BreadCrumbs Market

Global Breadcrumbs Market Size (2024 to 2029)

As per our analysis report, the global Breadcrumbs market is expected to reach USD 1,173.10 million by 2029 from USD 985.81 million in 2024, growing at a compound annual growth rate (CAGR) of 3.54 % during the forecast timeline. The Dry Segment is expected to have high demand in the market as it has a long shelf life. The Asia-Pacific region is expected to have the dominant share of the market in terms of revenue.

Global Breadcrumbs Market Drivers:

The use of breadcrumbs in various recipes drives the growth of the Breadcrumbs Market owing to the rise in interest in cooking different recipes at home in recent times, mostly after the pandemic. The growing awareness of whole grain and gluten-free products provides an opportunity for manufacturers to innovate new varieties and their product portfolio. With the rise in the number of food service providers like restaurants and fast-food chains, they utilize more breadcrumbs for different food items for various purposes. It shows that the food service sector plays a crucial role in the market. Even though the pandemic has declined the growth of the food service industry, post-pandemic, the industry started to grow at a substantial rate.

The convenience and versatility offered by the breadcrumbs make it utilized in a variety of dishes, such as breaded meats, seafood, and baked goods. This is driving the demand for the Breadcrumbs market from the food service industry as well as from customers. The market is also fuelled by the increasing popularity of ethnic cuisines, such as Mexican and Italian; these cuisines contain food items often featured with breaded and fried dishes.

Global Breadcrumbs Market Restraints:

Some of the major restraints that hinder the growth of the Breadcrumbs market include the quality and consistency in the production, unawareness about the nutritional profile of the breadcrumbs, and dietary & allergic reactions. The global market is facing a major issue related to consistent quality and production standards. The quality mainly depends on factors like the type of bread used, the processing method followed, and storage conditions. The achievement of uniformity across different batches is essential to maintaining customer satisfaction and market share. The nutritional profile of the breadcrumbs is under exploration. This created a demand for healthier alternatives. Generally, breadcrumbs are made from wheat bread, which may pose problems to certain individuals who are allergic to and sensitive to wheat. In addition to these dietary preferences of certain individuals, such as veganism, demand innovative solutions in the production and application of breadcrumbs.

Impact of COVID-19 on the Breadcrumbs Market:

The COVID-19 pandemic has had a significant impact on the Breadcrumbs Market. It has created several challenges and opportunities for the industry. A drastic decline in the demand for breadcrumbs as the food service industry has a large share of the breadcrumbs market, which was affected by the declaration of lockdown across all nations. Several factors influenced the food service industry, including the closure of restaurants or operating at reduced capacity and consumers avoiding going out for food service. This, in turn, affected the Breadcrumb sales for coating and baking purposes. With the lockdown, people started to focus more on cooking at home and baking food items, which created a notable rise in the demand for breadcrumbs. In the fear of the non-availability of pantry staples, households started to stock up on staples, including breadcrumbs, which led to an increase in sales through retail channels.

REPORT COVERAGE:

This research report on the global breadcrumbs market has been segmented and sub-segmented based on product, seasoning, end user, distribution channel, and region.

Global Breadcrumbs Market - By Product:

• Dry
• Fresh
• Panko
• Others

The dry segment is expected to have a dominant share in the Breadcrumbs market in terms of revenue during the forecast period. The longer shelf life along with the high absorption are the factors driving the segmental growth in the market. Dried breadcrumbs can be stored for a longer period by storing them in an air-tight container, making them a more feasible option than fresh breadcrumbs. The flavored and plain options provide an opportunity for the manufacturers to offer a wide range of flavors and target different consumers.

The panko segment is expected to have a high CAGR in the Breadcrumbs market owing to the rise in consumer awareness about the new cuisines and unique texture offered by this particular panko breadcrumb. These are crispier, coarser, and offer the desired crunch feel in processed foods.

