Frozen bakery market Key Players, Trends, Industry Size & Forecast

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Jul 4, 2024 - 15:02
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Frozen bakery market Key Players, Trends, Industry Size & Forecast

Frozen bakery Market Growth or Demand Increase or Decrease for what contains ?

The frozen bakery market is witnessing significant growth due to several factors. Rising consumer demand for convenient and ready-to-eat food products is a primary driver. Increasing urbanization and busy lifestyles are boosting the popularity of frozen bakery items. Technological advancements in freezing techniques enhance the quality and shelf life of these products, further driving demand. Additionally, the growing trend of health-conscious and premium bakery products is contributing to market expansion. However, the market can face challenges such as fluctuations in raw material prices and concerns about the nutritional content of frozen foods. Despite these challenges, the overall trend indicates steady growth in the frozen bakery market due to convenience, technological improvements, and evolving consumer preferences.

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Frozen bakery Market CAGR Estimation:

Frozen Bakery Market size was valued at US$ 30.62 Bn. in 2023 and the Frozen Bakery Market revenue is expected to grow at 5.9% through 2024 to 2030, reaching nearly US$ 38.28 Bn.

Frozen bakery Market Segmentation:

by Product Type

Bread and Rolls
Buns
Pizza crusts
Dough
Cakes
Cookies
Donuts
Others

In terms of Product Types, The fact that pizza crust occupies a substantial and important portion of the global frozen bakery market suggests that it is a standard and flexible component of the industry. The key factors contributing to its attractiveness are its amazing flavor combination, convenience of usage, and easily customizable toppings. Pizza is a well-liked choice for casual meals, parties, celebrations, and even comfort food. The pizza dough, which serves as the foundation of the dish, is essential in delivering the proper flavor and texture. The bread and roll segment is predicted to produce over USD 16 billion in the frozen bakery market by 2030. In recent years, there have been changes to the bread and roll offerings, such as the use of wheat, which is healthier and draws in customers.


by Consumption

Ready-to-prove
Ready-to-bake
Ready-to-eat

Additionally, there has been a noticeable increase in the consumption of ready-to-eat and ready-to-bake meals, as measured by consumption/type of consumption, which has significantly expanded the frozen bakery sector. In the global frozen bakery market, the age groups under 18, 18–30, 30-45, 45, and older are represented. The 18–30 age group dominates the global frozen bakery market due to their busy schedules and preference for simple, quick fixes. The vast array of possibilities offered by frozen foods is particularly alluring to them because they also love to try new foods and learn about different cuisines.


by Category

Gluten free
Low calorie
Sugar free
Others


by End-User

Convenience stores
Hypermarkets & supermarkets
Hotels, Restaurants & Catering (HORECA)
Online
Direct sale
Others

The frozen bakery market is segmented by end users into categories such as caterers, hotels, restaurants, artisan bakers, supermarkets, convenience stores, and hypermarkets (HORECA). In 2022, sales of frozen baked goods through supermarkets and hypermarkets made up more than 43% of overall sales. Supermarkets and hypermarkets specialize in a wide range of frozen baked goods. The increased inclination of consumers to shop at supermarkets and hypermarkets for premium goods is anticipated to boost market expansion throughout the course of the projection period. Online marketplaces for frozen baked products are becoming more and more significant in the frozen bakery industry, impacting the industry's trajectory and altering the way consumers locate and purchase frozen baked goods.

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Frozen bakery Market Overview:

The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive Frozen bakery market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.

Frozen bakery Market Growth or Demand in which regions??

In North America and Europe, the market is driven by the high demand for convenient and ready-to-eat bakery products, coupled with busy lifestyles. These regions also benefit from advanced freezing technologies that maintain product quality and extend shelf life.

Asia-Pacific is seeing significant growth, fueled by increasing urbanization, changing consumer preferences, and rising disposable incomes. Countries like China, India, and Japan are prominent contributors to market expansion in this region.

Latin America and Middle East & Africa are also witnessing growth, driven by improving economic conditions, urbanization, and a shift towards Western dietary habits.

Overall, the frozen bakery market's growth is propelled by the convenience and quality of frozen products, technological advancements, and changing consumer lifestyles across these diverse regional markets.

Frozen bakery Market Scope & Methodology:

The competitive landscape of the Frozen bakery market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the Frozen bakery market. The report employed a bottom-up approach to ascertain Frozen bakery market estimations and growth rates.

To gain insights into Frozen bakery market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the Frozen bakery market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.

Both primary and secondary data gathering techniques were employed for the Frozen bakery Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the Frozen bakery Market.

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Frozen bakery Market Key Players:

1. Cole’s Quality Foods Inc., (Michigan, United State.)
2. General Mills Inc., Minneapolis, (Minnesota, United State.)
3. Flowers Foods, (Thomasville, Georgia, United State.)
4. Europastry S.A., (USA)
5. General Waffle Manufactory, (Sint-Agatha-Berchem)
6. Vandemoortele NV
7. Associated British Foods plc., London, (United kingdom)
8. Bridgford Foods Corporation, (Anaheim, California, United State.)
9. Premier Foods plc. (St. Albans Hertfordshire)
10. Cargill Incorporated, (Wayzata, Minnesota, United State.)
11. Alpha Baking Company Inc.
12. Kellogg Company
13. LantmannenUnibake International,
14. Grupo Bimbo S.A.B. de C.V., (Mexico City, Mexico.)
15. Aryzta A. G., ( Zurich, Switzerland)

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Key questions answered in the Frozen bakery Market are:

  • What is Frozen bakery?
  • What is the growth rate of the Frozen bakery Market?
  • Which are the factors expected to drive the Frozen bakery market growth?
  • What are the different segments of the Frozen bakery Market?
  • What are the factors restraining the growth of the Frozen bakery Market?
  • What is the demand pattern of the Frozen bakery Market?
  • What major challenges could the Frozen bakery Market face in the future? 

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Key Offerings:

  • Past Market Size and Competitive Landscape
  • Past Pricing and price curve by region
  • Market Size, Share, Size & Forecast by different segment |
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 

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