October 11, 2021
According to the report titled ‘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 Landscape & Forecast, 2021 – 2027’, available with MarketStudyReport, Europe and Middle East & Africa par-baked bread market is projected to witness robust growth during 2021-2027.
Increase in consumer demand for freshly baked products is the major driving factor for growth of Europe and Middle East & Africa par-baked bread market.
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For the record, par-baking is a method of partially baking the bread and then flash freezing it to retain its taste. These loaves can be prepared minutes before eating. Many supermarkets have recently begun buying par-baked bread from bakeries to bake and sell them fresh to customers every day. As a result of simplicity of baking, these goods are becoming more popular, which has resulted in multiplying industry revenues.
Following the COVID-19 outbreak, increased health awareness among consumers has boosted demand for freshly prepared foods as part of a balanced diet. Furthermore, the longer shelf life of par-baked bread has made them ideal for long-term storage, enabling retailers to in bulk. As a result, growing knowledge of product benefits is assisting industrial growth.
Based on type, the market is categorized into baguette, rolls, loaf, and others. During the analysis period, Europe and MEA par-baked bread market share from the other type category is expected to expand at a CAGR of about 4.5 percent, reaching a significant valuation by the end of 2027. This surge can be credited to preference for nutritional alternatives over fast food.
As per the application spectrum, the market is segmented into convenience shops, artisan bakers, hypermarkets & supermarkets, and bakery chains. By the end of 2027, the convenience store segment is expected to hold a significant industry share, with growth expected to be stable during the forecast period. Ease of stopping-in for groceries and other necessities is making convenience shops a feasible choice for purchasing fresh par-baked bread.
The competitive landscape of Europe and Middle East & Africa par-baked bread market includes companies like Delifrance, Rich Products Corporation, Greendale Group, The Soufflet Group, Bakemart Gourmet, Menissez, Lantmannen Unibake, Prima International, Europe des Pains SA, Vandemoortele, and Country Style Foods among others.