Global Frozen bakery product market
The frozen bakery product market was valued at USD 22.3 billion in 2021 and is
expected to reach the value of USD 35.01 billion by 2029, at a CAGR of 5.8%
during the forecast period of 2022-2029.
Frozen Bakery
Product Market Dynamics
Drivers
- Rising popularity of low-fat
Bakery Products
The rising tide of
convenience food consumption began in the western countries and quickly spread
to other parts of the world. Consumers prefer convenience foods because they
are easy to eat and have nutritious content, versatility, and commodity appeal.
- Rising disposable income and
rising urbanisation
Another important factor is the
growing demand for longer shelf life, and frozen bakery products meet both of
these needs, which will accelerate the frozen bakery products market's growth
rate. The rise in disposable income and increasing urbanisation will boost the
frozen bakery products market's growth rate
Opportunity
The increasing popularity of
convenience foods and the rising number of job seekers is expected to drive
demand for frozen baking items. The frozen bakery market offers
well-established in-store bakeries, coffee shops, cafes, and quick-service
restaurants. These outlets are quickly recognizing the opportunity associated
with frozen baked goods: greater comfort, affordability, and a wide range of
product variability.
Restraints
Consumers believe that food products
that have been processed for a year or more before consumption cannot be
nutritious. As frozen food products are thought to be low in nutrition,
consumers prefer freshly baked products.
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Market Analysis and Size
The bakery industry is one of the world's largest food industries, with
a wide range of production scales and processes. The rapid expansion of the
bakery processing industry has created new opportunities for innovative
manufacturing and processing techniques. The rising per capita consumption of
bakery products indicates the market's untapped growth potential for frozen
bakery products.
Frozen Bakery
Product Market Scope
The frozen bakery product market is
segmented on the basis of product type, category and distribution channel. The
growth amongst these segments will help you analyse meagre growth segments in
the industries and provide the users with a valuable market overview and market
insights to help them make strategic decisions for identifying core market
applications.
Product Type
- Breads & Rolls
- Pizza & Pizza Crust
- Cakes & Pastries
- Cookies & Biscuits
- others
Category
- Conventional
- Gluten-Free
Distribution channel
- Supermarket/Hypermarket
- Convenience Stores
- Cafes & Bakery Shops
- Online
- Others
Competitive
Landscape and Frozen Bakery Product Market Share Analysis
The frozen bakery product market
competitive landscape provides details by competitor. Details included are company
overview, company financials, revenue generated, market potential, investment
in research and development, new market initiatives, global presence,
production sites and facilities, production capacities, company strengths and
weaknesses, product launch, product width and breadth, application dominance.
The above data points provided are only related to the companies' focus related
to frozen bakery product market.
Some of the major players operating
in the frozen bakery product market are:
- Kellogg Co. (U.S)
- db. co. in (U.S)
- Conagra Brands, Inc. (US)
- London Dairy Co. Ltd (UK)
- Danone SA (France)
- ADM (U.S)
- Dahiya Foods Inc. (Canada)
- Grupo Bimbo S.A.B.de
C.V.(Mexico)
- Associated British Foods PLC
(UK)
- General Mills Inc. (US)
- Litmanen Unbaked (Denmark)
- Aryzta AG (Switzerland)
- Unbaked NV (Belgium)
- Euro pastry S.A. (Spain)
- Cole’s Quality Food Inc. (US)
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MAJOR
TOC OF THE REPORT
Ø Chapter
One: Introduction
Ø Chapter
Two: Market Dynamics
Ø Chapter
Three: Market Analysis &
Size
Ø Chapter
Four: Market Scope
Ø Chapter
five: Market Share Analysis
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