The Global Bread Crumbs Market size is expected to reach $1.2 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period.In the year 2022, the market attained a volume of 146.7 Kilo Tons, experiencing a growth of 2.5% (2019-2022).
The use of paprika flavor is growing with the rise in consumption of fast food. Therefore, the paprika segment would acquire approximately 9% share of the market by 2030. The demand for paprika spice in the market is being driven by an increase in customer desire for distinct and varied ingredients in the food processing industry. A number of consumers are drawn to the smoky, spicy, and sweet qualities that breadcrumbs spiced with paprika provide. The popularity of paprika-flavored bread crumbs has also increased due to their frequent use in a number of cuisines, including Hungarian, Spanish, American, and Mediterranean. Some of the factors impacting the market are rapid expansion of the food service industry, global expansion of the hotel sector and rising prevalence of obesity and other health problems.
The food business, which includes eateries, fast-food outlets, and producers of ready-to-eat meals, has been expanding steadily. The demand for bread crumbs as a key component in different recipes has increased. The expansion of the food service industry can be linked to several factors, including the fast-food industry, the increased popularity of eating out, and the rising desire for upscale cuisine. A single ghost kitchen can prepare meals for several (or even all of) a brand's customers, offering up markets that a single-brand play might not have been able to exploit. Thus, the expanding food service sector will augment the market's growth in the coming years. Moreover, the hotel and tourist industry rank among the top revenue-producing industries with a £66 billion GVA contribution and 3 million employees. This area of the economy significantly impacts the overall social and economic prosperity of the UK. Additionally, Saudi Arabia's hotel, restaurant, and institutional (HRI) industry is significant and resilient, making it a desirable export destination for businesses. In 2019, this sector generated $21.7 billion in revenue from consumer food services. The market is expected to grow internationally as a result of these factors.
However, the consumption of fast food has increased significantly during the last few years. The rising rate of consumer obesity, meantime, is one of the major market constraints. The food industry is having trouble because of rising health worries about consuming too much fat, calories, and sugar. As people's understanding of their health has grown, so has their propensity to adopt a healthy lifestyle and eating habits. Over the forecast period, rising health consciousness among consumers is anticipated to obstruct the market's growth.
Based on distribution channel, the market is segmented into food service and retail. The retail segment recorded a substantial revenue share in the market in 2022. Supermarkets/hypermarkets, online distribution channels, wholesalers, and other convenience stores are all included in the retail section. Numerous stores throughout the world, including Walmart, Tesco, and others, have been prompted by the increased demand for ready-to-eat items to stock up on both flavored and plain bread crumbs.
The retail segment is further subdivided into online, hypermarkets/supermarkets, wholesale stores, and others. The hypermarkets/supermarkets segment witnessed the largest revenue share in the market in 2022. Because there are more supermarkets, hypermarkets, and other retail outlets, it is anticipated that the industry for bread premixes or bread crumbs will continue to expand. Another important element driving demand is the rising popularity of fast food. Due to the rapid expansion of the processed food sector in developing economies like China and India, industrialized economies have recently lagged behind in terms of the consumption of processed foods.
By end-use, the market is divided into dessert, fresh food items, frozen food items, pet treats, and others. The fresh food items segment garnered the maximum revenue share in the market in 2022. The demand for the segment of fresh food items is being fueled by the widespread use of these crumbs as a coating, binding agent, and breading component in several food applications. In order to give meats and culinary products structure, breadcrumbs are frequently utilized as binding agents and coating. As binders, thickeners, and coatings, many manufacturers offer a range of these crumbs, including homestyle, Japanese-style, sheeted, and American-style bread crumbs.
On the basis of seasoning, the market is classified into unflavored, Italian, French, cheese, paprika, and garlic. The garlic segment witnessed a promising growth rate in the market in 2022. Garlic bread crumbs are a preferred ingredient for both restaurants as well as home cooks because they can offer a pleasant and flavorful taste to a range of recipes. Garlic bread crumbs are an easy method to improve the flavor and texture of a variety of foods, including salads, casseroles, pasta, and more, as customers look for quick-to-prepare and adaptable meal options.
Based on product, the market is characterized into dry, fresh, panko, and others. The dry segment garnered the highest revenue share in the market in 2022. The demand is primarily driven by aspects like longer shelf life and high absorption. Compared to fresh breadcrumbs, dried breadcrumbs offer a practical alternative and may be kept in containers for extended lengths of time. Additionally, the accessibility of both flavored and plain dried bread crumbs gives a number of businesses a chance to provide consumers with a variety of flavors and varieties.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 944.3 Million |
| Market size forecast in 2030 | USD 1.2 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 3.5% from 2023 to 2030 |
| Number of Pages | 526 |
| Number of Table | 1168 |
| Quantitative Data | Volume in Kilo Tons; revenue in USD Million, and CAGR from 2019 to 2030 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Product, Seasoning, Distribution Channel, End-use, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Region wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment procured the maximum revenue share in the market in 2022. The market in this region is expanding as a result of the presence of a sizable food service sector and increased consumer demand for international cuisine, which are the main factors boosting the demand in this region. The region also has a strong demand for breaded fish and meat due to the consumption of fish and processed meat.
Free Valuable Insights: Global Bread Crumbs Market size to reach USD 1.2 Billion by 2030
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kikkoman Corporation, 4C Foods Corporation, General Mills, Inc., Edward & Sons Trading Co., Inc., Gonnella Baking Co., George DeLallo Company, Inc., Gillian's Foods, and Aleia’s Gluten Free Foods, LLC
By Distribution Channel(Volume, Kilo Tons, USD Million, 2019-2030)
By End-use(Volume, Kilo Tons, USD Million, 2019-2030)
By Seasoning(Volume, Kilo Tons, USD Million, 2019-2030)
By Product(Volume, Kilo Tons, USD Million, 2019-2030)
By Geography(Volume, Kilo Tons, USD Million, 2019-2030)
This Market size is expected to reach $1.2 billion by 2030.
Rapid expansion of the food service industry are driving the Market in coming years, however, Rising prevalence of obesity and other health problems restraints the growth of the Market.
Kikkoman Corporation, 4C Foods Corporation, General Mills, Inc., Edward & Sons Trading Co., Inc., Gonnella Baking Co., George DeLallo Company, Inc., Gillian's Foods, and Aleia’s Gluten Free Foods, LLC
The Unflavored segment acquired the highest revenue in the Market by Seasoning in 2022; thereby, achieving a market value of $822.1 million by 2030.
The Food Service segment is leading the Market by Distribution Channel in 2022; thereby, achieving a market value of $827.3 million by 2030.
The Asia Pacific region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $650.3 million by 2030.
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