Low Fat Bread: Market Outlook
Bread and bakery products, which remain essential food items for human diet, continue to illustrate consumption on the global market in late-year graphics. Over the decades, bread has been considered as staple food owing to its nutritional and easily available properties.
The global market for low fat bread is anticipated to be dominated by increasing functional food demand during the forecast period. Work-related stress and sedentary lifestyles have adversely impacted the health and wellness of millions around the world.
By increasing awareness, buyers have also resulted in the growing obstacle by shifting to a healthier diet. This shift to a healthy and nutritious diet triggering demand for a low fat bread market.
According to the World Health Organization (WHO), obesity is one of the leading causes for the increasing incidence of diabetes. Almost 16% of ischemic heart disease is caused by obesity.
The WHO also found that about 42 million pre-school children all over the world were overweight in 2013. Since then, there have been no signs of slowing down.
Pursuing a healthy and balanced lifestyle is highlighted as a key trend, particularly as health is being pushed to the fore in the midst of an ongoing outbreak of COVID-19.
Naturally, there is an increasing demand on the market for functional snacks, moderately processed foods, and low-fat food products, as consumers plan to take benefit of healthy nutrition. Increase in adoption of healthy and balanced lifestyle driving the growth of low-fat bread market
Increased Demand for Functional and Clean Label Food Products during Covid-19 Outbreak
There has been a spike in demand for functional and clean label food products as consumer stranded at home due to Covid-19 lockdown have taken aggressively. Due to Covid-19 lockdown, consumer stranded at home and craving for some healthy food products, which is also one of the factor for fueling the demand for low fat bread market across the globe.
Bread, a staple food that constitutes a large part of the daily diet, catered to more practical demand. New low-fat, multi-grain, and high-fiber that appeals to healthy consumers has fueled market growth.
Growing problems with obesity, cardiovascular and diabetes disease have sparked demand for low fat bread over the last decade, which, in turn, is expected to fuel consumer demand.
Increased acceptance of low fat bread in various diets such as Paleo diet, keto diet and many others fueling the growth of global low fat bread market.
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Low Fat Bread Market: Key Players
Some of the key players operating in the global low fat bread market includes
- Group Bimbo Co.
- Lesaffre Inc.
- Barilla Group
- Associated British Foods PLC.
- SAB De CV
- Premium Food Group Limited
Low Fat Bread Market: Regional Analysis
Europe accounted for significant share of the global low fat bread market across the globe. Natural, healthy and low fat claims for bread are key trends in the region.
Increased older population seeking healthy and nutritious bakery products has backed low fat bread market growth. Increasing customer demand for value-added, multicultural, fresh and homemade low fat bread is the primary driver of sales.
Asia-Pacific is also anticipated to grow at a significant growth rate in the low fat bread market, as consumers in Asian countries have a growing appetite for indulgence. The rapid urbanization, growing online retail sales in the Asian countries driving the growth of the global low fat bread market.
The Low fat bread market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the Low fat bread market, including but not limited to: regional markets, product type, source and distribution channel.
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The study is a source of reliable data on:
- Low fat bread market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The Low fat bread market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases).
The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the Low fat bread market report projects the attractiveness of each major segment over the forecast period.
An Adaptive Approach to Modern-day Research Needs
Highlights of the Low fat bread market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the Low fat bread market
- Recommendations to companies for strengthening their foothold in the Low fat bread market
Low Fat Bread: Market Segmentation
On the basis of source, the global low fat bread market can be segmented as:
On the basis of product type, the global low fat bread market can be segmented as:
- Burger Buns
On the basis of distribution channel, the global low fat bread market can be segmented as:
- Convenience Stores
- Specialty Stores
- Online Retailing Stores
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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