Market Overview
The increasing sale of artisan bakery products is driven by the changing consumer’s food consumption preference and economic development. The development in technologies in various countries of the developed regions has led to the innovation in flavors and shelf life of the artisan bakery products. This has raised the consumption of artisan bakery amongst various regions. The sale of artisan bakery is high amongst the population of present young generation based on the high preference towards sweetened ready-to-eat food products. High focus on research and development has a positive impact on the growth rate of the market. The consumption of artisan bakery products is high in Europe and is also evaluated to increase at a high growth rate in various other regions.
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Competitive Analysis-
The major key players in Artisan Bakery market are
- Lantmännen Unibake International (Denmark)
- Vandemoortele (Belgium)
- Aryzta (Swirtzerland)
- Csm Bakery Solutions Llc (U.S.)
- Rich Products Corporation (U.S.)
- Flowers Foods (U.S.)
- Harry Brot GmbH (Germany)
- Bimbo Bakeries (U.S.)
Established players from North America and Europe are following strategies innovations in their-product line to expand their business in other regions due to increasing demand of artisan bakery products. They are mainly focused on increasing their supply to developed regions where the demand of product is raising. In the Europe region, Germany and France are amongst the dominating countries holding a major share in artisan bakery market and exports the product in various other countries of Europe which include Netherlands, Italy, Belgium, U.K. and others.
Market Forecast
Globally the artisan bakery market is estimated to escalate at a higher growth rate which is supported by the rising consumption of convenience bakery food products. Based on the high quality of the product, artisan bakery products is gaining popularity amongst the consumers. The developing economic conditions of various regions are fueling up the market demand for artisan bakery products.
All these factors contribute to the calculated CAGR of 3.85% of artisan bakery market during 2017-2023.
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Intended Audience
- Artisan Bakery manufacturers
- Bakery manufacturers
- Food Industry
- Retailers and wholesalers
- Traders, importers and exporters
Regional Analysis
Global Artisan Bakery Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these Europe region has the major market share followed by North America. Europe region is found to be concentrated with the established key players in the Artisan Bakery market. Raising consumption of bakery goods is supporting the growth of the market in developed countries of North America and Europe region.
Key Findings:
- Artisan breads is evaluated to grow at a higher rate than other artisan product-type segments
- Artisan bakery market in Asia Pacific will witness higher growth during the forecast period.
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