As per the latest market report by FMI, market research and competitive intelligence provider, sales of Ezekiel bread are estimated to reach a value of US$ 520 Mn by 2032, surging at 5% CAGR through 2022-2032.
Some of the primary drivers of global Ezekiel bread market growth are the growing proportion of urban population, rising demand for on-the-go snacks, and rising purchasing power parity of the people in emerging countries.
Increased urbanization has led to improved living standards and disposable incomes, which is pushing the sales of Ezekiel bread during the projection period.
People prefer natural protein sources, which has resulted in increased market demand for sprouted grains and seed products. As people gain a better awareness of health and wellness, they are consuming more sprouted grains and seed foods.
The demand for Ezekiel breads is growing as they are sugar-free, unlike other commercial bread loaves, which include additional sugars hidden beneath labels like high fructose corn syrup, date syrup, and even honey.
Ezekiel break market size is anticipated to grow due to increased living standards and changing lifestyles that have resulted in a shift in eating patterns, with consumers placing a higher emphasis on convenience and nutrition.
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As a result, demand for Ezekiel bread is increasing in developing markets, as consumers seek convenience foods with improved quality and shelf-life.
However, busy lifestyles have resulted in deteriorating health problems and lifestyle disorders due to poor dietary habits. As a result, demand for Ezekiel bread (high-protein bread) is increasing among the working population.
Key Takeaways from Market Study
- The global Ezekiel bread market is anticipated to reach a valuation of around US$ 319.2 Mn by 2022.
- The market is segmented based on source, wherein Ezekiel breads made from sprouted barley is anticipated to account for a significant market share over the forecast period.
- The North America Ezekiel bread market size is expected to grow at a CAGR of 5.7% during the forecast period.
- Organic Ezekiel bread is expected to hold a market share of over 50% over the forecast period
- Europe has the highest proportion of the global Ezekiel bread market share. The primary market trends in the region are organic, natural, and health claims on Ezekiel bread.
- East Asia is expected to emerge as a significant region for Ezekiel bread market in the forecast period.
“Rising consumption of ready to eat healthy food and bakery products to magnify the sales of Ezekiel breads globally ” – Lead analyst at Future Market Insights.
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Competitive Landscape
The Ezekiel bread market is fragmented, with a significant number of producers operating internationally. The major players in Ezekiel bread market are heavily spending in production, which is projected to drive the Ezekiel bread market growth in the forecast period.
Some of the leading companies offering Ezekiel Bread are: Food for Life, Allied Bakeries, Silver Hills Bakery, ShaSha Bread Co., Alvarado Street Bakery, Rainbows Health Food, Pepperidge Farm, Panera Bread, Oasis Bread, and Berlin Natural Bakery.
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