The global packaged croissant market is expected to grow from USD 9.23 billion in 2023 to USD 16.20 billion by 2023 at a CAGR of 5.79%.
This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the overall market. The historic years considered for the study are 2018-2021, the base year is 2022, the estimated year is 2023, and the forecast period is 2023-2033.
The market has experienced growth from the past few years, which is anticipated to continue its growth for the next coming years as well. Strategies like new product developments have been introduced by the leading manufacturers in order to increase their revenue flow thereby enhancing the market share of the players. Raw materials for products are majorly procured from third party suppliers, hence the improper handling of these raw materials or supplies can adversely affect the security and quality of finished products.
Furthermore, food regulatory and compliance authorities in some countries shutdown their business and are being called for product recall if the products pose a threat to the health of consumers and due to degradation of product quality.
Geographically, the market is classified into North America, Asia-Pacific, South America, Europe, and the Middle East & Africa.
Europe and the Middle East & African regions will contribute to the major growth of the market during the forecast period. The massive intake of the product in the countries such as Germany, Spain, Italy, Africa, and many others have led to the growth of the industry.
The Asia-Pacific region is predicted to mark incremental growth in the upcoming years. The regional market growth is contributed by the increasing demand for snack products owing to hectic lifestyles in countries such as India and China.
Key players operating in the packaged croissant market are Bauli, Lantmannen Unibake, Le Bon Croissant, Chipita, General Mills, Grupo Bimbo, Spanish Market Ltd, Upper Crust, San Giorgio Dolce&Salato, Fresh Snack, Edita Food Industries, Vancouver Croissant, and McCain Foods.
• What are the key trends in the market?
• How the market (and its various subsegments) has grown in the last four years and what would be the growth rate in the next five years?
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top players?
The research study extensively uses both secondary and primary research methodologies. More than 200 industry leaders from various phases of the value chain (demand side, supply side, resellers/distributors, and other independent consultants) were interviewed to gain crucial insights about this market and validate the research findings. Secondary sources referred for the research study include company websites, annual reports, paid database tools, investor presentations, webinars, blogs, news/journals, whitepapers, survey papers, associations, and government websites. All the collected data and insights were then processed using our proprietary data mining software that executes various algorithms to make projections for the forecast period.
Packaged Croissant Market Scope:
Report Data | Packaged Croissant Market |
Packaged Croissant Market Forecast Value 2033 | 16.20Billion |
Packaged Croissant Market CAGR 2023 - 2033 | 5.79% |
Packaged Croissant Market Forecast Period | 2023 - 2033 |
Packaged Croissant Market Base Year | 2022 |
Regional Scope | North America, Europe, Asia Pacific, South America, and Middle East & Africa |
Key Companies Profiled | Bauli, Lantmannen Unibake, Le Bon Croissant, Chipita, General Mills, Grupo Bimbo, Spanish Market Ltd, Upper Crust, San Giorgio Dolce&Salato, Fresh Snack, Edita Food Industries, Vancouver Croissant, and McCain Foods. |
Key Segments | By Product By Distribution Channel By Region |
Report Coverage | Market Sizing, Market Forecasting, Market Dynamics, Market Trends, Market Development Analysis, Market Share Analysis, Regional Analysis, Competitive Positioning, Competitive Benchmarking, Competitive Landscape, Company Profiling, Regulation Analysis, etc. |
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