What are the factors contributing in Frozen Bakery Market growth? Grupo Bimbo, Comapan S.A, Vandemoortele, Aryzta AG, BredenMaster S.A., CSM Bakery Solutions, Weston Foods

A comprehensive research study on Frozen Bakery Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Frozen foods have been gaining renewed popularity since the last two decades, subject to high demand for rising food durability. Frozen bakery market, one of the most renowned sectors of the global food & beverages business space, has been gaining traction of late owing to the popular consumer demand for frozen baked goods pertaining to their longer lifespan as compared to traditional baked items.

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Key Profiles:
• Grupo Bimbo
• Comapan S.A
• Vandemoortele
• Aryzta AG
• BredenMaster S.A.
• CSM Bakery Solutions
• Weston Foods

These frozen edibles can be kept fresh for long durations. Various frozen bakery products such as breads, pastries, cake dough, patisserie, etc. are surging in demand, which is positively driving the frozen bakery market across the globe in the projected time period.

Expansion in convenience stores, hypermarkets & supermarkets and other bakery chains are other key driving factors for global frozen bakery market in coming years. For instance, In Mexico, these distribution channels makes over 60% of the entire bakery product retail sales in 2017. Grocery retailers are the most preferred distribution channels in Mexico as the one-stop shops are the consumer preference where they can buy all their household products. This will further boost the frozen bakery market in developing economies by 2024.

Global frozen bakery market based on its recipes is categorized as viennoiserie, breads, savory snacks and patisserie. Among these, breads & viennoiserie items seized the maximum share of the overall market share in 2017 and is expected to grow with a considerable CAGR over the forecast period. Widespread use of breads in several fast food joints such as McDonald's, Burger King etc. is expected to swell the product industry in the projected timespan.

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Based on end-users, the global frozen bakery market is segmented into hyper markets & super markets, convenience stores, artisan bakers, HORECA (hotels, restaurants and catering) and several bakery chains. HORECA is expected to grow at sluggish rate of CAGR over the projected timeframe.

Europe frozen food bakery is slated to witness substantial growth rate over the coming seven years. Exponentially growing tourism and catering sectors across this region will impel the regional growth. UK, Germany, and France will be the significant revenue contributors.

Frozen bakery industry from breads will generate a significant revenue with an annual growth rate of more than 8% over the years ahead. Bread is standardized as the main diet of Americans. Increasing consumption of frozen food products across America will stimulate the regional growth.

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Asia Pacific is estimated to witness a significant growth due to rising disposable income and the growing standard of living amongst the population. The frozen bakery industry is anticipated to rise at a considerable pace in the Asia-Pacific region owing to the increasing demand for the processed food products.

The noteworthy players in frozen bakery market are Vandemoortele N.V., Kellogg Company, Conagra Brands Inc., Grupo Bimbo, Lantmännen Unibake, Europastry, Associated British Foods plc., Cole’s Quality Foods Inc., General Mills, Inc., Aryzta AG, American Desserts, General Waffel Manufactory, Bridgford Foods Corporation, Flowers Foods, Pepperidge Farm, Deiorio Foods, Inc., Alpha Baking Company Inc., Warburtons Bakery, Custom Foods, Inc., Maple Leaf Foods Inc., and Cargill Corporation.

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.

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