Bread Crumbs Market growing at a CAGR of 3.5% from 2023 to 2030

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Seafood, fried foods, and processed meat consumed at food service outlets and households require high amounts of bread crumbs to enhance their visual appeal, texture, and taste. The use of bread crumbs serves as a convenient option for food retailers to provide a standardized blend of ingredients utilizing bread crumbs in food applications.

In addition, the rising consumption of fast food among the younger populace has also fueled the demand for bread crumbs. Quick service and fast-food chains strongly rely on breadcrumbs for several items on their menus. Fried food companies operating in the market are also actively innovating and producing customized foods to cater to diverse ethnic groups by utilizing different kinds of spices and blends into bread crumbs. Several fast-food companies are incorporating influences from Mediterranean, Asian, and Mexican cuisines to widen their reach among consumers.

The usage of bread waste generated in baking and other food applications can be effectively utilized in the manufacturing of breadcrumbs. The waste derived from the baking process can be dried, ground, and sifted to create breadcrumbs that can be extensively used for several baked goods and dessert applications. In addition, staling of bread is the main cause of the short shelf life of products in several supermarkets and hypermarkets. For instance, according to Tesco, in 2021-2022, close to 10% of baked goods were wasted.

Product Insights

In terms of product, the market is segmented into dry, fresh, panko, and others. The dry segment held the largest share of 55.4% in terms of revenue. Factors such as high absorption and longer shelf life are major factors driving the demand for dry bread crumbs. Dried bread crumbs can be stored in containers for longer periods and pose as a feasible option than fresh breadcrumbs. In addition, the wide availability of dried bread crumbs in flavored and plain options is an opportunity for several manufacturers to offer diverse flavors and types to consumers.

The panko segment is expected to showcase the fastest CAGR of 3.84% during the forecast period. Factors such as rising consumer awareness toward new cuisines coupled with the unique texture offered by panko bread crumbs are the primary factors driving the product demand. Panko bread crumbs are crispier, coarser and offer a desirable crunch in processed meat and processed foods.

Growing consumer awareness towards gourmet and exotic cuisines among the urban populace globally is driving the demand for panko breadcrumbs in several flavors such as honey, soy, and ginger. In addition, the rise of plant-based diets is also supporting the growth of the segment. For example, in October 2022, U.S.-based Noodles & Company announced the launch of plant-based panko chicken protein.

Bread Crumbs Market Report Scope