Global Bread Market size was valued at USD 239.78 Bn. in 2023 and is expected to reach USD 311.31 Bn. by 2030, at a CAGR of 3.8%.
Bread is a staple food that was consumed by 80% of the world’s population in 2023. Key growth factors include a rising population and increasing demand for healthier, and more nutritious bread options like whole grain and gluten-free varieties. Innovation in the bakery industry, such as new specialty breads, is also driving bread market expansion. Geographically, Europe is the largest bread market, while Italy is the most bread-consuming country with 199.6kg per capita per year.