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Enriched Bread/Enriched Dough Market Size Estimated to Reach $620 Million By 2030: IndustryARC

Oct 10, 2023 12:00 AM ET

Enriched Bread/Enriched Dough Market Size Estimated to Reach $620 Million By 2030: IndustryARC

Global Enriched Bread/Enriched Dough Market size is predicted to reach $620million by 2030, growing at a CAGR of 4.3% during the forecast period 2023-2030. The baking industry has experienced an upsurge in demand for enriched dough in recent years. Dough that has been enriched with various components such as fats, sugars, and milk solids to increase texture, flavor, and shelf life is known as enhanced dough. Customers’ preferences for premium and artisanal bread products are driving this trend. Customers desire bread that is not only tasty but also nutritiouswhich is anticipated to propel the growth of the enriched bread market for the forecast periodfinds IndustryARC in its recent report, titled “Enriched Bread/Enriched Dough Market Size, Share & Trends Analysis ReportBy Type, (Babka, Brioche, Challah, Cinnamon rolls, Dinner rolls, Donuts and Others), By Flavors (Butter, Sweet, Nutty, Spiced, Fruity, Savory and Others), By Application (Bakery Products, Confectionery Items, Frozen Desserts, and Others), By Distribution Channel (Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, and Others,By Geography –Global Opportunity Analysis & Industry Forecast,2023-2030.”

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Europe to Register Highest Growth:

Geographically, in the global Enriched Bread/Enriched Dough Market, Europe is analyzed to grow at the highest growth with a CAGR of 5.9% in 2023-2030 period.The high demand of European countries for enriched bread has been a notable trend in the sector. Enriched bread, which contains extra elements such as vitamins and minerals, has grown in favor among health-conscious consumers. Several European countries have seen extraordinary growth in this category.According to the German Bakers Association 2022, 9600 new bakeries were registered this growth is anticipated to increasing the demand for enriched bread market.

Additionally, creative marketing and distribution activities have been critical in promoting enriched bread. To reach a larger audience, businesses have implemented creative marketing methods and extended their distribution networks. This has resulted in an increase in sales and market share for enriched bread in a number of European countries.

 

Enriched Bread/Enriched Dough Market2023-2030: Scope of the Report

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

4.3%

Market Size in 2030

$620million

Segments Covered

Type, Flavors, Application, Distribution Channel and Region

Geographies Covered

North America, South America, Europe, APAC, Middle East & Africa

Key Market Players

1.      Britannia Industries

2.      Modern Food Enterprises Private Limited

3.      Kalory

4.      English Oven

5.      Bonn

6.      ASPIRE BAKERIES

7.      Schwebel Baking Co.

8.      Gold Medal

9.      Albertsons Companies, Inc

  1. Harvest Gold

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Enriched Bread/Enriched Dough MarketReport – Key Takeaways:

  • ChallahSegment to Register the Highest Share

In the Enriched Bread/Enriched Dough Market Analysis, theChallahsegment is estimated to grow with the highest CAGRof 6.5% during the forecast period 2023-2030. Challah bread, a classic Jewish bread, has grown dramatically in popularity in recent years. Several causes have contributed to this spike in popularity. For instance, the rich history and cultural significance of Challah bread have made it an appealing choice for consumers seeking distinctive and important culinary experiences. Furthermore, the growing desire for artisanal and specialty bread products has created an ideal niche for Challah bread to thrive.

Additionally, bakeries and food corporations have noticed the potential of Challah bread and have increased production to meet the growing demand. Packaging and distribution innovations have made it more accessible to customers, boosting its expansion even more. Ultimately, the cultural significance, versatility, and adaptability to new culinary trends have contributed to Challah bread’s rapid rise, making it a rising star in the bread industry.

  • Confectionery Itemsis the Fastest Growing Segment in the Market

In the Enriched Bread/Enriched Dough Market Analysis, theConfectionery Items segment is estimated to grow with the highest CAGR of 6.2% during the forecast period 2023-2030.Demand for enriched bread in confectionary items has increased significantly in recent years. Enriched bread, supplemented with key nutrients like vitamins and minerals, is gaining appeal among health-conscious consumers. This tendency corresponds to an increasing understanding of nutrition and wellness. Bakeries and confectionery shops are capitalizing on this demand by including enriched bread in their product offers. It not only appeals to health-conscious shoppers, but it also provides a luxury touch to confectionary items. To address this need, firms are exploring collaborations with suppliers of enriched flour and pushing these products as a healthier and more nutritious option in the realm of sweet treats.

  • Rising Demand for Enriched Bread Variants

Enriched bread varieties have grown dramatically in recent years, owing to changing customer tastes for healthier and more nutritional options.These bread types, which are fortified with key components such as vitamins, minerals, and fiber, cater to health-conscious people looking for balanced meals. The rising awareness of the significance of a well-rounded nutritional intake can be ascribed to the growth in demand for enriched bread. Bakeries and food manufacturers have taken advantage of this opportunity, experimenting with new ingredients and flavors to fulfill consumer expectations. According to the German Bakers Association 2022, member bakery branches increased their revenue by 9.4% over the previous year. As a result, the market for enriched bread has grown tremendously, with a wide variety of varieties on store shelves. This upward trend is expected to continue as people prioritize health and wellness.

