Artisan Bakery Market To Gain Traction; Clonakilty Gluten-Free Kitchen Launches Gluten-Free Products To Attract Health Conscious Customers
Posted on Feb 6 2023 9:49 AM
"Artisan bakeries are majorly used to prepare pastries, buns, bread, cakes, and savory products. These products contain protein, carbohydrates, antioxidants, and dietary fiber. "
The global artisan bakery market size is expected to grow due to the increasing demand for multigrain and premium baked goods. Fortune Business Insights™ publishes this information in an upcoming report titled, "Artisan Bakery Market, 2022-2029". Artisan bakeries are majorly used to prepare pastries, buns, bread, cakes, and savory products. These products contain protein, carbohydrates, antioxidants, and dietary fiber.
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COVID-19 Impact:
Changing Food Preferences Amid Pandemic Hampered the Market Growth
The outbreak of COVID-19 pandemic created a huge impact on various industries, including the food and beverage sector. The government has imposed strict restrictions on the import/export activities and production units, which affected the artisan bakery market growth during the pandemic period. Also, the population highly adopts healthy eating habits amid pandemics to improve their immune systems. Changing lifestyles and food preferences of people affected the overall business performance of companies operating in the industry.
Segments:
By type, the market is trifurcated into partially baked, fully baked, and others.
Based on distribution channels, the market is divided into convenience stores, supermarkets & hypermarkets, artisanal bakeries, independent retailers, and online channels.
On the basis of application, the market is categorized into bread, savory, cake & sweets, and others.
Finally, by geography, the market share is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Report Coverage:
The research report sheds light on the recent developments and trends in the market along with the drivers and restraints affecting the global market growth during the forecast period. The impact of COVID-19 pandemic on the market development and expansion is highlighted further in this report. Furthermore, regional insights on segmented market areas are mentioned further along with the leading market players in respective regions.
Drivers & Restraints:
Rising Demand for Convenience Food To Augment Growth
The artisan bakery products are chemical-free and are available globally. The market is anticipated to grow significantly during the forecast period owing to the increasing demand for convenience food. Also, the beneficial properties of artisan bakery products such as proteins, antioxidants, dietary fiber, and carbohydrates are expected to drive market growth during the forecast period.
However, the changing food preferences and rising adoption of vegan food may hamper the market growth in the coming years.
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Regional Insights:
North America To Be Dominant Region Due To Rising Consumption of Bakery Products
North America is expected to hold the most dominant global artisan bakery market share during the forecast period due to the increasing consumption of bakery products. Also, the rising population and increasing adoption of convenience food are anticipated to bolster regional market growth.
Asia Pacific is anticipated to hold the second-highest global market share during the projected period due to the increasing product demand. Also, changing dietary trends and lifestyles are expected to drive the regional market.
Competitive Landscape:
New Product Launch Allow Companies To Strengthen Their Market Position
The leading market players focus on launching new products to enhance their product portfolio and expand their business globally. Also, the companies consider forming strategic alliances, partnerships, mergers, acquisitions, and collaborations to strengthen their market position and improve their business performance.
Key Industry Developments:
- March 2022: Izzio Artisan Bakery launched the new At-Home 100% recyclable packaging for baked products. These artisan bakery products are all composed of natural ingredients, GMO-free, Plant-based, Kosher, and Vegan. The products from Izzio Artisan Bakery are formulated so that they can be consumed along with the packaging after baking.
- July 2021:Clonakilty Gluten-Free Kitchen launches a wide range of artisan gluten-free products in Clonakilty. These products are majorly formulated for the coeliac and gluten intolerant population. The brand offers a range of products worldwide, such as yeast bread specialty loaves, oat, and yogurt loaf.
- April 2018:Nature's Own also launched a new addition to the company by introducing artisan bread in the market. The bread varieties launched are thick-sliced, free from preservatives and colors, and GMO-certified.
List of Key Players Profiled in the Market Report for Artisan Bakery:
- Grupo Bimbo, S.A.B. de C.V. (Mexico)
- Aryzta AG (Switzerland)
- Corbion NV (Netherlands)
- Harry Brot GmBh (Germany)
- Safinco NV (Belgium)
- Flowers Foods, Inc. (U.S.)
- R E Rich Family Holding Corporation (U.S.)
- Premier Foods plc (U.K.)
- Yamazaki Baking Co., Ltd. (Japan)
- Associated British Foods PLC (U.K.)
- Fins bury Food Group PLC (U.K.)
- Barilla Holding S.p.A. (Italy)
- Fuji Baking Group Co. Limited (Japan)
- Lantamannen Unibake International (Denmark)
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