The frozen bakery market is projected to grow at a very healthy CAGR of 7.4% during the forecast period (2019-2029). A significant increase in consumer demand for convenience foods, resulting from hectic lifestyles is a predominant factor driving the sales of frozen bakery products. Emerging players are targeting millennial consumers, who prefer the low-cost frozen bakery items to increase their market share. The rising demand from hotel and catering industries will continue to boost growth of frozen bakery market, reveals Future Market Insights (FMI).
“The recent surge in catering and tourism has been a key driver to growth across Europe, trends which are not likely to change in the coming years,” says the FMI analyst.
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Frozen Bakery Market – Key Takeaways
- Frozen bread will remain a leading product in the market, driven by the demand for convenience foods during the forecast period.
- Online channels of sales will gain significant CAGR through the forecast period, owing to high penetration of smartphones and the internet.
- Hypermarkets and supermarkets will account for majority market share, in terms of distribution channels.
- Europe will hold a leading position in the global market share, while Asia Pacific will display high growth.
Frozen Bakery Market – Key Driving Factors
- The prevalence of hectic lifestyles and the resultant consumer preference for convenience foods is a major growth driver.
- Rising demand from small- and large-scale coffee shops and food chains remains a key influencer.
- The expansion of the hotel and catering industries in recent years supports overall market growth.
- Easy year-round availability of frozen bakery goods is also a driver for global market growth.
Frozen Bakery Market – Key Constraints
- Volatility in the prices of raw materials will remain a challenge for market players.
- Higher preference among consumers for freshly baked products will also remain a major restraint for market players.
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Competition Landscape
Key players in the frozen bakery market are Arytza AG, Dawn Food Products Inc., Grupo Bimbo, General Mills, Cargill, Lantmannen, Conagra brands, Cole’s Quality Food Inc., Bridgford Foods Corporation, and Europastry. Majority of these players are investing in expanding their product portfolios and optimizing their sourcing processes. Moreover, mergers, acquisitions, and collaborations with small-scale, local players is a major strategy being adopted by market leaders.
More about the Report
The FMI’s market research report of 300 pages offers comprehensive insights on frozen bakery market. The market is analyzed on the basis of product type (frozen cake and muffins, frozen pastry, frozen bread and biscuits, and frozen pizza crust), distribution channels (hypermarkets and supermarkets, catering and industrial, and online retailing), end user (artisanal bakers, hotels and restaurants, bakery chains, and food processing industries) across seven key regions (North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA).
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Frozen Bakery Products Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Frozen Bakery Products include General Mills Inc., Grupo Bimbo, Europastry, S.A., Conagra Brands, Inc., Kellogg Company, Associated British Foods Plc Lantmannen Unibake International, Vandemoortele Nv, Premier Foods Group Ltd., Incorporated, Cargill, Flowers Foods, Bridgford Foods Corporation, Cole's Quality Foods Inc., and Dawn Food Products Inc..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Frozen Bakery Products Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/frozen-bakery-products-market/download-sampleMarket SegmentationThe broad Frozen Bakery Products has been sub-grouped into the Type, The Form of Consumption, Distribution Channel and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
Frozen Bakery Products Market 2021The market for Frozen Bakery Products is expected to grow at an average annual rate of 7.9% starting in 2016, reaching approximately $ 23.48 billion by 2022.Focusing on providing a constructive business outlook, Absolute Markets Insights has added innovative data to its repository under the report titled as Frozen Bakery Products Market.
The data scrutinizes various aspects of businesses by using exploratory measures such as primary and secondary research techniques.
Moreover, the report offers a descriptive analysis of how recent trends and technological platforms could potentially impact progression of industries.Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/Global-Frozen-Bakery-Products-Market-2018-2026-7Major Key Players:Some of the primary participants in the market include General Mills Inc., Grupo Bimbo, S.A.B.
de C.V., Kellogg, Vandemoortele NV, Lantmannen Unibake International, Premier Foods PLC,Aryzta AG, Associated British Foods PLC, Barilla G. e R. Fratelli S.p.A, Conagra Brands, Inc., among others.
