Croissants Market
Croissants Market
The market for Croissants was estimated at $3.80 billion in 2024; it is anticipated to increase to $5.5 billion by 2030, with projections indicating growth to around $7.6 billion by 2035.
Global Croissants Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Croissants are a choice on breakfast tables globally for their versatility and unique qualities that make them stand out among other baked goods. With their buttery taste and delicate flaky texture they can be customized to suit both savory tastes. They are commonly enjoyed on their own for breakfast used as a substitute, for sandwich bread or incorporated into baking and gourmet dishes.
Market Key Insights
- The Croissants market is projected to grow from $3.8 billion in 2024 to $7.1 billion in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Breakfast Consumption, Bakery and Pastry Shops and Catering Services.
- Boulangerie Ptisserie La Parisienne together with Panera Bread and Bridor lead the market as major competitors which determine its competitive dynamics.
- France and U.S. are the top markets within the Croissants market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including India, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- The market for Croissants will receive a $500.0 million boost through Transition 1 Embrace of Artisanal Baking Methods until 2030.
- The Croissants market is set to add $3.3 billion between 2024 and 2034, with service providers targeting Teens & Adults Consumer Age Group projected to gain a larger market share.
- With Expanding gourmet culture, and Rising caf culture, Croissants market to expand 88% between 2024 and 2034.
Opportunities in the Croissants
Using technology to improve the production process could create new opportunities for market expansion. Implement ovens, with bake off technology to streamline production and guarantee uniform quality in every batch of croissants while minimizing waste and maximizing cost efficiency.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Expanding Gourmet Culture, and Technological Advancements in Baking
The thriving café scenario across the globe is also seeing an increase in the presence of coffee shops and bakeries which is also boosting the popularity of croissants. The cafes often promote croissants as a match for their coffee selections which has also led to a rise in their consumption. This trend is also especially impactful in developing economies where the coffee culture is also resultin gin a surge in croissant purchases, in these areas. Specifically crafted croissants that complement known coffee drinks are also expected to see substantial advantages from this trend.
Restraint: Rising Health Consciousness
Opportunity: Strategic Collaborations with Coffee Shops and Expanding health-conscious fantasy
In the market focused on health consumers lies a promising opportunity waiting to be tapped into by creating and promoting whole grain croissants with low sugar or gluten free options to capture a larger market share effectively. Including ingredients such, as chia seeds, flaxseeds and various fruits can attract customers who prioritize wellness and health.
Challenge: High Production and Distribution Costs
Supply Chain Landscape
Cargill
Archer Daniels Midland Company
General Mills Inc.
Associated British Foods plc
Grupo Bimbo
S.A.B. de C.V.
Finsbury Food Group
Walmart Inc.
Tesco PLC
Cargill
Archer Daniels Midland Company
General Mills Inc.
Associated British Foods plc
Grupo Bimbo
S.A.B. de C.V.
Finsbury Food Group
Walmart Inc.
Tesco PLC