Feb 24, 2020 (KD Market Insights via COMTEX) -- Flatbread Market by Product Type (Tortilla, Naan, Pita, Focaccia, Fry Bread, and Others) and Distribution Channel (Business-to-Business and Business-to-Consumers): Global Opportunity Analysis and Industry Forecast, 2019-2026
The Global Flatbread Market is expected to grow at a CAGR of 6.2% during the forecast period 2018-2026. As per the analyst, the Flatbread Industry was valued at $38.8 billion in the year 2018, and is anticipated to reach $62.8 billion by the end of year 2026.
Flatbreads falls under the category of breads and also known to be a first baked cereal product which is flat in shape and produced in different sizes depending upon the demand, application and geographies. Flatbreads production may include yeast or can be produced without the usage of yeast in a mixture of wheat flour, water and salt; or in the powdered mixture of barley, millet, rye and corn, as per the preference. Post-fermentation process includes sheeting of dough, pressed or cut before baking and proofing generally on high baking temperatures. As per the research studies, ~1.5 billion people were accounted as the consumer of traditional flatbreads as their staple food and many people consume it in newer forms based upon novel flatbread technology in the form of sandwich wraps or take-out pizzas.
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