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Organic Bakery Products Market to Experience an Impressive CAGR 6% during 2020 to 2024


iCrowdNewswire   Jan 12, 2021  9:32 AM ET

Market Insight

Organic Bakery Products are flour-based food baked in an oven, eaten as meal and snacks. Different food safety organizations in different regions has specified particular guidelines related to processing, freezing, and packaging which playing key role in organic bakery products market. Innovation in packaging technology and development in retail channels is likely to boast the market growth during forecast period. Global organic bakery products market is mainly driven by increase in working women population and bachelors due to busy life style. Rise in disposable income and consumer preferences for healthy convenient food is driving the sales of fortified, gluten free and low calories organic bakery products. Moreover, introduction of new innovative products and innovative packaging is also supporting market growth and expanding retail formats are also supporting the market growth.

Organic bakery products market is hugely influenced by food safety organizations which strictly monitors ingredient labelling, manufacturing process and packaging of organic bakery products which is changing the dynamics of the market. Organic bakery products are mainly bought from supermarket and convenience store however busy lifestyle of people is supporting the sales of organic bakery products through online store which will change the future of overall retail network of organic bakery products.

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Latest Industry Updates

March 2017 Rudi’s Organic Bakery, one of the country’s largest organic bread brands, announced the launch of two new breads in partnership with Community Grains, a company dedicated to improving Get

Major Key Players

The key players profiled in Organic Bakery Products Market Report are Rudi’s Organic Bakery (U.S.), New Horizon Foods, Inc. (U.S.), Nutri-Bake Inc. (Canada), SOYFOODS Ltd (U.K.), Cress Spring Bakery (U.S.), Flowers Food (U.S.), and HEALTHYBAKE (Australia) among many others.

Segments

On The Basis of Claim: Sugar-free, Gluten-free, Low-calories, and Others

On The Basis of Distribution Channel: Store Based, and Non-Store Based

On The Basis of Region: North America, Europe, Asia Pacific and ROW.

Regional Analysis

Organic Bakery Products Market is segmented into Europe, North America, APAC and Rest of the World (RoW). Among this North America region has major market share followed by Asia Pacific and Europe. Growing population and rise in disposable income in Asia Pacific region is driving the demand for organic bakery products in that particular region. Rising number of health cognizant and the growing demand for on-the-go products especially in China and India will be the crucial factor underlining the market growth.

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