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DUBLIN–(BUSINESS WIRE)–The “Organic Bakery Products Global Market Report 2022” has been added ResearchAndMarkets.com’s to give.
This report provides analysts, marketers and senior management with the critical information they need to assess the global bakery market.
The global bakery market 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 in 2026 at a compound annual growth rate (CAGR) of 6.6%.
Listed Companies
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The opinion of the company Flower Foods Inc.
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Hain Celestial Group (Rudi’s Bakery)
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Opinions of the company Manna Organics LLC
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Company opinion Toufayan Bakery Inc.
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Opinions of the company Mestemacher GmbH
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United States Bakery
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Alvarado Street Bakery
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Garden Food (US)
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Natures Bakery Cooperative
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New Horizon Foods Inc.
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Nutri-Bake Inc. (Canada)
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Soyfoods Ltd. (UK)
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Cress Spring Bakery (US)
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Healthybake (Australia)
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Honeyrose Bakery
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Essential Cooking
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ACE Bakery
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The opinion of the company Kellogg Co.
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Mondelez International
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Group Bimbo
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Company opinion Finsbury Food Group plc
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Company opinion Associated British Foods Plc
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Opinion of the company Baker Delight Holdings Limited
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The organic bakery market consists of bakery products and related products. Organic baked goods are made using ingredients such as wheat gluten, milk, butter, honey, eggs, oil, starch, sugar, spices, raisins, corn, wheat flour and meat products. In order to meet the requirements of the organic certificate, manufacturers produce organic bakery products according to the guidelines of the food safety organizations in their countries.
The bakery products market covered in this report is segmented by product types: bread & biscuits, snacks, cakes & pastries, cakes & biscuits, others. It is also divided by distribution channel into wholesalers/distributors/direct, supermarkets/hypermarkets, supermarkets, online retailers, other types of retail and gluten-free, sugar-free, low-fat.
Asia Pacific was the largest region in the organic bakery product market in 2021. Western Europe was the second largest region in the organic bakery product market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The organic bakery market covered in this report is segmented by product types: bread & biscuits, snacks, cakes & pastries, cakes & biscuits, others. It is also divided by distribution channel into wholesalers/distributors/direct, supermarkets/hypermarkets, supermarkets, online retailers, other types of retail and gluten-free, sugar-free, low-fat.
Increasing consumer preference for healthy food is the main driver in the bakery products market. Increasing urbanization is leading to busy lifestyles and unhealthy diets that have led to poor lifestyles and poor consumer health. Therefore, changing consumer preferences is forcing manufacturers to switch to using natural ingredients such as organic baking powder, gluten-free powder, and aluminum-free baking powder. Furthermore, the increase in disposable income is expected to drive the demand for bakery products in the near future. According to Trading Economics, India’s gross domestic product rose to $2,971,770 million in 2019 from $2,964,090 million in 2018.
The certification and labeling of bakery products follows strict and rigid guidelines and is hindering the growth of the bakery products market. For the product to be considered legal, it must not be genetically engineered, light, and must contain ingredients that are on the National List of Allowed and Prohibited Substances.
For example, in the United States, the production of bakery products must be monitored by the United States Department of Agriculture’s National Organic Program. Therefore, following all the legal guidelines and meeting the certification requirements will hinder the growth of the bakery products market.
The use of advanced technology in enhancing taste and aroma is a trend in the organic bakery market. The growing interest in bakery products among consumers, due to their health benefits, encourages manufacturers to use modern technology and methods to create new products with great taste and aroma. The producers are trying to learn new ways to increase the shelf life of the products such as using natural preservatives and good taste until the time of pouring.
The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
For more information on this report visit https://www.researchandmarkets.com/r/bxbq4u
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