Market Trends of Europe Bakery Products Industry
This section covers the major market trends shaping the Europe Bakery Products Market according to our research experts:
Augmented Demand for Convenient Food Products
- Consumers' changing lifestyles are inducing them to opt for convenient food solutions. The hectic lifestyle of consumers is placing augmented demand for convenient food products and ready-to-eat food products such as bread, cookies, biscuits, frozen food products, cakes, etc. The major growing segment in the market is bread. The demand for bread containing fibre, whole grain, gluten-free bakery products, etc., supports the market's growth.
- For instance, in April 2022, Warburtons, a UK bakery company, announced the debut of a new range of sliced loaves called Seeds & Grains, which will be available in recyclable paper packaging. Big 21, which contains 21 varieties of seeds and grains; Plant Power, a blend of pulses, grains, and seeds; and Make It Grain, which has Maris Otter barley malt grain, are the three new 700g loaves. The loaves are made entirely of wholemeal flour, are high in fibre and protein, and are low in saturated fat and sugar. The products will be wrapped in recyclable paper packaging that can be recycled at home with newspapers and cardboard.
- Furthermore, consumers are consuming healthy and fortified bakery products and are gaining immense popularity among consumers attributed to enhanced uptake in healthy lifestyle concepts. Manufacturers in the market are introducing bakery products in multiple categories, such as whole-grain, gluten-free, and other high-fiber products and are also coming up with healthy options, such as oat-containing cookies. Thus, all the above-mentioned factors support market demand throughout the forecast period.
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Germany Witness a Significant Share in Europe Bakery Products Market
- Germany is the major market share holder in the European bakery products market. The rising trend of snacking culture is leading to high consumption of bakery products in the country. Consumers seek healthier alternatives such as gluten-free bakery products or bakery products with omega-3 content, high fibre, whole grain bakery products, etc., to support the health and wellness trend.
- Furthermore, bakery products continue to enjoy the status of being household staples, and their sales are driven by the fact that they constitute a fundamental part of their diet. The consumption of packaged products is also rising among consumers. In addition, consumers are taking a great interest in plant-based food products and paying close attention to their sugar intake. Over the forecast years, this will likely enhance the country's demand for low-calorie or zero-sugar bakery products.
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