The Protein Bagel Market Size is valued at USD 242.6 million in 2023 and is predicted to reach USD 417.1 million by the year 2031 at a 7.13% CAGR during the forecast period for 2024-2031.
Protein bagels are a protein-enriched variant of conventional bagels, developed to provide a more nutritional alternative through the inclusion of protein-dense components. Protein bagels are frequently utilized as a post-exercise snack or a nutritious breakfast alternative to facilitate muscle recovery and deliver sustained energy. Protein bagels are an effective means to enhance protein intake. With physical wellness, tissue regeneration, and satisfaction, protein is essential. The increased popularity of healthy lifestyles and fitness across individuals is driving the need for protein bagels. More consumers are looking for quick food choices that fit their nutritional objectives as they place a higher priority on getting sufficient amounts of nutrients, particularly protein. Food with protein bagels is satisfying and well-balanced, facilitating simple fitment into a hectic routine.
Furthermore, the growing recognition of lifestyle choices, including organic, vegan, and gluten-free diets, has resulted in the development of protein bagels that meet certain specific desires, expanding their popularity substantially. However, the industry's ability to develop is restricted by the sector's expensive requirements for the health and security of protein bagels as well as the item's incapacity of avoiding fog in settings with significant temperature swings or protein-packed bagels due to high costs of production that affect every step of the production procedure.
Producers are unable to boost prices for consumers due to the fierce competition in the industry. This puts stress on earnings margins and restricts possibilities for growth for companies that are already facing elevated manufacturing expenses. The COVID-19 epidemic hurt nearly every industry in several nations. Several industries, including food and beverage, medicines and nutraceuticals, personal care, and animal nutrition, saw their growth stunted due to lockdowns, travel restrictions, and company shutdowns in numerous nations.
Competitive Landscape
Some Major Key Players In The Protein Bagel Market:
- McDonald's
- Hostess Brands
- BetterBrand
- Einstein Bros. Bagels
- Dave's Killer Bread
- Thomas' Bagels
- Panera Bread Company
- Bruegger's Bagel Bakery
- Dunkin Donuts
- Flowers Foods
- Other Market Players
Market Segmentation:
The protein bagel market is segmented based on ingredients, flavour, and end-users. According to the ingredients, the market is segmented into gluten-free protein bagels, whole grain protein bagels, low-carb/keto protein bagels, and other protein bagels. By flavour, the market is segmented into chocolate, blueberry, cinnamon, plain, and others. The distribution channel segment includes hypermarkets & supermarkets, convenience stores, online, and others.
Based On The Ingredients, The Gluten-Free Protein Bagels Protein Bagel Market Segment Is Accounted As A Major Contributor To The Protein Bagel Market
The gluten-free protein bagels protein bagel market will hold a major global market share. Gluten-free protein bagels are a perfect match for a variety of organic, prehistoric, and vegan diets, which frequently limit or avoid gluten. Customers who adhere to these dietary routines favour them because of their adaptability. In response to consumer interest, the industry has also expanded its selection of gluten-free protein bagel alternatives, incorporating a variety of combinations of flavours to suit a broad spectrum of palates and improving their popularity.
Supermarkets And Hypermarkets Immunoglobulin (IVIG) Segment To Witness Growth At A Rapid Rate
The supermarkets and hypermarkets industry uses protein bagels because they provide a large assortment of protein bagel brands, tastes, and formulas. Thanks to this selection, customers may readily evaluate goods and make decisions based on their tastes, nutritional needs, or nutritional goals. Offering a variety of alternatives boosts client satisfaction and promotes recurring business.
In The Region, The Asia Pacific Protein Bagel Market Holds A Significant Revenue Share.
The Asia Pacific protein bagel market is predicted to record the very large market revenue share in the comming future. This can be attributed to people having much extra money to spend. The region's robust research and development efforts will benefit the Asia Pacific market. In addition, Europe is likely to grow rapidly in the global protein bagel industry because local health concerns are becoming more pressing. The market is being overrun by new products from numerous companies as a result of the increased awareness of the need for protein-based products.
Recent Developments:
- In May 2023, Thomas'® has announced the extension of its breakfast range with the launch of Thomas' Everything Mini Bagels and its inaugural keto product, Thomas' Keto Bagel Thins Bagels. The new bagel products enhance the brand's expanding array of creative breakfast options accessible nationwide.
Protein Bagel Market Report Scope
Report Attribute |
Specifications |
Market Size Value In 2023 |
USD 242.6 Mn |
Revenue Forecast In 2031 |
USD 417.1 Mn |
Growth Rate CAGR |
CAGR of 7.13% from 2024 to 2031 |
Quantitative Units |
Representation of revenue in US$ Mn and CAGR from 2024 to 2031 |
Historic Year |
2019 to 2023 |
Forecast Year |
2024-2031 |
Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
Segments Covered |
By Ingredient, Flavor and Distribution Channel. |
Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Competitive Landscape |
McDonald’s, Hostess Brands, BetterBrand, Einstein Bros. Bagels, Dave's Killer Bread, Thomas' Bagels, Panera Bread Company, Bruegger's Bagel Bakery, Dunkin Donuts, Flowers Foods. |
Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |