BAGEL MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Name: Bagel Market Challenges and Opportunities
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Bagel Market Size, Bagel Market Share, Bagel Market Trends, Bagel Market Growth, Bagel Market Analysis, Bagel Market Forecast, Bagel Market Report, Bagel Industry Report

Bagel Market, By Product Type (Plain Bagels, Flavored Bagels, Whole Grain Bagels, and Others), By Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Convenience Stores, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa).

Published In : Dec 2024
Code : CMI7629
Pages :140
Formats :
Excel and PDF
Industry : Consumer Goods

The global bagel market continues to grow steadily driven by the increasing popularity of bagels as a breakfast food. The easy-to-handle and portable nature of bagels makes them very convenient to consume on-the-go. Bagels are gaining widespread acceptance among health-conscious consumers as they are considered a better option than white bread. However, the market faces restraint from consumers' preference for ethnic and specialty breads for breakfast in certain regions.
North America dominates the global bagel market currently due to the strong roots of bagel culture in the U.S. and Canada. European countries are witnessing high demand for bagels influenced by the expanding ethnic food trend. Meanwhile, Asia Pacific is expected to emerge as the fastest growing regional market in the coming years supported by rising breakfast consumption and growing middle-class population in countries like China and India.
There are opportunities for market players to come up with more innovative flavors and formats of bagels to cater to evolving consumer tastes globally. Offering bagels with added health benefits targeting fitness enthusiasts and diet-conscious consumers can expand the overall market reach. Bagel producers may also focus on enhancing their affordable product lines to attract price-sensitive customers in developing regions.