Frozen Bakery Market anticipated to cross USD 25 billion by 2024 - General Waffel, Bridgford Foods, Pepperidge Farm. Other significant players are Maple Leaf Foods, Custom Foods, Aryzta, Associated British, and Cargill Incorporated

The frozen bakery market is estimated to witness substantial gains in the coming years on account of the growing demand for packaged breakfasts paired with the impressive sales rate of baked goods during the Super Bowl. Packaged breakfasts are seemingly a boon for individuals stuck-up in tight schedules, as they don’t require much preparation and are ready to eat. Recently, No Kid Hungry and The Dairy Alliance funded 10 North Carolina school districts as a part of the 2018-19 Breakfast After the Bell Initiative aimed at introducing innovative breakfast programs in the schools.

Frozen Bakery Market size is anticipated to cross USD 25 billion by 2024. Frozen cakes & pastries are expected to dominate the product market from 2017 to 2024. Increase in import and exports of these products in regions such as Europe and North America will complement its growing market share worldwide. Additionally, cakes & pastries with low protein wheat and higher gluten-starch ratio have witnessed popularity and will contribute significantly to the product industry. Frozen cakes are further segmented into pancakes, muffins and pound cakes.

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This report focuses on the top Manufacturers and players in global market are given bellow:-
ConAgra Brands, Lantmannen Unibake, Kellogg Company, Grupo Bimbo, Europastry, Cole?s Quality Foods, General Waffel, Bridgford Foods, Pepperidge Farm. Other significant players are Maple Leaf Foods, Custom Foods, Aryzta, Associated British, and Cargill Incorporated.

Factors such as hectic lifestyle and need for easily consumable products in emerging economies will fuel frozen bakery market during the forecast timespan. Further, product innovation and advancement in techniques including hydrocolloids, enzymes and sourdough fermentation to improve quality of these goods will lead to growth in frozen bakery products. Enhanced lifestyle of consumers worldwide is increasing adoption of these products in their daily diet.

Grab and Go to the Classroom is one of the three models of the program which will allow students to pick packaged breakfast products from mobile carts and have their meal in the classroom or designated common areas. Mostly breakfast products include baked items like bread, buns, pastries or croissants which will increase the demand for frozen baked goods.

Certain foods and beverages have a special sales season, like plum cakes are sold during Christmas while pumpkin spiced lattes are sold during fall. Similarly, in Western New York its new year followed by the Super Bowl for pizzas. Right after the new year, people begin preparing for Super Bowl Sundays to host game nights with lots of food and drinks.

Banking on the NFL’s annual championship game, Pizza Hut has also introduced a new beer delivery service, which is likely to push pizza sales as the two are one of the most popular food combinations, driving the demand for frozen pizza dough. Prominent initiatives such as the aforementioned will continue to expedite the overall frozen bakery market trends.

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Supermarket & hypermarket segment is estimated to surpass market value of USD 9 billion in 2024 in the market. Supermarkets have been successful in acquiring substantial share in the market as they offer assorted products at low prices manufactured by major bakeries. They also have in-store bakeries that produce a variety of baked products. Increasing population and one roof shopping solution provided by supermarket and hypermarket are expected to maintain the channel?s market share.

Asia Pacific will grow at a significant pace and account for a share of more than 20% in the market. Positive outlook of the region is attributed to consumers? inclination toward frozen products from regular items in their meal. Additionally, frozen food adoption is increasing owing to its benefits of ease in availability, better quality, environment friendly manufacturing, and reasonable pricing.

The consumption of frozen bakery products in Middle East & Africa is projected to exceed 220 kilo tons in 2024. Factor driving consumption of these products in this region is consumers? shift of dietary preferences to ready-to-eat products due to their hectic life schedule. Furthermore, escalating number of retail chains has given a boost to availability of these products.

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