Frozen Bakery Products Market to Expand at a CAGR of 8.0% during 2018 – 2023 | Global Key Players - Alpha Baking, Aryzta AG, Barilla Holdings Spa, Bridgford Foods, Conagra Brands, Europastry, General Mills

Marketprognosis.com Publish a New Market Research Report On “Global Frozen Bakery Products Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Frozen Bakery Products Market:

The Global Frozen Bakery Products Market was valued at USD 16543.47 Million in 2017 and is expected to register a CAGR of 8.0% during the forecast period (2018 - 2023). The intra-industry competitiveness is high and affects the market. The consumer demand is however, affected by the quality and health concerns. Growing food service market has encouraged the growing consumer demand for frozen bakery products.

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The frozen bakery products have grown in popularity due to their ease of preparation, similarity to homemade products, the time and cost savings these items provide to restaurants and other institutional outlets. Consumer preference for artisian cake is dominant during festive occasion. Increased demand of exotic flavors in frozen cake is driving the frozen cake market. It records a CAGR of 8.9% during the forecast period. The consumption of cakes in the developed regions is mostly because of its convenience and health attribute. There is a growing popularity in to-go cake products; baked off or made at convenience of the consumer.

Scratch baking is labor intensive and requires long time. Industry is shifting from traditional baking to Bake off technologies (BOT). Three key BOT are Unfermented frozen dough (UFD), partially baked frozen bread (PBF) and partially baked unfrozen bread (PBUF). Frozen semi-baked goods and ready-to-bake goods is also an important product segment for the food industry, especially for hotels and the catering industry. The Ready-To-Bake frozen bakery products market is expected to register a CAGR of 8.6% during the forecast period.

Regional analysis, European bakery industry leads the global bakery market, and so does the frozen bakery industry. A morning goods is the most dominating segment in the industry. Asia-Pacific region is expected to grow at a CAGR of 8.6% during 2018 - 2023, in specific, India is witnessing a growing demand for frozen bakery products. Frozen bakery is the North America is growing in frozen par-baked bread market. “Parbaked” products are baked to within 90% of completion, then quick frozen and shipped to customers for the final 12-15 minutes of baking.

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Major Key Players:

1 Alpha Baking Company, Inc.

2 Aryzta AG

3 Associated British Foods PLC

4 Barilla Holdings Spa

5 Bridgford Foods Corporation

6 Conagra Brands, Inc.

7 Custom Foods, Inc.

8 Europastry

9 General Mills, Inc. and More………………

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Frozen Bakery Products Market.

Table of Contents:

1 Introduction

2 Market Overview

3 Market Dynamics

4 Market Segmentation

5 Competitive Landscape

6 Company Profiles

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This release was published on openPR.