Report Overview
Bagels are a popular type of bread product that originated in Jewish communities in Poland in the 17th century. They are characterized by their ring shape, chewy texture, and boiled-then-baked cooking method. In the modern market, bagels are enjoyed by a wide range of consumers for breakfast, snacks, and sandwiches. They are often topped or filled with various ingredients like cream cheese, smoked salmon, or deli meats.
The current market size for bagels in 2023 is estimated at approximately USD 970 million. This figure reflects the steady demand for convenient and versatile food options among consumers. Looking ahead, the projected Compound Annual Growth Rate (CAGR) for the bagel market from 2024 to 2032 is expected to be around 4.5%. This growth can be attributed to factors such as increasing consumer preference for ready-to-eat breakfast items, the popularity of artisanal and gourmet food products, and the expansion of bakery chains offering a variety of bagel flavors.
Several key growth drivers fuel the bagel market. Firstly, the shift towards on-the-go eating habits and the rising demand for quick yet satisfying meal options have boosted the consumption of convenient foods like bagels. Secondly, the increasing focus on health and wellness among consumers has led to the development of whole grain, gluten-free, and organic bagel options to cater to diverse dietary preferences. Lastly, the innovation in flavors and fillings, along with aggressive marketing strategies by manufacturers, have contributed to the market’s growth by attracting new consumer segments.
In terms of market trends, one notable trend is the growing popularity of specialty and artisanal bagels. These unique offerings, such as rainbow bagels, stuffed bagels, or dessert-inspired flavors, cater to consumers seeking novel and Instagram-worthy food experiences. Additionally, the rise of online food delivery services has made it easier for consumers to access a wider range of bagel options from local bakeries and chains, further driving market growth.
Regionally, the bagel market is dominated by North America, particularly the United States, where bagels have become a staple breakfast item. The strong market presence in North America can be attributed to factors such as cultural influences, widespread availability in cafes and supermarkets, and the versatility of bagels in various meal occasions. In Europe, countries like the United Kingdom and Germany also exhibit a growing demand for bagels, driven by changing consumer preferences and the influence of American food trends.
Despite the positive outlook, the bagel market faces challenges such as increasing competition from alternative breakfast options like smoothie bowls or avocado toast. Additionally, fluctuations in raw material prices, particularly wheat and yeast, can impact production costs for bagel manufacturers, potentially affecting pricing strategies and profit margins.
In conclusion, the bagel market continues to show steady growth driven by factors like convenience, innovation, and changing consumer preferences. To capitalize on this growth, businesses in the bagel industry should focus on product diversification, health-conscious offerings, and strategic marketing to appeal to evolving consumer tastes and preferences.
This report provides a deep insight into the global Bagels market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Bagels Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Bagels market in any manner.
Global Bagels Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
BAB Inc
Panera Bread Company
Bruegger’s Bagel Bakery
Einstein Noah Restaurant Group
George Weston Ltd.
Kettleman’s Bagel Company
Flowers Foods
Aryzta Americas
Hostess Brands
Dunkin’ Donuts
McDonald’s
Thomas’ Bagels
Market Segmentation (by Type)
Fresh and Frozen Bagels
Prepackaged Bagels
Market Segmentation (by Application)
Supermarkets
Food Service
Convenience store
Other
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Bagels Market
• Overview of the regional outlook of the Bagels Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Bagels Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.