The Latin America, Middle East and Africa Bread Crumbs Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030).In the year 2026, the LAMEA market's volume is expected to surge to 8.4 Kilo Tons, showcasing a growth of 7.8% (2023-2030).
To address the growing demand for a bigger consumer base, a few of the other major competitors have started to innovate and create new items. Although fried meals are widely consumed, interest in healthier substitutes is rising. In response, producers created whole grain or low-sodium bread crumbs that are healthier and more enticing to health-conscious consumers. In order to control the usage of pricey raw ingredients, manufacturers are also attempting to create affordable batter as well as premix bread flour.
More people are experimenting with home cooking and baking because of the rise of food blogs, cooking shows, and social networking sites that share recipes. The widespread usage of these crumbs in many recipes has increased consumer demand. Because these crumbs are used in so many different menu items, the rise of the food service industry, which includes restaurants and fast-food franchises, has fueled the need for them. Additionally, the accessibility of these crumbs at retail establishments has supported market expansion.
The USDAH reports that during the past 10 years, the food retail segment in the United Arab Emirates has grown rapidly due to the opening of large-scale hypermarkets, supermarkets, convenience stores, online merchants, and home delivery services that serve a growing population. The retail landscape has been influenced by the establishment of major malls and premier shopping locations in urban areas. Additionally, the food retail sector serves an increasingly tech-savvy global populace. It is projected that the region's market will expand due to the region's growing preference for ready-to-eat foods.
The Brazil market dominated the LAMEA Bread Crumbs Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $17.9 million by 2030. The Argentina market is estimated to grow at a CAGR of 6.8% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Food Service, and Retail (Hypermarkets/Supermarkets, Wholesale Stores, Online, and Others). Based on End-use, the market is segmented into Fresh Food Items, Frozen Food Items, Dessert, Pet Treats, and Others. Based on Seasoning, the market is segmented Unflavored, Italian, French, Cheese, Paprika, and Garlic. Based on Product, the market is segmented into Dry, Fresh, Panko, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Bread Crumbs Market is Projected to reach USD 1.2 Billion by 2030, at a CAGR of 3.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kikkoman Corporation, 4C Foods Corporation, General Mills, Inc., Edward & Sons Trading Co., Inc., Gonnella Baking Co., George DeLallo Company, Inc., Gillian's Foods, and Aleia’s Gluten Free Foods, LLC.
By Distribution Channel (Volume, Kilo Tons, USD Million, 2019-2030)
By End-use (Volume, Kilo Tons, USD Million, 2019-2030)
By Seasoning (Volume, Kilo Tons, USD Million, 2019-2030)
By Product (Volume, Kilo Tons, USD Million, 2019-2030)
By Country (Volume, Kilo Tons, USD Million, 2019-2030)
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