According to a new report, published by KBV research, The Global Bread Crumbs Market size is expected to reach $1.2 billion by 2030, rising at a market growth of 3.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 146.7 Kilo Tons, experiencing a growth of 2.5% (2019-2022).
The Food Service segment is leading the Global Bread Crumbs Market by Distribution Channel in 2022; thereby, achieving a market value of $827.3 million by 2030. The use of bread crumbs in the food service business is driven by the rising demand for processed foods, including fritters, chicken tenders, fish fillets that have been breaded, and other snacks. As a breading, thickening, and breading agent in a variety of processed foods, some food makers increasingly use bread crumbs.
The Frozen Food Items segment is showcasing a CAGR of 3.8% during (2023 - 2030). The use of breadcrumbs in frozen food items is rising as a result of people's busy lifestyles and growing demand for frozen meals. In frozen products like meatballs and frozen doughs, breadcrumbs are increasingly employed as texture enhancers and fillers to bulk the mixture and preserve moisture.
The Unflavored segment acquired the highest revenue in the Global Bread Crumbs Market by Seasoning in 2022; thereby, achieving a market value of $822.1 million by 2030. Due to the personalization and adaptability that natural breadcrumbs offer, unflavored breadcrumbs are a practical choice for both home and food service use. Unflavored breadcrumbs give food service producers the flexibility to add various herbs and seasonings to meet the needs of certain recipes or palates. Due to their bland flavor and taste, unflavored breadcrumbs are very often utilized in the bakery business.
The Panko segment is exhibiting a CAGR of 4.7% during (2023 - 2030). The demand for the product is primarily driven by elements like growing customer interest in new cuisines and the distinctive texture provided by panko bread crumbs. The crispier, coarser texture of Panko bread crumbs gives processed meat and other processed dishes a much-desired crunch. The demand for panko breadcrumbs in different flavors, including honey, soy, and ginger, is being driven by rising consumer knowledge of exotic and gourmet cuisines among the urban population worldwide.
The Asia Pacific region dominated the Global Bread Crumbs Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $650.3 million by 2030. The Europe region is anticipated to grow at a CAGR of 3.3% during (2023 - 2030). Additionally, The North America region would experience a CAGR of 3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/bread-crumbs-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Kilo Tons, USD Million, 2019-2030)
Companies Profiled
Unique Offerings 
