023 to 2033) | 4.0% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value (USD million) and Volume (MT) |
Key Regions Covered | North America |
Key Countries Covered | United States of America, Canada |
Key Market Segments Covered | Type, Source, End User, and Country |
Key Companies Profiled | Vandemoortele N.V.; Rich Products Corporation; Groupo Bimbo; ASPIRE BAKERIES (La Brea Bakery); Campbell Soup; Sysco Corporation (Baker Source); Dr. Schar USA Inc.; TURANO BAKING CO; Delifrance; Lantmannen Unibake USA; La Brea Bakery; ACE Bakery; Stonefire Authentic Flatbreads; Readi-Bake; Klosterman Baking Company |
Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, Market Dynamics and Challenges, Strategic Growth Initiatives |
The market is valued at USD 4.8 billion in 2023.
The market is estimated to secure a 4.0% CAGR from 2023 to 2033.
Vandemoortele N.V. and Rich Products Corporation are the key manufacturers in the market.
Rolls segment is likely to remain preferred through 2033.
The market is estimated to reach USD 7.1 billion by 2033.
Executive Summary | North America Par Baked Bread Market Market Overview Market Background Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type Rolls Baguettes Batards Ciabatta Flat Bread Focaccia Panini Others Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Source Wheat Rey Mixed Others Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User HoReCa Bakery Chains Hypermarkets/Supermarkets Convenience Stores Specialty Stores Online Retail Departmental Stores Others Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country Key Countries Par Baked Bread Market Analysis Market Structure Analysis Competition Analysis Competition Deep Dive Vandemoortele N.V. Rich Products Corporation Groupo Bimbo ASPIRE BAKERIES (La Brea Bakery) Campbell soup Sysco Corporation (Baker Source) Dr. Schar USA Inc. TURANO BAKING CO Delifrance Lantmannen Unibake USA La Brea Bakery Overview Product Portfolio Profitability by Market Segments (Product/Age /Sales Channel/Region) Sales Footprint ACE Bakery Stonefire Authentic Flatbreads Readi-Bake Klosterman Baking Company Others (on additional request) Assumptions & Acronyms Used Research Methodology
Explore Food and Beverage Insights
View Reports