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Thursday, 30 Jul 2020 07:00 pm

North America Flatbread Market is projected to reach US$ 21295.6 Million by 2027 with CAGR of 6.1%

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.

By SMN Bureau
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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.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

Business Market Insights reports are useful not only for corporate and academic professionals but also for consulting, research firms, PEVC firms, and professional services firms.

North America Flatbread – MARKET SEGMENTATION

By Type

Tortilla

Naan

Pita

Focaccia

Fry bread

By Distribution Channel

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online
  • Others

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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Tags North America Flatbread Market Size North America Flatbread Market North America Flatbread Market Research North America Flatbread Market Insight North America Flatbread Market Trends North America Flatbread Market Forecast

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