Global Frozen Bakery Products Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Frozen Bakery Products Market Overview
“The global Frozen Bakery Products market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”
The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027.
The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint.
The global frozen bakery products market report has been segmented on the basis of type, distribution channel, technology, and region.
Frozen bakery products are conventional bakery products that are frozen to preserve the nutrients and avoid spoilage caused by microbial growth. These products usually do not contain any harmful preservatives, which maintains the flavors of the original product.
The global frozen bakery products market is mainly driven by people opting for frozen products instead of regular products for their meals owing to their busy lifestyle.
Frozen bakery products are available at reasonable prices, environment friendly manufacturing process, better quality, and convenient availability are also driving the market growth.
However, the market growth can be hampered due to inclination towards freshly baked products, lack of refrigeration facilities in certain retail stores, and insufficient distribution facilities in rural and semi-urban.
Moreover, companies have achieved a competitive edge through these products by offering them in quick-service restaurants, gas stations, coffee chains, and in-store bakeries. These products are available throughout the year, providing a diverse range of bakery products, which provides potential opportunities for players in the market.
On the basis of type, the global frozen bakery products market is segmented into bread, pizza crusts, cakes & pastries, and others. Among these, the cakes & pastries segment is expected to hold a majority share, owing to the increasing popularity of specialty cakes & pastries with high starch-gluten ratio and low-protein wheat.
On basis of distribution channels, retail is the most effective medium of targeting the maximum number of customers possible, and currently holds the largest market share of the frozen bakery products market.
On the basis of region, the global frozen bakery products market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The market in the Asia Pacific accounts for the highest share and is expected to witness the highest growth over the forecast period in the global market. This is owing to countries in the region having a potential consumer base with a high preference for ready-to-cook and more convenient food options.
Global frozen bakery products market segmentation:
Segmentation on the basis of type:
- Pizza Crusts
- Cakes & Pastries
Segmentation on the basis of distribution channel:
- Artisan Bakers
- Catering & Industrial
Segmentation on the basis of technology:
- Raw Material (Frozen Dough)
- Ready-To-Bake (Partially Baked Frozen Products)
- Ready Baked & Frozen (Fully Baked)
Segmentation on the basis of region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Grupo Bimbo S.A.B. De C.V.
- General Mills Inc.
- Aryzta AG
- Europastry, S.A.
- Conagra Brands, Inc.
- Associated British Foods PLC
- Kellogg Company
- Lantmannen Unibake International
- Vandemoortele NV
- Premier Foods PLC
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