Press release
Global Frozen Bakery Product Market Size, Design Competition Strategies, Revenue Analysis, Future Prospects, Opportunity Assessment 2022-2028
Market Overview:The Global Frozen Bakery Product market was valued at USD 23.07 billion in 2021 and is expected to reach USD 30.42 billion by the year 2028, at a CAGR of 4.03%.
By stopping the movement of the water inside the product, converting the water into ice crystals, and avoiding microbial food degradation, frozen bakery items have a frozen shelf life of 6 to 18 months. The bread, cakes, pastries, and donuts sold in the frozen bakery products market are made from grains such as corn, rice, wheat, barley, oats, and rye. The consumption of various sources that are utilized as the primary ingredients for bakery goods differs globally. These items are in high demand on the market because they are tasty and nutritious, have a relatively long shelf life, and are easy to use. Typically, frozen bakery goods are offered for sale at a variety of shops, cafes, and eateries. The market's overall primary drivers of growth indicate that the outlook for frozen bakery products is favorable.
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Market Dynamics:
Driver:
Given that they require less time and effort, consumers' growing desire for convenience foods indirectly boosts the demand for frozen bakery goods. The demand for convenience is rising as a result of consumers' busy lifestyles, which is what drives the processed food business. As a result, there is now a higher demand for frozen baked goods. Additionally, it is anticipated that the demand for frozen bakery items would be driven by the rapid expansion of the frozen food industry brought on by the rapidly expanding urban households in developing countries.
Opportunities:
In the coming years, the market for frozen bakery products will see lucrative opportunities as some of the key players focus on providing more healthy products by incorporating natural sweeteners, organic ingredients, and started offering fat-free, protein-based products. For instance, Europastry will debut in March 2020 alongside Nocilla, Nestle, Ferrero Rocher, Lotus, and Disney to make goods with a high level of quality and maturity.
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Market coverage
•Available market numbers - 2022-2028
•Base Year - 2021
•Forecast Period - 2022-2028
•Segments covered - By Type, By Form of Consumption, By Distribution Channels
•Competitive Landscape - General Mills,Aryzta AG,Grupo Bimbo S.A.B. de C.V.,Associated British Foods Plc.,TreeHouse Foods Inc.
Market Segmentation
By Type
• Breads & Rolls
• Pizza Crusts
• Cakes & Pastries
• Cookies & Biscuits
• Donuts
• Others
By Form of Consumption
• Ready to Eat
• Ready to Bake
• Ready to Proof
By Distribution Channels
• Retail Bakery
• Caterings
• Online
• Artisan Baker
• Others
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By Region
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
•Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of South America)
Major Key Players Considered in the Market
• General Mills
• Aryzta AG
• Grupo Bimbo S.A.B. de C.V.
• Associated British Foods Plc.
• TreeHouse Foods Inc.
• Flower Foods Inc.
• Dawn Foods Products Inc.
• Europastry S.A.
• Lantmannen Unibake International
• Vandemoortele NV.
• Cole's Quality Foods Inc.
• Bridgford Foods Corporation
• Conagra Brands Inc. and others major players.
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Key Industry Developments In The Global Frozen Bakery Product Market:
In March 2021, Dawn Foods purchased JABEX, a producer that specializes in high-quality fruit-based products in the bakery industry, which is headquartered in Bielsko-Biala, Poland.
In January 2021, Conagra Brands Inc and Post Holdings have purchased Peter Pan, which is peanut butter brand.
Table Of Content
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Form of Consumption
3.3 By Distribution Channels
Chapter 4: Market Landscape
Chapter 5: Frozen Bakery Products Market by Type
To Be Continued……
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Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
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