A flatbread is a bread made with water, flour, and salt, and then thoroughly rolled into flattened dough. Traditionally, flatbread is an unleavened bread that is made without yeast. Flour, water, and salt are the main ingredients used for making flatbread. Other ingredients such as corn, rye, millet, and barley are also used for making flatbread.
They have become popular in many western countries, finding a new range of uses as sandwich wraps and pizza bases. Technology and innovative packaging options have widened food choices in the market, which is likely to bolster the flatbread market further in North America.
The North America flatbread market is accounted to US$ 40,439.0 Mn in 2018 and is expected to grow at a CAGR of 6.1% during the forecast period 2019 – 2027, to account to US$ 68,617.7 Mn by 2027.
The food and beverage industry is all companies involved in the processing, packaging and distribution of raw food ingredients. This includes fresh cooked and packaged foods, alcoholic and non-alcoholic beverages.
The North America Flatbread Market is growing along with the Food and Beverages industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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Flatbread is available in frozen and ready to eat form, which makes them the most consumed convenience food among consumers. Flatbreads offer food manufacturers, restaurants, and institutions a simple and easy way to offer a variety of food options to customers. Currently, flatbread manufacturers across the North Americaan region are focused on appealing to consumers with artisanal approaches to bread that can provide support for pizzas and sandwiches, enclose succulent fillings in flavorful wraps, and even be baked into crispy toasted snack chips. Therefore, the increasing demand for flatbread for the preparation of various convenience foods is projected to drive North America flatbread market growth.
These factors are expected to offer broad growth opportunities in the Food and Beverages industry and this is expected to cause the demand for Flatbread in the market.
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North America Flatbread – MARKET SEGMENTATION
By Distribution Channel
Top Key players profiled in the flatbread market analysis includes Kronos, Kontos Foods Inc., Klosterman Baking Company, Evron Foods Ltd., California Lavash, GRUMA, S.A.B. de C.V, La Brea Bakery, Kronos, Olé Mexican Foods Inc., Tyson Foods, and Nina Bakery North America.
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