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Canada Frozen Bakery Market 2018-2024 | Profiled Players - General Mills, Rich Products Corporation, Weston Foods Canada, Grupo Bimbo, Dunkin' Brands, ARYZTA AG, Canada Bread Company, Limited, Europastry

Canada Frozen Bakery Market

Canada Frozen Bakery Market

The Canada frozen bakery market is segmented on the basis of recipe, product and end-user. Considering recipe, bread is the major segment and is said to reach close to three quarters of the overall share in terms of volume. The viennoiserie segment is said to comfortably surpass USD 580 million by the end of the forecast period. Canada Frozen Bakery Market will surpass USD 4.1 billion by 2024; according to a new research report by Global Market Insights.
Request Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/2936

Company Profiles
1. General Mills
2. Rich Products Corporation
3. Grupo Bimbo
4. Dunkin' Brands
5. Canada Bread Company, Limited
6. Europastry
7. Weston Foods Canada
8. ARYZTA AG

Increasing energy costs in Canada is said to be a restraining factor for the frozen bakery market in this country. Energy costs for frozen baked products storage is significantly high as it requires to maintain temperatures as low as – 20°C as per the industry norms. Moreover, the energy efficiency of equipment are said to create further restraining factors for the frozen bakery market in Canada.

Browse key industry insights spread across 85 pages with 26 market data tables & 17 figures & charts from the report, “Canada Frozen Bakery Market Size By Recipe (Bread, Viennoiserie, Patisserie, Savory Snacks), By Product (Ready-to-prove, Ready-to-bake, Fully Baked), By End-user (Convenience Stores, Hypermarkets & Supermarkets, Artisan Bakers, Hotels, Restaurants, And Catering [HORECA], Bakery Chains), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2018 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/canada-frozen-bakery-market

The end-user industries fostering the Canada frozen bakery market include bakery chains, HORECA, artisan bakers, supermarkets & hypermarkets, and convenience stores. The bakery chains segment will surpass USD 700 million with a CAGR of over 5% by the end of the forecast period. The supermarkets & hypermarkets segment will grow at a highest CAGR in Canada owing to the increasing number of these types of stores in the country. In terms of volume, HORECA will barely touch an industry share of 25% in the Canada frozen bakery market.

There are a considerable number of large companies competing in the Canada frozen bakery market along with multiple small and medium players. Some of the major companies in this industry include Grupo Bimbo, Rich Products Corporation, Weston Foods, Canada Bread Company, Dunkin' Brands, General Mills Inc., Europastry, and Aryzta to name some.
Canada frozen bakery market is largely driven by the increasing consumption of convenience foods. Convenience is one of the biggest growing trends in the food and beverage industry.

The major benefit of consumption food is that it saves efforts and time of the consumer. Continuously changing lifestyles of people due to the odd working hours and altering corporate lifestyle is said to rise the demand for convenience foods, thereby pushing the Canada frozen bakery market to new heights. Coffee shops, café chains, in-store bakeries and restaurants now a days prefer to buy frozen dough in large quantities as it minimizes their pre-work of preparing these doughs from scratch. This reduced pre-night work is due to the availability of various doughs as well as frozen products such as pizza crusts, pastries, cakes, other confectioneries and savory snacks. Rising demand for frozen baked products in Canada will fuel the frozen bakery market demand in near future.

Ready-to-bake segment will grow at a higher rate than the ready-to-prove segment owing to its popularity in the frozen bakery market. On the basis of revenue, the ready-to-prove segment is said to grow with a CAGR of over 5%. The fully baked segment is said to surpass USD 550 million with a CAGR of over 4.5% by the end of the forecast period.

Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/2936

Canada frozen bakery market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in kilo tons & revenue in USD million from 2013 to 2024, for the following segments:
Canada Frozen Bakery Market, By Recipe
• Bread
• Viennoiserie
• Patisserie
• Savory Snacks
Canada Frozen Bakery Market, By Product
• Ready-to-prove
• Ready-to-bake
• Fully Baked

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About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Explore Our Blog @ http://algosonline.com/news

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