The Bagel Market is Anticipated to Witness High Growth Owing to Increasing Demand for On the-Go Breakfast Foods
10 Feb, 2025
The bagel market has been gaining rapid traction over the past few years owing to the increasing demand for on-the-go breakfast foods. Bagels are among the most commonly consumed bakery products in North America and parts of Europe. They are a popular choice for breakfast due to their compact size and portable nature. Bagels are made from bread dough that is boiled before baking, which makes them dense and chewy. This process lends bagels a unique texture and flavor.
The Global bagel market is estimated to be valued at US$ 5.99 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the bagel market are Luggage Forward, Send My Bag, Luggage Free,
AirPortr, My Baggage, BagsVIP, Excess Baggage Company, Travel Luggage, Luggage
Concierge, Deliv, Bagbnb, Luggage Delivery Services, FlyAway, CheckedAway, and LuggageHero. These players are focusing on offering innovative bag drop and luggage delivery services to tap into the growing demand from travelers.
Bagel market growthis the rising preference for healthy snacking and breakfast options. Market players can focus on offering organic, gluten-free, low-calorie, and protein-enriched bagel varieties. This helps expand their consumer base.
Many players are strengthening their international presence through strategic partnerships and acquisitions in high potential markets across Asia Pacific and Latin America. This will help them gain access to new consumer bases and boost overall revenues over the forecast period.
Market Drivers:
One of the major drivers aiding the bagel market growth is the increasing consumption of convenience breakfast foods. Busy lifestyles have reduced the time available for elaborate breakfast preprations. The compact size and long shelf life of bagels make them ideal for busy on-the-go consumers.
Additionally, rising health awareness is fueling the demand for nutritious bagel variants like whole wheat, multigrain and high-protein types. This is positively impacting the market size.
Market Restrain:
Availability of substitute breakfast foods like breads, rolls, biscuits and oats acts as a major restrain for the bagel market. These alternatives provide similar taste and convenience at lower price points. Also, increasing awareness about carb and calorie-rich breakfasts can hamper the demand for conventional bagel types to some extent over the forecast period.
Segment Analysis
Bagel market has mainly two segments - plain and flavored bagels. Plain bagels segment dominates the market presently due to preference of customers for simple flavor. However, flavored bagels segment is emerging faster owing to growing experimentation with different flavors by consumers. Flavored segment is expected to surpass plain segment by 2028 due to rising health consciousness and taste preferences of millennial population globally.
Global Analysis
Regionally, North America holds the largest share in bagel market currently. USA and Canada are the major consumers in the region owing to high popularity and consumption of bagels as breakfast and evening snack. Europe is the second largest market led by countries like UK, Germany, and France. Asia Pacific is projected to be the fastest growing region during the forecast period due to growth in number of organized retail stores and proliferating Western food culture in countries like China, India and Japan. Growing health awareness is encouraging demand for nutritional bakery foods like bagels in Asia Pacific region.
Alice Mutum is a seasoned senior content editor at Coherent Market Insights, leveraging extensive expertise gained from her previous role as a content writer. With seven years in content development, Alice masterfully employs SEO best practices and cutting-edge digital marketing strategies to craft high-ranking, impactful content. As an editor, she meticulously ensures flawless grammar and punctuation, precise data accuracy, and perfect alignment with audience needs in every research report. Alice's dedication to excellence and her strategic approach to content make her an invaluable asset in the world of market insights.
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