Flatbread Market Size (2024 - 2029)

The flatbread market is experiencing significant growth, driven by the increasing demand for convenient and versatile food options that fit into busy lifestyles. This expansion is further supported by the rising popularity of gluten-free products, which cater to individuals with dietary restrictions, thereby broadening the consumer base. Additionally, the incorporation of protein-rich ingredients in flatbreads aligns with health-conscious trends, enhancing their appeal. The growth of the food service industry, particularly quick-service restaurants, and the convenience offered by e-commerce platforms are also key factors contributing to the market's expansion.

Market Size of Flatbread Industry

Flatbread Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 43.78 Billion
Market Size (2029) USD 57.41 Billion
CAGR (2024 - 2029) 6.77 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Low

Major Players

Flatbread Market Major Players

*Disclaimer: Major Players sorted in no particular order

Flatbread Market Analysis

The Flatbread Market size is estimated at USD 43.78 billion in 2024, and is expected to reach USD 57.41 billion by 2029, growing at a CAGR of 6.77% during the forecast period (2024-2029).

Flatbreads are becoming more popular across the globe because they are easy to use and versatile in a variety of recipes, and people are living busier lives and need quick and convenient food options. Manufacturers are increasingly using flatbreads in convenience foods. According to the Statistisches Bundesamt, the production value of convenience food in Germany was EUR 5.13 billion in 2022. The demand for flatbreads is fueled by the expansion of the food service industry, which includes quick-service restaurants and street food sellers. Flatbreads are frequently used in a wide range of menu items. For instance, the number of quick service restaurant (QSR) franchise establishments in the United States was 195,507 in 2023, according to the International Franchise Association.

The rising inclination towards gluten-free products is a significant trend in the flatbread market. People with gluten sensitivity, celiac disease, or those following a gluten-free diet for other health-related reasons are the target market for gluten-free flatbreads. This trend reaches an unexplored demographic, expanding the flatbread consumer base. For instance, the share of consumption volume of gluten-free ready-to-eat meals and breads in Spain was 21.1% and 3.1%, respectively, in 2022, according to the Ministry of Agriculture, Food and Environment. Furthermore, to align with protein-focused diets, some flatbreads are enriched with protein sources like chickpea flour or quinoa. This not only enhances nutritional content but also positions flatbreads as a satisfying option for those prioritizing protein intake. In conclusion, the growing demand for convenience food coupled with health consciousness is expected to drive the market further. Moreover, the increasing prevalence of e-commerce and online retail platforms helps people to purchase a wider variety of products, including flatbreads, with greater convenience.

Flatbread Industry Segmentation

The flatbread products are generally unleavened, thin bread made with different types of flour. The global flatbread market is segmented into product type, distribution channels, and geography. Based on product type, the market is segmented into tortilla, naan, parathas and chapathi, pita, focaccia, and other product types. Based on distribution channels, the market is segmented into on-trade and off-trade. The ooff-trade segment is further divided into supermarkets/hypermarkets, convenience/grocery stores, online retail stores, and another distribution channel. Based on geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The market sizing has been done in value terms in USD for all the abovementioned segments.

Product Type
Tortilla
Naan, Parathas and Chapathi
Pita
Focaccia
Other Product Types
Distribution Channels
On Trade
Off Trade
Supermarkets/Hypermarkets
Convenience/Grocery Stores
Online Retail Stores
Other Distribution Channel
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Spain
United Kingdom
Germany
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa
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Flatbread Market Size Summary

The flatbread market is experiencing significant growth, driven by the increasing demand for convenient and versatile food options worldwide. Flatbreads are becoming a staple in various cuisines, including Mexican, Mediterranean, and Middle Eastern, due to their ease of use and adaptability in numerous recipes. The rise in the food service industry, particularly quick-service restaurants and street food vendors, has further fueled this demand. Additionally, the trend towards gluten-free and protein-enriched flatbreads is expanding the consumer base, catering to those with dietary restrictions or health-conscious preferences. The market is also benefiting from the growth of e-commerce, making it easier for consumers to access a diverse range of flatbread products.

North America holds a significant share of the flatbread market, supported by its diverse culinary landscape and the increasing consumer preference for healthy, ready-to-eat options. The region's focus on natural and whole ingredients, such as whole grains and high-fiber content, aligns with the growing health consciousness among consumers. The modernization of retail channels, particularly online platforms, has facilitated greater access to flatbread products, contributing to market expansion. Key players in the market, including Wilmar International Limited, General Mills Inc., and Grupo Bimbo, S.A.B. de C.V., are actively engaging in partnerships and product innovations to strengthen their market position and meet the rising demand for flatbreads globally.

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Flatbread Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

      1. 1.1.1 Rising Proclivity Towards Convenient and Healthy Food Products

      2. 1.1.2 Surge in Demand for Clean Label And Free-from Foods

    2. 1.2 Market Restraints

      1. 1.2.1 Rising Concern About Lifestyle Diseases

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Product Type

      1. 2.1.1 Tortilla

      2. 2.1.2 Naan, Parathas and Chapathi

      3. 2.1.3 Pita

      4. 2.1.4 Focaccia

      5. 2.1.5 Other Product Types

    2. 2.2 Distribution Channels

      1. 2.2.1 On Trade

      2. 2.2.2 Off Trade

        1. 2.2.2.1 Supermarkets/Hypermarkets

        2. 2.2.2.2 Convenience/Grocery Stores

        3. 2.2.2.3 Online Retail Stores

        4. 2.2.2.4 Other Distribution Channel

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 Spain

        2. 2.3.2.2 United Kingdom

        3. 2.3.2.3 Germany

        4. 2.3.2.4 France

        5. 2.3.2.5 Italy

        6. 2.3.2.6 Russia

        7. 2.3.2.7 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East and Africa

        1. 2.3.5.1 South Africa

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Rest of Middle East and Africa

Flatbread Market Size FAQs

The Flatbread Market size is expected to reach USD 43.78 billion in 2024 and grow at a CAGR of 6.77% to reach USD 57.41 billion by 2029.

In 2024, the Flatbread Market size is expected to reach USD 43.78 billion.

Flatbread Market Size & Share Analysis- Growth, Trends and Forecast (2024-2029)