Request a Free Sample to learn more about this report
BAGELS MARKET REPORT OVERVIEW
The global Bagels Market size expanded rapidly in 2024 and the market is projected to grow substantially by 2032, exhibiting a prodigious CAGR during the forecast period.
Bagels are a form of bread product originating from Jewish groups in Poland. They are traditionally fashioned by hand into the form of a ring from yeasted wheat dough, kind of hand-sized, this is first boiled for a short time in water and then baked. This effects in a dense, chewy, doughy interior with a browned and once-in-a-while crisp outside. Bagels are frequently crowned with seeds consisting of poppy or sesame and can be flavoured or topped with diverse other elements like garlic, onion, or cheese. They are usually enjoyed with quite a few spreads, along with cream cheese, or used as the base for sandwiches.
COVID-19 Impact: bagel shops and bakeries faced reduced foot traffic due to lockdowns and restrictions in place
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
The covid19 chaos that brought about the pandemic had an awesome-sized impact on the bagel marketplace as it did on many segments of the meal organization. With lockdowns and guidelines in place, many bagel stores and bakeries faced decreased foot traffic and reduced sales. Supply chain disruptions additionally affected the provision of elements. However, there was an increased call for bagels in the retail area as customers grew to become comfort meals and domestic baking in the course of lockdowns. This shift in patron conduct brought about an upward push in sales of bagels in grocery shops and through online structures.
LATEST TRENDS
"increasing popularity of gluten-free and low-carb bagels with rising health consciousness"
A tremendous trend in the bagel marketplace is the increasing reputation of gluten-free and coffee-carb bagels. With growing recognition of gluten sensitivities and a shift in the direction of healthier eating behaviour, purchasers are seeking out alternative bagel options that cater to dietary restrictions and alternatives. This fashion has brought about plenty of innovations within the components and production techniques used to create bagels that maintain the traditional taste and texture even as an assembly of these new customer needs.
Request a Free Sample to learn more about this report
BAGELS MARKET SEGMENTATION
By Type
Based on type the market can be categorized into Fresh and Frozen Bagels and Prepackaged Bagels.
- Fresh and Frozen Bagels: Fresh bagels are usually baked and sold inside a quick time-frame to make certain most advantageous freshness.
- Prepackaged Bagels: Prepackaged bagels are commonly mass-produced and sealed in packaging to preserve freshness over a prolonged duration.
By Application
Based on application the market can be categorized into Supermarkets, Food Service, Convenience stores and Others.
- Supermarkets: Supermarkets are a major distribution channel for fresh, frozen, and prepackaged bagels.
- Food Service: The food service segment consists of restaurants, cafes, and delis that serve bagels as a part of their menu.
- Convenience Stores: Convenience stores normally inventory prepackaged bagels due to their longer shelf existence and clean storage.
- Other: This category consists of unique stores, online outlets, and other areas of interest markets that may offer lots of bagel options, inclusive of artisanal and gourmand types.
DRIVING FACTORS
"Increased demand with demand for quick and convenient meal solutions"
The increasing tempo of present-day life has amplified the demand for quick and convenient meal answers. Bagels, being a flexible and easy-to-eat alternative, match properly into this trend. They may be easily custom-designed with diverse toppings and spreads to fulfil the man or woman’s nutritional alternatives, making them a popular desire for breakfast or on-the-cross meals. This comfort component is using their popularity, mainly among busy professionals and households.
"Continuous innovation in bagel varieties and flavours fuels market growth"
Continuous innovation in bagel sorts and flavours is also driving the Bagel market growth. Key gamers within the marketplace are increasing their product strains to consist of entire grain, multigrain, gluten-free, and occasional-carb alternatives to cater to fitness-aware customers. Additionally, the creation of particular flavours and seasonal sorts helps in attracting new customers and maintaining existing ones. These innovations now not only meet numerous purchaser demands but also hold the market dynamic and competitive.
RESTRAINING FACTOR
"Challenges due to competition from other breakfast and snack options"
One restraining issue in the bagel market is the competition from other breakfast and snack alternatives. With a plethora of choices to be had, which include a wide range of baked items, cereals, and on-the-cross snack bars, bagels face stiff competition in taking pictures purchaser hobby and marketplace share. This diversification in client choices can limit the growth capability of traditional bagel products.
Request a Free Sample to learn more about this report
BAGELS MARKET REGIONAL INSIGHTS
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
"North America to Dominate the Market as Bagels are a staple in many American diets "
North America, particularly the USA, dominates the Bagel market share. Bagels are a staple in many American diets, specifically in urban areas with a strong Jewish culture have an impact on, which includes New York City. The reputation of bagels inside the US is supported by a properly established network of bagel stores, bakeries, and grocery keep services, making it the main vicinity for bagel consumption and income.
KEY INDUSTRY PLAYERS
"Key Players Transforming the Bagels Landscape through Innovation and Maintaining Quality"
Key gamers in the bagel marketplace play a crucial function in driving innovation, preserving excellence, and increasing market attain. They spend money on product development to cater to converting purchaser preferences, which includes the call for gluten-loose or organic bagels. These organizations additionally interact in strategic advertising and marketing and partnerships to beautify emblem visibility and patron loyalty. Furthermore, they adapt to technological improvements in production and deliver chain management to ensure efficient operations and product availability.
List of Market Players Profiled
- Einstein Bros. Bagels (U.S.A.)
- Bruegger’s Bagels (U.S.A.)
- Noah’s Bagels (U.S.A.)
- New York Bagel Co. (U.S.A.)
- Dunkin’ (U.S.A.)
INDUSTRIAL DEVELOPMENT
March 2023: Einstein Bros. Bagels announced a big expansion into the plant-based totally food market by using launching a new line of plant-primarily based bagels and spreads. This development aimed to cater to the growing demand for vegan and vegetarian options among purchasers. The new product line consists of bagels made with alternative components and quite a few plant-primarily based spreads, aligning with the trend towards more healthy and more sustainable eating behaviour.
REPORT COVERAGE
This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Bagels market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.
This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time.
-
Which is the leading region in the Bagels market?
North America to Dominate the Market as Bagels are a staple in many American diets.
-
What are the driving factors of the Bagels Market?
Growing consumer demand for convenient and nutritious breakfast options and ad innovation in product offerings are the two driving factors of this market.
-
What are the key Bagels Market segments?
The key market segmentation that you should be aware of, includes, based on type: Fresh and Frozen Bagels and Prepackaged Bagels. Based on the application: Supermarkets, Food Service, Convenience stores and Others.
-
