MarketResearch.biz announces publication of its most recently generated research report titled, “Global Frozen Pizza Market by Toppings (Meat Topping, Vegetable Topping), By Distribution Channel (Food Chain Service, Retail, Online), and Region – Global Forecast to 2020 and 2029.”, which offers a holistic view of the global frozen pizza market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2021–2025) is projected to be over US$ 95,658.1 Mn, which is estimated to increase moderately over the latter part of the five-year forecast period.
Frozen pizza is a half-baked pizza having a yeasted flatbread dough. Usually, this pizza contains tomato sauce, different cheese, meats such as chicken and ham, fruits and vegetables such as pineapple and capsicum. Frozen Pizza is the most popular foods in North America and Europe which are sold in whole or in portions. Freezing the pizza preserves the taste, texture, and nutritional value for a longer duration. Frozen pizza is the best suitable form of edibles for individuals who have a microwave, an oven, or an aversion to delivery.
Global Frozen Pizza Market: Market Dynamics
Booming population figures, rapid urbanization levels, in conjunction with positive individual disposable income trajectories, are other factors expected to impact the future demand for frozen bakery products. Globalization levels, as well as the increasing demand for frozen bakery products from hotel & retail sectors, such as snacks, ready-to-eat meals, etc., are also anticipated to boost opportunities for additional market growth.
Global Frozen Pizza Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global frozen pizza market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global Frozen Pizza market is estimated to expand at a moderate CAGR of 5.6% during the forecast period. Moreover, increasing demographic dividends, rising per capita disposable incomes, and growing investments towards the food industry are slated to increase both the demand & supply of frozen bakery products, which are other prominent elements anticipated to impact this sector over the forecast period.
However, manufacturing and distribution of frozen pizza require advanced freezing technologies. In developing nation, availability of freezing technologies is insufficient, which might hinder the market revenue growth.
Recent trends have indicated that companies strengthen their respective positions in the market through strategic mergers & acquisitions of other players with core competencies in the frozen bakery products production technologies sector. This approach is critical as it allows companies to improve their research & development efforts, and to magnify their respective customer bases through the expansion of sales & distribution networks. For example: Nestle S.A. is investing in Outsiders Pizza Co. and Wildscape brands for their innovation model. Through the investment, Nestle S.A. will enhance its product portfolio for frozen pizza based on local and regional styles such as Milwaukee and Detroit.
Global Frozen Pizza Market: Segmental Snapshot
The market report has been segmented on the basis of topping, distribution channel, and region. The topping segment include meat topping, vegetable topping. The distribution channel segment includes food chain service, retail, online. The region covered in the analysis are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By topping: The meat topping segment is expected to register a CAGR of over 5.8%, thereby accounting for highest revenue share among the topping segments.
By distribution channel: The retail segment is expected to register a CAGR of over 5.9% over the forecast period, thereby accounting for highest revenue share among the distribution channel segments.
By region: The market in North America accounted for highest revenue share in the global frozen pizza market in 2020, and is estimated to register a CAGR of over 5.9% between 2020 and 2029.
Global Frozen Pizza Market: Competitive Analysis
The research report on the global frozen pizza market includes profiles of major companies such as General Mills, Inc., Dr. August Oetker KG, Conagra Brands, Inc., Hansen Foods, LLC, Freiberger Lebensmittel GmbH & Co. KG, Daiya Foods Inc., Palermo Villa, Inc., The Schwan Food Company, Amy’s Kitchen, and Atkins Nutritionals, Inc., among others.
The Global Frozen Pizza Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2021–2025 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global Frozen Pizza market for 2020–2029.
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