Packaged Croissant Market Trends and Forecast
The future of the global packaged croissant market looks promising with opportunities in the supermarket & hypermarket, independent retailer, convenience store, and online retailer markets. The global packaged croissant market is expected to reach an estimated $11.5 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are increasing consumer demand for convenient breakfast options, expansion of café culture and on-the-go eating habits, and innovations in flavors and packaging formats cater to evolving consumer preferences for variety and convenience in bakery products.
• Lucintel forecasts that shelf-stable croissant is expected to witness the higher growth over the forecast period.
• Within this market, supermarket & hypermarket is expected to witness the highest growth.
• Europe is expected to witness highest growth over the forecast period.
United States – Leading bakery chains announced initiatives to expand their packaged croissant offerings with new flavors and packaging formats. Government targets focus on promoting food safety standards and labeling regulations to ensure consumer confidence in packaged bakery products.
France – Traditional bakeries collaborated with government initiatives to promote French croissants through packaged formats, aiming to increase export opportunities and preserve cultural heritage. Companies set targets to maintain quality standards while meeting growing demand for convenience in bakery products.
United Kingdom – Supermarket chains introduced private label packaged croissants sourced from local bakeries, supporting government campaigns to promote domestic food production and reduce reliance on imports. Companies aim to achieve sustainability targets by using recyclable and eco-friendly packaging materials.
Japan – Convenience store chains partnered with bakery suppliers to launch premium packaged croissants targeting urban consumers seeking high-quality bakery products on-the-go. Government initiatives aim to support small-scale bakeries with subsidies for equipment upgrades to meet packaging standards and enhance product quality.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Packaged Croissant by Segment
The study includes a forecast for the global packaged croissant by type, application, and region.
Packaged Croissant Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Shelf-Stable Croissants
• Frozen Croissants
Packaged Croissant Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Supermarkets & Hypermarkets
• Independent Retailers
• Convenience Stores
• Online Retailers
Packaged Croissant Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Packaged Croissant Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies packaged croissant companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the packaged croissant companies profiled in this report include-
• Lantmannen Unibake
• Le Bon Croissant
• Chipita
• General Mills
• Grupo Bimbo
• Spanish Market
• Upper Crust
Recent Development in the Packaged Croissant Market
Pillsbury: Introduced a new line of frozen packaged croissants with innovative packaging designed for extended shelf life and easy preparation, catering to consumer demand for convenient bakery products at home.
La Boulangerie: Collaborated with leading coffee chains to supply packaged croissants for their breakfast menu offerings, enhancing brand visibility and expanding distribution channels in the foodservice sector.
Lantmännen Unibake: Launched a range of premium packaged croissants made with organic ingredients and artisanal baking techniques, targeting health-conscious consumers seeking indulgent yet wholesome bakery products.
Grupo Bimbo: Invested in packaging innovations to improve the sustainability of their packaged croissant products, introducing eco-friendly materials and reducing plastic usage to align with corporate environmental goals.
Features of the Global Packaged Croissant Market
Market Size Estimates: Packaged croissant market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Packaged croissant market size by type, application, and region in terms of value ($B).
Regional Analysis: Packaged croissant market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the packaged croissant market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the packaged croissant market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the packaged croissant market size?
Answer: The global packaged croissant market is expected to reach an estimated $11.5 billion by 2030.
Q2. What is the growth forecast for packaged croissant market?
Answer: The global packaged croissant market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the packaged croissant market?
Answer: The major drivers for this market are increasing consumer demand for convenient breakfast options, expansion of café culture and on-the-go eating habits and innovations in flavors and packaging formats cater to evolving consumer preferences for variety and convenience in bakery products.
Q4. What are the major segments for packaged croissant market?
Answer: The future of the packaged croissant market looks promising with opportunities in the supermarket & hypermarket, independent retailer, convenience store, and online retailer markets.
Q5. Who are the key packaged croissant market companies?
Answer: Some of the key packaged croissant companies are as follows:
• Lantmannen Unibake
• Le Bon Croissant
• Chipita
• General Mills
• Grupo Bimbo
• Spanish Market
• Upper Crust
Q6. Which packaged croissant market segment will be the largest in future?
Answer: Lucintel forecasts that shelf-stable croissant is expected to witness the higher growth over the forecast period.
Q7. In packaged croissant market, which region is expected to be the largest in next 5 years?
Answer: Europe is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the packaged croissant market by type (shelf-stable croissants and frozen croissants), application (supermarkets & hypermarkets, independent retailers, convenience stores, and online retailers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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