Press release
Frozen Dough Market Size, Share And Growth Analysis For 2021-2031
The global frozen dough market is poised for a promising trajectory from 2021 to 2031, fueled by various factors such as the expansion of the food services industry, the growing adoption of convenience foods in the wake of sedentary lifestyles, and an increasing demand for organic and vegan food options. This article delves into the competitive landscape, emerging trends, and regional dynamics shaping the global frozen dough market.Competitive Landscape:
Key players in the global frozen dough market include industry leaders like General Mills, Rich Products Corp, Tyson Foods Inc., CSM Ingredients, Ajinomoto, Bridgeford Foods, J&J Snacks Foods Corp., Nestle, Europastry, and Guttenplans. These market participants are strategically deploying various growth tactics to enhance market share, drive profitability, and stay competitive in the dynamic landscape of the frozen dough industry.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=84723&utm_source=OpenPR_Ganesh&utm_medium=OpenPR
Trends and Opportunities:
Rise of Veganism: A significant trend observed globally is the surge in veganism, with a 500% increase during the Vegunary challenge in 2020 compared to 2014. In the US alone, the adoption of veganism rose from 1% in 2014 to 6% in 2016. The momentum of plant-based or vegan products is expected to positively impact the frozen dough market, with major manufacturers introducing vegan options to cater to this growing consumer movement.
Online Retail Channels: The growth of sales channels, particularly online retail platforms, is a prominent factor contributing to the expansion of the frozen dough market. With online retail being the fastest-growing category, major players are leveraging web-based platforms to reach consumers directly. This facilitates product exploration, price comparison, and reading reviews, thereby enhancing the overall consumer experience and driving the market forward.
COVID-19 Impact: While the global frozen dough market faced challenges during the COVID-19 pandemic, with major players experiencing sluggish growth due to lockdowns impacting the food services sector, the residential segment witnessed a surge in demand for frozen dough. Consumers, opting to stay indoors, turned to frozen dough products, and online sales channels played a pivotal role in delivering frozen and refrigerated food products directly to consumers' doorsteps.
Regional Landscape:
Europe: The frozen dough market in Europe is anticipated to witness growth, propelled by factors such as the increasing number of working women, changing food patterns, and the availability of ready-to-eat food products. The rise in online food deliveries and the adoption of convenient food options are expected to further drive market expansion in the region.
Asia Pacific: The frozen bakery market in Asia Pacific is projected to develop significantly, driven by increased consumer spending on frozen foods and lifestyle changes resulting from rising disposable income. The growing popularity of Western foods in countries like Southeast Asia, China, and India presents lucrative opportunities for fast-food restaurants to expand their product offerings, contributing to the growth of the frozen bakery market in the region.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ | ๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=84723<ype=S&utm_source=OpenPR_Ganesh&utm_medium=OpenPR
The global frozen dough market is navigating a trajectory of sustained growth, driven by evolving consumer preferences, the rise of veganism, and the convenience offered by online retail channels. As major players continue to innovate and cater to changing market dynamics, the frozen dough market is positioned to thrive in the coming years, presenting ample opportunities for industry stakeholders to capitalize on emerging trends and expand their market presence.
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, providesย custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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