Global Bagel Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Bagel industry revenue is expected to be around $7.5 billion in 2025 and expected to showcase growth with 5.3% CAGR between 2025 and 2034. The rising popularity of Bagels can be credited to important factors that highlight its current significance and lasting relevance to consumers today. The increasing preference for convenient meal choices that are also nutritious has significantly boosted the market for Bagels. Moreover with a wide range of flavors ands. Their ability to be paired with different spreads and toppings adds to the dynamic nature of the market. Advancements in technology related to bagel production and distribution along with an increased emphasis on using high quality ingredients have played a role, in driving the growth of the industry.
The Bagel has a history rooted in tradition but has also evolved to embrace modern culinary influences over time and is greatly appreciated for its soft texture and distinctive ring shape in the center. It is widely used in food establishments such as cafes and bakeries to hotels and fast casual dining spots. With the growing interest in artisanal versions of classic foods among consumers lately there has been an increased desire for gourmet and specialty bagels, across the market.
Market Key Insights
- The Bagel market is projected to grow from $7.1 billion in 2024 to $11.9 billion in 2034. This represents a CAGR of 5.3%, reflecting rising demand across Cafe Franchise Usage, Supermarket Retail and Fast-food Chain Usage.
- Dunkin' Donuts, Einstein Bros. Bagels, New York Bagel Company are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Bagel market and are expected to observe the growth CAGR of 3.4% to 5.1% between 2024 and 2030.
- Emerging markets including Brazil, South Africa and UAE are expected to observe highest growth with CAGR ranging between 6.1% to 7.3%.
- Transition like Transition From Traditional to Nutritional Trends has greater influence in United States and Canada market's value chain; and is expected to add $261 million of additional value to Bagel industry revenue by 2030.
- The Bagel market is set to add $4.8 billion between 2024 and 2034, with service providers targeting Foodservice Providers & Commercial Application projected to gain a larger market share.
- With Rising demand for healthy baked products, and Technological advancements in baking machines, Bagel market to expand 68% between 2024 and 2034.