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Key Opportunity Analysis:

Growing Research & Development

Researchers are looking for new ways to improve the nutritional makeup of bread. Recent developments have incorporated diverse components such as nettle, rosehip meal, pomegranate peel, and agave fructans to enrich bread with nutritional fiber, antioxidants, and probiotics. These efforts aim to fulfill the growing demand for healthier food options by developing bread that not only satisfies hunger but also adds to overall well-being. For instance, Angel Yeast, a Chinese producer, plans to construct a new R&D center in Yichang, Hubei Province, this year to expedite product innovation, with a particular emphasis on the plant-based sector and sports nutrition.The yeast and yeast extract maker and distributor intends to create and develop novel yeast strains that can improve flavor in bread and brewing applications, as well as target the booming plant-based and sports nutrition industries, every year the corporation invests roughly $50 million in R&D these are the factors are anticipated to create opportunities in enriched bread market.

Growing Innovations in the Enriched Bread Products

Exciting breakthroughs in enriched bread products have occurred in recent years. These developments include the use of innovative ingredients such as pomegranate peel and nettle powder to boost fiber and antioxidant content in bread. Furthermore, agave fructans, -cyclodextrins, and probiotics have been employed to develop healthier bread variants.Additionally, multigrain breads have been designed to meet the desire for healthy diet options while streamlining the manufacturing process for economic viability. These advances show an increasing focus on improving bread products’ nutritional content and health advantages. For instance, in May 2023, Bonn Group expanded its Product Portfolio in India with Nutrient-Rich Millet-Based Bread.This contains Millet Bread, as well as exquisite dishes like Millet Pizza and Millet Burgers. These novel products capitalize on the nutritional benefits of Jowar, Bajra, and Ragi, making them an excellent choice for health-conscious consumers as a consequence of rising opportunities for enriched bread markets.

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The Report also Covers the Following Areas:

  • Enriched Bread/Enriched Dough MarketSize and Forecast
  • Enriched Bread/Enriched Dough MarketTrends
  • Enriched Bread/Enriched Dough MarketAnalysis by Deployment Type

Enriched Bread/Enriched Dough Market2023-2030: Key Highlights

  • CAGR of the market during the forecast period 2023-2030
  • Value Chain analysis of key stake holders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Enriched Bread/Enriched Dough Market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Enriched Bread/Enriched Dough Market.

Covid and Ukrainian Crisis Impact:

  • The Covid-19 epidemic has had a significant impact on the world. It has not only endangered people’s lives, but it has also brought the international economy to a halt. This pandemic has had a negative impact on every business including enriched bread, whether it is supporting industry in terms of supply chain or direct manufacturing there is a huge disruption in the global economy. However, there is a balance between retail and food service enriched bread sales to return to pre-covid levels in the recent years.
  • The Russian invasion of Ukraine in 2022, Ukraine’s wheat fields are primarily located in the country’s east, in areas that are currently under Russian siege or occupation, posing unavoidable challenges to the global supply chains of the enriched bread sector. Kharkiv and Kherson have changed from agrarian to military centers. Russia’s invasion of Ukraine has already had an impact on most of this region, pulling farmers away from their farms to fight for survival or flee. In the two years since the epidemic began, worldwide inflation and shortages have already intensified hunger and the prospect of famine in less developed countries.

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List of Key Market Players in Enriched Bread/Enriched Dough Market:

The key companies profiled in the Enriched Bread/Enriched Dough MarketReport are listed below:

  1. Britannia Industries
  2. Modern Food Enterprises Private Limited
  3. Kalory
  4. English Oven
  5. Bonn
  6. ASPIRE BAKERIES
  7. Schwebel Baking Co.
  8. Gold Medal
  9. Albertsons Companies, Inc
  10. Harvest Gold
  11. Wonder Bread
  12. Arnold Bread
  13. Nature’s Own
  14. Pepperidge Farm
  15. Dave’s Killer Bread

Related Reports:

Bread & Rolls Market  – The Bread & Rolls Market size is projected to grow at a CAGR of 2.1% from 2022 to 2027, Growing consumer awareness of gluten-free products and their related health benefits is expected to support market expansion in the Bread & Rolls Market.

Bread Improvers Market – The Bread Improvers Market size is projected to grow at a CAGR of 22.2% during the forecast period from 2022 to 2027. The rising consumption of bread and bread products containing emulsifiers is expected to drive the growth of the Bread Improvers Market during the forecast period.

Dough Product Market  – The Dough Product Market size is growing at a CAGR of 5.5% during the forecast period 2022 to 2027. Growing processed food consumption and a shift toward more convenient food and beverage items are assisting the industry’s growth.

About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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Contact Information:

Mr. Venkat Reddy IndustryARC Email: [email protected] USA: (+1) 518-282-4727



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