The Latin America, Middle East and Africa Packaged Bread Market would witness market growth of 15.3% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 6,499.1 Kilo Tonnes, showcasing a growth of 13.3% (2024-2031).
Whole wheat bread is gaining traction as consumers prioritize whole grain options that offer more fiber and nutrients compared to refined alternatives. The health benefits associated with whole grains, such as improved digestion and reduced risk of chronic diseases, are driving its popularity. Brands are responding by introducing organic and specialty whole wheat products, catering to the growing segment of health-focused consumers. Consequently, in UAE, 363.6 kilo tonnes of packaged Whole wheat bread is expected to be utilized by the year 2031.
The Brazil market dominated the LAMEA Packaged Bread Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $19,615.6 million by 2031. The Argentina market is expected to witness a CAGR of 16.2% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 15% during (2024 - 2031).
In recent years, chefs and home cooks have embraced packaged bread innovatively. From using stale bread for breadcrumbs to creating unique desserts like bread pudding, the applications are limited only by creativity. Packaged bread can also serve as a side dish or complement to main meals. It can be paired with soups, salads, and stews, adding texture and flavor.
The packaged bread market continuously evolves, reflecting broader consumer behavior trends and societal shifts. A growing emphasis on health and wellness has increased demand for whole grain, high-fiber, and low-calorie bread options. Consumers are scrutinizing ingredient lists and seeking products that align with their health goals.
The UAE's increasing urbanization and number of immigrants have resulted in a heightened consumer preference for convenient culinary solutions, such as packaged bread. As residents and visitors seek quick meal options that accommodate busy lifestyles, packaged bread is a versatile choice for breakfasts, lunches, and snacks, further driving its demand. Hence, the rising food service sector in the UAE and the thriving food processing sector in Brazil are driving the market's growth.
Free Valuable Insights: The Worldwide Packaged Bread Market is Projected to reach USD 904.8 Billion by 2031, at a CAGR of 13.7%
Based on Packaging, the market is segmented into Plastic Bags, Biodegradable Packaging, Paper Bags, and Reusable Containers. Based on Distribution Channel, the market is segmented into Specialty Stores, Supermarket & Hypermarket, Convenience Stores, and Online Retailers. Based on Product, the market is segmented into White Bread, Brown Bread, Multigrain Bread, Whole Wheat Bread, and Sourdough Bread. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Packaging (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Product (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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