EMEA Par-baked Bread Market size to reach $4 billion by 2032

EMEA Par-Baked Bread Market size is anticipated to exceed USD 4 billion by 2032, according to a new research report by Global Market Insights Inc
 

According to the report, the growing presence of industrial bakeries in Europe will fuel the industry expansion. Bread is considered a staple part of many European diets and is bound to witness high demand. There is a consistent increase in population of the younger generation who prefer consuming different food products. Bakery products are an ideal choice for students and the working class who are looking for ready-to-eat items fit for their fast-paced urban lifestyle.
 

Growing popularity of baguette products highlight the market trends

Based on type, the EMEA par-baked bread market from baguette segment will witness over 4% CAGR from 2023 to 2032, due to the rise in the export of bakery goods from Europe. Among them is France’s popular bread baguette, which also made it to UN’s cultural heritage list in November 2022. There has also been a rise in the adoption of bakery products from across the globe.
 

Adoption of healthier lifestyle to fuel consumption across artisan bakers

On the basis of end-user, the artisans bakers segment is projected to cross USD 900 million by 2032, owing to the rising popularity of healthier and nutritional eating habits, fueled by the pandemic-induced lockdown. Artisan bakers ensure that the bread, made from scratch with natural ingredients, is mixed, fermented, shaped, and baked with the highest capabilities, which is a healthier choice compared to other breads.
 

Browse key industry insights spread across 230 pages with 188 market data tables and 30 figures & charts from the report, “Europe and Middle East & Africa (EMEA) Par-baked Bread Market Size, By Type (Baguette, Rolls, Loaf), By End-User (Convenience Stores, Hypermarkets & Supermarkets, Artisans Bakers, Bakery Chains), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2032” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/emea-par-baked-bread-market
 

Rising demand for Western-style bakeries to bolster Saudi Arabia market

From a regional perspective, the Saudi Arabia par-baked bread industry share is predicted to grow at more than 6% CAGR through 2032, attributed to rising demand for Western-style bakeries in Middle Eastern countries. Saudi Arabia is one of the markets where demand for par-baked bread is poised for steady growth, given the rise in the number of international bakery franchises there. A strong tourism sector in the region could have a significant impact on the overall demand for break products across the country.
 

Boosting production capacity to shape the industry development

Major participants operating in the EMEA par-baked bread market are Menissez, Prima International, Europe des Pains, The Soufflet Group, Bakemart Gourmet, Vandemoortele, and Rich Products Corporation, amongst others. To keep up with the rising demand, many firms are working on increasing their production facilities.
 

For instance, in January 2021, the French industrial bakery supplier Menissez invested USD 213 million toward increasing production capacity at its plants in France and will also establish a new factory for new production lines, having the capacity to produce 100,000 tons of bread by 2024. The move will aid the supplier in strengthening its market position and expand revenue streams.