Global Breadcrumbs Market - By Seasoning:

• Unflavored 
• Italian
• Fresh
• Cheese
• Paprika
• Garlic

The unflavored segment is expected to have the largest share in the Breadcrumbs market owing to its being a convenient option for the household and food service provider. They can be customized, and flexibility is offered by natural breadcrumbs. The unflavored breadcrumbs are most used in the bakery industry due to their natural taste and flavor. 

The paprika segment is anticipated to have the fastest CAGR during the forecast period. In the food industry, the growing demand for the diverse flavors and unique flavors it offers creates more demand from consumers. They are spicy, smoky, and sweet. In addition to this, the usage of paprika in different cuisines like Spanish, Hungarian, American, and Mediterranean is boosting the demand for the paprika segment in the market.

Global Breadcrumbs Market - By End Use:

• Dessert
• Fresh Food Items
• Frozen Food Items
• Pet Treats
• Others

The fresh food segment holds a large market share in the Breadcrumbs market. The demand for the segment is fuelled by its wide application as a breading ingredient, coating, and others in the food industry. In order to provide structure to food items such as meat, Breadcrumbs are used as the coating and binding agent. People prefer fresh food items to others as they do not have preservatives, which also drives the demand.

The frozen food item segment is expected to have a high CAGR. With the changing lifestyles, the demand for frozen foods is increasing, creating an opportunity to expand the breadcrumbs in frozen food items. Mostly, these are used as fillers and texture enhancers in frozen items such as meatballs. It also helps retain the moisture in frozen products.

Global Breadcrumbs Market - By Distribution Channel:

• Food Service
• Retail (Online, Hypermarket/ Supermarket, Wholesale Stores)
• Others

The food service channel has the larger share of the Breadcrumbs market during the forecast period. The usage of breadcrumbs in the food service industry is driven by the growing demand for processed foods like fritters, Chicken items, and other snacks. In the food industry, breadcrumbs are used as thickening and breading agents in processed foods.

The retail segment is anticipated to grow at a high CAGR in the Breadcrumbs Market. The retail segment includes online stores, Supermarkets/Hypermarkets, wholesale channels, and other convenience stores. Supermarkets are encouraged to grow at a higher rate in most nations, and they provide different varieties of breadcrumbs in a single store, which drives the consumers to visit the store. The high demand for ready-to-eat foods encourages the supermarket across the globe.

Global Bread Crumbs Market - By Region:

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

The Asia-Pacific region is more dominant in the Breadcrumbs market in terms of revenue. This high market share is due to the presence of a large number of food service providers, along with the increasing consumer demand in this region. The high consumption of the meat also drives the market growth. In this region, India has a significant growth rate. The changing dietary preferences of consumers in the country towards convenience foods in their diet patterns Favor the demand generation for breadcrumbs.

The North American region has a large market share in the Breadcrumbs Market. The advances in food technology and the high consumption of fast food in this region are the factors driving the growth of the market.

Europe region is expected to have a significant steady growth rate in the Breadcrumbs market with the increasing demand for food items such as fish, chips, and others. Additionally, the growing demand for frozen and processed foods drives demand for the market.

KEY MARKET PLAYERS:

Major Players in the Bread Crumbs Market are Kikkoman Corporation, Vigo Importing Co, Gonnella Baking Company, Hearthside Food Solutions LLC, Kerry Group, Edward & Sons, Gillian’s Foods, Aleia’s Gluten Free Foods, LLC, General Mills

RECENT HAPPENINGS IN THE MARKET:

• In 2022, General Mills announced the acquisition of the TNT Crust. This acquisition helps the company to increase the potential of its baked goods segment and strengthen its position in the market along with the expansion.
• In 2022, an investment of USD 137 million was made by the Kerry Group in the new breadcrumbs and coating facility in Rome, Georgia. This strategic move ensures the company works continuously in the co-creation of the products with the customers to the changing demand.