The market witnesses different acquisition and partnerships among the players.Key Findings of the Report:The Frozen Bakery Products Market largely depends on the predicted updates in the growth of the parameters, for example, quality, reliability, final customer solutions, applications and others.The market report also includes general successful parameters, imprisonment, and additionally there is a light of notable data near present and future examples which can worry about progress.The broad frozen bakery product market report represents current progress, criteria, and establishments within and outside.Analysts have estimated CAGR overall rate percentages of the global frozen bakery product market to grow in the period 2019-2025.So this market report provides a pre-planned compound annual rate (CAGR) with different amount, during the forecast period, the market is estimated to record CAGR of fixed value on the market.Definitions, classification, applications and professional overview, product specifications, construction procedures, cost structures, raw materials and according to their preferences according to their requirement were also given by this frozen bakery product market reportThe Global Frozen Bakery Products Market Report provides an in-depth knowledge of the global frozen bakery product industry with in-depth assessments of the best competitors in the domestic and international frozen bakery product industry, competitive strength, classification and market This report highlights the impact of each impact on sales results and market growth, and consequently the global economic structure.This report also considers and provide useful perceptions of changing market dynamics, trends, consumption trends and driving factors.Market SegmentationMarket – By Product TypeFrozen BreadsFrozen Pizza CrustsCakes and PastriesOther Frozen Bakery ProductsMarket – By Distribution Channel Artisan BakeryRetailCatering & IndustrialMarket – By Specialty TypeGluten FreeOrganicSugar FreeLow CaloriesFortifiedOthersMarket – By RegionNorth AmericaU.S.Rest of North AmericaEuropeFranceThe UKSpainGermanyItalyRest of EuropeAsia PacificChinaJapanIndiaSoutheast AsiaRest of Asia PacificMiddle East and AfricaGCC CountriesSouthern AfricaRest of Middle East and AfricaLatin AmericaBrazilRest of Latin America…Contact us:Shreyas TannaPhone: +91-740-024-2424Absolute Markets InsightsEmail: [email protected]
The latest trending report Global Frozen Bakery Products Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Frozen Bakery Products market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 5.7% in the forecast period of 2020 to 2025 and will expected to reach USD 52550 million by 2025, from USD 42030 million in 2019.The Frozen Bakery Products market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/17125-frozen-bakery-products-market-analysis-reportMarket segmentationFrozen Bakery Products market is split by Type and by Application.
For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value.
This analysis can help you expand your business by targeting qualified niche markets.By Type, Frozen Bakery Products market has been segmented into Bread, Pizza, Cake and pastry, Cookies, Others, etc.By Application, Frozen Bakery Products has been segmented into Large Retail, Convenience & Independent Retail, Foodservice, Others, etc.Regions and Countries Level AnalysisThe report offers in-depth assessment of the growth and other aspects of the Frozen Bakery Products market in important countries (regions), including United States, Canada, Mexico, Germany, France, United Kingdom, Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil and Saudi Arabia, etc.
It also throws light on the progress of key regional Frozen Bakery Products markets such as North America, Europe, Asia-Pacific, South America and Middle East & Africa.Competitive Landscape and Frozen Bakery Products Market Share AnalysisFrozen Bakery Products competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Frozen Bakery Products sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch.
For the period 2015-2020, this study provides the Frozen Bakery Products sales, revenue and market share for each player covered in this report.The major players covered in Frozen Bakery Products are: Grupo Bimbo S.A.B.
A publication on the “Global Frozen Bakery Products Market Size 2017 by Type (Frozen Pastry [Pie & Tarts, Croissants and Others], Frozen Cake [Sponge cake, Muffin and Others], Breads, Pizza Crust and Others), by Form (Ready-to-eat, Ready-to-bake, Ready-to-make and others), By Region and Forecast 2018 to 2025” was published by Adroit Market Research today.
The publication covers the estimates for the global frozen bakery products market size (revenue) and consumption for a period ranging from 2015 to 2025.
The global frozen bakery products market report also includes qualitative insights such as the regulatory framework, drivers, restraints, value chain and Porter’s Five Forces analysis.
With the evolution of freezing technology since the early 1900s, the concept of frozen food has advanced dramatically.
Earlier, there were only selected food items that could be refrigerated, however, at present, many more food items are added to this category.Request a sample copy of this report: https://www.adroitmarketresearch.com/contacts/request-sample/330Frozen bakery products hold a significant importance in the frozen food industry.
Changing lifestyle is one of the key factors to promote the demand for frozen bakery products market over the forecast period.Growth in global population coupled with a rise in income levels has led to a further rise in demand for frozen bakery goods.
