Packaged Croissant Market is to grow by USD 1.85 billion from 2023 to 2028, Driven by the growing demand for convenience food – Technavio

NEW YORK, Dec. 13, 2023 /PRNewswire/ — The packaged croissant market is expected to grow by USD 1.85 billion from 2023 to 2028, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 4.57% during the forecast period. Growing demand for convenience food is notably driving the packaged croissant market. However, factors such as the Unpleasant health effects of bakery items due to high calories and fat may impede market growth. The market is segmented by type (shelf-stable croissants and frozen croissants), distribution channel (offline and online), and geography (Europe, North America, APAC, South America, and Middle East and Africa). 

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The Free sample report is available in PDF format 

Key Segment Analysis

The market share growth by the shelf-stable croissants segment will be significant during the forecast period. With no refrigeration requirements, shelf-stable croissants are suitable for storage and consumption over a period of time. This segment is designed to appeal to consumers who are seeking convenience, long-term longevity, and availability in their daily croissant consumption. A range of flavors, fillings, and shapes is available for shelf-stable croissants. To meet the needs of each taste, manufacturers are often experimenting with a variety of fillings including chocolate-flavored, almond-flavored, vanilla-flavored, and fruit-flavored Fillings in order to enable them to satisfy various tastes. 

To know additional highlights and key points on various market segments and their impact in coming years, View the Free PDF Sample Report.

Geographical Market Analysis 

Europe is estimated to contribute 33% to the growth of the global market during the forecast period. There is a large number of bakery shops and chains as well as a thriving market in this region on account of innovation, consumers’ preferences, and distribution channels. In addition, as a result of the ease of eating croissants and their delicious taste, demand for packages has increased at an increasing rate in comparison with all bakery products. In addition, a growing discretionary income, a strong appetite for convenience foods, and an increased demand for healthy products are supporting the region’s packaging croissant market. Moreover, demand has been registered for multicultural and flavor designs, lower sugar levels, and low-calorie or no-fat packs of croissants.

Company Insights 

The packaged croissant market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market’s competitive landscape and offers information on several market companies, including Bauli S.p.A., Boulangerie Solignac, Britannia Industries Ltd., Corporativo Bimbo SA de CV, Edita Food Industries, FRESH SNACK, General Mills Inc., Lantmannen ekonomisk forening, McCain Foods Ltd., Mondelez International Inc., Pizzo and Crozzo, Rademaker BV, San Giorgio Spa, Spanish Market doo, Starbucks Corp., Sydney Cake House Sdn Bhd, Tata Sons Pvt. Ltd., Upper Crust, and Vancouver Croissant Enterprises Ltd.

View the Free PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

The Bakery Products Market is projected to increase by USD 231.14 billion and the market size is estimated to grow at a CAGR of 6.4% between 2022 and 2027.

The baking ingredients market size is estimated to grow at a CAGR of 6.21% between 2023 and 2027. The market size is forecast to increase by USD 5,878.8 million.

ToC:

Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Type

Market Segmentation by Distribution Channel

Market Segmentation by Geography

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio