$11+ Billion Worldwide Organic Bakery Products Industry to 2031 - Increasing Consumer Preferences Towards Healthy Ingredients is a Major Driver - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Organic Bakery Products Global Market Report 2022" has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global organic bakery products market.

The global organic bakery products market is expected to grow from $10.08 billion in 2021 to $11 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The market is expected to grow to $14.22 billion in 2026 at a compound annual growth rate (CAGR) of 6.6%.

Companies Mentioned

• Flower Foods Inc.
• Hain Celestial Group (Rudi's Bakery)
• Manna Organics LLC
• Toufayan Bakery Inc.
• Mestemacher GmbH
• United States Bakery
• Alvarado Street Bakery
• Flowers Food (US)
• Natures Bakery Cooperative
• New Horizon Foods Inc. (US)
• Nutri-Bake Inc. (Canada)
• Soyfoods Ltd. (UK)
• Cress Spring Bakery (US)
• Healthybake (Australia)
• Honeyrose Bakery
• The Essential Baking
• ACE Bakery
• Kellogg Co.
• Mondelez International
• Grupo Bimbo
• Finsbury Food group Plc.
• Associated British Foods Plc.
• Baker Delight Holdings Limited

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The organic bakery products manufacturing market consists of sales of organic bakery and related products. Organic bakery products are made using organic ingredients such as wheat gluten, milk, butter, honey, eggs, oils, starch, sugar, spices, raisins, cereals, grain flours and meat-based ingredients. To meet the requirements of organic certification the manufacturers produce organic bakery products as per the set guidelines of the food safety organizations of their respective countries.

The organic bakery products market covered in this report is segmented by product type into bread & rolls, savory snacks, cakes & pastries, cookies & biscuits, others. It is also segmented by distribution channel into wholesalers/ distributors/ direct, supermarkets/ hypermarkets, convenience stores, online retailers, other retail formats and by category into gluten-free, sugar-free, low-calories.

Asia Pacific was the largest region in the organic bakery products market in 2021. Western Europe was the second-largest region in the organic bakery products market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The organic bakery products manufacturing market covered in this report is segmented by product type into bread & rolls, savory snacks, cakes & pastries, cookies & biscuits, others. It is also segmented by distribution channel into wholesalers/ distributors/ direct, supermarkets/ hypermarkets, convenience stores, online retailers, other retail formats and by category into gluten-free, sugar-free, low-calories.

Increasing consumer preferences towards healthy ingredients is a major driver for the organic bakery products market. The growing urbanization is leading to hectic lifestyles and unhealthy eating options which has resulted in lifestyle disorders and deterioration of health of the consumers. Therefore, changing consumer preference is forcing manufacturers to switch to the use of organic ingredients such as organic baking powder, gluten-free powder, and aluminium-free baking powder. Moreover, the rising disposable income of the population is expected to contribute to the higher demand for organic bakery products in the near future. According to Trading Economics, the disposable personal income in India increased to USD 2,971,770 million in 2019 from USD 2,964,090 million in 2018.

Certifying and labelling organic bakery products follows very strict and unwavering guidelines and is hampering the growth of the organic bakery products market. For a product to be considered certified organic, the product must not be produced using any genetic engineering, irradiation, and must be comprised solely of ingredients included on the National List of Allowed and Prohibited Substances.

For instance, in United States, the production of organic bakery products must be overseen by the United States Department of Agriculture National Organic Program. Therefore, following all the mandatory guidelines and meeting the certification requirements will hamper the growth of the organic bakery products market.

The use of innovative technology for enhanced taste and flavor is the trend in the organic bakery products manufacturing market. The rising preference for organic bakery products among consumers, owing to their health benefits is motivating manufacturers to use innovative technology and methods to offer new organic bakery products with enhanced taste and flavor. The manufacturers are trying to study new methods to increase the shelf-life of the products such as the use of natural preservatives along with enhanced taste till the time of consumption.

The countries covered in the market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

For more information about this report visit https://www.researchandmarkets.com/r/bxbq4u