Page 40 - The European Baking Ingredients Market Report 2022 - Volume 2
P. 40

European Baking Ingredients Market Report 2022
                       INKWOOD RESEARCH
            40 France





            FRANCE





                                                                               •  Artisanal products continue
                                                                                 to characterize overall sales of
                                                                                 bread in France as consumers
                                                                                 buy their bread primarily from
                                                                                 local bakeries. Consumers
               FRANCE                                                            perceive artisanal bread to be
               Capital                                 Paris                     of good quality and naturally
                                                                                 healthy due to the quality
               Population                              65,589,553 (2022)
                                                                                 of flour used in its baking.
               GDP (in US$ billion)                    US$2,937.4 (2021)         However, their perception of
               Expenditures spent on food (%)          13.21% (2018)             industrially-produced bread,
                                                                                 which is sold elsewhere, is
               Expenditure on food per capita (US$)    US$2,983.4 (2018)
                                                                                 less healthy. Another driver for
               Source: Inkwood Research                                          purchasing bread from artisanal
                                                                                 bakeries is consumers' desire
                                                                                 to preserve the French bakery
            Key trends of bakery ingredients &   •  Wraps have enjoyed strong    tradition.
            baked goods observed in country     increases in popularity in recent
            •  Breads in general is a major     times, particularly among      Recent developments/packaging
               staple food for people in France.   younger generations who     innovations/product launches/
               Flatbread is set to record the   value the ability to make wraps   marketing campaigns
               strongest increase in consumption   with various fillings, including   •  La Boulangère released its first
               during the pandemic. More        vegetarian or meat-free options.  vegan pastries through the range
               consumers are leaning towards                                     of brioche, pain au chocolate as
               flatbread during the pandemic,   •  There is a growing demand     well as croissants.
               given the increasing health      for organic breads in the post-
               concerns. This type of bread is   pandemic period.              •  Old El Paso developed a
               generally regarded as healthier                                   "pockets" rap that eliminates the
               than some other options.      •  Unpackaged cakes and pastries    need for the consumer to fold
                                                continued to struggle due to its   the wrap since the ingredients
                                                unhealthy image.                 are placed inside the pocket.
            Product Analysis – bakery ingredients


               France baked goods market, by product, 2021 (US$ Million)
               20000                                                                          3468.4
                18000
                16000                       4561.8            97.4            101.3
                14000
                12000      9873.2
                10000
                 8000
                 6000
                 4000
                 2000
                    0
                            Bread           Cakes         Dessert Mixes    Frozen baked       Pastries
                                                                              goods
               Source: Inkwood Research




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